ADDITIONAL INFORMATION

Job Number25060669
Job CategoryFinance & Accounting
LocationLondon Marriott Hotel Canary Wharf, 22 Hertsmere Road, London, England, United Kingdom, E14 4ED
ScheduleFull Time
Located Remotely?N
Position Type Non-Management

SKILLS AND KNOWLEDGE

• Must possess a high degree of numerical literacy
• Proven analytical skills
• Must possess the ability to problem solve
• Strong Communication & Negotiation skills (verbal, listening, writing)
• Pro-active, reliable & must display an extremely high degree of integrity
• Able to work alone and within a team
• Flexibility of hours due to period end requirements
• A thorough understanding of the relevant UK legislation impacting the payroll function

Accounts Receivable

• Ensure City Ledger Invoices are received, checked for accuracy (rate, charges approved for bill back, company details etc), supporting documentation attached and sent out on daily basis.
• Where applicable ensure City Ledger Invoices submitted electronically are processed on daily basis.
• Verify all Marriott Bonvoy certificates against the invoices and transfer the charges onto the monthly Opera Marriott Bonvoy account.
• Ensure that room nights granted against rewards are less than or equal to those mentioned in certificate.
• Review all ‘P’ accounts in Guest Ledger daily working closely with Front Office, Event Management, Revenue Management and the London Reservations and Sales Offices to ensure accounts are current, all postings are correct, the correct rates are charged and relevant back up is obtained.
• Deal promptly with any Guest Ledger and City Ledger balances that are in credit or have immaterial balances.
• All deducted credit card and travel agency commissions should be properly identified and posted in Opera.
• Check all Travel Agency Commission deductions to ensure the agreed rate has been deducted and have valid VAT invoice to claim back VAT on. Query any discrepancies with client.
• 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.
• Reconcile applied advance deposits and promptly refund unused/unapplied advance deposits according to Marriott policy.

Credit Control

• Maintain an efficient collection cycle in line with Marriott policy
• Prepare any write-off requests attaching all necessary back up and obtain approval from the DOF and GM before posting the write-off in Opera.
• Monitor and control all debt recovery, to include liaising with solicitors and attending court if necessary.
• Maintain Bad Debt Write Off log summary and is reconciled against P&L and submit on monthly basis.
• Maintain Bad Debt Write Off file documentation for all write offs.
• Maintain Collection Key Performance Indicators of Aging Percentages and Days Credit Sales Outstanding (DCSO) are maintained within Marriott Standards.