Marriott International

Manager, Loyalty Reporting & Analysis (Cobrand)

Marriott International • $90K — $120K *
Bethesda, MD 20817In-Person
Finance & Insurance
5 - 7 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • 5+ years of accounting/finance experience in a global organization
  • Proficient with financial management tools like Excel and Peoplesoft
  • Strong quantitative and qualitative analysis skills
  • Expert modeling skills for revenue recognition
  • Excellent interpersonal and communication abilities
  • Experience with data analytics tools like Tableau or PowerBI
  • Baccalaureate degree in accounting; CPA preferred

Responsibilities

  • Contribute to accurate financial reporting for Cobrand partnerships
  • Analyze financial statements for Bonvoy credit card and partnership accounts
  • Validate life-of-contract forecasts during quarterly close processes
  • Create new tools for reporting Loyalty Program revenues and expenses
  • Collaborate with Finance Business Partners during forecasting cycles
  • Monitor data integrity and investigate financial performance trends
  • Manage reimbursed revenue calculations for financial statements
  • Work with external auditors on Cobrand activity
  • Document quarterly adjustments and maintain narratives for processes
  • Complete reconciliations for Cobrand credit card and partnership balances

Benefits

  • Collaborative work environment
  • Opportunities for professional development
  • Exposure to senior management
  • Involvement in a prominent loyalty program
  • Emphasis on business ethics and integrity
Full Job Description
Job Description

JOB SUMMARY

As an integral member of the Loyalty Accounting and Reporting team, the Manager, Cobrand Accounting and Reporting will have responsibility for a wide range of financial reporting activities for Marriott's Loyalty Program. The Manager will be responsible for collaborating with the Cobrand FBP and others to calculate accurate GAAP quarterly reporting related to certain Cobrand credit card and other partnership agreements. In addition, the Manager will help develop enhanced processes, models and reporting templates for new partnership agreements / business ventures that include Bonvoy (MI's Loyalty Program) points, including maintaining adequate internal controls over each process to support the accurate calculation, recording, and reporting of the Loyalty Program revenues and expenses in accordance with GAAP. This role will also monitor, quantify, and incorporate the impacts of contract and economic changes on GAAP reporting. This position will report to the Director, Cobrand Loyalty Accounting & Reporting.

EXPECTED CONTRIBUTIONS
  • Contribute to Cobrand credit card and partnership financial reporting processes. Ensure financial reports related to new and existing partnerships are completed accurately, on a timely basis, and in accordance with Generally Accepted Accounting Principles (GAAP).
  • Review and analyze detailed Income Statement, Balance Sheets and Statements of Cash flows related to certain Bonvoy credit card and partnership accounts to ensure that activity is accurately reported, and material variances and changes are explained, with a focus on meeting internal and external stakeholder requirements.
  • As part of the quarterly close process, validate accuracy of life-of-contract forecasts and the related assumptions on which GAAP estimates are dependent. For each contract, identify triggering events which would indicate changes to estimates are required and work with the Director to maintain documentation regarding current assumptions.
  • Assist with the creation and execution of new tools to support the calculation, recording, and reporting of partner-based Loyalty Program revenues and expenses, ensuring appropriate governance, controls, and compliance with GAAP. As Marriott enters into new Cobrand Credit Card & Partnerships involving Bonvoy points and FNC's, participate in the development of financial reports and presentation materials for review with senior management.
  • Collaborate with the Finance Business Partner (FBP) organization to understand and document the assumptions made in forecasting cycles, including monthly forecasts and annual LRP/budget planning. Maintain and enhance financial models to adjust cash flow forecasts to GAAP presentations.
  • Ensure 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 sample basis. Identify unusual financial and process performance trends and investigate and resolve any problems and/or inconsistencies as appropriate.
  • Manage the Reimbursed Revenue calculation related to certain Cobrand credit card and Partnership agreements for company financial statements, record Loyalty revenue to the ledger, provide variance analysis and reporting to Financial Reporting team.
  • Work with the company's external auditors in matters pertaining to their testing of Cobrand and other partnership activity.
  • Write memos to summarize quarterly adjustments to cobrand life-of-contract forecasts, document accounting treatment for new cobrand/partnership agreements, and maintain narratives/policies for cobrand/partnership processes.
  • Complete quarterly reconciliations for cobrand credit card and partnership balances, including all related MIP-66 requirements.
  • Assist with the set-up of new Chartfield strings to manage the accounting for new partnerships or cobrand agreements.
  • Champion excellence in business ethics and integrity, social responsibility, cross-cultural effectiveness, and associate engagement.
  • Perform other duties as assigned to meet business needs.


CANDIDATE PROFILE

KEY TALENTS AND EXPERIENCE
  • Minimum 5 years of accounting and/or finance experience in a global organization with increasing responsibility including complex accounting, data analysis, process management and financial modeling.
  • Familiarity of financial management tools (particularly Excel, Peoplesoft, and SmartView), methodologies, governance frameworks and processes; ability to drive process improvements and implement best practices.
  • Strong quantitative and qualitative analysis skills - ability to take large volumes of complex information and present it in a clear and concise manner appropriate for senior management decision-making; uses data and logical problem-solving methodology in decision making and impact assessment.
  • Excellent modeling skills, including the ability to design and develop complex revenue recognition calculations with strong controls and flexibility for an expanding business.
  • Results oriented; delivers results under difficult conditions and demonstrates balanced judgment under pressure. Ability to assess, plan and prioritize to complete projects at high quality levels; ability to work both independently and as part of a team.
  • Responsive; ability to integrate and balance priorities, work activities and resources for the benefit of multiple key stakeholders.
  • Strong interpersonal skills; able to maintain effective relationships with internal and external customers.
  • Communicates effectively, both orally and in writing; listens to others and effectively comprehends information; creates an environment allowing timely information flows throughout the organization.
  • Ability 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; escalates issues as appropriate.
  • Active learner: able to enhance personal, professional, and business growth through new knowledge and experiences.
  • Strong data analytics skills: Tableau and/or PowerBI experience preferred.
  • Experience in Marriott business, processes, and contracts a plus.
  • Strong knowledge of generally accepted accounting principles, policies, and controls.
  • Trustworthy with strong business integrity and ability to hold sensitive information in confidence.
  • Strong service orientation; collaborative team player.
  • Highly organized and able to handle multiple priorities.


EDUCATION AND PROFESSIONAL CERTIFICATION
  • Baccalaureate degree in accounting
  • CPA preferred


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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