senior manager, transaction accounting

Summary

The Opportunity

Hyatt seeks an enthusiastic Senior Manager to join our Technical Accounting team. In this role, you will be collaborating closely with the broader finance organization, where you'll be instrumental in continuing to make Hyatt a leading hospitality company. You'll be part of a team that is passionate about diversity, equity, and inclusion, and is committed to nurturing curiosity and new skills.

Who We Are

At Hyatt, we believe in the power of belonging and creating a culture of care, where our colleagues become family. Since 1957, our colleagues and our guests have been at the heart of our business and helped Hyatt become one of the best and fastest-growing hospitality brands in the world. Our transformative growth and the addition of new hotels, brands, and business lines can open the door for exciting career and growth opportunities for our colleagues.

As we continue to grow, we never lose sight of what's most important: People. We turn trips into journeys, encounters into experiences, and jobs into careers.

Why Now?

This is an exciting time to be at Hyatt. We are growing rapidly and are looking for passionate changemakers to be a part of our journey. The hospitality industry is resilient and continues to offer dynamic opportunities for upward mobility, and Hyatt is no exception.

How We Care for Our People

What sets us apart is our purpose—to care for people so they can be their best. Every business decision is made through the lens of our purpose, and it informs how we have and will continue to support each other as members of the Hyatt family. Our care for our colleagues is the key to our success. We're proud to have earned a place on Fortune's prestigious 100 Best Companies to Work For list for the last ten years. This recognition is a testament to the tremendous way our Hyatt family continues to come together to care for one another, our commitment to a culture of inclusivity, empathy, and respect, and making sure everyone feels like they belong.

We're proud to offer exceptional corporate benefits, which include:

• Annual allotment of free hotel stays at Hyatt hotels globally
• Flexible work schedule
• Work-life benefits including wellbeing initiatives such as a complimentary Headspace subscription, and a discount at the on-site fitness center
• A global family assistance policy with paid time off following the birth or adoption of a child as well as financial assistance for adoption
• Paid Time Off, Medical, Dental, Vision, 401K with company match

Who You Are

As our ideal candidate, you understand the power and purpose of our culture of care and embody our core values of Empathy, Inclusion, Integrity, Experimentation, Respect, and well-being. You enjoy working with others, are results-driven, and are looking for a variety of opportunities to develop personally and professionally.

The Role

The Senior Manager of Transaction Accounting will report directly to the Associate Vice President of Transaction Accounting. They will be responsible for providing support for transactions, including acquisitions and other investments, and partnering with key stakeholders to ensure complex transactions are properly accounted for and disclosed. A successful candidate for this role will be strong in both technical accounting research and analytical skills and have strong leadership, organizational, and verbal and written communication skills. They will be comfortable working in a fast-paced environment on complex accounting issues.

Key responsibilities include:

• Assist Structured Transactions and Development Finance teams in evaluating potential transactions, including acquisitions, dispositions, capital commitments, joint ventures, and other investments
• Partner with Corporate Accounting, Financial Reporting, Finance teams, and other stakeholders to understand, analyze, and report complex accounting matters
• Perform complex accounting research, most notably under U.S. GAAP and SEC regulations, and prepare or review technical accounting memos to support conclusions
• Provide accounting guidance to the monthly Development and Asset Management Committee process
• Review new and/or amended contracts and provide feedback on accounting implications
• Lead purchase price allocations with external advisors, including review of valuations and supporting documentation
• Oversee and review certain quarterly fair value updates, including contingent consideration arrangements
• Prepare and/or review certain disclosures in the Company's SEC filings
• Work with external auditors to provide support on technical accounting conclusions and valuations
• Coach, supervise, and mentor senior accountants
• Demonstrate a commitment to Hyatt's core values
• The position responsibilities outlined above are in no way to be construed as all-encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.

Qualifications

Experience Required:

• Bachelor's degree in Accounting, a related field, or equivalent practical experience
• Certified Public Accountant (CPA)
• 8+ years of experience in public accounting and/or industry accounting roles
• Excellent project management and communication skills

Experience Preferred:

• Experience working in technical accounting, accounting advisory, M&A accounting, or a similar role
• SEC and financial reporting experience
• Financial ERP / Reporting system knowledge (Hyperion preferred)

We welcome you:

Research shows that individuals tend to apply to jobs only if they meet all the listed job qualifications. Unsure if you check every box, but feeling inspired to enhance your career? Apply. We'd love to consider your unique experiences and how you could make Hyatt even better.

We value our relationships with recruitment partners and require that agencies contact us first before submitting any candidates. Hyatt will not be responsible for any fees and obligations associated with unsolicited submissions unless a formal agreement is in place.

The salary range for this position is $108,800 to $145,000. This position is also eligible to earn an annual bonus. The final pay rate/salary offered to the successful candidate will depend on experience, skill level and other qualifications for the role, as well as the location of the performance of work. Pay for the successful candidate will meet local requirements, including the local minimum wage rate.