Income Auditor

Company Description

If you are a traveller seeking stylish short accommodation close to local attractions, or you are seeking a longer term corporate stay, Oaks Liwa Heights Hotel Suites Dubai, offer an ideal base for all your travel needs. Offering luxurious accommodation and first-class facilities, our hotel promises to make your stay magnificent.

Job Description

Key Responsibilities:

• Ensure accuracy and integrity of hotel revenues, income postings, and financial transactions.
• Maintain internal control and verify revenue reports from various departments including rooms, food and beverage, and ancillary services.
• Reconcile accounts and support the accounting team in preparing daily, weekly, and monthly financial reports.
• Ensure compliance with hotel policies, financial standards, and relevant local and federal regulations.
• Analyze discrepancies in financial data and resolve issues in a timely manner.
• Conduct regular audits of cash handling procedures and point-of-sale systems.
• Collaborate with front office, sales, and revenue management teams to verify accuracy of guest folios and billing.
• Assist in the preparation of budgets and forecasts for various hotel departments.
• Implement and maintain effective filing systems for financial records and audit trails.

Qualifications

• Bachelor’s degree or diploma in Accounting, Finance, or related field.
• Minimum of 3 years of experience in a similar role within the hospitality industry.
• Strong understanding of hotel revenue streams and accounting principles.
• Proficient in hotel systems such as Opera PMS, IDS and Sun System .
• Excellent attention to detail and strong analytical skills.
• High level of integrity, accuracy, and confidentiality.
• Proficient in Microsoft Excel and other accounting software.
• Strong communication and organizational skills.
• Bachelor’s degree or diploma in Accounting, Finance, or related field.
• Minimum of 3 years of experience in a similar role within the hospitality industry.
• Strong understanding of hotel revenue streams and accounting principles.
• Proficient in hotel systems such as Opera PMS, IDS and Sun System .
• Excellent attention to detail and strong analytical skills.
• High level of integrity, accuracy, and confidentiality.
• Proficient in Microsoft Excel and other accounting software.
• Strong communication and organizational skills.

Additional Information

• Verify, post, and reconcile all daily revenue and income transactions from various hotel departments 
• Prepare the daily revenue report and distribute it to management.
• Audit and balance all revenue-generating outlets and ensure that all transactions are accurately recorded in the property management system.
• Review and analyze night audit reports for completeness and accuracy.
• Investigate and correct any discrepancies found in the audit process.
• Ensure that all cash, credit card, and other payment transactions are properly accounted for.
• Monitor compliance with financial policies, procedures, and internal controls.
• Reconcile POS and PMS reports with the general ledger.
• Assist in the month-end closing process and prepare supporting schedules as needed.
• Work closely with the Night Audit, Front Office, to resolve any posting or reporting issues.
• Support the Finance team with ad hoc reports and audit requests.