Finance Placement - Glasgow

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Finance Placement - Glasgow

We are thrilled to share that we are looking for seven high-calibre bachelor's or master's students to join our Finance department on a 12-month placement at our vibrant Glasgow office. 

From day one, our placement students are fully integrated into Team Hilton. Our placements offer vast exposure and opportunities, such as networking with senior executives, involvement in regional conferences and for some, international travel.  

Based in our Glasgow Corporate Office, you will benefit from our social area, including a table tennis and pool table. We’re a five-minute walk from Central & Queen Street Train Stations, and Buchanan Street Subway and only metres from several bus stops. 

Within the EMEA Corporate offices, you will be part of a cohort of 40+ Interns, working across various corporate teams and involved in our leading Intern programme. This includes regular connect meetings, short assignments and feedback sessions designed to support your development. 

The Opportunities

We have seven placements available across seven different sub-teams of the Finance team. If successful you will be offered a 12-month placement in one of the below teams. Here’s an overview about what each team does: 

Hotel Accounting Placement: 

The Hotel Accounting team acts as a custodian for the monthly management accounts of approximately 50 leased, owned, and managed Hilton hotels across the UK & Ireland and is the owner of the hotels’ Profit & Loss and Balance Sheets. This involves calculating and posting all required journals at month end and completing balance sheet reconciliations. 

As an Intern, you will be involved in; banking setup and administration, responding to audit queries including SOX (internal and external), hotel additions and disposals and various continuous improvement initiatives. 

Order-To-Cash (OTC) Placement: 

The UK OTC team based in Glasgow are responsible for accounts receivable & collection activities across multiple regions. The deliverables within the team range from reviewing customer credit applications and billing activities to the collection of debt and allocation of cash received from customers. Collections are performed on behalf of our UK & Ireland managed hotels and involve working closely with internal stakeholders as well as our end customers who include travel agencies & large organisations holding events in our properties. The team are also responsible for the collection of franchise fees globally; US Domestic, Caribbean & Latin American, Asia Pacific & Europe Middle East & Africa. We work to targets within each monthly accounting period and are also responsible for holding monthly collections calls, and regional Debt Committee to discuss performance and next steps with senior stakeholders across the business. This role provides the opportunity to be part of an accounting function at a publicly traded global corporation and experience the volume and complexities it brings. 

Process-to-Pay (PTP) Placement: 

The PTP Team are responsible for ensuring correct expenditure accounting within Hilton by leading the efficient operation of processing and paying over 800,000 US and UK invoice transactions each year (translating to roughly half a billion US dollars!). Sometimes referred to externally as Accounts Payable, the PTP Team ensure that all Process to Pay processes are managed and measured with a ‘first time right’ mentality and are constantly looking for new ways to optimise delivery within their area of expenditure control. 

As an Intern, you will support across the entire lifecycle of purchase expense management, ensuring that payment performance is optimised, financial controls are complied with, and performance metric targets are achieved: all right first time. 

Corporate Accounting Placement: 

This team is responsible for carrying out compliance checks on Owned VAT return and Managed VAT calculations. Challenging teams and ensuring correct VAT has been booked. Following transactions from the VAT accounts to the source documents. In addition, a number of intercompany, analytical and reconciliation tasks will be completed. 

As an intern in this team, you will combine accounting, analytical and organisational skills to effectively and efficiently contribute to the completion of quarterly VAT calculations. You will support the Manager and Senior Analyst of Corporate accounting team with Blackline admin tasks, GL close process, posting journals, UK Managed VAT calculations and balance sheet reconciliation. Additionally, you will be involved in performing and undertaking various other activities to support Hilton’s Corporate Accounting team. 

Revenue Accounting Placement: 

Our Revenue Accounting team is responsible for managing hotel revenue and cash processes, completing daily audits, and reporting for around 45 UK & Ireland hotels. This includes the review of Rooms Revenue, Conference & Events, Food & Beverage, and other miscellaneous revenue streams. The team also perform analytical reviews of our routing pack (“Risk”) details and report findings directly to the Hotel General Manager. We are passionate about innovation and process transformation, with automation playing a key role in our daily operations. 

As an intern you’ll be at the heart of our operation, completing daily audits, VAT reconciliations, and ensuring compliance with revenue recognition standards and Hilton policies. You’ll also gain hands-on experience of preparing journal entries, balance sheet reconciliations, participating in audit queries (internal & external) and driving continuous improvement initiatives. 

US Banking Placement: 

The US Banking Team forms part of the Global Treasury Accounting team and supports our US hotels by reconciling all credit card, cash and voucher payments on a daily basis. The team supports in excess of 1,000 individual General Ledger accounts covering over 250 hotels located in the US, Caribbean and Canada. The role provides the Intern with a detailed understanding of all systems in place at Hilton and how they interact with each other. 

As an intern, you will be involved in the daily reconciliation of revenue journals to payments, hotel transitions, system enhancements, balance sheet reconciliations and continuous improvement initiatives. 

