Hotel Accounting Executive

RHC India; Makati; On-site; PHP 600,000 - 800,000; Full time

Job summary

RHC India is seeking an Hotel Accounting Executive to oversee daily financial operations, including AP/AR, statements, and regulatory compliance. The role requires strong accuracy, collaboration with departments, and auditing capabilities.

Responsibilities include budgeting, forecasting, tax payments, and managing cash flow. A bachelor’s in accounting or finance and relevant experience are preferred; CPA/CMA is advantageous.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field preferred.
• CPA or CMA certification is advantageous.
• 3–5 years in hotel accounting or related field preferred.
• Proficient with hotel accounting software and financial management systems.

Responsibilities

• Manage daily financial transactions with accuracy.
• Prepare monthly financial statements and reports.
• Oversee accounts payable and receivable processes.
• Conduct regular audits to ensure regulatory compliance.
• Reconcile bank statements and resolve discrepancies.
• Assist in budgeting and financial forecasting.
• Monitor cash flow and financial resources of the hotel.
• Ensure timely payment of taxes and obligations.
• Collaborate with department heads to optimize performance.
• Train and supervise junior accounting staff.

Skills

Analytical skills

Communication skills

Teamwork

Budgeting

Forecasting

Education

Bachelor's degree in Accounting or Finance

CPA or CMA advantage

Tools

Financial management systems

Hotel accounting software

Job description

Job Description:

Job Overview

The Hotel Accounting Executive is responsible for managing the financial operations of the hotel on a daily basis. This includes overseeing accounts payable and receivable, preparing financial statements, and ensuring compliance with financial regulations. The role involves maintaining accurate financial records, conducting regular audits, and collaborating with other departments to optimize financial performance. The primary objective is to ensure the hotel's financial health by implementing effective accounting practices and providing insightful financial analysis to support strategic decision-making.

Duties & Responsibilities

• Manage daily financial transactions and ensure accuracy.


• Prepare monthly financial statements and reports.


• Oversee accounts payable and receivable processes.


• Conduct regular audits to ensure compliance with financial regulations.


• Reconcile bank statements and resolve discrepancies.


• Assist in budget preparation and financial forecasting.


• Monitor cash flow and manage hotel’s financial resources.


• Ensure timely payment of taxes and other financial obligations.


• Collaborate with department heads to optimize financial performance.


• Maintain accurate and organized financial records.


• Implement and improve financial controls and procedures.


• Support external audits and provide necessary documentation.


• Analyze financial data to identify trends and opportunities.


• Ensure compliance with accounting standards and hotel policies.


• Train and supervise junior accounting staff.

Education & Training

• Bachelor's degree in Accounting, Finance, or a related field preferred.


• Professional certification such as CPA or CMA is advantageous.

Knowledge, Skills & Experience

• Proficiency in hotel accounting software and financial management systems.


• Strong analytical skills and attention to detail.


• Excellent communication and interpersonal skills.


• Experience in budgeting, forecasting, and financial reporting.


• Ability to work collaboratively in a team environment.


• Minimum of 3-5 years of experience in hotel accounting or a related field.