Manager Accounting

DONNA R. BUNDY, CPA

**** ***** ***** ****** • Urbana, MD 21704

H: 301-***-**** / C: 301-***-****

abip2c@r.postjobfree.com

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PROFESSIONAL EXPERIENCE

Marriott International, Inc., Bethesda, Maryland September, 1987 – August, 2010

Operations Finance and Accounting

Vice President (2007 - 2010) / Senior Director (2004 - 2007)

Led a team which is the primary Corporate Headquarters resource for market-based (hotel and regional) finance leaders.

Responsibilities included:

• Business Planning and Operational Budgeting Led the Annual Business Plan, Budget, and Forecasting processes for all

700+ Marriott-managed full-service and select-service hotels in North America (with annual revenues of $7.9 Billion). Led

the annual budget process for over 600 Shared Service units and Regional Market Management teams in North America.

Successfully implemented an enterprise-wide Budgeting and Forecasting system and continued to serve on the post-

implementation Steering Committee, as representative for North America.

• Capital Planning Led the Global Capital Expenditure Budget process for over 1,000 Marriott-managed hotels with annual

expenditures of approximately $2.0 Billion. Evaluated, challenged and prioritized investments. Provided consultation on capital

policy and contractual terms. Determined financial impact of capital investments. Kept Executive Leadership informed of

escrow fund balances and challenges. Made strategic recommendations to senior leadership and owners. Led the annual

meeting to present Capital Budgets to the C.E.O. Evaluated and provided internal approval of off-cycle and emergency capital

expenditure requests.

• Internal Controls and Accounting Procedures Responsible for the development, communication and integration of over 100

Finance Standard Operating Procedures for Marriott, Renaissance and Ritz-Carlton hotels in North America. Successfully led

the company’s conversion to the 10th Edition of the Uniform System of Accounts for the Lodging Industry. Developed self-

assessment audit tools employed by hotel and regional finance teams and monitored audit results. Responsible for the annual

update of Sarbanes-Oxley process narratives. Led the Quarterly Balance Sheet Certification process. Partnered with Internal

Audit and Owners’ Auditors to identify risks and address systemic control issues.

• Operations Finance Support Provided consultation and support on owner and asset manager requests, asset management

issues and transactions such as contract negotiations, terminations and ownership changes, and a wide-range of existing and

evolving finance and accounting matters. Led the business integration process for new brand and company initiatives by

serving on cross-discipline teams as the operations finance representative. Served as accounting lead for brand standard

implementations such as New Bedding and LCD TVs.

• Management Reporting and Analysis Provided management reporting and analytical tools used throughout the organization

to bring focus to key indicators of business risk and opportunity and to satisfy owner reporting requirements. Contributed to

benchmarking initiatives, establishing targets that led to bottom-line improvement of over $20 million.

• Human Capital/Department Leadership Provided leadership to a team of 12 high-caliber finance professionals. Prioritized,

assigned and ensured effective execution of organizational goals. Identified skills and development needs of associates,

ensuring access to training and growth opportunities. Held team-building events and hosted Guest Speakers to highlight career

opportunities, provided ongoing feedback and mentoring. Achieved highest Associate Opinion Survey Results for Global

Finance in 2009, ten points higher than the Marriott headquarters average. Successfully managed department’s $3.0 Million

budget.

Capital Accounting and Administration

Senior Director (2001 - 2004) / Director (1997 - 2001) / Senior Manager (1995 - 1997)

• Directed a team on all aspects of Global Capital budgeting, forecasting, reporting, analysis and accounting

• Led development and implementation of CAPTEN, Marriott’s Global Capital Budgeting System

DONNA R. BUNDY, CPA Page 2

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Capital Accounting and Administration (continued)

• Established and implemented accounting procedures and technology solutions to ensure GAAP compliance

• Led the change management activities related to a major owner negotiation involving significant contract revisions

• Provided information and analytical support for hotel dispositions, terminations, contract drafts, refinancings, litigation, and

brand initiatives such as Courtyard Reinvention, Residence Inn Refresh and Marriott Product Reinvestment

• Designed and delivered presentations and training to Regional VPs of Finance and Engineering, Hotel General Managers and

Directors of Finance and Headquarters Support Teams

• Responsible for the Accounts Receivable, Billing and Collection of owner-funded capital expenditures in excess of $30 Million

annually

• Created and managed a centralized Accounts Payable service center for select-service capital expenditures

Marriott Hotels, Resorts and Suites Division Financial Analysis

Senior Financial Analyst (1992 - 1995) / Financial Analyst (1991 - 1992)

• Performed post-audit analyses of new hotels' financial performance versus pre-opening pro formas

• Provided financial analysis in support of Marriott’s Business Strategy and Long Range Planning processes

• Analyzed financial data to develop pro forma assumptions used in the valuation of new hotel acquisitions

• Prepared and/or reviewed business cases and return on investment analyses of proposed discretionary capital improvements

• Prepared analyses and forecasts in support of the Marriott/Host Marriott spin-off in 1993

Corporate Internal Audit

Senior Auditor (1990 - 1991) / Staff Auditor (1989 - 1990)

• Conducted on-site international and domestic hotel financial and operational audits, fraud investigations, and consultations and

presented results/recommendations to management

• Conducted audits of corporate level functions

• Developed audit programs, including analytical reviews aimed at risk assessment

• Created audit approaches for fraud investigations and litigation support

• Supervised teams of up to four professional staff auditors

• Prepared and delivered Corporate Accounting training seminars

• Prepared financial statements presented in conjunction with the company’s disposition of the Roy Rogers restaurant chain

Corporate Accounting - Balance Sheet Reporting

Senior Accountant (1988 - 1989) / Staff Accountant (1987 - 1988)

• Responsible for consolidation of the externally reported Corporate Balance Sheet and Statement of Cash Flows

• Reconciled shareholders equity, treasury stock activity, equity investments, and profit sharing

• Developed spreadsheet model for calculating stock option effects on fully diluted earnings per share

• Prepared financial analyses and explanations for presentation to the C.E.O. each month

• Authored footnotes for Marriott’s Annual Report

• Converted newly acquired subsidiaries' financial data into the company’s General Ledger

PROFESSIONAL CERTIFICATION

Certified Public Accountant

Licensed in the State of Maryland since 1990

EDUCATION

University of Maryland Robert H. Smith School of Business College Park, MD

Master of Business Administration

Bachelor of Science, Accounting

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