Job Description

What you will do:

Financial Recordkeeping:

Maintain accurate and up-to-date financial records, including journals, ledgers, and balance sheets.

Process all daily financial transactions such as guest payments, vendor invoices, and payroll.

Reconcile accounts, including bank accounts, credit card transactions, and petty cash.

Financial Reporting:

Prepare and submit monthly, quarterly, and annual financial statements (balance sheet, income statement, and cash flow reports).

Assist in the preparation of the hotel's annual budget and forecast reports.

Ensure compliance with financial regulations, hotel policies, and internal controls.

Accounts Payable & Receivable:

Manage accounts payable and receivable, ensuring that payments are made on time and properly recorded.

Monitor and follow up on outstanding guest bills and vendor payments.

Process refunds, adjustments, and account inquiries.

Payroll & Taxation:

Oversee the preparation and distribution of payroll for hotel staff.

Ensure compliance with applicable tax laws and regulations, including the calculation and remittance of payroll taxes.

Prepare tax returns and financial statements for review by auditors.

Cost Control & Financial Analysis:

Track hotel expenses and revenue, and assist in identifying areas for cost control.

Conduct financial analysis and provide insights to management to improve operational efficiency and profitability.

Ensure accurate cost allocation to departments (e.g., food & beverage, housekeeping, etc.).

Audit Support:

Assist in the preparation for internal and external audits.

Ensure that all necessary financial documentation is organized and available for audit purposes.

Cash Management:

Oversee the hotel's cash flow, ensuring that sufficient funds are available for daily operations.

Ensure the accurate and timely deposit of cash receipts and monitor cash handling procedures.

Compliance & Record Keeping:

Ensure adherence to local, state, and federal tax regulations.

Ensure compliance with accounting standards (GAAP or IFRS) and hotel industry best practices.

Maintain confidentiality of financial data and hotel records.

Job Types: Full-time, Permanent, Fresher

Pay: AED1,500.00 - AED2,000.00 per month