Income Auditor
at Five Hotels and Resorts
Dubai, دبي, United Arab Emirates -
| Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
|---|---|---|---|---|---|---|---|
| Immediate | 23 Apr, 2025 | Not Specified | 23 Jan, 2025 | 2 year(s) or above | Good communication skills | No | No |
Required Visa Status:
| Citizen | GC |
| US Citizen | Student Visa |
| H1B | CPT |
| OPT | H4 Spouse of H1B |
| GC Green Card |
Employment Type:
| Full Time | Part Time |
| Permanent | Independent - 1099 |
| Contract – W2 | C2H Independent |
| C2H W2 | Contract – Corp 2 Corp |
| Contract to Hire – Corp 2 Corp |
Description:
Responsibilities:
- Ensures Meticulous Recording and Accurate Accounting of all Revenues with the appropriate account codes, embodying a Commitment to Precision.
- Conducts Thorough Reviews of night audit reports, including Transportation Vouchers, Miscellaneous Income, Laundry Revenue, Leisure Revenue, Telephone Revenue, Rooms Revenue, and Food and Beverage Revenue, to guarantee Accurate revenue recognition.
- Curates and prepares the Daily Revenue Report, disseminating it Promptly to Executives and Heads of Department for their strategic oversight.
- Prepares Comprehensive summaries for Rebates, Paid Outs, Refunds, Duty Meals, Complimentary Services, and Entertainment, forwarding them to the Director of Finance and General Manager for approval.
- Scrutinises the Cash Drop Register, ensuring cash drops and due backs align Seamlessly with the Property Management System (PMS) and Point of Sale (POS) systems.
- Reviews any cashier overages or shortages with Attention to Detail, ensuring Transparency and Accuracy.
- Maintains Stringent Serial Control of all vouchers, gift coupons, recreation memberships, and outlet checks, upholding Exceptional Standards of Accountability.
- Enforces internal control policies Diligently, ensuring adherence across all relevant Departments to Safeguard FIVE’s Financial Integrity.
- Transfers revenue data from the PMS to the General Ledger, preparing Revenue Journal vouchers in conjunction with the trial balance for Meticulous Record-Keeping.
- Verifies and accurately posts Cash and Bank Transactions, preparing the General Cashier Journal voucher to maintain Phenomenal Financial Documentation.
- Oversees and summarises revenues for concessionaire shops, ensuring Accurate allocation in line with FIVE’s Financial Policies.
- Reviews Travel Agent Commissions from Global Distribution Systems (GDS) and forwards approved transactions to Accounts Payable for Prompt payment.
- Controls the House Fund issued to various Departments, ensuring Judicious management of funds for operational Efficiency.
- Safeguards Safe Box keys and Credit Card Passwords issued to Departments, maintaining Security and Confidentiality.
- Conducts surprise Cash Floats weekly and at the end of each Month to ensure Compliance and Accuracy in cash handling.
- Verifies Revenues from Telecommunication, Laundry, and Spa services, ensuring reconciliation with both POS and PMS systems.
- Ensures Rentals and other income streams (e.g., Visa, Transportation) are recorded Impeccably to reflect true Financial Standing.
- Reviews and validates Front Office cashier summaries, ensuring Meticulous transaction records.
- Scrutinises cash, credit card, city ledger, paid-outs, refunds, and other transactions, Verifying all necessary approvals and supporting documentation.
- Forwards city ledger folios to the Credit Department after thorough verification of LPOs and supporting documents to ensure Accurate Processing.
- Assesses the Rate Variance Report to confirm that Room Rates are correct and aligned with FIVE’s policies.
- Confirms that approvals for Complimentary Rooms have been duly Received and Documented.
- Verifies city ledger payments posted in Opera and tally these against the Collection Report prepared by the Accounts Receivable Clerk to maintain Integrity in financial reporting.
- Reviews FIVE’s Foreign Exchange Rates and ensure Compliance with established profit margins.
- Monitors Rooms and Banquets advance deposits, maintaining an Organised summary for Operational Reference.
- Reviews the Business Mix Report, ensuring revenues are Allocated to the appropriate Segments.
- Prints and assesses the High Credit Balance Report, promptly reporting any irregularities to the Supervisor and Front Office Manager for Timely action.
- Cross-checks Food and Beverage outlet Revenues against the POS report to verify Consistency and Precision.
- Tallies revenue in the Micros POS system with the PMS, ensuring Precise financial reconciliation.
- Ensures tips, Micros cash, and credit card totals are accurately reconciled between Micros and Opera systems.
- Reviews allowances, discounts, and complimentary checks daily, verifying necessary Approvals and Adherence to Policy.
- Tracks Banquet events and advance deposits, ensuring that Rates Charged align with Contractual Agreements.
- Provides unwavering support in the Completion of External Audits, contributing to a Transparent and Efficient process.
- Achieves a Performance Standard of 94% and above in FIVE Internal Audits, showcasing a Commitment to Excellence.
- Completes any additional Ad Hoc duties as assigned by the Director of Finance, demonstrating a Proactive and Collaborative spirit.
REQUIREMENT SUMMARY
Min:2.0Max:5.0 year(s)
Hospitality
Accounts / Finance / Tax / CS / Audit
Hospitality
Graduate
Proficient
1
Dubai, United Arab Emirates
