ADDITIONAL INFORMATION

Job Number25132043
Job CategoryFinance & Accounting
LocationSheraton Grand London Park Lane, Piccadilly, London, London, United Kingdom, W1J 7BX
ScheduleFull Time
Located Remotely?N
Position Type Non-Management
We are hiring for a Finance Supervisor
Based at The Sheraton Grand London Park Lane Hotel - a Grand Experience Crafted in Mayfair.

MONTHLY RESPONSIBILITIES:

• On the first day of the following month, ensure all accruals/accounts to be completed.
• Ensure all Income Audit functions have been completed accurately.
• Review and clear all ‘P’ accounts if applicable.
• Ensure all City Ledger payments are posted. Check with AFC to ensure postings are in balance.
• On the first day of every month, print all relevant month-end reports from Opera A/R.
• Travel Agency commissions should be calculated at the end of each month.
• Reconcile Cash Clearing 113001
• On the 1st of each month, complete the monthly aging report, calculating the DCSO days and providing an explanation for all accounts over 60 days outstanding. The following AR aging details should be forwarded to the AFC.
  At Marriott International, we are dedicated to being an equal opportunity employer, welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and celebrated. Our greatest strength lies in the rich blend of culture, talent, and experiences of our associates. We are committed to non-discrimination on any protected basis, including disability, veteran status, or other basis protected by applicable law.
  When you join the Sheraton family, you become a member of its global community. We’ve been a place to gather and connect since 1937. At Sheraton, associates create a sense of belonging in more than 400 communities around the world. We invite, we welcome, and we connect guests through engaging experiences and thoughtful service. If you’re a team player who is excited to deliver a meaningful guest experience, we encourage you to explore your next career opportunity with Sheraton. Join us on our mission to be ‘The World’s Gathering Place’. In joining Sheraton Hotels & Resorts, you join a portfolio of brands with Marriott International. Be where you can do your best work, begin your purpose, belong to an amazing global team, and become the best version of you

Specific Duties:

• Supervise the overall functions of Income Audit, ensuring accurate daily Gross Revenue Report’s (GRR’s), leading to authentic Profit & Loss statements are prepared to a timely schedule.
• Supervise the Accounts Payable function in the processing of all invoices for goods received/bought by the Hotel, functions to include the following:
• Ensure that all invoices are addressed to the correct legal entity
• All invoices are to be accompanied by a valid and approved Birchstreet purchase order
• Establishing new Creditors in the Peoplesoft G/L as & when necessary
• Maintenance of the Fixed Cost register
• Invoices to be sense checked for correct VAT registration details & VAT analysis
• Posting of Expense reports into PEOPLESOFT
• Posting of all Miscellaneous, Food & Beverage invoices
• Reconciling Vendor statement to ensure that outstanding suppliers are paid in a timely manner thereby minimising the risk of financial exposure to the hotel
• Supervise functions within the General Cashier area and assist in the solution of any problems which may arise.
• Supervise the Accounts Receivable function, with particular relevance to credit control.
• Generally, supervise the day-to-day functions of the Finance Office, except Payroll.
• Assist the Assistant Financial Controller (AFC) and the Director of Finance (DOF) in any other functions as requested and to deputise for the AFC in his/her absence.
• Responsible for ensuring that all guest queries are dealt with the members of the Finance / Accounting office in a timely manner.
• Ensure Cash Deposit Verification is reviewed and checked on a daily basis.
• Ensure that the Bank Reconciliation is completed with a particular emphasis on ensuring the daily receipts and payments are reviewed.
• Verify all Marriott Bonvoy certificates against the invoices and make sure the rates are correct.
• Monitor all ‘P’ accounts in Guest Ledger on a daily basis working closely with the Credit Controller, Front Office team & Event Management to ensure accounts are current, all postings are correct, the correct rates are charged and relevant back up is obtained on a weekly basis.
• Assist the Credit Controller to prepare and send invoices for guests / groups if needed.
• Allocate payments received (BACS, City Ledger cheques) against respective accounts or as advance deposits on receipt in the absence of Credit Control.
• Assisting the Credit Controller to investigate and resolve all credit card queries and actual charge backs and check the charges and the validity of the credit card against the posting.
• Work closely with the Sales/Event Managers in ensuring that group master accounts are properly set up and that group deposits are received on time and promptly posted to the group master.
• Assisting the Credit Controller in preparing for the monthly credit meetin