Marriott International

Manager, Cobrand Cards - Loyalty Finance

Marriott International • $90K — $130K *
Bethesda, MD 20817In-Person
Hospitality & Recreation
5 - 7 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • 5+ years in finance and accounting in global settings.
  • Bachelor's degree in Accounting, Finance, or related field.
  • Experience in managing business initiatives and large technology project accounting.
  • Preferred CPA or MBA credentials.
  • Experience in lodging/hospitality industry is a plus.

Responsibilities

  • Prepare and manage the budget for the Co-Brand Card marketing program.
  • Support execution of annual budgets and forecasts with cross-functional teams.
  • Track and report on Loyalty points and awards issued through marketing efforts.
  • Act as a financial expert for the Cobrand Cards Program and partnerships.
  • Analyze financial implications of Loyalty Program changes and initiatives.
  • Provide ad-hoc financial analyses for leadership and key stakeholders.
  • Maintain strong relationships with business contacts for financial performance improvements.

Benefits

  • Opportunities for professional development and career advancement.
  • Collaboration with cross-functional teams in a global setting.
  • Access to exclusive loyalty and travel rewards programs.
  • Engagement in a dynamic and supportive work environment.
  • Potential for participation in corporate social responsibility initiatives.
Full Job Description
Job Description

JOB SUMMARY

Reporting to the Sr. Director, Cobrand Cards and Emerging Businesses - Loyalty Finance the Manager will contribute to the management and execution of financial support of the Global Cobrand Cards Program with the Marriott Bonvoy Loyalty Program, ensuring the Loyalty Program's ongoing financial health and stability and enabling the achievement of the Loyalty Programs' financial goals and objectives. He / She will partner with the FBP-Loyalty leadership team, Loyalty business leaders, MI General Accounting ("MIGA") Planning and Reporting, Global Technology, Financial Reporting & Analysis, Legal, Financial Contract Compliance, as well as Loyalty Accounting in the execution of financial and operational business strategies and plans to support the ongoing fiscal needs and responsibilities of the Loyalty Program.

This role will partner closely with the Sr. Director, Cobrand Cards and Emerging Businesses on the Global Cards & Enterprise Partnership strategic planning of expenses and reporting of Loyalty expenses which include: Marketing Program including restricted marketing funds and promotional points, Global Card Initiative tracking, and Global Cards base organization expenses. With oversight from the Sr. Director, he/she will partner with Global Card budget owners at headquarters and international leaders to report actuals, record accruals, forecast, and budgets. Consolidate Global Cards and Enterprise Partnerships expenses and participate in quarterly business reviews.

CANDIDATE PROFILE

Education and Experience

Required
  • 5 + years of experience in finance and accounting processes in a global organization.
  • Baccalaureate degree in Accounting, Finance or related discipline.
  • Experience managing business initiatives and associated change and managing the accounting for large scale technology projects in a complex, service-intensive, deadline-driven environment.

Preferred
  • CPA or MBA
  • Lodging/hospitality industry experience.


CORE WORK ACTIVITIES
  • Prepare the annual Co-Brand Card marketing program budget and forecasts for the Loyalty Program and Marriott International. Liaison with the business to coordinate, validate and record the costs and funding of the Co-Brand Card and emerging business partnerships.
  • Support the timely and effective execution of the enterprise-wide annual budget, forecast and long-range planning processes, partnering with Global Finance FBP team, discipline and projects staff, and MBS.
  • Develop and implement procedures to track and report on Loyalty points and awards issued through ongoing Co-Brand Card marketing and other promotional efforts.
  • Serve as a subject matter expert on financial matters related to the Cobrand Cards Program and emerging business partnerships, and their impact to the Loyalty Program.
  • Supporting loyalty program infrastructure and analyzing the financial implications of proposed Program changes.
  • Provide ad-hoc financial analysis as required by FBP-Loyalty leadership, or other key stakeholders in response to requests to evaluate leadership inquiries, proposed program enhancements, tax matters or other areas of concern.
  • Develop and maintain strong relationships with Business contacts to provide guidance and/or consultation in the development and implementation of strategies to improve financial and operational performance and owner transparency.
  • Provide functional and detailed support to assist in various Enterprise- and/or Program-wide initiatives.
  • Provide support, as needed, to include the timely and efficient execution of the annual audit processes that include SOX, standalone audits as well as the annual MI audit process.
  • Prepare and provide support for ongoing reporting and forecasting processes including monthly and quarterly program GAAP and cash flow statements, program cost per point, forecast and budget, promotions reporting, reimbursed revenue reporting and other key internal and external stakeholder deliverables.
  • Support in the preparation of the quarterly Cobrand Cards Revenue Recognition close processes in conjunction with the consolidated Loyalty Program financial close process.
  • Support the management and execution of activities designed to monitor and measure the financial performance of the Cobrand Cards Program , the Loyalty Program, and its applicable programs and services.
  • Study and recommend financial tools upon which greater transparency and reliability into forecasting and reporting Marriott profit can be achieved.
  • Maintain effective program reporting, analysis and control processes for the Loyalty program and proactively identify and address program concerns.
  • Provide timely and accurate analyses of program financials to support accounting procedures and to respond to internal management, legal, owner, and audit inquiries.
  • Provide the necessary internal financial reporting and variance analysis to stakeholders for the Loyalty program including but not limited to data gathering and analysis related to program reimbursements, funding, and promotional costs.
  • Perform ad-hoc analyses for and/or provide information to and advise, as appropriate, the FPB-Loyalty team, Consumer Business partners and other Global Finance groups on the business environment and key operating issues within the discipline.
  • 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.

