• Assist in managing revenues received and dispersed including accounts receivable, accounts payable, payroll, audit, General Ledger reporting.
• Cash handling functions for the hotel and reconcile all cash dropped at the front desk.
• Assist with analyzing financial statements on a monthly basis and report any variances to the concerned department heads.
• Assist with financial and tax audits.
• Assist with preparing tax returns and corporate reporting requirements.
• Assist financial Controller with completing the year-end audit process.
• Review and approve all reconciliation and audit work papers.
• Post city ledger payments in property management system reconcile and bill all city ledger accounts.
• Perform follow-up billing and credit collection documentation and inform Controller of any potential uncollected accounts.
• Reconcile credit card back-up to General Cashier Summary and inform Controller of any discrepancies.
• Reconciles bank statements.
• Prepare wire transfer confirmations for reimbursable invoices.
• Prepare credit card authorizations for Visa, Master, etc. and send to vendors.
• Verify if credit card service charge is billed correctly for all credit card transactions.
• Reviewing all ledger details guest ledger, city ledger and deposit ledgers to validate proper payment and revenue posting.
• If any imbalance or difference found on the ledger then co-ordinate with the team to resolving the same.
• Review the postings, payments, and revenue guest balance reports on a daily basis.
• Maintains accounting databases by entering data into the accounting program.
• Assists with reimbursable invoicing.
• Set up new accounts in accordance with established credit policy.