The Senior Accounting Specialist ensures accurate financial management and reporting for the hospitality organization, overseeing accounting operations, compliance, and coordination with various departments to support smooth business operations.
Duties & Responsibilities
- Prepare and maintain accurate financial statements and reports.
- Manage accounts payable and accounts receivable processes.
- Reconcile daily cash, bank statements, and credit card transactions.
- Oversee payroll processing and ensure statutory compliance.
- Monitor departmental budgets and track variances.
- Record all transactions related to hotel operations (rooms, F&B, events).
- Assist in month-end, quarter-end, and year-end closing procedures.
- Prepare journal entries, accruals, and account reconciliations.
- Implement and monitor internal controls to protect company assets.
- Coordinate with auditors during internal and external audits.
- Analyze revenue streams and operational expenses for profitability.
- Support forecasting, financial planning, and budgeting processes.
- Generate management reports and ad hoc financial analyses.
- Maintain compliance with accounting standards and local regulations.
- Train, mentor, and provide guidance to junior accounting staff.
- Assist in implementation and maintenance of accounting software or systems.
- Collaborate with vendors and suppliers for financial transactions.
- Ensure proper documentation of financial records for audits and legal purposes.
- Identify opportunities for process improvement and efficiency in accounting workflows.
20, Support finance-related projects and initiatives across the organization.
Qualifications, Skills And Experience
- Bachelor's degree in Accounting, Finance, or related field.
- Minimum 35 years accounting experience in hospitality or hotel industry.
- Strong knowledge of accounting principles and financial regulations.
- Proficiency in accounting software (Oracle, SAP, QuickBooks, or hospitality-specific systems).
- Excellent analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Ability to meet tight deadlines in a fast-paced environment.
- Excellent communication and interpersonal skills.
- Knowledge of hotel operations (rooms, F&B, events) is a plus.
- Experience handling audits (internal and external).
- Advanced Excel and reporting skills.
- Ability to handle confidential and sensitive information with integrity.
- Strong organizational and time management skills.
- Team-oriented with leadership and mentoring ability.
- Adaptable to dynamic business and operational changes.
- Strong ethical standards and professional judgment.
- Ability to identify inefficiencies and recommend improvements.
- Commitment to continuous learning and professional development.
- Problem-solving mindset with the ability to work independently.
