Accounts Payable Executive

Full Time @Hilton Hotels & Resorts in Accounting, Finance & Banking
  • Post Date : January 30, 2025

Job Description

An Accounts Payable Executive ensures a robust control and compliance environment and supports the hotel to maximize profit.

What will I be doing?

The Accounts Payable Executive is responsible for the efficient operation of the hotel’s Accounts Payable section in all activities related to timely and accurate payments, maintenance and control of the hotel’s accounts payable and related accounts. Specifically, you will be responsible for performing the following tasks to the highest standards:

  • Ensure a smooth operation of Accounts Payable in full compliance with policies, regulatory and contractual framework
  • Invoice Processing: Reviewing, verifying, and processing invoices from vendors for goods and services received by the hotel. This involves ensuring accuracy, proper coding, and authorization before payments are made
  • Maintaining relationships with vendors and resolving any billing discrepancies or issues that may arise
  • Overseeing the timely and accurate processing of payments to vendors, including checks, electronic transfers, and credit card payments. Ensuring adherence to payment schedules and policies
  • Monitoring and analyzing expenses to identify cost-saving opportunities and improve efficiency in procurement processes. Collaborating with other departments to control costs and manage budgets effectively
  • Generating reports on accounts payable activities, such as aging reports, cash flow projections, and expenditure analysis
  • Ensuring compliance with accounting principles, regulatory requirements, and internal control procedures. Implementing measures to safeguard against fraud, errors, and misappropriation of funds
  • Utilizing accounting software and systems to manage accounts payable functions efficiently. Overseeing system upgrades, enhancements, and troubleshooting issues as needed
  • Assisting with internal and external audits (as required) by providing documentation, explanations, and reconciliations related to accounts payable transactions. Ensuring audit readiness and compliance with audit recommendations
  • Identifying opportunities for process improvements and implementing best practices to streamline accounts payable operations. Staying updated on industry trends and technology advancements to enhance efficiency and effectiveness
  • Fostering a collaborative and productive work environment within the department

What are we looking for?

  • Ability to exercise sound judgement and decision-making skills
  • Excellent written and verbal communication and comprehension skills
  • Ability to work well under pressure and effectively handle multiple concurrent demands and appropriately prioritize responsibilities
  • Must possess the ability to analyse large amounts of data / information efficiently and accurately
  • Ability to learn and perform all essential job functions accurately and safely with minimal direct supervision, within initial training period after employee begins work

Additional Preferences:

  • University degree in Accounting or Finance
  • Knowledge of Tower operations to include all aspects
  • Knowledge in Navision System is required

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