Senior II, Technical Accounting

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The Royal Caribbean Group has an exciting career opportunity for a full-time Senior II, Technical Accounting reporting to the Senior Manager of Technical Accounting.

This position works on-site in Miami, Florida.

Position Summary:

The Senior II, Technical Accounting role is responsible for assisting the Senior Manager of Technical Accounting with a combination of duties including but not limited to those described below. This role will be part of the Technical Accounting Group that partners with various finance and business teams to ensure they are provided with accurate accounting guidance to drive the business forward.

This role will assist in the research, interpretation, and practical application of accounting guidance for both new and existing accounting standards. This role will also assist with the financial reporting of Royal Caribbean’s derivative instruments and for executing the company’s hedge accounting program in accordance with relevant accounting literature (ASC 815 Derivatives and Hedging).

This role is an excellent opportunity to join a team that is focused on collaboration with various cross-functional teams throughout the organization when engaged to review contracts or other management prepared documents. We are looking for a candidate that has great organization and communication skills, as well as a process improvement mindset. This role will also be responsible for the proper execution of key SOX controls such as drafting position papers for significant transactions, assisting with the implementation of new or amended accounting policies, and supporting the monthly close process.

Essential Duties and Responsibilities:

• Provide accounting guidance to business stakeholders by reviewing management’s contracts and drafting internal memos summarizing the key terms and related accounting analysis/conclusions.
• Research technical accounting questions and provide prompt assistance/responses to address internal accounting consultations.
• Draft position papers addressing the accounting for significant transactions, including financing arrangements, joint ventures, and several other types of transactions.
• Interact with individuals throughout the company to understand fact patterns underlying various transactions and provide real-time accounting feedback.
• Monitor new accounting pronouncements, assist in implementing new standards, and draft relevant disclosures for SEC filings (10-Qs and 10-Ks).
• Participate in the preparation of accounting presentations, including helping to develop content and present to a 30+ person audience. Presentations can either be on ad-hoc finance and accounting topics or focused on delivering CPE credits to those carrying CPA licenses.
• Participate in recurring meetings with various finance and business teams such as Destination Development.
• Assist in the preparation of new or amended accounting policies, ensuring compliance with US GAAP.
• Participate in quarterly and annual technical accounting projects such as impairment, embedded derivatives, and reportable segment reviews.
• Evaluate transaction impacts for key non-GAAP metrics including but not limited to Return on Invested Capital (ROIC), and Adjusted EPS, as well as impacts to Critical Accounting Policies, Statement of Cashflows, and other Company Metrics/Disclosures.
• Support monthly close by preparing derivative accounting entries along with monthly balance sheet reconciliations and variance analytics.
• Generate derivative financial statement disclosures on derivative instruments and hedge accounting for the company’s SEC filings (10-K and 10-Q).
• Assist SEC reporting team as needed including review/preparation of disclosure checklists and other analysis supporting SEC filings.
• Ensure proper execution of key SOX controls, including coordination with internal and external auditors.
• Responsible for special projects and any ad hoc…