Accounting Policy and Advisory - Senior Specialist

Posted 8 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
115K-230K Annually
Senior level
Fintech • HR Tech • Insurance • Consulting
The Role
Provide technical accounting guidance on complex revenue recognition (ASC 606) and costs to obtain/fulfill (ASC 340-40), support transaction accounting for M&A, develop training and tools for controllers, liaise with Legal/Tax/Treasury, assist SEC reporting, and engage with auditors and standard-setters to implement new accounting standards.
Summary Generated by Built In
Company:Marsh Corporate

Description:

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.

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.

What you need to have:

  • 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).

What makes you stand out?

  • 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.

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 [email protected].

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.

Skills Required

  • Certified Public Accountant (CPA)
  • Bachelor's or Master's degree in Accounting
  • 8+ years providing technical accounting advice in-house or in public accounting
  • At least 2 years focused on revenue recognition (ASC 606)
  • Experience with complex transactions and transaction accounting advisory (including M&A)
  • Strong interpersonal and communication skills (verbal and written)
  • Experience in a Big 4 technical accounting group or National office
  • Practical/commercial approach to providing accounting advice; other topical accounting expertise beyond ASC 606/ASC 340-40

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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