Marriott International - Bismarck, ND
posted about 2 months ago
The Financial Contract Compliance (FCC) department at Marriott International plays a crucial role in ensuring that financial contractual responsibilities are executed accurately and that financial results are recorded in compliance with US GAAP. This department collaborates with various stakeholders, including corporate departments, continent leadership, regional teams, and legal, to support corporate processes in partnership with continent organizations worldwide across all brands. The Assistant Manager of Accounting will be an integral part of the FCC team, focusing on the accurate and timely accounting, forecasting, and analysis of Marriott's global revenues, which stem from management and franchise fees, as well as programs and services. In this role, the Assistant Manager will assist with all aspects of revenue recognition and validation in accordance with contractual agreements, US GAAP, and Marriott's accounting policies. This includes supporting the proper recognition and projection of revenues in collaboration with Continent Finance, Regional Offices, Financial Reporting & Analysis, Accounting Policy, and Accenture Hospitality Services (AHS). The Assistant Manager will also work closely with other Global Finance Centers of Expertise and Finance Business Partners to achieve business objectives. The expected contributions of the Assistant Manager include executing the monthly close process to ensure accurate revenue calculations, performing month-end close activities, analyzing revenue results, and researching variances to understand underlying business drivers. The role also involves executing revenue planning activities, analyzing significant revenue fluctuations, and maintaining standard processes for revenue recognition in a dynamic multi-currency, multi-entity environment. Additionally, the Assistant Manager will coordinate balance sheet account reconciliations, support audit-related requests, and develop knowledge in revenue reporting requirements for properties within Marriott's growing portfolio. The Assistant Manager will also be responsible for reviewing contractual agreements to understand revenue recognition requirements, partnering with various teams on property-level agreements, and establishing strong working relationships with corporate disciplines and regional offices. The role emphasizes providing excellent customer service to both internal and external stakeholders, ensuring compliance with executed agreements, and participating in Global Finance initiatives to improve processes and reporting.