Job Overview:
The Senior Analyst Order to Cash (OTC) is responsible for preparing and overseeing the accounting of activity which significantly impacts the corporate financial statements, ensuring their own work & Analyst tasks are completed on time & to a high standard. The post holder will combine accounting, analytical and presentation skills to effectively and efficiently contribute to the monthly close process, as well as the ability to understand complex accounting transactions. Outputs include review of all non-US domestic Franchised & Managed contractual legal documents for financial and accounting implications, preparation of reports based on the international ageing by region and hotel type, balance sheet analysis, subledger and general ledger entries.
What you’ll do:
- Assist consolidations with all internal and external fee related queries
- Ensure SOX compliance across the high volume controls environment.
- Perform secondary review and analysis of management and franchise agreements as prepared by OTC Analysts for financial implications and apply current Accounting policies to record transactions with guidance from OTC Leadership and Technical Accounting
- Approve inputs into Asset Management system
- Promoting a continuous improvement philosophy in the team by evaluating the effectiveness of current processes and recommending and implementing actions to streamline processes and maximise efficiency
- Execute, update and maintain accounting internal control policies and procedures and prepare supporting documentation to internal audit regarding completion of control procedures.
- Provide training and financial advice to the shared service center regarding processes and accounting policies.
- Preparation and initial review of deferred asset and deferred liability rollforward schedules
- Support the relationship with the shared service center and provide support where necessary to achieve company objectives.
- Work with direct reports to set goals towards the accomplishment of departmental initiatives and personal objectives.
- Ensure departmental objectives and workload priorities are followed and achieved throughout the team, providing feedback as necessary.
- Resolve and support resolution of escalated customer queries or disputes
- Track Contingent / Key Money and ensure it is processed for payment when contractually required
- Log any SSC issues to support tracking of contractual compliance through metrics
- Perform activities in compliance with all Company policies as outlined in the global accounting policy manual.
- Liaise with Legal on all Franchise Licence Agreement/Management Agreement related issues
- Perform balance sheet reconciliations in line with company policy
- Enforce policies and procedures that will improve the overall operation and effectiveness of the department and Company.
- Provide guidance to SSC pertaining to processes including SOPs and training where required
- Ensure new Hilton processes are standardized globally across the HAFS structure
- Prepare monthly receivable call presentation packs for review by Senior Manager
- Supervise, and evaluate OTC Corporate team members, by providing direction and leadership to build and maintain an effective team
- Support Analysts / Interns personal and professional development through coaching, mentoring and training
- Provide materials to external and internal auditors and provide accurate responses to audit queries.
- Assist with the recruitment & retention of key talent within OTC
- Review the outputs of the shared service center to ensure financial accuracy and completeness
- Approve the Fee Tracker inputs used to update Billing System Manager for Franchise Fee and Program Fee billings inputs
- Prepare audit documentation as part of the annual Internal Audit process
What you’ll have:
- Experience in working in a SOX compliant controls environment
- Good knowledge of finance modules of an ERP system such as SAP, Oracle, PeopleSoft
- Strong technical accounting knowledge and a solid understanding of principles and practical application of US
- Highly proficient in MS Excel
- CIMA or ACCA part qualified
- Strong problem solving skills, including ability to effectively address any issue
in collaboration with others as appropriate; ability to proactively identify and prevent potential problems; ability to help develop problem solving skills among direct reports and other team members as appropriate. - Ability to work well under pressure and effectively handle multiple concurrent demands and appropriately prioritise responsibilities.
- Experience communicating and negotiating with all levels of management and external customers
- Ability to take initiative to identify, prioritise and implement all elements required for team to fulfill responsibilities in accordance with core strategic goals.
- GAAP and IFRS, particularly as it pertains to revenue recognition and deferred assets and liabilities
- BA/BS/Bachelor’s Degree or equivalent