Senior Analyst OTC Corporate Finance

Hilton Hotels
17 Jan 2022
14 Feb 2022
Full Time
Senior Analyst OTC Corporate Finance

Work Locations: Hilton - Regional Headquarters - Europe Maple Court, Central Park, Reeds Crescent  Watford WD24 4QQAbout Hilton
Hilton is one of the largest and fastest growing hospitality companies in the world, with more than 6,660 properties with more than 1 million rooms in 118 countries and territories. In the 100+ years since our founding, we have defined the hospitality industry and established a portfolio of 18 world-class brands, with the emergence of the Tempo brand and including our flagship Hilton Hotels & Resorts brand, which is the most recognized hotel brand in the world. We have more than 100+ million members in our award–winning customer loyalty program, Hilton Honors.

Department Overview
Our Finance team serves as a critical business partner responsible for managing all global activities related to financial performance, accounting, tax, forecasting, risk management, and asset management.  Within Finance, Hilton Accounting and Finance Services (HAFS) manages the accounting and finance functions, both on property and at corporate, allowing us to develop scalable, global processes. Under HAFS, our Centres of Excellence allow Finance and Accounting Team Members the chance for growth and the ability to spend more time on strategic, high value work.

Position Statement
The Senior Analyst Corporate OTC will work with OTC Leadership to perform accounting, reporting and analysis of various OTC processes to tight deadlines whilst maintaining compliance with the teams SOX controls. The post holder will have the ability to simultaneously manage multiple tasks and support the wider team to deliver OTC strategies and team activities on a day-to-day basis.

Key to the success of the role will be the ability to communicate and influence at various levels where the Senior Analyst will use their skills to present OTC data to stakeholders and colleagues. All tasks should be approached with a continuous improvement philosophy with the post holder expected to identify improvements and manage process changes as we seek opportunities to drive efficiencies.

Position Summary

  • Perform secondary review and analysis of management and franchise agreements as prepared by OTC analysts and apply current Accounting policies to record transactions
  • Approve the Fee Tracker inputs which is used to update BSM for franchise fee and program fee billings inputs
  • Utilize GMFAR reports to update trackers and identify non-standard terms in Franchise Agreements which decisions are then taken on for correct accounting
  • Perform secondary review of Franchise Agreement checklists and Management Agreement checklists prepared by OTC analysts as required based on SOX internal controls and action independently
  • Approve the posting of all manual revenue recognition and re-class long term to short term by journal by independently assessing which category a charge should be in
  • Approve all journals in the Asset Management system for all areas impacted by the Revenue Recognition accounting changes
  • Approve all inputs into Asset Management system
  • Analyze data to identify problems/issues and independently work with applicable departments, Hotel Accounting personnel and other Corporate Accounting team members to resolve
  • Perform/maintain queries or nVision reports for analyzing data used in month end accounting close
  • Provide answers to senior management on month end data without guidance from supervisors
  • Reconcile, analyze and interpret PiM reports, GMFAR reports, Gap reports to ensure completeness of legal agreement population
  • Independently prepare reports and answer questions from both internal and external auditors
  • Document all evidence required to comply with SOX controls that apply to assigned areas of responsibility
  • Perform SOX Control checks and enforce compliance
  • Continuously improve the control environment
  • Prepare monthly reports
  • Analyze movement on aged debt reports and independently comment on variances
  • Perform Intercompany Elimination Checks and book journals if corrections are required
  • Deal with large number of internal and external audit requests
  • Assist Shared Service Centre with all billing, cash application and helpdesk queries
  • Perform calculation and book revenue de-recognition journals
  • Produce Receivable reports and provide analytics to management
  • Find ways to improve Hilton’s cash-flow
  • Calculate and book internal and external fee income and present end result to line manager
  • Oversee the issuance of Wire Transfers prior to presenting to leadership for payment approval
  • Monitor Multi-company accounts eliminate and take corrective action if need be
  • Independently report results to others to explain and decipher findings
  • Anticipate audit and management questions and prepare answers
  • Develop and maintain constructive and cooperative working relationships with other finance departments and the corporate departments they support
  • Collaborate with manager to establish specific goals and plans to prioritize, organize and accomplish project/department goals as well as meet continuous improvement plans
  • Attend and participate in staff meetings pertinent to work assignments
  • Research and respond to information requests from internal departments and management
  • Change and improve processes to make more efficient use of time and strengthen the control environment
  • Proactive management of various excel templates ensuring strong controls in place to validate completeness and accuracy of formula to maintain integrity of data
  • Review monthly financial statement analytics prepared by the OTC analysts prior to final OTC leadership review
What are we looking for?

To fulfill this role successfully, you must possess the following minimum qualifications and experience:


Required Qualifications:
•    Minimum Education: BA/BS Bachelor's Degree or experience in lieu thereof. 
•    Work experience at the analyst level applying the principles and practical application of GAAP
•    Professional related experience
•    Proficient in MS Excel, Word and Outlook 
•    Willing to study for a professional qualification 

Preferred Qualifications:

•    Sound related experience  
•    BA/BS Bachelor's Degree in Accounting or Finance or relevent expereince in leiu thereof.
•    Hospitality industry experience 
•    Experience with PeopleSoft Accounting systems

What will it be like to work for Hilton?

Hilton is the leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For nearly a century, Hilton has offered business and leisure travelers the finest in accommodations, service, amenities and value. Hilton is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands.  Our vision “to fill the earth with the light and warmth of hospitality” unites us as a team to create remarkable hospitality experiences around the world every day.  And, our amazing Team Members are at the heart of it all!