Record to Report (RTR) Placement: 

The Record to Report (RTR) Capital & Lease Accounting team located in Watford and Glasgow is responsible for the accounting activity which significantly impacts the Hotel & Corporate balance sheet and P&L, by combining accounting, analytical and presentation skills to effectively contribute to the close process. 

As an intern, you will support the team with the monthly close process by performing invoice reviews, variance analysis, ad-hoc reporting requests as well as support the coordination with third party service providers, Hotel Finance staff and other cross functional teams within Hilton. You will be required to simultaneously manage multiple tasks and deliver to tight deadlines working together with the team. 

Why choose us? 

Embarking on our year in industry programme is a transformative journey, encompassing a structured framework of learning and development activities. Here's what you can look forward to:  

• Learning and Development: Interns have access to Hilton University to enhance their skills and contribute meaningfully to ongoing projects.  
• Networking: Our interns can connect with professionals across the business, paving the way for valuable relationships.  
• Feedback and Growth: Regular evaluations and feedback sessions will ensure our interns receive guidance and an opportunity to continually improve.  
• Cross-Exposure: Opportunity to gain insight into another function.  
• Hilton Perks: Including our Go Hilton TM Travel Program, which provides you with access to heavily reduced hotel room rates for you, your family & friends.  
• Salary & Benefits: £24,000 Gross PA & private healthcare.

What are we looking for? 

• First and foremost, Hilton is a hospitality company, and we are looking for individuals with a strong sense of alignment to our culture and values. 
• Must be a current Bachelor’s or master's student with a required 12-month year in industry placement as part of your degree.  
• Must be studying a degree with a year in industry within the following disciplines Accounting, Finance, Business, Economics, or other equivalent. 
• Must be able to start on the 7th of July 2025, to work full-time for a 12-month duration.  
• 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 to be eligible to undertake a placement here.  
• Must be fluent in English (speaking, reading and writing). 
• You should be able to demonstrate a genuine interest in Finance. 
• Able to demonstrate a high level of numerical and analytical capability. 

What it’s like working at Hilton? 

Hilton is one of the world's largest and fastest-growing hospitality companies, with 24 distinct brands and over 8,000 locations. 

We have recently been ranked by our employees as #1 World's Best Workplace awarded by Great Place to Work & Fortune.  

We value and celebrate our team members diversities and individualism and foster a culture of belonging across our organisation. Joining Hilton will give you the opportunity to contribute to our rich culture and give back to the community. Our Team Member Resource Groups in UK focus on Abilities, Generations, Pride, Women’s and Ethnic representation. You can find details on our Culture page.  

We are an equal opportunity employer and value diversity at our company. We will ensure that qualified individuals with protected disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions of the role. Please contact us to request accommodation.  

Selection Process 

Please apply now, applications close on Sunday 3rd November 2024. We receive a volume of applications, therefore please bear with us whilst we process your application as we want to ensure that each applicant is given the consideration that they deserve.  

If successful in your application, you may be invited to complete a digital one-way video interview, an online assessment, and an assessment centre on Tuesday the 26th of November. This process will allow us to learn more about you and whether this placement might be a great fit! So please do look out for our email updates and we encourage you to complete each next step as soon as possible. The EMEA Graduate Recruitment Team will then contact you and inform you of your outcome.  

Good luck, we are looking forward to meeting you! 

About Hilton

BREAKING NEWS!! Hilton is proud to have just been voted #1 World’s Best Workplace!!!

The future of hospitality is bright at Hilton: a leading global hospitality company with a diverse portfolio of world-class brands. Dedicated to filling the earth with the light and warmth of hospitality, we have welcomed more than 3 billion guests for over a century. At Hilton we are proud to have an award-winning workplace culture, and we are consistently named among one of the World’s Best Workplaces. 

We support the mental and physical wellbeing of all Team Members, so they can thrive, thanks to innovative programmes and benefits such as workplace flexibility, career growth and development, and our Go Hilton Team Member Travel discount program. We at Hilton prioritise understanding and integrating our Team Members’ unique perspectives and voices, along with those of our Guests, Owners, Suppliers and Partners, to cultivate a diverse and inclusive environment for all. Check out the Hilton Careers blog and Instagram to learn more about what it’s like to be on Team Hilton! 

Our various 12-month placements aim to give talented students who have an interest in and a passion for hospitality a kick start to their career whilst also completing their undergraduate studies. From day one, our placement students are fully integrated into Team Hilton. Our placements offer vast exposure and opportunities, such as networking with senior executives, involvement in regional conferences and for some, international travel. 

We are an equal-opportunity employer and value diversity at our company. We are consistently endorsed by our employees as a Great Place to Work in all of the countries in which we operate, and for the last five years we have been voted by UK students as the most popular Graduate Recruiter in the Hospitality, Leisure and Tourism sector (TargetJobs Awards 2021). 

How to apply

To apply for this role and to find out more, please click on the apply button.

Please note that applications may close before the application deadline, so apply early to avoid disappointment.

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