Represents the finance department on the daily department heads meeting with the General Manager,
Manage all phases of Accounts Payable, Receivable and department budget,
Calculate and distribute wages and salaries,
Prepare regular reports and summaries of accounting activities,
Prepare financial statements and debtors’ listings,
Verify recorded transactions and report irregularities to management,
Providing direction to the night Audit team,
Maintains files of all contracts, insurance policies, tax reports, expenses, payroll etc.
Maintaining and transferring money between bank accounts as required,
Performing numerical analysis of data and formulating conclusions and/or solutions,
Approving all Travel Agent Commissions and releasing payments after verification,
Preparing financial reports and submissions to relevant government entities,
Ensures all new hire paperwork, benefits, performance appraisals, disciplinary action forms and other pertinent personnel documents are filed appropriately and maintained in accordance with the Company HR practices,
Monitors and contains all property inventories to ensure proper levels without causing burdens on property cash flows,
Preparing and presenting financial reports for meeting and investors,
Working with executives and business heads to prepare budgets and track profit / loss performance by business unit,
Providing direction and training to hotel operation team in areas related to finance, financial reports, internal controls, labor management, payroll etc.,
Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings and appropriate performance management,
Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities,
Providing direction to the night Audit team so as to ensure proper revenue reporting,
Reviewing all ledger details guest ledger, city ledger and deposit ledgers to validate proper payment and revenue posting,
If any imbalance or difference found on the ledger then Co-ordinate with the PMS team to resolving the same ,
Review the postings, payments, revenue and guest balance reports on a daily basis,
Ensure correct taxation are applied on all billing software like Property Management System (PMS), Point of Sale (POS) and SPA software’s.