Income Auditor | Yas Plaza Hotels
Company Name: Yas Plaza Hotels
Qualification: ACCA, CPA, CIA, & MBA
Location: Abu Dhabi, United Arab Emirates
Salary Range: 8,000 AED – 9,500 AED
Company Size: 500 – 1000 Employees
Other Benefits: Medical Insurance | Bonus
Employment: Full Time
About Company
Located in the heart of Yas Island, with just minutes away from Yas Marina Circuit, Yas Beach, Yas Links Golf Club and the UAE’s biggest global attractions & theme parks: Warner Bros World Abu Dhabi, Ferrari World Abu Dhabi, Clymb and Yas Water World theme parks.
Job Description/Role
Job Summary
As Income Auditor Supervisor, you will examine and record all daily revenue in the General Ledger system to ensure completeness and accuracy. Generates daily revenue reports and reconciles them with cash deposits and accounts receivable movements.
Key Duties and Responsibilities
- Conducts audit of check settlements, credit card transactions, and prepares audit worksheets for food and beverage outlets and front office transactions.
- Implement financial control procedures and systems.
- Check Micros and Opera reports for accuracy and unusual transactions.
- Ensure all rates and rate codes are documented, approved, and loaded in the PMS and Reservations systems.
- Post room & tax, Opera backup, file maintenance and the close of day.
- Ensure the CFS report is balanced with Opera.
- Approves Group package breakdown/verifies Opera postings are accurate.
- Ensure all SAP ARA postings are in line with what is on Opera daily.
- Check Function sheets against what was charged on Opera daily.
- Stay up to date with evolving regulatory and market events relating to the Fixed Income businesses.
- Update credit card reconciliations daily that agree to transmissions and receipts.
- Reconcile and review all daily revenue transactions and ensure that postings are correctly applied to the right revenue and adjustment codes.
- Daily review all credit card and cash refunds ensuring that all have been investigated and are supported by appropriate backup and have management approval.
- Daily prepare the F&B void report, ensuring all supporting backup is attached.
- Review and reconcile the daily trial balance report to ensure that all revenues including telephone, spa, in-house movies, minibar, and parking revenue are correctly recorded and classified in the PMS system and are accurately reported in the General Ledger
- Review and report daily on the complimentary A&G/S&P checks, rate discrepancy reports, housekeeping discrepancy reports, and out of service room reports.
- To monitor front office rebates. Review and balance rebates, paid outs, miscellaneous charges and staff charges to the Property Management System and ensure that each account is properly authorized and has relevant explanations.
- To prepare “daily operational package” that is routed to GM, Controller, F&B Director, & Revenue Director.
- To Follow-up and report any notes raised by any signatories.
- To assist with month-end closing and subsequent analysis of bank accounts and other balance sheet accounts as directed by the Accountant.
- To prepare month end Income journal entries, according to the policy and using standard templates
- Prepare all tax related reports like Municipality and VAT.
- To assist the General Cashier in performing surprise float counts.
- Provide sufficient supervision through technical guidance and support.
Skills, Experience & Educational Requirements
- Graduate of a degree in Accountancy or any related business course.
- Minimum of two (2) years’ experience in the same capacity.
- Background in financial procedures with emphasis on Income Audit.
- Knowledgeable on Micros Opera, Sun System, Symphony POS.
- Strong analytical skills, and with attention to details.