Income Auditor

12 hours ago


Cape Town, South Africa HotelJobs.co.za Full time

**Main Purpose of the Job**:
The Income Auditor is responsible for ensuring that all departments within the hotel conform to the established guidelines for credit and collection policies and procedures. An Income Auditor is also required to work closely and communicate with the Sales, Catering, Convention Services, and Front Office personnel.

**Responsibilities**:

- Verifying, monitoring, and reviewing all hotel revenue reports and night audit reports.
- Ensuring that daily revenues and settlements are in balance.
- Summarizing revenue and settlement information in a Journal Entry format associated with the proper back office chart of account numbers and descriptions.
- Completing various management reports as required by accounting management depending on the needs of hotel operations.
- Completing various other accounting tasks and duties as required by accounting management
- Must be willing to work a flexible schedule in order to accomplish all major responsibilities and tasks,
- Must have a thorough working knowledge and willingness to assist in other accounting functions as assigned.
- Must have a commitment to follow all local and corporate policies and procedures as they relate to Income Audit.
- Must work in a safe, prudent, and organized manner
- Ensure that the banquet department’s revenue postings are correct and follow up on errors and discrepancies.
- Verify and/or reconcile all revenue centres as reported in the Income Journal daily.
- Review and balance rebates, paid outs, miscellaneous charges and staff charges to the Property Management System.
- Review housekeeping discrepancy report.
- Monitor rebates, allowances, house charges, and paid-out amounts to ensure that each account is properly authorized and has relevant explanations.
- Review telephone charges from in-house administration.
- Review F & B voids to verify authorization and adequate backup information.
- Balance the property management telephone postings with the call accounting system’s summary of guest charges.
- Reconcile banquet event orders with all banquet guest checks.
- Review the night audit’s balance of the food and beverage revenue against the food and beverage point of - Review the balance of all miscellaneous revenues such as the laundry, telephone, movies, and garage
- Reconcile the guest ledger, the accounts receivable, and the advance deposits. As well, the Income Auditor must prepare and record daily revenue entry or 15-day revenue summary report and generate a statistical report on the mix of sales.
- Prepare, or ensure the accuracy of, the hotel’s Daily Revenue Report.
- Prepare and maintain accurately:

- Income Journal: using a secure environment and getting a daily sign off on balanced position by Assistant Controller.
- Cash Receipts Journal
- A/R Adjustment Journal
- Assist with month-end closing and subsequent analysis of bank accounts and other balance sheet accounts as directed by the Assistant Controller.
- Ensure that all service charges (Banquet, Room Service, etc.,) paid are in line with net receipts on pay period basis.
- Approve invoices for all miscellaneous guest charges, after ensuring that guest charges were processed regularly.
- Maintain sequential control for Banquet cheques and outlet cheques.
- Ensure that Audit Trail is evident throughout all tasks.
- Perform any additional duties as assigned by the Controller or Assistant Controller, to include a participative role in Operating Equipment Inventory taking and audit of Guest Safety Deposit Boxes.

**Qualifications and Experience**
- College or University Degree in Accounting, or a relevant field of work, or an equivalent combination of education and work-related experience
- Knowledge and Experience in Accounting systems,
- Demonstrates maturity and the ability to work independently
- Has previous evidence of successfully managing external relationships,
- Strong financial planning, compliance & risk knowledge
- Excellent Communication skills
- Must have Hotel experience
- Strong cash flow management skills


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