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Marriott International, Inc.
Bethesda, MD | Full Time
$66k-88k (estimate)
2 Weeks Ago
Contract Administrator
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$66k-88k (estimate)
Full Time | Accommodations 2 Weeks Ago
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Marriott International, Inc. is Hiring a Contract Administrator Near Bethesda, MD

Job Number 24070025
Job Category Finance & Accounting
Location Marriott International HQ, 7750 Wisconsin Avenue, Bethesda, Maryland, United States VIEW ON MAPSchedule Full-Time
Located Remotely? N
Relocation? N
Position Type Management
JOB SUMMARY

Provide accounting and contract administration support to the Global Design and Consumer Experience business teams relating to consulting agreements and other miscellaneous types of agreements with minimal complexity and financial risk. Collaborates with internal stakeholders, including the business, Legal, and Risk Management. Manages and tracks low risk contracts, change orders and short form type agreements. 

CORE WORK ACTIVITIES Contract and Vendor Management
  • Draft and administer execution of work orders and change orders with minimal complexity and financial risk.
  • Interprets contract requirements, consultswith internal subjectmatter experts on contract terms(e.g. Business lead/Project Manager, Legal, Risk Management,) and, for low-risk transactions, drafts language to incorporate feedback into work orders or change orders.
  • Help business better understand the information outlined in the contracts. 
  • Manages issues and questions related to their relevant contracts as needed.
  • Escalate any contractual issues to minimizerisk as appropriate.
  • Initiates and manages the vendor onboarding processes for payment with external vendors and for set up within Marriott’s system. Work with the relevant stakeholders to obtain all required documentations, reviews, and approvals. 
Accounting
  • Performs and/or assists with the following types of basic tasks: analysis, auditing, research, report generation, and software integration.
  • Review, obtain business approval, and process contract payments. 
  • Ensure all contract documentation is received and logged in Marriott’s internal system.
  • Analyze pay applications and review lien waivers as required by contract.
  • Enter contract commitment and payments within accounting system to ensure timely processing.
  • Prepare timely and accurate project reporting to management.
ManagingCompliance with Contractual Terms and Conditions
  • Manages and maintains accurate and up to date contract data in the relevant tracking tools. 
  • Reviews scope changes or extensions and drafts change orders as appropriate.
  • Functions as an initial point of contact for consultant billing questions and escalated as needed.
  • Facilitates contract audits.
  • Ensures and tracks current Certificates of Insurance compliance with contract terms.
Managing Projects and Policies
  • With supervision, interprets and advises on work orders and change orders and the relevant Marriott policies.
  • Follows structured process, rules of engagement and end-to-end support for contractual issue/dispute resolution related to work orders and change orders under their responsibility. 
  • Manages the end-to-end lifecycle process from drafting through to execution, including obtaining the relevant stakeholder approvals, initiating, and preparing change requests, documenting final DocuSign or other electronic approvals and signatures.
  • Support team leader in process improvement opportunities to drive consistent tools and processes by using technology.
  • Performs other duties as appropriate. 
CANDIDATE PROFILE
  • Strong PC skills; Proficient in Microsoft Office products with advanced Microsoft Word skills. 
  • Strong interpersonal and oral/written communications skills required.
  • Must be highly organized, able to multi-task, prioritize work and meet deadlines.
  • Able to work independently.
Education and Experience

Required

  • 1-2 years’ contract management and/or accounts payable experience.
  • Undergraduate degree or equivalent experience/certifications.
Preferred
  • Paralegal credentials preferred or Contract Management Certification.
  • Ability to analyze and draft commercial and legal terms.
  • Knowledge of contracting, design industry, project management and consulting agreements, preferred. 

Marriott International is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.

Marriott International is the world’s largest hotel company, with more brands, more hotels and more opportunities for associates to grow and succeed. Be where you can do your best work,​ begin your purpose, belong to an amazing global​ team, and become the best version of you.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Accommodations

SALARY

$66k-88k (estimate)

POST DATE

05/01/2024

EXPIRATION DATE

05/10/2025

WEBSITE

marriott.com

HEADQUARTERS

LOCK HAVEN, PA

SIZE

>50,000

FOUNDED

1927

TYPE

Public

CEO

JOAN MARSHALL

REVENUE

$10B - $50B

INDUSTRY

Accommodations

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About Marriott International, Inc.

Marriott is a diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodging facilities.

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The job skills required for Contract Administrator include Analysis, Contract Management, Billing, Microsoft Office, Accounting, Commitment, etc. Having related job skills and expertise will give you an advantage when applying to be a Contract Administrator. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Contract Administrator. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Contract Administrator positions, which can be used as a reference in future career path planning. As a Contract Administrator, it can be promoted into senior positions as a Contracts Administration Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Contract Administrator. You can explore the career advancement for a Contract Administrator below and select your interested title to get hiring information.

If you are interested in becoming a Contract Administrator, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Contract Administrator for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Contract Administrator job description and responsibilities

Thus, this entails working to ensure that the terms and conditions contained within the contract are adhered to and that all of a party’s contractual obligations are met satisfactorily.

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Contract administrators should seek to extract and store key dates centrally.

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Administrators need to ensure they are able to collaborate with other teams while having a reliable approach to version control.

02/05/2022: Knoxville, TN

A contract manager may be employed to oversee the contract, and their role begins as soon as talk of a contract begins.

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Remote contract administrators often research existing and modified regulations, construct pricing exhibits, and create special contracts for customers or vendors offered a bargain.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Contract Administrator jobs

With contract repository software, fragmented approaches to administration can be eliminated and seamless data capture and storing can be achieved.

03/28/2022: Utica, NY

After the contract has been accepted and executed, there can be amendments and revisions needed as projects and tasks get underway.

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Set and measure contract management KPIs.

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Conduct regular compliance reviews.

02/06/2022: Huntsville, AL

Conduct an audit of all things contract related. Develop a formal contract management framework.

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Step 3: View the best colleges and universities for Contract Administrator.

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