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Sr. Manager, Accounting & Reporting
Marriott International Bethesda, MD

Sr. Manager, Accounting & Reporting

Marriott International
Bethesda, MD
Expired: November 06, 2023 Applications are no longer accepted.
  • Full-Time
Job Description

JOB SUMMARY

The Senior Manager will contribute to the management and execution of financial and accounting support for the Bonvoy program. The Senior Manager will serve as a subject matter expert on financial/accounting matters related to the Bonvoy program. This role will support the accurate calculation, recording and reporting of revenues and expenses in accordance with GAAP. The Senior Manager will support and manage the monthly close and forecast of GAAP financial statements which includes the Revenue Recognition model, financial statement generation and analysis, the Budget and annual Long-Range Plan forecast.

The Senior Manager will support departmental objectives. This role will assist in the enhancement of systems and processes that support key objectives to achieve the goals of the programs for Marriott and add value. The Senior Manager will therefore be adept at tapping diverse sources of information, identifying opportunities, anticipating challenges, and executing strategies to deliver against this objective.

The Senior Manager will support multiple audits including SOX compliance and the MI corporate audit. This role will facilitate the maintenance, execution, and documentation of key controls related to Bonvoy financial reporting.

This role will report to the Senior Director, Loyalty Accounting & Reporting. Additionally, the Senior Manager will partner with the Finance Business Partners for Consumer Operation (FBP-CO) team, IT, Financial Reporting & Analysis, Tax, Legal, Financial Contract Compliance, and Accounting Policy Group in the execution of financial and operational business strategies and plans to support the ongoing fiscal needs and responsibilities of the program.

EXPECTED CONTRIBUTIONS
  • Manage the Revenue Recognition model and monthly close process to calculate Bonvoy revenue and expense for company financial statements, record revenue and expense to the ledger, and provide variance analysis and reporting to the Financial Reporting and Financial Contract Compliance teams.
  • Partner with Accounting Policy Group and external auditors to evaluate US GAAP requirements (and changes) for reimbursed revenue reporting and update current processes to ensure compliance.
  • Partner with the Director, Reporting & Projects, to develop GAAP forecasts, long-range plan, and budget.
  • Support the integrity and accuracy of data and reports produced, through the systemic monitoring of key performance measures and the auditing of key reports on a sampling basis. Identify unusual financial and process performance trends and investigate and resolve any problems and/or inconsistencies as appropriate.
  • Manage the annual process by partnering with outside actuary to update the Loyalty redemption rates and impacts to the Revenue Recognition model and MI financial statements.
  • Serve as a subject matter expert on accounting matters related to Bonvoy program, including having a strong working knowledge of the program's structure and an ability to identify the accounting implications and impact to Marriott financial statements resulting from program changes and trends.
  • Provide ad-hoc financial analysis as required by FBP-CO leadership, or other key stakeholders in response to requests to evaluate accounting changes, proposed program enhancements, tax matters or other areas of concern.
  • Prepare a Financial Reporting Package which will be utilized to provide management with actual results compared to various measures such as prior years, budget, and prior forecast. Provide meaningful analysis and assurance that balances are reported according to GAAP.
  • Review and certify owned Balance Sheet accounts to support the Company's quarterly Account Reconciliation policy (MIP-66).
  • Maintain effective internal control processes for the reporting of the program on MI Financial Statements and proactively identify and address financial statement risks.
  • Prepare and/or present financial updates as required for Marriott financial reporting and planning processes.
  • Establish and maintain strong, collaborative relationships with program team and other key stakeholders to understand the business, ensure timely exchange of actionable financial information and customer satisfaction.
  • Lead, mentor, and develop team. Set goals and expectations for team. Support the team development and hold team accountable for successful performance. Coach team with constructive feedback to improve performance.
  • Champion excellence in business ethics and integrity, social responsibility, cross-cultural effectiveness, and associate engagement.
  • This position directly manages a team of 2, previous leadership experience is highly preferred but not required.
  • Perform other duties as assigned to meet business needs.


CANDIDATE PROFILE

Experience
  • Minimum 7 years accounting/finance experience, with strong technical accounting knowledge and skills.
  • Strong systems skills. Power BI, Tableau and/or SmartView experience preferred.
  • Public accounting experience preferred.
  • Experience in Marriott business, processes, and systems preferred. Knowledge of Marriott specific accounting and finance processes and reporting systems a plus.
  • Strong knowledge of generally accepted accounting principles, policies, and controls.
  • History of consistently delivering business results.


Education or Certification
  • Baccalaureate degree required in Accounting (preferred) or Finance
  • CPA strongly preferred.


Knowledge, Skills & Attributes
  • Demonstrated supervisory, leadership, and interpersonal skills. Ability to work effectively individually and in a team environment. Demonstrated customer service orientation.
  • Strong quantitative and qualitative analysis skills; ability to take large volumes of complex information and present it in a clear and concise manner; uses data and a cogent problem-solving methodology in decision making and impact assessment.
  • Able to consistently make decisions in a timely manner, sometimes with incomplete information and under tight deadlines and pressure.
  • Comfortable challenging organizational norms and accepted thinking to improve effectiveness. Steps forward in improving and documenting processes, ensuring compliance with existing processes and producing quality results.
  • Strong change management skills. Manages and initiates change within the organization, taking steps to remove barriers or to accelerate its pace.
  • Develops and maintains effective relationships with a broad group of stakeholders to foster trust and influence key decisions.
  • Resourceful in resolving issues, solving problems, and leveraging resources to get results.
  • Strong communication skills - creates an atmosphere in which timely information flows smoothly through the organization.
  • High degree of initiative, personal responsibility, and ownership.
  • Detail and results oriented; delivers timely and accurate results under difficult conditions while demonstrating balanced judgment in conclusions.
  • Influencer of people - ability to help demonstrate organizational vision and motivate others to achieve desired results.
  • Highly organized and able to handle multiple competing priorities and meet deadlines at quality levels. Strong time management skills.
  • Strong service orientation; collaborative team player.
  • Ability to integrate and balance priorities, work activities and resources for the benefit of multiple key stakeholders.
  • Steps forward to address difficult issues; strong mediation skills to facilitate a constructive approach to dealing with conflict; guides others toward the accomplishment of identified, meaningful goals.
  • Active learner -- able to enhance personal, professional, and business growth through new knowledge and experiences; pushes the organization to learn from other industries' standards and practices.


Marriott International is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.

About the Team

Marriott International is the world's largest hotel company, with more brands, more hotels and more opportunities for associates to grow and succeed. Be where you can do your best work, begin your purpose, belong to an amazing global team, and become the best version of you.

Address

Marriott International

7750 Wisconsin Avenue

Bethesda, MD
20814 USA

Industry

Finance and Insurance

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