Responsibilities
Accounts Receivable and Payable Management:
Preparing and reviewing invoices issued to the hotel and ensuring their accuracy.
Follow up on collecting payments from customers and agents.
Process supplier invoices and verify their accuracy before payment.
Preparing and settling supplier and customer account statements.
Cash and banking transactions:
Reconcile bank accounts on a daily or weekly basis.
Managing petty cash and fund reconciliation.
Monitor cash, checks and deposits.
Recording financial transactions:
Recording all daily financial transactions in the accounting system (such as sales, purchases, expenses, revenues).
Ensure implementation of Generally Accepted Accounting Principles (GAAP) and hotel policies.
Reporting:
Preparing periodic financial reports (daily, weekly, monthly) such as daily revenue reports, expense reports, and cash flow reports.
Assist in preparing balance sheets and income statements.
Audit assistance:
Cooperate with internal and external auditors and submit required documents.
Assist in periodic inventory counts of assets and inventory.