About Marriott International

Marriott International is a hospitality company with more than 3,900 properties around the world. Marriot International opened its first hotel in 1957 and operates franchises worldwide. The company’s headquarters is based in Maryland and employees nearly 200,000 people worldwide.   The company was founded by J. Willard and Alice Marriott in 1927 by opening a root beer stand in Washington D.C.

Marriott International Careers

Join the vibrant team at Marriott International, the global leader in hospitality, where career opportunities abound and the potential for growth is limitless. As part of our commitment to innovation and leadership in the industry, we are continuously seeking passionate, creative, and driven individuals to join our diverse team. Work You’ll Do At Marriott International, you will be part of a culture that values diversity, leadership, and professional development. Engage in meaningful work that enhances the travel experience of each guest while fostering a positive environment where all team members can thrive. Our team at Marriott International leads the way in delivering exceptional service and innovative hospitality solutions. With a variety of job opportunities ranging from front-line roles to executive positions, you can find the perfect match for your skills and career ambitions. Marriott International’s commitment to growth and innovation means we are always on the lookout for dynamic professionals to join our team. Whether you are seeking your first job, looking for a challenging leadership role, or aiming to specialize in hospitality management, Marriott offers unparalleled employment opportunities. Internship and Training Programs Kickstart your career with Marriott International’s internship programs. These opportunities provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at Marriott are treated as integral members of the team and are involved in projects that make a tangible impact on the company. In addition to internships, we offer comprehensive diversity training and professional development programs that prepare you for future leadership roles within the company. Our training programs are designed to enhance your capabilities and ensure you are equipped to meet the challenges of the evolving hospitality landscape. Benefits and Career Growth Marriott International believes in rewarding our employees for their dedication and hard work. We offer a competitive benefits package that includes health, vision, and dental insurance, employee discounts, and more. Moreover, we are committed to the professional growth of our employees. Career advancement at Marriott is not just a possibility—it is a priority. Join Our Team Explore the wide range of job opportunities at Marriott International. We are hiring across various departments, including management, customer service, culinary arts, and more. Bring your unique skills and perspective to our team, and help us continue to innovate and lead in the hospitality industry. Networking and Professional Development Stay connected and advance your career through Marriott’s extensive networking opportunities. Our professional community is designed to foster connections that can lead to career advancement and personal growth. Engage with leaders, gain industry insights, and build relationships that will support your career aspirations. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Marriott Careers page. We look for individuals who are curious, team-oriented, and committed to excellence. Prepare your resume, sharpen your interview skills, and join one of the most respected names in the global hospitality industry. Stay Up to Date Keep informed with the latest career tips, company news, and industry insights from Marriott International. Join our community and discover how you can contribute to the world of hospitality and beyond. Explore job opportunities, embrace professional growth, and become part of a company that values innovation and leadership. At Marriott International, your career journey is just beginning.
Learn more about Marriott International
Size
120,000 employees
Market Cap
$46.5 billion
Industry
Hospitality & Recreation
Net Income
-$267 million
Founded
1927
5 Year Trend
-2.1%
Revenue
$10.5 billion
NASDAQ
MAR
* Ladders Estimates

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