Income Auditor (Saudi National) at IHG Hotels &… · Saudi…

Under the direct supervision of the Accountant, and within the limits of InterContinental Hotels Group policies and procedures, responsible for ensuring all revenues generated in the hotel are recorded accurately and discrepancies reported on a timely basis. The Income Auditor produces the daily revenue report and reconciles all revenues against cash banked and accounts receivable movements for each day. The Income Auditor also ensures that all revenues are recorded and reported on a daily basis and all control procedures are in place relating to the income process Embrace and promotes the desired work culture around our Winning Ways of the InterContinental Hotels Group and the brand ethos.

FINANCIAL RETURNS

• Reconcile revenues on a daily basis, between PMS and other integrated systems
  • Room sales, to the rooms revenue report
  • Food & Beverage sales, to the outlet sales POS summaries
  • Telephone sales, to telephone report
  • Laundry sales to the laundry summary
  • Other department sales (including manual ones) to relevant sales summaries
• Preparation of daily revenue report (morning revenue report) and ensure all numbers are accurate and reports are sent out on a timely manner.
• To ensure all complimentary or house use rooms have an adequate explanation / justification on the approval form. To ensure full reasoning is provided for zero rates room to ensure that they are contracted zero rates and not miscoded complimentary rooms.
• To ensure no show report is reviewed and revenue are posted correctly
• To ensure rooms rate variance report are reviewed and properly checked with explanations from Night Manager.
• To verify that a room status discrepancy report has been completed and signed by both Housekeeping and Front Office with explanations noted.
• To ensure that the “Out-of-Service/Out-of-Order” rooms report is being reviewed by Night Manager on a daily basis.
• Finalizes food cover report for food and beverage control and the Finance Department.
• To ensure breakfast allocation packages are allocated correctly.
• Keys revenue journal and distributes to Outlet Mangers and management
• Controls all food and beverage sales by:
  • Correct recording of guest checks on a timely basis
  • Performs spot checks on outlet checks used
  • Having all voided checks, corrections and unsettled checks approved by the Restaurant Supervisor or Manager and report submitted to Finance Leader for review on a timely manner
  • Monitors the buffet controls, especially over cash settled checks to prevent reuse ensuring all revenue is recorded
  • Ensure banquet controls are being adhered to
  • Reconciles total outlet sales to total charges
  • Ensure the preparation of report generated using the POS or PMS system on the meals charged by employees for personal consumption, customer entertainment or employee relations.
• Ensures all rebates and negative postings are supported by documentation detailing the charges. All rebate credits must be in accordance with Hotel Accounting Manual. The rebates, negative postings and paid outs must be summarized and sent to the Director of Finance & Business Support and General Manager for review daily
• Ensures that programs involving coupons, certificates, and vouchers are adequately controlled and safeguards are in place
• To ensure all revenue invoiced and earned captured and recorded in the PMS or accounting system on a daily basis or the cycle related to the revenue. To ensure all other revenue posting is accurate & tie to the revenue source.

aCCOUNTABILITY

• Ensure compliance to the IHG policies, procedures and statutory requirement
• Maintain accounting controls by preparing and recommending policies and procedures to improve the work flows in accounts department
• Coordinate and administrate in Control Self-Assessment audit
• Reports directly to and communicates with the Accountant on all matters pertaining to accounting and financial controls.
• Performs other duties as required

QUALIFICATIONS AND REQUIREMENTS

• Minimum Diploma or equivalent
• Able to communicate with and lead colleagues
• SOCPA Membership (Saudi Organization for Chartered and Professional Accountants) is required.