Accounting and Finance Analyst

At Hyatt, we believe in the power of belonging and creating a culture of care, where our colleagues become family. Since 1957, our colleagues and guests have been at the heart of our business and helped Hyatt become one of the world’s best and fastest-growing hospitality brands. Our transformative growth and the addition of new hotels, brands, and business lines can open the door for exciting career and growth opportunities for our colleagues.

As we continue to grow, we never lose sight of what’s most important: People. We turn trips into journeys, encounters into experiences, and jobs into careers.

Why Now?

This is an exciting time to be at Hyatt. We are growing rapidly and are looking for passionate changemakers to be a part of our journey. The hospitality industry is resilient and continues to offer dynamic opportunities for upward mobility, and Hyatt is no exception.

How We Care for Our People

Our purpose sets us apart-to care for people so they can be their best. Every business decision is made through the lens of our purpose, and it informs how we have and will continue to support each other as members of the Hyatt family. Our care for our colleagues is the key to our success. We’re proud to have earned a place on Fortune’s prestigious 100 Best Companies to Work For® list for the last ten years. This recognition is a testament to the tremendous way our Hyatt family continues to come together to care for one another, our commitment to a culture of inclusivity, empathy, and respect, and making sure everyone feels like they belong.

We’re proud to offer exceptional corporate benefits which include:

• Annual allotment of free hotel stays at Hyatt hotels globally
• Flexible work schedules
• Work-life benefits including well-being initiatives such as a complimentary Headspace subscription, and a discount at the on-site fitness center
• A global family assistance policy with paid time off following the birth or adoption of a child as well as financial assistance for adoption
• Paid Time Off, Medical, Dental, Vision, 401K with company match

Our Commitment to Diversity, Equity, and Inclusion

Our success is underpinned by our diverse, equitable, and inclusive culture and we are committed to diversity across the board-from whom we hire and develop, the organizations we support, and whom we buy from and work with.

Being part of Hyatt means always having space to be you. Our global teams are a mosaic of cultures, ethnicities, genders, ages, abilities, and identities. We constantly strive to reflect the world we care for with teams that achieve and grow together. To learn more about our commitments to DE&I, please visit the Why Hyatt section of the Hyatt career page.

Who You Are

As our ideal candidate, you understand the power and purpose of our Culture of Care and embody our core values of Empathy, Inclusion, Integrity, Experimentation, Respect, and Well-being. You enjoy working with others, are results-driven, and seek various opportunities to develop personally and professionally.

The Role

The Accounting and Finance Analyst will support the Risk Management Department out of our corporate office in Chicago in various financial capacities related to Hyatt’s insurance program. The responsibilities will primarily include, but are not limited to, monthly financial close support including accruals and review of account reconciliations, analytics on Hyatt’s captive insurance company, cash forecasting and analysis, and coordination with Corporate Accounts Payable and Accounts Receivable on insurance-related billings.

Essential Functions

• Compile monthly insurance expense accruals
• Assign proper general ledger account coding to insurance receivables and payables
• Prepare hotel-specific ad hoc P&L reports when requested by third-party insurance claim providers
• Monitor insurance program expense activity and assist with ad hoc expense analysis
• Assist with periodic requests to support actuarial and audit reports
• Work with Corporate Accounting to review monthly insurance account reconciliations and investigate variances
• Coordinate with Accounts Receivable and Accounts Payable to process insurance program payables and receivables timely and with proper approvals
• Manage Service Now ticket queue for invoice payment inquiries and requests and submit invoices to Accounts Payable for processing
• Assist with processing expense reports for department personnel as needed
• Perform periodic cost allocations and analyses leveraging automated tools (e.g. Alteryx)
• Audit work to help ensure completeness and accuracy
• Suggest process improvements with a focus on enhancing efficiency
• Assist the Hyatt Legal Department and Property teams with collateral compliance efforts with bonding and licensing requirements
• Coordinate with internal teams and external stakeholders to gather, review and submit the required “Know Your Customer” documentation in complained with regulatory standards
• Ensure compliance with SOC requirements and support the successful completion of SOC report reviews and associated compliance
• Assist Compliance Manager to ensure Hyatt’s adherence to state regulations for workers’ compensation insurance compliance in Self-Insured states
• Assist the Hyatt Tax Department with insurance-related compliance and return filings
• Demonstrating a commitment to Hyatt core values (included in all job descriptions)
• The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary (included in all job descriptions).

Qualifications

Experience

• 1-3years experience in accounting, finance, data analytics, or related field
• Excellent attention to detail and accuracy
• Strong problem-solving, time management, and analytical skills
• Familiarity with financial statements and corporate finance concepts preferred
• Microsoft Office, particularly Excel, experience preferred

Education

• Bachelor’s degree

Computer Skills Needed to Perform this Job

• Microsoft Excel
• Experience with Oracle R12 Financials a plus, but not required

Additional Comments and Requirements

• Infrequent travel may be required (up to 5% of the time)

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