Assistant Manager of Accounting - Financial Contract Compliance

About the position The Assistant Manager of Accounting - Financial Contract Compliance (FCC) 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 position is integral to the FCC team, which collaborates with various stakeholders, including corporate departments, continent leadership, regional teams, and legal, to support corporate processes across all brands and regions. The Assistant Manager will be responsible for 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. This role involves assisting with all aspects of revenue recognition and validation in accordance with contractual agreements, US GAAP, and Marriott's accounting policies. In this position, the Assistant Manager will execute the monthly close process to ensure that revenue results are calculated and reflected accurately. This includes performing month-end close processes, analyzing revenue results, and researching variances to understand the underlying business drivers. The Assistant Manager will also execute all monthly and annual revenue planning activities, ensuring that revenue projections accurately reflect Marriott's forecasted revenue. Additionally, the role involves analyzing and reporting on significant revenue fluctuations during close and forecast cycles, implementing and maintaining standard processes for accurate revenue recognition, and coordinating balance sheet account reconciliations. The Assistant Manager will review contractual agreements to understand revenue recognition requirements and develop expertise in revenue reporting for properties within Marriott's growing portfolio. This position requires strong collaboration with Continent Finance, Legal, and Owner Relations teams to ensure compliance with executed agreements. The Assistant Manager will also participate in Global Finance initiatives, support audit-related requests, and assist in identifying system enhancements to improve the effectiveness and efficiency of close and forecast cycles. Overall, this role is essential for maintaining compliance and accuracy in financial reporting within a dynamic multi-currency, multi-entity environment. Responsibilities • Execute MI's monthly close process to ensure accurate revenue calculations in accordance with contracts and US GAAP. , • Perform month-end close processes, including analyzing revenue results and researching variances. , • Execute all monthly and annual revenue planning activities to ensure accurate revenue projections. , • Support preparation of revenue scenario analyses for long-range plans, business plans, budgets, and monthly forecasts. , • Analyze and report on significant revenue fluctuations during close and forecast cycles. , • Implement and maintain standard processes for accurate revenue recognition in a multi-currency, multi-entity environment. , • Research and document unique accounting treatments in coordination with Global Finance Centers of Expertise. , • Coordinate tracking and reconciliation of identified provisions to sustain compliance with contracts and accounting policies. , • Coordinate balance sheet account reconciliations and ensure accuracy and proper support. , • Support audit-related requests and questions. , • Review contractual agreements to understand revenue recognition requirements. , • Develop knowledge in revenue reporting requirements for properties within MI's portfolio. , • Ensure compliance with executed agreements on property and pooled bases. , • Partner with Continent Finance, Legal, and Owner Relations teams on property-level agreements. , • Establish strong working relationships with corporate disciplines and regional offices. , • Participate in Global Finance initiatives and support the implementation of an automated contract engine. , • Assist in identifying system enhancements for close and forecast cycles. Requirements • 4+ years of relevant finance/accounting experience or 3 years of relevant experience plus a M.S. Degree in Accounting, Finance or related. , • Strong understanding of accounting processes and systems. , • Experience in lodging/hospitality industry and contracts/legal agreements strongly preferred. , • B.S. Degree in Accounting, Finance or related discipline required. , • CPA or advanced degree preferred. , • Strong financial acumen with proven analytical and problem-solving skills. , • Strong technical accounting skills; understanding of Generally Accepted Accounting Principles and related controls. , • Ability to translate complex contract provisions into Excel and system-based formulas. , • Broad understanding of accounting and the correlation of operating Financial Statements. , • Strong organizational skills and effectiveness in prioritizing and managing multiple priorities. , • Strong attention to detail and accuracy while maintaining the 'big' picture. , • Ability to influence others and function effectively in a collaborative work environment. , • Able to work independently, but effectively in a team environment. , • Strong interpersonal skills with a 'win-win' negotiating style. , • Ability to embrace continuous process improvement and adjust to transformative process and system changes. , • Strong verbal and written communication skills. , • Motivated team player. , • Proficient in Microsoft Office applications; advanced Excel skills a strong plus. , • Previous PeopleSoft and/or SmartView experience preferred. Nice-to-haves • Experience in the hospitality industry , • Advanced Excel skills , • Previous experience with PeopleSoft and/or SmartView Benefits • Medical insurance , • Dental insurance , • Vision insurance , • Health care flexible spending account , • Dependent care flexible spending account , • Life insurance , • Disability insurance , • Accident insurance , • Adoption expense reimbursements , • Paid parental leave , • Educational assistance , • 401(k) plan , • Stock purchase plan , • Discounts at Marriott properties , • Commuter benefits , • Employee assistance plan , • Childcare discounts Apply Job!