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International Collections Specialist EMEA

Location: 

Istanbul, TR

Property Name:  WHG Turkey
Req Id:  11198

Wyndham Hotels & Resorts is now seeking a International Collections Specialist EMEA to join our team in Istanbul, Turkey

Job Summary

This position will manage specific finance functions related to the analysis and reconciliation of payments for international accounts in the EMEA region in order to maintain appropriate cash application and minimal unapplied cash.  The position will also reconcile withholding tax receipts and VAT (where applicable) and perform withholding and VAT (where applicable) adjustments and other miscellaneous write-offs.  The position also requires the daily identification and application of payments.  Where payment details are not available the position must work with the Financial Service Representative(s) to obtain the payment application details. The position requires interaction with franchisees in order to effectively reconcile withholding tax adjustments. 

 

In addition this position will manage the collections of delinquent receivables for a portfolio of accounts in the EMEA region in order to maintain the WHR cash flow.  The qualified candidate will be required to converse and communicate in Turkish and English as a minimum in relation to the portfolio coverage and other languages could be beneficial. In addition they will work closely with franchisees and the Director of Franchise Operations, as well as internal departments ensuring that franchisee’s and hotels financial obligations to WHR are met in a satisfactory manner.   Areas of responsibility mainly include but not limited to collection and missing withholding tax receipt calls; resolving past due accounts; negotiating payment arrangements; reviewing financial statements; fielding incoming calls; recommending accounts for next collection steps, account reconciliations including submitting write-offs and payment processing details, and special projects. The position requires an understanding of withholding tax implications. Additionally, this position is required to identify and resolve financial issues, as well as communicate such issues to upper financial management on a timely basis.  The specialist will also provide management level customer service support to franchisees.

Complexity

This position will manage specific finance functions related to the analysis and reconciliation of payments for international accounts in the EMEA region in order to maintain appropriate cash application and minimal unapplied cash.  The position will also reconcile withholding tax receipts and VAT (where applicable) and perform withholding and VAT (where applicable) adjustments and other miscellaneous write-offs.  The position also requires the daily identification and application of payments.  Where payment details are not available the position must work with the Financial Service Representative(s) to obtain the payment application details. The position requires interaction with franchisees in order to effectively reconcile withholding tax adjustments. 

 

In addition this position will manage the collections of delinquent receivables for a portfolio of accounts in the EMEA region in order to maintain the WHR cash flow.  The qualified candidate will be required to converse and communicate in Turkish and English as a minimum in relation to the portfolio coverage and other languages could be beneficial. In addition they will work closely with franchisees and the Director of Franchise Operations, as well as internal departments ensuring that franchisee’s and hotels financial obligations to WHR are met in a satisfactory manner.   Areas of responsibility mainly include but not limited to collection and missing withholding tax receipt calls; resolving past due accounts; negotiating payment arrangements; reviewing financial statements; fielding incoming calls; recommending accounts for next collection steps, account reconciliations including submitting write-offs and payment processing details, and special projects. The position requires an understanding of withholding tax implications. Additionally, this position is required to identify and resolve financial issues, as well as communicate such issues to upper financial management on a timely basis.  The specialist will also provide management level customer service support to franchisees.

Scope/Financial Responsibility

The position is critical to timely processing of payments and write-offs, ensuring accounts reflect accurate amounts due, in turn impacting the collectability by the Financial Services Representative.  Failure to accurately and efficiently perform the job responsibilities will have a negative impact on cash collections, outstanding withholding tax & VAT (where applicable), unapplied cash, and levels of customer service as issues with accounts will rise.  Incorrectly processing tax adjustments has potential tax implications. 

 

This position has a measureable impact on the company’s financial performance as it has a direct impact on collections (cash flow) and pursuit/resolution of outstanding accounts (reduction of bad debt).  The role is responsible for improving the A/R aging, improving DSO, obtaining and processing withholding tax receipts, and maintaining overall A/R integrity.  The position oversees its collection process and ensures accurate collection measures are being taken to reduce the overall company liability and exposure.

Abilities/Key Competencies/Skills
  • Must speak and write Turkish and English
  • Highly proficient in Microsoft Excel
  • Well developed negotiation skills
  • Heavy phone usage/volume
  • Must be persistent with excellent follow up skills
  • Good problem-solving and decision making skills
  • Must be results driven and results oriented
  • Excellent verbal and written communication skills
  • Must work well with others and be able to contribute to a team
  • Customer focused with excellent customer service skills
  • Able to read and understand operational stats
Experience/Certificates/Education
  • University degree
  • 2+ Years professional experience in collections/ finance/analytical related role
  • Highly proficient in Excel, especially Pivot Tables and VLOOKUP
  • Hotel experience a plus

COMPANY OVERVIEW:
Wyndham Hotels & Resorts is the largest hotel franchisor in the world and a leading hotel management company.  We stand 20 brands strong across 9,000 hotels in more than 80 countries, and we offer the most diverse collection of hotel experiences in the world.  Our iconic brands, united by the richest and simplest rewards program in the business, make hotel travel possible for all.

Our hotel owners are the stewards of our brands, and together, we champion everyday travelers.  We believe guests deserve great experiences, and our robust portfolio—distinguished by our leading economy and midscale brands—delivers just that.

We are AmericInn® by Wyndham, Baymont® by Wyndham, Days Inn® by Wyndham, Dazzler® by Wyndham, Dolce Hotels and Resorts® by Wyndham, Esplendor® Boutique Hotels by Wyndham, Hawthorn Suites by Wyndham®, Howard Johnson® by Wyndham, La Quinta® Inns & Suites, Microtel  by Wyndham®, Ramada Encore by Wyndham, Ramada Worldwide® by Wyndham, Super 8® by Wyndham, The Trademark Collection® by Wyndham, Travelodge® by Wyndham, TRYP by Wyndham®, Wingate by Wyndham®, Wyndham Garden®, Wyndham Grand® and Wyndham Hotels and Resorts®.

Headquartered in Parsippany, N.J. with offices around the globe in London, Shanghai, Buenos Aires, Dubai and more, Wyndham Hotels & Resorts employs approximately 15,000 team members worldwide.

Job Location: WHG Turkey, Buyukdere Caddesi, Bahar Sokak, River Plaza D: 48, Istanbul, Istanbul  34394
Employment Status: Full-time

Employment Disclaimer

In some locations around the world, Wyndham Hotels & Resorts manages hotel properties on behalf of a third party owner. At many of those properties, the Hotel owner is the actual employer, and Wyndham Hotels & Resorts performs recruiting and hiring functions on behalf of the owner. I understand and agree that, by applying through this site, I may be applying for a position with a company other than Wyndham Hotels & Resorts where Wyndham Hotels & Resorts is serving only as the recruiter and will not be my actual employer.

What we expect from you

• Bring your best every day

• Put our guests first

• Strive to exceed expectations in all you do

What you can expect from us

• Best-in-class training and career development

• Supportive and engaged team

• Fast paced fun environment

About Wyndham

Wyndham Hotels & Resorts is the champion of the everyday traveler. Through the largest and widest collection of hotel experiences in the world, we work to make hotel travel possible for all. Wherever and however people travel, Wyndham will be there to welcome them.