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Finance Executive - Accounts Payable

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Hilton

1mo ago

  • Job
    Full-time
    Mid & Senior Level
  • Hospitality & Retail
    Accounting & Tax
  • Hyderabad, +1

AI generated summary

  • You need a degree in Finance/Accounting, 4-6 years of experience, attention to detail, good communication skills, flexibility, proficiency in English/Chinese, and knowledge of Check SCM and SUN.
  • You will manage invoices, payments, and supplier accounts, ensuring accuracy and approval, while maintaining confidentiality, balancing records, and handling foreign exchange transactions.

Requirements

  • University degree and above, majoring in Finance / Accounting.
  • 4-6 years of relevant experience.
  • Attention to details and good interpersonal skills.
  • Good communication skills.
  • Flexible in relation to working hours, especially at month end.
  • Proficient in English and Chinese to meet business needs.
  • Possess system skills in Check SCM, SUN.
  • Proficient in Microsoft Windows, Word, Excel, etc.

Responsibilities

  • Account for and audit all purchase orders, receiving records, suppliers’ invoices and credit notes and all outgoing shipments.
  • Review all payments (including payroll) by cheque, bank transfer or other means and forward to Director of Finance for approval and signature.
  • Ensure that all invoices forwarded for approval or payment have all supporting documentation attached.
  • Post all transactions (vouchers) and stamp “POSTED” after completion.
  • Record all vouchers including cancelled ones in the voucher lists.
  • Balance suppliers’ monthly statements to the hotel’s accounts payable records.
  • Follow up with hotel suppliers on missing invoices or credit notes.
  • Ensure that all invoices have been approved by relevant Department Head or person with appropriate level of authority prior to payment.
  • Properly record, reconcile and prepare invoices for payment ensuring that correct general ledger codes and cost centre codes have been used.
  • Ensure that the best rates are used where possible for payments in foreign currency.
  • Ensure the accurate and timely input of data to the accounts payable ledger.
  • Ensure all signed cheques (pending for distribution to the suppliers) are kept in the Financial Controller’s safe and maintain a proper log for the records.
  • Process and apply the hotel tax on time to ensure the tax submission is on time.
  • Ensure that cheques and other payment instruments are used in numerical order.
  • Ensure that any passwords or codes associated with payment mechanisms are not disclosed to unauthorized personnel.
  • Ensure all information relating to bank account details and balances are treated as confidential.
  • Maintain an adequate and up to date filing system.
  • Handle all requests and enquiries in a timely, efficient and friendly manner.
  • Minimize the risk of accidents and workers compensation costs by ensuring the correct work practices are used and that the area is safe from hazards.
  • Prepare trade accruals at month end.
  • Perform any additional tasks assigned to ensure that the hotel functions smoothly.
  • Liaise with the bank and the Foreign Exchange Control Bureau on all foreign exchange transactions by obtaining approvals and all necessary documentation.

FAQs

What qualifications are required for the Finance Executive - Accounts Payable position?

A university degree majoring in Finance or Accounting is required, along with 4-6 years of relevant experience.

What are the primary responsibilities of the Finance Executive - Accounts Payable?

The primary responsibilities include auditing and processing hotel payments, preparing cost analysis and payment forecasts, and ensuring timely payments while maintaining accurate records.

Is proficiency in any specific software required for this position?

Yes, proficiency in Check SCM, SUN, and Microsoft Windows, Word, and Excel is required.

What languages should candidates be proficient in to be considered for this role?

Candidates should be proficient in English and Chinese to meet business needs.

What type of skills are essential for success in this position?

Attention to detail, good interpersonal and communication skills, and flexibility in working hours, especially at month-end, are essential.

Where will the job be located?

The job will be located at Hilton Hyderabad Genome Valley Resort and Spa.

What is the employment status for this position?

This is a full-time position.

Is prior experience in the hospitality industry necessary for this role?

Prior experience in accounts payable or finance is essential, but specific experience in the hospitality industry is not explicitly required.

Are there opportunities for growth within Hilton for this position?

Yes, Hilton values the development of its Team Members and offers opportunities for career advancement and growth within the company.

How does Hilton support its employees' well-being?

Hilton is dedicated to providing exceptional employee experiences and offers various benefits, including health insurance, training opportunities, and a supportive work environment.

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Hilton

An official account for Hilton, a leading global hospitality company filling the earth with light & warmth since 1919.

Travel & Leisure
Industry
10,001+
Employees
1919
Founded Year

Mission & Purpose

Hilton is a global hospitality company that operates a chain of hotels and resorts worldwide. They provide accommodation and services for travellers and guests, offering a range of options from luxury to budget-friendly hotels. Hilton's ultimate mission is to be the most hospitable company in the world, aiming to deliver exceptional guest experiences and create memorable moments for their customers. Their purpose is to provide a welcoming and comfortable environment where guests can relax, enjoy their stay, and feel cared for during their travels. They strive to offer consistent quality across their properties, with a focus on outstanding service, amenities, and personalised experiences to ensure guests feel valued and satisfied.

Benefits

  • Health & Welfare Benefit Plans

  • Retirement Savings Program

  • Mental Wellness Support

  • Flexible Schedules

  • Access to your pay when you need it ​​​​​​​through DailyPay