Hilton Hotels UK Limited

Finance Intern - 12 Months – July 2023 - Glasgow

Location
Glasgow, Glasgow City (GB)
Salary
Competitive remuneration package
Posted
08 Nov 2022
Closes
08 Dec 2022
Approved employers
Approved employer
Contract type
Contract
Hours
Full time
Experience level
Entry level, Internship

JOB DESCRIPTION

Start Date: July 2023

Duration: 12 Months

Location: Glasgow Area Office

 

We are looking for four high-calibre undergraduate students to join our Finance department on a 12 month placement. 

 

What is it like working for Hilton?

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 in our more than 100-year history. Hilton is 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 programs and benefits such as workplace flexibility, career growth and development, and our Go Hilton Team Member Travel discount program. Hilton prioritizes 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!

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 his or her role, and to receive other benefits and privileges of employment. Please contact us to request accommodation

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) 

 

 

Hilton Work Perks

In addition to a competitive salary you will also receive a range of excellent benefits - probably the best of which is our Go Hilton Team Member Travel Program. This provides you with access to heavily reduced hotel room rates for you, your family & friends. Perfect for the holiday savvy intern!

 

 

A bit about the job(s)

As an intern, you will be an integral part of the team and will play an active role in our continued success. You will carry out a range of administrative/support activities, as well as having ownership of your own project based initiatives. 

 

You will be asked to select your top three choices of Finance Internship in order of preference, so here’s a bit about what each team does;

 

PTP (Procure to Pay)

 

The PTP team are responsible for ensuring correct expenditure accounting within Hilton by supporting the efficient operation of, processing and payment of over 450,000 transactions each year (translating to roughly half a billion pounds!). Sometimes referred to externally as Accounts Payable, the PTP team ensure that all payment 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  

 

Hotel Accounting

 

The Hotel Accounting team acts as a custodian for the monthly management accounts of approximately 60 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) 

The UK Corporate OTC team is responsible for accounting for Hilton’s international fee revenue and receivables from all our international Managed and Franchised hotels, from the development of a hotel, during its operating term, through to termination or expiry of the contract. As an intern, you will support the team with first reviews of all legal documents for financial implications, recording of journal transactions, preparation of standard monthly and ad-hoc reporting and monthly analysis of movements across fee revenue and receivables accounts. As a team, there are multiple deadlines to be met and you will be required to effectively prioritise and organise multiple tasks that enable the team to meet those deadlines. 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.

 

HTR (from Hire to Retire)

 

The HTR team is responsible for all payroll activities for approximately 10,000 Team Members across 54 leased and managed Hilton properties. The department is an extremely busy one and there are various monthly and annual payroll deadlines that must be met, in addition to the monthly company financial deadlines to ensure compliance. 

There is plenty of scope to learn about UK payroll legislation and payroll accounting processes. In addition to supporting the HTR team with a major systems transition project, your day to day tasks would include; payroll accounting and reconciliations, general ledger postings from each payroll cycle, compliance and benefit reporting to HMRC, balance sheet reconciliations, GL journal entry processing, processing transactions and completion of monthly SOX controls.

 

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

 

 

So what next?

If you would like to be considered for this internship, please ensure that you submit your application (in English) as soon as possible. Please bear with us whilst we process your application as we receive a lot of interest and we want to ensure that each applicant is given the consideration that they deserve. 

You’ll be contacted via email by our Graduate Recruitment Team who will inform you of the outcome and (if applicable) next steps. If your application is taken forward, you will be asked to complete a series of online assessments and a video interview. A final assessment centre will then be held, the date for this will be announced closer to the time.

 

Beyond the Internship

 

Whilst we are not always able to guarantee an offer of employment at the end of your studies, we like to keep in touch with our intern community and many have successfully re-joined Hilton upon completion of their degree. Many of our former Finance Interns are either in the process of completing their CIMA or ACCA qualifications with us or have qualified and are currently operating in Manager level positions within various areas of our Finance Department.

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