Finance Officer

Anantara; Remote; AED 120,000 - 200,000; Full time

Job summary

A luxury hotel chain in the United Arab Emirates is seeking a Finance professional to prepare and post daily revenue journals, assist in monthly accounts processes, and ensure accurate revenue postings for the banquet department. The ideal candidate will have a bachelor's degree in Finance, experience in hospitality finance, and familiarity with hotel management systems like Opera and SUN. This role involves effective communication across departments and adherence to financial policies.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration or related field.
• Familiarity with hospitality and hotel industry is essential.
• Prior experience in Finance or Accounting roles, preferably within the hotel or hospitality industry.

Responsibilities

• Prepare and post daily revenue journals.
• Assist the Financial Accountant during monthly accounts process.
• Ensure banquet department’s revenue postings are accurate.

Skills

Hospitality knowledge

Finance and Accounting

Effective communication

Education

Bachelor's degree in Finance, Accounting, Business Administration

Tools

Opera (PMS)

SUN Systems

Micros

Job description

Job Description

• Key Responsibilities:
• Preparing and posting daily revenue journals and distributing to them the Management
• To assist the Financial Accountant during the monthly accounts process by ensuring the preparation and posting of journals
• Ensure that the banquet department’s revenue postings are correct by reconciling the banquet “Event short list” report which is provided by the banquet manager daily.
• Review of No-Show reports and ensure that all “chargeable” no-shows have been charged.
• Completing daily income audit batch and sending it for review and approval, e.g., Room complimentary, Credit card reconciliation, rate variance, discount, void report, PM report, etc.
• Prepare extension-wise telephone reports and submit them to all departments for review.
• Validate and upload daily revenue and statistics journal into SUN ensuring all revenues are captured and in balance.
• Preparation of Municipality fees reconciliation and making sure that the same is getting paid on time.
• Maintaining a record of Revenue-related accrual such as 3rd party revenue share.
• Maintaining a record of paid Gift vouchers and their monthly reconciliation.
• Making sure that SOPs are being followed and variations should be highlighted to the concerned department.
• Prepare a bank drop sheet and deposit the cash in the bank in accordance with safety rules and SOPs.
• Maintain current house bank agreements or cash float agreements.
• Maintain the Cash Receipt Journal spreadsheet.
• Research and correct any other cashiering transactions needed.
• Collect all cash/ cheque collections of the hotel from the front office drop safe daily and ensure all money is deposited in the hotel bank account in accordance with the policies and procedures laid down by the Hotel.
• Preparation and posting of petty cash expenses in a timely manner.
• Willing to learn and relieve other sections in finance, such as AP/ AR, Cost and store.

Qualifications

• A bachelor's degree in Finance, Accounting, Business Administration, or a related field is often a minimum requirement.
• Familiarity with the hospitality and hotel industry is essential.
• Prior experience in Finance or Accounting roles, preferably within the hotel or hospitality industry, is highly valued.
• Knowledge of Hotel Systems: Familiarity with hotel management systems and software used for financial reporting and analysis, such as Opera (PMS), SUN Sytems, and Micros.
• Effective communication skills to collaborate with various departments within the hotel.

Additional Information

Located in a Remote Location