Sr. Accountant II, Internal Financial Reporting

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The Royal Caribbean Group has an exciting career opportunity for a full time Sr. Accountant II, Internal Financial Reporting, reporting to the Senior Manager, Internal Financial Reporting.

This position sits on-site in Miami, FL.

Position Summary:

The Senior Accountant II, Internal Financial Reporting will assist in the consolidation of RCL's monthly operational results. This person will be expected to become the subject matter expert on certain aspects of departmental tasks. This person will also be expected to understand inter-company transactions and its impact to the financials in order to assist the foreign subsidiaries. This person is responsible for the development of and compliance with accounting policies and principals as well as departmental procedures. This position requires extensive interaction with Treasury, Tax, Corporate Planning, and foreign subsidiaries.

• Prepares and reviews monthly and quarterly Management Reporting Book to senior management. The reports contained in this book provide the consolidated operational results (actual vs. plan) of the organization by brand as well as Key Statistics and Vessel Results.
• Reviews and assists in the compilation of Balance Sheet results in preparation of quarterly meetings with senior management.
• Prepares monthly journal entries (i.e., foreign subsidiary consolidation, deferred costs, equity pick-up, etc.).
• Reconciles and/or reviews certain balance sheet accounts, including deferred financing fees, debt and all equity accounts.
• Works directly with upper management on ad hoc projects as assigned.
• Determines proper accounting and provides instructions in order to record inter-company transactions to shore-side departments.
• Applies accounting concepts and policies in the preparation and review of financial transactions which may include but are not limited to foreign subsidiary consolidation, inter-company transactions, high volume complex accruals and prepaid expenses across a large number of accounts and monthly reclasses.
• Assists management in the analysis and review of Actual vs. Forecast explanations submitted by the operating groups.
• Assists management in generating financial schedules, Sarbanes Oxley documentation, and other items for external and internal auditors as needed.
• Assists in the review of entity-wide inter-company arrangements to provide the appropriate accounting treatment to senior management of Tax and Treasury departments.
• Liaises with external financial reporting team and auditors as part of the financial reporting processes.
• Requires knowledge of ASC 830 (Foreign Currency Matters) in order to compile monthly foreign exchange schedules provided to upper management. Works in conjunction with Treasury to ensure these schedules encompass all accounts utilized in monthly Balance Sheet hedge strategy.
• Provides assistance / guidance to accounting group regarding treatment of foreign currency transactions.
• Collaborates with Corporate Planning to ensure that the monthly financial results are in sync between the General Ledger and Hyperion (Essbase).
• Works in conjunction with Accounting Management and Treasury with respect to accounting and financial transactions during debt contract negotiations.
• Ability to interact effectively with executives, functional peer groups and subordinates and to gain cooperation from others, including outside auditors.
• Ability to read contracts/agreements and identify pertinent terms and issues to provide appropriate accounting guidance to business managers.
• Performs other duties as required.
• Integral part of department responsible for the proper consolidation of $665M of company's earnings which includes $8.3B of revenues and $5.1B of cruise operating expenses for approximately 265 entities in various currencies.
• Responsible for the proper accounting and reconciliation of approximately $8.7B of company debt, $214M of debt related deferred costs and $38M of accrued interest; in addition, responsible for ensuring that the company's inter-company accounts eliminate in consolidation.

• Requires a four-year Accounting degree from an accredited university.
• Requires four or more years' experience in accounting.
• CPA and/or public accounting experience preferred.
• Must have knowledge of, and be able to apply, U.S. Generally Accepted Accounting Principles (GAAP).
• Requires strong analytical skills.
• Must have strong verbal and written communication skills.
• Must work effectively with all levels of management.
• Must be literate in Windows operating system, Excel, Word and Power Point.
• Must have knowledge of financial control systems. JD Edwards experience preferred.

• While performing job functions the employee is regularly required to sit, stand, write, review and type reports, compile data, operate a PC, communicate, listen, and assess information.
• The employee may move about the office complex, may travel to other office locations and may lift, push, pull or move 10 - 15 pounds.
• Vision Requirement: Include distant, close and color vision, and ability to adjust focus.