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Analyst, General Accounting - Watford, United Kingdom - Hilton
Description
About Hilton
Hilton is a key player in the global hospitality industry, with a vast presence across 122 countries and territories. Over the past century, Hilton has reshaped hospitality, offering a diverse range of 19 renowned brands. At the core of its operations is the Hilton Hotels & Resorts brand, renowned as the most iconic in the hotel industry. The loyalty program, Hilton Honors, boasts over 100 million members, affirming Hilton's commitment to customer satisfaction.
Position Statement:
The Analyst Corporate Accounting collaborates closely with the Manager Corporate Accounting, overseeing crucial accounting processes that directly impact the company's financial health. This role demands a blend of accounting expertise, analytical prowess, and presentation skills to streamline the monthly close process and navigate intricate accounting transactions.
Responsibilities include conducting balance sheet and P&L analyses, managing intercompany loan activities, and handling general ledger entries
Position Summary:
Reporting to the Manager Corporate Accounting, the Analyst will be pivotal in devising and executing strategies to enhance Hilton's Center of Excellence, ensuring a seamless, efficient, and customer-centric approach that optimizes productivity without compromising quality. This role plays a central part in driving successful change initiatives.
Effective communication and influence across all organizational levels, internal and external stakeholder engagement, as well as adept multitasking and meeting tight deadlines, constitute essential attributes of this position.
Essential Functions:
Directing Activities
• Conducting variance analysis, evaluating business performance, fulfilling ad-hoc reporting requests, and proposing actions to align with Hilton's financial objectives.
• Collaborating with third-party service providers to ensure comprehensive data compilation for accurate accounting conclusions and disclosures.
• Managing monthly closure, ledger maintenance, and cost accounting.
• Executing critical closing journal entries and overseeing reports/projects to ensure GAAP compliance.
• Supporting/accomplishing accounting accruals, including bonus accruals, operating/non-operating expense accruals.
• Analyzing accounting data in Hyperion Financial Management, identifying variances, and proposing necessary steps.
• Addressing key accounting issues for senior management review, minimizing company risk, ensuring proper accounting treatment.
• Collaborating with Senior Management on analysis, budgeting, forecasting efforts, and cost center reporting.
• Handling audit inquiries.
• Managing Asset Management Accounting and system operations.
• Performing RSP Accounting.
• Executing Intercompany Accounting.
• Calculating Net Profit.
• Managing Treasury Statements.
• Reconciling Balance Sheets.
• Reporting Corporate Costs.
• Processing Purchase accounting entries.
• Managing Minimum Guarantees.
• Overseeing Key Money operations.
• Handling Development Bonus tasks.
• Performing Analytics.
• Assisting with STAT accounts and Tax queries.
• Conducting Gross Up Calculations.
• Managing Fund accounting.
• Overseeing Deferred Charges accounting.
• Administering Blackline and Code Block.
• Enforcing work policies, ensuring compliance with standards and SOX requirements.
• Reporting findings to stakeholders, fostering constructive relationships across finance and corporate departments.
What are we looking for?
The ideal candidate should demonstrate the following competencies and meet the essential job requirements.
Required:
• Exemplary critical thinking, quantitative/qualitative analytical skills, with a logical approach to problem-solving.
• Sound judgment, decision-making abilities, weighing costs and benefits for optimal solutions.
• Strong written and verbal communication skills.
• Track record in implementing process enhancements.
• Ability to thrive under pressure, manage multiple tasks efficiently, and prioritize effectively.
• Proficient in MS Excel, Word, and Outlook, adaptable to new programs.
• Relevant analytical work experience.
• Proficiency in PeopleSoft & Blackline.
• Bachelor's Degree in Accounting and Finance or equivalent experience.
• Pursuing or open to pursuing professional accounting certification.
Preferred:
It would be beneficial for candidates to showcase the following:
• Relevant accounting analytical experience.
• Background in the hospitality sector.
• Familiarity with GAAP principles and applications.
• Proficiency in PeopleSoft, journal preparation, and Blackline experience.
Hilton leads the global hospitality market, offering a wide range of lodging options from luxury hotels to mid-priced accommodations. For nearly a century, Hilton has been synonymous with top-notch hospitality, catering to business and leisure travelers with exceptional service, amenities, and value. Committed to delivering outstanding guest experiences worldwide, Hilton's vision is to spread warmth and light through hospitality, driving its team members to create memorable stays every day.
