Senior Hotel Accountant & Financial Controls Lead

Chedi Hospitality; Muscat; On-site; OMR 12,000 - 18,000; Full time

Job summary

The Chief Accountant at Chedi Hospitality is responsible for managing the hotel's day-to-day accounting operations, ensuring accurate financial records, timely reporting, and strong financial controls in line with company policies and applicable accounting standards.

Reporting to the Director of Finance, the role supports internal controls and the integrity of the hotel’s financial information, coordinating with other departments to safeguard assets and ensure compliant financial processes.

Responsibilities

• Manage the day-to-day accounting activities of the hotel
• Ensure all financial transactions are accurately recorded and properly supported
• Maintain the general ledger and accounting records
• Review journal entries accruals provisions and adjustments
• Ensure accurate and timely posting of all financial transactions
• Monitor and reconcile balance sheet accounts
• Ensure proper filing and maintenance of financial documentation
• Coordinate the month-end closing process
• Ensure all revenue expenses accruals provisions and adjustments are recorded accurately
• Prepare and review month-end schedules and reconciliations
• Assist in preparing year-end financial statements and supporting schedules
• Ensure closing deadlines are met in accordance with company requirements
• Supervise Accounts Payable and Accounts Receivable activities
• Ensure supplier invoices are properly verified approved and recorded
• Monitor supplier balances and payment schedules
• Ensure timely collection and reconciliation of receivables
• Review outstanding balances and follow up on overdue accounts
• Maintain accurate vendor and customer accounts
• Review daily hotel revenue reports and supporting documents
• Ensure revenues from Rooms Food & Beverage Spa Events and other departments are accurately recorded
• Reconcile revenue between the PMS POS and accounting system
• Investigate discrepancies and ensure corrective action is taken
• Monitor cash credit card bank and other payment transactions
• Ensure appropriate controls over cash handling and revenue collection
• Review daily cash reports and bank transactions
• Prepare and review bank reconciliations
• Monitor cash balances and ensure proper cash controls
• Investigate and resolve discrepancies promptly
• Ensure compliance with hotel cash-handling procedures
• Prepare financial reports and schedules as required
• Provide accurate financial information to the Director of Finance Financial Controller
• Assist with monthly financial reporting and management accounts
• Analyze significant variances and provide explanations
• Support management in understanding financial performance
• Assist in the preparation of the hotel s annual budget
• Support monthly forecasting and financial planning
• Monitor actual results against budget and forecast
• Identify significant variances and communicate them to management
• Assist departments in maintaining effective budgetary control
• Ensure effective internal financial controls are maintained
• Monitor compliance with hotel policies procedures and financial controls
• Support internal and external audits
• Provide requested documentation and financial schedules to auditors
• Identify control weaknesses and recommend corrective actions
• Ensure compliance with applicable accounting standards and local statutory requirements
• Work closely with Cost Control Purchasing Stores and operational departments
• Review inventory records and stock reconciliations
• Support monthly stocktaking and investigate discrepancies
• Monitor food beverage and other operational costs
• Ensure proper recording of inventory movements and adjustments
• Coordinate with HR and Payroll to ensure accurate payroll accounting
• Review payroll-related journal entries and reconciliations
• Ensure staff-related expenses and provisions are properly recorded
• Maintain confidentiality of employee financial information
• Supervise and guide the accounting team
• Allocate responsibilities and monitor work progress
• Review the team s work for accuracy and completeness
• Train and develop finance colleagues
• Promote teamwork accountability and professional standards

Job description

The Chief Accountant at Chedi Hospitality is responsible for managing the hotel's day-to-day accounting operations, ensuring accurate financial records, timely reporting, and strong financial controls in line with company policies and applicable accounting standards.

Reporting to the Director of Finance, the role supports internal controls and the integrity of the hotel’s financial information, coordinating with other departments to safeguard assets and ensure compliant financial processes.