Overview
- To ensure room and banquet bills are supported by proper LPO/ TA Voucher/ Authorization letter, and it must be done on daily basis.
- To send all the Invoices/ Billing on daily basis.
- To check AR Transfer against system city ledger transfer report and to make sure that all restaurant checks/ guest folios and all charges relating to AR are received daily.
- Responsible for reconciliation of Credit Card on daily basis.
- To reconcile all over 30 days accounts monthly and to take out all the paid invoices.
- To maintain an up-to-date AR Filing system.
- Applying Payments in Accounts Receivables in the respective accounts received through bank transfer, Cheque, and credit card/cash.
- Coordinate with Front Office Staff, Sales, Food & Beverage and Banqueting to ensure smooth operation.
- To Assist Credit Manager in routine operation, maintain up to date records of all Accounts Receivable accounts and assist Credit Manager in conducting monthly credit meetings with Hotel’s Management.
- Preparation of No of Days revenue in City Ledger and to ensure that the hotel standard credit policy is followed by concerned departments.
- To do the month end invoicing of Long Staying Guest, Govt, Travel Agent and Corporate accounts.
- Review and follow up paymaster account daily.
- Investigate and review late charges daily & results of such investigations to be kept in file for Credit Manager’s review.
- To follow up on the PM account with F/O and Sales in the absence of Credit Manager by personal visit and sending emails.
- To be involved in the month end closing with Credit Manager.
- Review banquet function sheets to ensure adherence to Credit Policy and all irregularities to be reported to Credit Manager.
- To print AR Aging report on every 1st for last month and to send monthly statement of account by the 1st week of every month.
- Discrepancies/Variances to be investigated and to be reported to Credit Manager.
- Follow up on credit limit report in the absence of Credit Manager.
- To ensure that all the credit card terminals are fine, credit card rolls, and stationary arranged from bank and to ensure that card receivables are paid.
- To raise all required rebates, Misc. Credit and Misc. Charge.
- To make payments and prepare for the TA Commission in the absence of superiors.
- To assist Credit Manager in routine operations, maintain up to date records of all AR Accounts.
What we need from you:
- Bachelor’s degree in accounting, finance, or a related field.
- Several years of experience in accounts receivable or a similar financial role.
- Strong leadership and team management skills.
- Proficiency in accounting software and Microsoft Excel.
- Excellent communication and interpersonal skills.
- Analytical mindset with a keen attention to detail.
- Knowledge of relevant accounting principles and regulations.
About IHG Hotels and Resorts
IHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.
With a family of 19 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmed, IHG has over 6,300 open hotels in more than 100 countries, and a development pipeline of over 2,000 properties.