Marriott Business Services Work Values

Daily Duties at Marriott Business Services:

Senior Manager, Banking & Cash Management (2010 - 2014) • Oversaw all activities that relate to the Banking & Cash Management/Treasury process for 800+ hotel properties. These activities include managing the cash balance sheet accounts, journal entries and general ledger activity associated with them. It also includes discrepancy resolution for any out of balances between the general ledger and the bank account. • Developed and implemented strategies to enhance cash flow and overall cash management for 800+ hotel’s Marriott Business Services’ cash position which is made up of their A/R receipts less A/P disbursements. These efforts led to a reduction in staff. • Developed investment strategy and managed investments of over $130 million and was able to negotiate fee reductions with Marriott’s 20+ preferred banks which generated a cost savings of approximately $200K. • Recruited, trained and evaluated staff of 7+ employees. • As the department manager/process owner of Banking & Cash Management, prepared the department’s annual budget and monitored and analyzed the monthly operating results against forecast and budget. • Developed strong collaborative relationships with outside vendors, peers and leaders in the Marriott organization. Senior Manager and Manager of MI General Accounting (2007 - 2010) • Reviewed and approved month end close process for the balance sheet accounts of Marriott Business Services which consolidates with Marriott International, who has annual revenues of $1.5 billion, to ensure accounting procedures conform to GAAP. • Managed balance sheet, general ledger, journal entries, account reconciliations and billing for the 750+ balance sheet accounts under the responsibility of Marriott Business Services (hotel property accounts). • Reviewed and approved internal financial reporting for 750+ balance sheet accounts under the responsibility of Marriott Business Services including Balance Sheet, general ledger, account reconciliations and discrepancy resolution. • Recruited, trained and evaluated staff of 30+ employees. • Planned and successfully executed transitioning new balance sheet, general ledger, account reconciliations and discrepancy resolution work (approximately 500+ new balance sheet accounts) from Marriott International Headquarters to Marriott Business Services. • Identified and implemented new department goals, objectives and policies to improve the work processes which resulted in reduction of staff. Established Key Performance Indicators and metrics to monitor and analyze results to identify areas of success and areas that needed improvement. • Ability to facilitate groups meeting and training and was a member of the Leadership Team and a leader of an organizational process team which only key leaders at Marriott Business Services participated in. • Directed the internal and external financial audit processes (SOX and SAS70/SSAE-16) and provided recommendations for procedural improvements.

What they like about Marriott Business Services:

The social vibrance of a hiring firm is very important to you. Your ability to make and maintain friendships there is a critical part of your decision. You would likely be dissatisfied with a workplace that is quiet, cold, or otherwise not particularly social. When you investigate a new hiring company, ask recruiters, managers, and potential co-workers about the social life and opportunities there. This is especially important when you are relocating; moving dramatically alters your social sphere both inside and outside the workplace.

Tags

Balance Sheet, Income Statement, General Ledger, Journal Entries, Financial Statements Analysis, Account Reconciliations, Cash Managment, Billing, A/R, A/P, Cost Acounting, Variance Analysis, Budgeting, GAAP, SOX, Financial Audits, Tax Returns

Skills

Balance Sheet Prepartion, Review and Approval, P&L Preparation, Review and Approval, General Ledger Review and Approval, Account Reconciliations Prepartion, Review and Approval, Journal Entries Preparation, Review and Approval, Financial Statement Analysis, Cash Management and Treasury Functions, Billing Preparation, Review and Approval, A/R Functions, A/P Functions, Cost Accounting Preparation, Review and Approval, Variance Analysis, Budgeting, GAAP Compliance, SOX and SSAE-16 Compliance, Financial Audits, Tax Return Preparation, Review and Approval

These are some of the questions we asked our climbers about their experiences with Marriott Business Services: