Manager, Loyalty Reporting & Analysis; Cobrand

Manager, Cobrand Accounting and Reporting

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 include:

• 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.

Key talents and experience include:

• Minimum 5 years of accounting and/or finance…