AR Senior Accounts Executive (Income Audit & AR)
Full-time
Senior Executive
3 days ago
1) Income Audit Function
Verify Revenue Accuracy: Check that all charges for rooms and F&B are correctly posted to guest folios. Report any dis..
1) Income Audit Function
- Verify Revenue Accuracy: Check that all charges for rooms and F&B are correctly posted to guest folios. Report any discrepancies to the FC/GM and the relevant departments (e.g., Front Office, Duty Manager, or F&B Manager) and ensure proper adjustments are made.
- Review Transactions: Examine all rebates, allowances, payouts, and manual postings to confirm they are properly approved and supported by documentation.
- Policy Compliance: Ensure hotel policies and procedures related to revenue audits, rebates, and allowances are strictly followed.
- Trial Balance Reconciliation: Perform a weekly reconciliation between the Opera system and Sun Systems.
- Guest Ledger Follow-Up: Review and address any outstanding balances in the Guest Ledger, ensuring they are transferred to the correct PM account when needed.
- Check Complimentary Use: Confirm that complimentary rooms and house-use rooms are properly approved and supported by the necessary documentation.
- Credit Card Reconciliation: Match credit card transactions between the payment terminal and POS system daily.
- Intercompany Transactions: Reconcile charges between COMO business units, ensuring they are authorized and backed by documentation before billing CMS.
2) Accounts Receivables Function
- Credit Card and Accounts Receivable
- Monitor and Reconcile Daily: Check and balance all credit card transactions for the hotel and outlets (F&B and Non-F&B) every day.
- Accounts Reconciliation: Regularly match Accounts Receivable balances to the general ledger control account.
- Debit and Credit Notes: Prepare and issue debit and credit notes daily, record them in the system, and ensure entries match the journals.
- Receipts Management: Ensure all payments are recorded in the ledger promptly.
- Dispute Handling: Investigate billing disputes and work with relevant departments to resolve them.
- Commissions Verification: Check and verify all travel agent and related commissions before approving payment.
- Billing: Send rental, FCU, and GTO invoices monthly to the respective Business Units, ensuring all required supporting documents are included.
- Reporting: Ensure all Accounts Receivable and Aging schedules are accurately prepared to facilitate a smooth month-end closing process.
3) Other tasks where required
- Assist Accountant in a variety of ad hoc and / or special assignments when required.
- Assist in process improvements, ad-hoc projects
Official account of Jobstore.
