Job Title: Income Auditor
Department: Finance / Accounting
Reports To: Financial Controller
Location: Seda BGC Hotel
The Income Auditor is responsible for ensuring the accuracy and integrity of all hotel revenue transactions. This position audits, reconciles, and verifies daily income reports, point-of-sale data, and front office postings to guarantee that all revenue sources are accurately recorded and reported in compliance with Seda Hotels financial policies and accounting standards.
Key Responsibilities
1. Revenue Audit and Reconciliation
- Review and verify all daily revenue transactions from Front Office, Food & Beverage outlets, and other operating departments.
- Ensure that all revenue entries are accurate, properly supported, and recorded in the accounting system.
- Prepare and reconcile daily revenue reports, identifying any discrepancies or variances for correction.
- Monitor and reconcile room, banquet, and outlet sales against PMS and POS reports.
- Verify the accuracy of discounts, rebates, complimentary items, and voided transactions.
2. Cash and Credit Control
- Audit daily cash receipts, credit card transactions, and other modes of payment.
- Ensure timely and accurate posting of payments and deposits.
- Coordinate with Front Office, F&B, and other departments for discrepancies in cash remittances or payment processing.
- Monitor house banks and assist in surprise cash counts as required.
3. Reporting and Documentation
- Prepare daily revenue summary and distribute to management.
- Maintain proper filing and documentation of all audit reports and supporting documents.
- Assist the Finance Manager in the preparation of monthly financial statements by providing accurate revenue data.
- Ensure compliance with internal controls and Seda Hotels financial policies.
4. Systems and Controls
- Ensure proper control and segregation of duties in all income-related functions.
- Coordinate with IT and department heads to ensure accuracy of PMS and POS interfaces.
- Identify process improvements to strengthen revenue control and efficiency.
- Support internal and external audit requirements.
5. Other Duties
- Participate in monthly inventory counts and other finance-related activities.
- Assist in training operations staff on proper revenue recording and cash handling procedures.
- Perform other duties as may be assigned by the Finance Manager or Financial Controller.
Qualifications
- Education: Bachelor's degree in Accounting, Finance, or Business Administration.
- Experience: Minimum of 12 years experience in hotel accounting or audit, preferably in a similar capacity.
- Skills and Competencies:
- Strong analytical and numerical skills.
- Excellent attention to detail and accuracy.
- Good communication and interpersonal skills.
- Proficient in Microsoft Excel and hotel systems (e.g., Opera PMS, POS, Sun Systems, or similar).
- Ability to maintain confidentiality and integrity in handling financial data.
