IHG Senior Analyst-3 in Gurgaon, India

Description:

1. KEY RESPONSIBILITIES

Job Summary(Role Summary)

Perform contract review of Franchised and Managed contracts to ensure the accuracy of billing as per the terms and conditions of the contract. Perform revenue audits related to the License Agreement on franchise hotels. Report findings to GMs, Controllers, owners, and corporate liaisons. Recommend investigative proceedings if fraudulent activities are found.

Essential Duties and Responsibilities(Key Activities)

· Perform contract review of Franchised and Managed contract to ensure accuracy of billing

· Maintain a record, audit trail and conversation to substantiate the completion of contract review.

· Perform hotel revenue audits in accordance with the process guidelines.

· Liaise with hotels to obtain required documents to perform audits and to ensure completeness and accuracy of audit.

· Timely follow up on all pending reports from hotels required for audit.

· Completion of audits and contract review as per targets allocated

· Initiate the billing adjustments for revenue audit and contract review finding

· Maintain a record of audits, contract review performed and related billing adjustments to report the same in performance metrics

· Provide support for Group, Statutory, Internal audits, and SOX testing

· Proactively update Team Leader on any issues identified during Contract Review or Revenue audit

· Prepare/Update the procedure documents

2. REQUIRED QUALIFICATIONS

Required Skills/Qualifications

Bachelor’s (B.Com) or Master’s degree in Finance or Accounting 1-3 years of progressive work-related experience in accounting

Accounting Knowledge

Intermediary Accounting knowledge and the ability to apply them to the company's Accounting practices.

Technical Knowledge

Intermediary knowledge of relevant Systems and applications used in accounting function like PeopleSoft. Conversant with MS Office, ERP exposure

Depth and Breadth of Business Knowledge

Intermediary knowledge of the business necessary to perform process activities.

Relevant Accounting / Management Policy

Intermediary knowledge & understanding of the key policies impacting the process.

Control and Compliance Skills

Intermediary understanding of checks and controls and execute all deliverables per agreed timeline and process metrics targets

Analytical Skills

Application of basic checks and balances for process improvement, exceeding customer expectation, compliance adherence etc

Other Skills

Communication - Possess good communication skills and overall a pleasing personality

Flexibility - Flexible to work in multiple shifts

  • Ability to work in cross functional teams

ACCOUNTABILITY

Number of employees supervised : Not Applicable

Key Metrics : To meet process metrics targets

Decision Rights : Take adequate decisions to streamline and improve day to activities after discussion with Team lead/Manager

KEY RELATIONSHIPS

Key Internal Relationships Billing, Collections, G&C, SOX team and other BSC functions

Key External Relationships External Auditors, Business Support, FP&A, other Business and legal teams, Hotel’s General Managers, Controllers, Owners and managing companies

Qualifications

1. KEY RESPONSIBILITIES

Job Summary(Role Summary)

Perform contract review of Franchised and Managed contracts to ensure the accuracy of billing as per the terms and conditions of the contract. Perform revenue audits related to the License Agreement on franchise hotels. Report findings to GMs, Controllers, owners, and corporate liaisons. Recommend investigative proceedings if fraudulent activities are found.

Essential Duties and Responsibilities(Key Activities)

· Perform contract review of Franchised and Managed contract to ensure accuracy of billing

· Maintain a record, audit trail and conversation to substantiate the completion of contract review.

· Perform hotel revenue audits in accordance with the process guidelines.

· Liaise with hotels to obtain required documents to perform audits and to ensure completeness and accuracy of audit.

· Timely follow up on all pending reports from hotels required for audit.

· Completion of audits and contract review as per targets allocated

· Initiate the billing adjustments for revenue audit and contract review finding

· Maintain a record of audits, contract review performed and related billing adjustments to report the same in performance metrics

· Provide support for Group, Statutory, Internal audits, and SOX testing

· Proactively update Team Leader on any issues identified during Contract Review or Revenue audit

· Prepare/Update the procedure documents

2. REQUIRED QUALIFICATIONS

Required Skills/Qualifications

Bachelor’s (B.Com) or Master’s degree in Finance or Accounting 1-3 years of progressive work-related experience in accounting

Accounting Knowledge

Intermediary Accounting knowledge and the ability to apply them to the company's Accounting practices.

Technical Knowledge

Intermediary knowledge of relevant Systems and applications used in accounting function like PeopleSoft. Conversant with MS Office, ERP exposure

Depth and Breadth of Business Knowledge

Intermediary knowledge of the business necessary to perform process activities.

Relevant Accounting / Management Policy

Intermediary knowledge & understanding of the key policies impacting the process.

Control and Compliance Skills

Intermediary understanding of checks and controls and execute all deliverables per agreed timeline and process metrics targets

Analytical Skills

Application of basic checks and balances for process improvement, exceeding customer expectation, compliance adherence etc

Other Skills

Communication - Possess good communication skills and overall a pleasing personality

Flexibility - Flexible to work in multiple shifts

  • Ability to work in cross functional teams

ACCOUNTABILITY

Number of employees supervised : Not Applicable

Key Metrics : To meet process metrics targets

Decision Rights : Take adequate decisions to streamline and improve day to activities after discussion with Team lead/Manager

KEY RELATIONSHIPS

Key Internal Relationships Billing, Collections, G&C, SOX team and other BSC functions

Key External Relationships External Auditors, Business Support, FP&A, other Business and legal teams, Hotel’s General Managers, Controllers, Owners and managing companies

Job: Executive / Corporate

Location: India-Gurgaon

Requisition ID: R147464