Analyst, Revenue Accounting

Analyst, Revenue Accounting (EUR
015QH
) Work Locations

Hilton - Area Office - Glasgow
191 West George Street
Glasgow G2 2LD

The Analyst for Revenue Accounting will assume responsibility for delivering the day-to-day processes that will ensure smooth running of the Revenue Accounting function within Hilton’s UK Centre of Excellence. Working with the Manager & Senior Analyst Revenue Accounting supporting the delivery of the function strategy and goals surrounding the processes involved in the delivery of accurate and timely reporting for the portfolio of hotels.

Under the guidance of the Manager Revenue Accounting, the post holder will be responsible for the delivery of Revenue Accounting processes to agreed timetables and Service Level Agreements. The Analyst will ensure Hilton’s Centre of Excellence offers a seamless, efficient and customer focused experience which maximises on output without compromising the quality of service. The ability to recognise how to maximise process efficiency and effectiveness is considered essential.

The post holder will use their analytical skills to work through high volumes of data to identify items for review and correction whilst working to tight daily deadlines, using a risk-based approach. Where continuous issues arise with a process, the Analyst should propose potential solutions to management and implement, upon agreement. In addition, all tasks should be approached with a continuous improvement philosophy with the post holder expected to identify improvements and support process changes as we seek opportunities to drive efficiencies and global standardization.

Key to the success of the role will be the ability to communicate and influence at various levels, both internally and with external stakeholders. Experience in participating in projects, the ability to simultaneously manage multiple tasks and support the team to deliver to tight deadlines are considered essential elements of this role.

• Following direction and guidance from management, carry out and co-ordinate all required Revenue Accounting related tasks demonstrating a strong understanding of the end-to-end process.
• Ownership for delivery of daily tasks to meet SLAs whilst supporting & driving teamwork to ensure deadlines are met
• Perform balancing activities including, but not limited to, Conference & Events, Food & Beverage, Cash, VAT, Point of Sale system interface and other revenue transactions using mass data files where possible
• Highlight revenue related queries to Hotels taking ownership for resolution, or escalation where required.
• Reconciliation of cash postings including corrections & reporting of overs & shorts, flagging potential risks as required. Supporting our 3 rd party vendor with cash queries based on RA team postings
• Extracting & analyzing covers data (statistical) using judgement to check if volumes look reasonable, collaborating with Food & Beverage teams where required
• Ownership of cancellation fees ensuring the postings are correct between Balance Sheet / P&L based on their status, challenging any unusual, high value or aged transactions
• Completing financial tasks such as posting revenue adjustments in OA, journals to Peoplesoft and Balance Sheet Reconciliations, taking ownership for resolving any reconciling items
• Collaboration & relationship building with Hotel teams, including G, C & E, F&B, & Front Office teams to discuss any revenue posting / process issues whilst demonstrating ownership & knowledge of the subject.
• Preparation & issuance of timely reports to Hotels (per SLA), demonstrating ownership & understanding of data delivered, following the process through to completion.
• Knowledge of all policies related to Revenue Accounting processes and ensuring tasks are completed in line with policy and any concerns are raised to Management
• Reconciliation of daily VAT, taking ownership for highlighting any compliance concerns for resolution and demonstrating a strong understanding of VAT rules
• Support the Management team in evaluating the effectiveness of current processes and implementing actions to streamline the processes and maximise efficiency
• Ensure all monthly…