Income Auditor
About the job
Job Responsibilities
Manages the income auditor function within finance and ensures implementation of company’s accounting policies and processes, RCM – Risk Control Management and taxation and statuary norms in day to day operations, assisting the hotel in accurate reporting of financial and maximising profitability and achieve desired financial results.
· Generates and provides accurate and timely Daily Revenue Report to the management
· Audit and reconcile all revenue & tax postings and ensure all the interfaces POS, PMS and Orion are tallying
· Verifies City Ledger bills and check all the invoices are supported with the required supporting documents
· Check Rate Variance Report to ensure the correct rate codes are being used properly as per contract and minimize the adhoc rate report
· Check and ensure all the no show, cancellation, early check in, late checkout, extra bed are charged correctly and the payments are collected
· Check all the revokes are approved, documented and posted in correct revenue codes
· Complimentary and House Use rooms are approved and document properly
· Preparing all the month end reports as per the TPAM requirement
· Provide training to FO, F&B & Sales departments regarding the policies & processes to be followed
Manages the income auditor function within finance and ensures implementation of company’s accounting policies and processes, RCM – Risk Control Management and taxation and statuary norms in day to day operations, assisting the hotel in accurate reporting of financial and maximising profitability and achieve desired financial results.
· Generates and provides accurate and timely Daily Revenue Report to the management
· Audit and reconcile all revenue & tax postings and ensure all the interfaces POS, PMS and Orion are tallying
· Verifies City Ledger bills and check all the invoices are supported with the required supporting documents
· Check Rate Variance Report to ensure the correct rate codes are being used properly as per contract and minimize the adhoc rate report
· Check and ensure all the no show, cancellation, early check in, late checkout, extra bed are charged correctly and the payments are collected
· Check all the revokes are approved, documented and posted in correct revenue codes
· Complimentary and House Use rooms are approved and document properly
· Preparing all the month end reports as per the TPAM requirement
· Provide training to FO, F&B & Sales departments regarding the policies & processes to be followed
- Department: Finance & Accounting