General Accountant - Preferably Income Background

Job Description

We are seeking a detail-oriented and experienced General Accountant with a strong background in income and revenue accounting. This role plays a critical part in ensuring the accuracy and integrity of our financial reporting related to revenue streams.

Financial Recordkeeping:

• Maintain accurate and up-to-date financial records, including daily transactions, journal entries, and ledgers.
• Ensure all hotel revenues and expenses are correctly recorded in accordance with accounting principles.
• Perform daily, weekly, and monthly bank reconciliations.

Accounts Payable & Receivable:

• Oversee accounts payable and receivable processes, ensuring timely payment of invoices and collection of outstanding amounts.
• Reconcile supplier and guest accounts and resolve any discrepancies.

Financial Reporting:

• Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
• Assist in budget preparation and financial forecasting.
• Provide timely financial reports to hotel management and stakeholders.

Audit & Compliance:

• Support internal and external audits by providing necessary documentation and explanations.
• Ensure compliance with hotel policies, tax laws, and other financial regulations.
• Monitor financial transactions to detect and prevent errors, fraud, or irregularities.

Cost Control:

• Review and analyze operational costs and financial data to identify areas for cost reduction.
• Assist in the implementation of financial controls and procedures to optimize resource allocation.

Taxation:

• Prepare and file tax returns, ensuring compliance with all local and national tax regulations.
• Coordinate with tax consultants to ensure timely tax submissions.

Liaison with Other Departments:

• Collaborate with other hotel departments, such as sales, marketing, and operations, to ensure proper allocation of revenue and expenses.
• Provide financial insights and guidance to help departments achieve their financial goals.

Systems and Software Management:

• Utilize hotel accounting software (e.g., Sun Systems, Opera) to manage financial transactions and reporting.
• Assist with system upgrades, troubleshooting, and ensuring the smooth operation of accounting systems.
• Act as secondary income auditor in case the income auditor is on leave or absent.

Additional Responsibilities:

• Provide friendly, courteous and professional service at all times.
• Comply with local legislation as required.
• Respond to any changes in the department as dictated by the needs of the hotel.
• Be flexible and extend job duties to carry out any other reasonable duties and responsibilities within the job capability as assigned.
• Attend training and meetings as required.
• Carry out month-end procedures related to revenue collections and reconciliations.
• Record and monitor all revenue and income-related transactions accurately and in a timely manner.
• Prepare monthly, quarterly, and annual revenue reports and analysis.
• Reconcile income accounts and investigate any discrepancies or variances.
• Maintain documentation supporting income recognition and adjustments.
• Ensure compliance with relevant accounting principles and internal policies.
• Work closely with the sales and operations teams to validate the accuracy of revenue data.
• Assist in the month-end and year-end closing processes.
• Participate in internal and external audits, providing necessary documentation and explanations for income-related accounts.
• Support budgeting and forecasting processes, especially revenue projections.
• Recommend and implement process improvements related to revenue accounting.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional certification (e.g., CPA, CMA) is a plus.
• 2–5 years of accounting experience, with a strong focus on income/revenue accounting.
• Solid understanding of accounting principles and revenue recognition standards.
• Experience with accounting software (e.g., SAP, Oracle, or similar ERP systems).
• Proficient in Microsoft Excel and other financial analysis tools.
• Strong attention to detail, organizational, and analytical skills.
• Ability to work independently and collaboratively in a team environment.

Additional Information:

• Service-focused personality is essential.
• Previous experience in a similar role is an asset.
• Strong interpersonal and problem-solving abilities and the ability to lead by example.
• Familiarity with tax regulations relating to income and revenue.
• Knowledge of internal controls and risk management practices.