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About Hilton

Hilton is one of the largest and fastest growing hospitality companies in the world, with more than 5,980 properties with more than 950,000 rooms in 117 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.

Position Statement

The Intern for US Cash will assume responsibility for delivering the day-to-day processes that will ensure smooth running of the Treasury Accounting function within Hilton's UK Centre of Excellence. Working with the Managers & the Treasury Accounting team to support the delivery of the function strategy and goals surrounding the processes involved in the delivery of accurate and timely reporting for c. 250 hotels.

Position Summary

Under the guidance of the Manager, US Banking, the post holder will be responsible for the delivery of the Treasury Accounting processes to agreed timetables and Service Level Agreements. The Intern 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 Intern will work with the team to support the delivery of change programmes, which will involve maximising the benefits available to a best-in-class service.

The post holder will participate and play a part in engendering a sense of empowerment in the pursuit of first class service, supporting the delivery of Treasury Accounting strategies and team activities on a day-to-day basis. This will require meticulous attention to detail, and the ability to understand and interpret business metrics within the Banking arena and make recommendations where appropriate. They will also support the review of Treasury Accounting Service Level Agreements (SLA's), assisting with the refinement and ongoing monitoring of these to ensure that agreed service delivery metrics are met or exceeded.

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 and the ability to simultaneously manage multiple tasks and deliver to tight deadlines are considered essential elements of this role.

Essential Functions

Organising Activities

• Following direction and guidance from management, carry out and co-ordinate all required Banking related tasks. Completing in a timely and efficient manner whilst working toward the successful achievement of goals and KPIs
• Identify and implement process improvements where necessary, after discussion and agreement with management.
• Demonstrate a strong understanding of the end-to-end processes in all areas of US Banking responsibility, supporting the confident delivery of solutions and responses to questions and queries

Controlling & Co-ordinating Activities

• Working with the team, co-ordinate all day to day activities ensuring the successful and timely delivery of all Hotel Accounting activities
• Provide input to the delivery of the relevant metrics to support the team activities and drive improvement across the business;
• Support the Manager in the production of relevant and timely Management Information
• Provide guidance and support to the business on operating best practice
• Support the Manager in evaluating the effectiveness of current processes and implementing actions to streamline the processes and maximise efficiency
• Ensure all monthly closing and reporting activities are carried out as per guidelines and deadlines
• Deliver the balance sheet reconciliation processes, ensuring unreconciled items are cleared immediately and any ageing is appropriately explained.

Administrative Activities

• Perform the US Banking processes, ensuring consistency and controls are adhered to
• Perform daily reconciliation of all bank accounts within the team's remit, in accordance with the defined and agreed processes
• Investigate and resolve any reconciling items within the prescribed timeframes
• Review and suggest amendments to auto-match rules
• Administer compliance duties and the set-up and maintenance of internal controls and SOX compliance, ensuring adherence is always achieved.
• Support internal and external audits for hotels and internal corporate departments by coordinating documentation collection, review of items collected (including from the outsourcing provider) and answering auditor requests.
• Complete hotel transitions checklist
• Report results to others to explain and decipher findings
• Take on board any work within the parameters of Treasury Accounting policy and procedures updates communicated
• Complete tasks in compliance with required SOX controls, with peer reviews in place to test controls within the team. Highlight to Manager any potential issues in advance with recommendations for changes to controls where required
• Research and respond to information requests from internal departments and management

Organising Activities

• Following direction and guidance from management, carry out and co-ordinate all required Banking related tasks. Completing in a timely and efficient manner whilst working toward the successful achievement of goals and KPIs.
• Identify and implement process improvements where necessary, after discussion and agreement with management.
• Demonstrate a strong understanding of the end to end processes in all areas of US Banking responsibility, supporting the confident delivery of solutions and responses to questions and queries

Support Activities

• Support other functions in the provision of data and reports as requested.
• Support the various Hilton audit programmes and provide the necessary information in a timely manner to ensure effective closure of requests.
• Support the business in pre-opening activities, devising a checklist process to support the team's deliverables.

Supportive Functions:In addition to the performance of the essential functions, this position may be required to perform a combination of the following supportive functions, with the percentage of time performing each function to be solely determined by the Director based upon the particular requirements of the company.

• Provide support to the Centre of Excellence Management team as required.
• Support the wider organisation to ensure that their objectives are successfully delivered
• Effectively represent the Centre of Excellence operation within the wider Hilton organisation and externally.

What are we looking for?As with any job, we do have certain criteria that you will need to meet in order to be considered for one of these highly sought after opportunities. These are detailed as follows;

• Must be in your second year of undergraduate study at the point of application.
• Must be available to start in July 2023, for the full 12 months.
• Must be eligible to work in the UK. If you are a non-UK national, without EU Settled or Pre-Settled Status then you will need to be studying at a UK university in order to be eligible to undertake a placement here.
• You should be able to demonstrate a genuine interest in Finance
• Able to demonstrate a high level of numerical and analytical capability
• First and foremost, Hilton are a hospitality company and we are looking for individuals with a strong sense of alignment to our culture and values