OTC Analyst (Credit Control / Collections)
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 Centers of Excellence allow Finance and Accounting Team Members the chance for growth and the ability to spend more time on strategic, high value work. What will I be doing? Under the guidance of the Team Leader Corporate Collections OTC, you will be responsible for the delivery of OTC processes to the agreed timetable and Service Level Agreements. The role holder 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 efficiencies and effectiveness is considered beneficial. Essential Functions in more depth:
- Liaise with key customers and stakeholders to collect cash in line with OTC processes
- Contribute to the streamlining of processes within the function, suggesting better ways of performing tasks
- Internal and external international fee credit and collections activities ensuring targets are met on a monthly basis
- Prepare communication files for allocated customers for review by Senior Analyst and Team Leader
- Actively participate in team meetings, huddles, etc. pertinent to work assignments and other business related activities as required
- Contribute, where required, to the collation of the relevant metrics in relation to team activities and drive improvement across the business
- Assist Team Leader & management team with the coordination of information & reporting as requested including data collation for Debt Committees and Director of Franchise Support/Brand Performance Support/Owner Relation meetings
- Provide input to the Team Leader and management in evaluating the effectiveness of processes and implement actions to streamline the processes and maximise efficiency
- Review aged debt and unallocated cash, suggesting actions to ensure any aged balance is appropriately explained with corrective action taken to resolve
- Provide input to the review and monitoring of SLAs / OLAs to ensure all agreed service delivery in accordance with agreement(s).
- Work with allocations and other functions to monitor and resolve queries and escalated items, ensuring the required payment cycles are maintained
- Complete all required monthly closing activities and as instructed by Team Leader
- Pursue all external and internal fee debt both by telephone and in writing
- Provide input to discussions on issuance of Pre Default notices and Notice of Defaultss
- Perform analysis & reconciliations of customer accounts as required to resolve allocation/payment/WHT variances
- Review & reconcile payment plans for accurate compliance status where required
- Escalate large debt amounts / past due accounts to Team Leader, Corporate Collections for discussion with leadership and relevant stakeholders - Brand Performance Support/Owner Relations/Legal/Directors of Franchise Support
- Engage with other location teams to obtain input to resolve disputes within agreed SLAs and maintain resolution documentation per Hilton standards
- Work with Team Leader to identify and propose any adjustments required, providing the relevant support documentation in line with control requirements
- Ensure the privacy and security of confidential information ensuring maintenance of records and documentation in line with Hilton standards
- Contribute to the completion of special initiatives as directed by the Team Leader Corporate Collections / OTC Leaders
- Research and respond to information requests from internal departments and management
- Serve as liaison for maintaining client relationships, resolving their concerns, and escalating to leadership if necessary Self-starter with a 'can-do' approach who takes an initiative in implementing goals, comfortable operating with a cool-head under time constraints, and effectively handle concurrent demands
- Able to handle multiple demands and appropriately prioritise responsibilities
- Critical thinkers who use both quantitative and qualitative analytical skills - including the use logic and reasoning - to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
- Strong inter-personal skills and able to maintain effective working relationships with co-workers, managers and clients with well-developed written and verbal communication and comprehension skills
- Good knowledge of finance modules of an ERP system such as SAP, Oracle, PeopleSoft
- Experience in identification of process improvement, refinement and automation opportunities
- Language skills would be advantageous What are we looking for? To fulfill this role successfully, you must possess the following minimum qualifications and experience: High school/GED Collections experience and/or fluent German speaking skills Proficiency in Microsoft Excel, Word, and Outlook Willingness to support business hours of regions supported by the team if required Preferred Bachelor's degree Hilton is one of the largest and fastest growing hospitality companies in the world, with more than 7,000 properties with more than 1,000,000 rooms in 122 countries and territories. In the 100+ years since our founding, we have defined the hospitality industry and established a portfolio of more than 20 world-class brands, which are some of the most recognized hotel brands in the world. We have more than 100 million members in our award-winning customer loyalty program, Hilton Honors. What will it be like to work for Hilton? With thousands of hotels, Hilton offers countless opportunities to delight. From an open door to a welcoming smile and an exceptional experience, we offer the millions of travellers who stay with us every year a welcome they will never forget. If you appreciate the impact global travel can have on the world you may be just the person we are looking for to work as a Hilton Team Member. Because it's with Hilton where we never forget the reason we're here: to delight our guests, Team Members, and owners alike. Your benefits will include a competitive starting salary and holiday entitlement. As an employee you will become a member of the Go Hilton Team Member Travel Program, which provides reduced hotel room rates for you, your family & friends! We look forward to explaining in detail the range of excellent benefits that you would expect from a global hotel organization like Hilton.
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