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Senior Specialist in Accounting Policy & Advisory – Hybrid role in NYC.
Shape accounting policies for revenue recognition, M&A, and new initiatives at Marsh.
About the Role
Marsh is seeking an Accounting Policy and Advisory - Senior Specialist for our high-performing Controllership team. This is a hybrid role with three days per week required in our NYC office.
The Accounting Policy and Advisory - Senior Specialist will partner across Finance, Corporate Development, and Marsh’s four businesses to help shape and support accounting conclusions on complex matters, new initiatives, and strategic transactions.
This role reports into the Global Head of Accounting Policy and Advisory and will be a member of a highly visible team that serves as a trusted technical accounting resource across Marsh’s four global businesses.
Responsibilities
We will count on you to:
- Act as a subject matter expert in ASC 606 (revenue recognition) and ASC 340-40 (costs to obtain and fulfill).
- Partner with local and regional Controllers by resolving technical inquiries relating to the revenue recognition (ASC 606) of new customer products/services and changes to the contractual terms of existing services.
- Assist with transaction accounting advisory for mergers and acquisitions and strategic investments; partnering with local and regional Controllers to resolve ad-hoc due diligence questions relating to ASC 606 (revenue recognition).
- Equip the local and regional Controllers’ teams with technical accounting guidance through the development and delivery of targeted training in complex accounting areas and through the creation of a contract analysis tool.
- Partner with other members of the Accounting Policy and Advisory team to design and conduct training for our Corporate Development department, aimed at educating the team on common revenue recognition (and related matters) issues identified during the due diligence process.
- Work closely with other key stakeholders, including but limited to: Legal, Tax, Treasury, Controllership, and Marsh’s four businesses.
- Communicate accounting guidance to Marsh’s Controllers by designing, maintaining, and refining accounting policies and/or preparing accounting memos that are easy to understand and include sufficient detail to support effective implementation.
- Advise management of any new accounting guidance issued by standard setters and regulators that may affect the organization, and support Marsh in the adoption and implementation of new standards across the business.
- Support SEC reporting activities through the review of applicable changes to the financial statements, footnotes, and MD&A within Marsh’s 10Q and 10K.
- Support the team’s external engagement with 1) Marsh’s external auditors and 2) the SEC, the FASB, FINRA, and relevant trade groups to help ensure Marsh’s views are appropriately represented.
Qualifications
Certified public accountant
Bachelor’s and/or a Master’s degree in Accounting.
8+ years of providing technical accounting advice in-house within an organization and/or within the public accounting space.
Experience with complex transactions, with at least 2 years specifically focusing on revenue recognition (other areas of expertise are a plus).
Desired Attributes
Have strong interpersonal skills and can take a thoughtful, measured approach when interacting with colleagues.
Extensive technical accounting experience gained in a large Big 4 accounting firm’s client-serving technical accounting group and/or National office.
Ability to balance providing accurate accounting advice while being commercial and practical.
Other areas of topical expertise beyond ASC 606 and ASC 340-40.
Have excellent communications skills, both verbal and written.
Why Join Us
We help you be your best through professional development opportunities, interesting work and supportive leaders.
We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact on colleagues, clients and communities.
Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit corporate.marsh.com, or follow us on LinkedIn and X.
Legal & Compensation Information
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
The applicable base salary range for this role is $115,200 to $230,000.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.