Income Controller

NOVOTEL

Jeddah

On-site

SAR 120,000 - 180,000

Full time

2 days ago
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Job summary

NOVOTEL Jeddah is seeking a detail-oriented Income Controller to join our Finance team in Jeddah. You will review, verify and reconcile daily revenue across PMS, POS and reporting platforms to ensure accuracy and timeliness.

The role requires strong Excel skills, knowledge of GAAP/IFRS, and collaboration with Front Office, Food & Beverage and Reservations to strengthen internal controls and support month-end closing.

Qualifications

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
  • 2-3 years of professional experience in income audit, revenue control, or a similar financial role, preferably within hospitality.
  • Comprehensive knowledge of revenue streams, daily revenue reconciliation procedures, cashiering operations, and internal financial controls.

Responsibilities

  • Review and verify daily revenue reports from all operational departments and outlets ensuring accuracy and completeness.
  • Reconcile daily revenue figures across PMS, POS systems and reporting platforms to identify discrepancies.
  • Verify room revenue, food & beverage revenue, outlet sales and other income against supporting documents and system records.
  • Analyze daily transactions, discounts, refunds, rebates and voids to ensure proper authorization and recording.
  • Investigate revenue irregularities with cross-functional teams to achieve timely resolutions.
  • Prepare comprehensive daily, weekly, and monthly revenue reconciliation reports for Finance management.

Skills

Revenue reconciliation
PMS & POS knowledge
Excel proficient
GAAP/IFRS
Internal controls
Cross-functional collaboration
Audit readiness

Education

Bachelor's degree in Finance/Accounting

Tools

PMS
POS

Job description

We re looking for a detail-oriented and analytical Income Controller to join our Finance team in Jeddah Saudi Arabia In this role you ll play a critical part in ensuring the accuracy and integrity of our revenue reporting and financial controls As an Income Controller you ll be responsible for reviewing verifying and reconciling daily revenue across multiple systems and departments This is an excellent opportunity to make a meaningful impact by strengthening our financial processes and supporting our organization s growth through meticulous attention to detail and collaborative problem-solving
Review and verify daily revenue reports from all operational departments and outlets ensuring accuracy completeness and compliance with established financial procedures
Reconcile daily revenue figures across the Property Management System PMS Point of Sale POS systems and financial reporting platforms to identify and resolve discrepancies
Verify room revenue food and beverage revenue outlet sales and other operational income streams against supporting documentation and system records
Analyze daily transactions discounts complimentary items voids refunds allowances and rebates to ensure proper authorization and accurate recording in accordance with company policies
Investigate revenue irregularities and discrepancies with a collaborative approach coordinating with relevant departments to achieve timely and effective resolution
Verify the accuracy of payment transactions and reconcile cash credit card and alternative payment methods against daily revenue reports
Review cashier reports cash deposits and outlet closing procedures to ensure adherence to established internal controls and financial safeguards
Monitor revenue posting procedures and ensure that all income is recorded in the correct accounts and accounting periods
Prepare comprehensive daily weekly and monthly revenue reconciliation reports highlighting significant variances and trends to Finance management
Maintain organized and accessible documentation of revenue-related records reports and supporting materials to facilitate audit readiness and compliance
Work collaboratively with Front Office Food amp Beverage Reservations and other operational teams to ensure transparent and accurate revenue reporting
Support month-end and year-end closing activities by verifying revenue accruals reconciliations and relevant financial records with precision
Identify control weaknesses and inefficiencies in revenue procedures recommending innovative improvements to minimize revenue leakage and strengthen internal controls
Ensure full compliance with company policies financial procedures audit requirements and applicable regulations
Bachelor's degree in Finance, Accounting, Business Administration, or a related field Minimum 2-3 years of professional experience in income audit, revenue control, income control, or a similar financial role, preferably within a hospitality, retail, or corporate environment Comprehensive knowledge of revenue streams, daily revenue reconciliation procedures, cashiering operations, and internal financial controls Proficiency with hotel management systems (PMS), Point of Sale (POS) systems, and financial reporting software Advanced proficiency in Microsoft Excel, including pivot tables, VLOOKUP, and financial data analysis Strong understanding of accounting principles, GAAP/IFRS standards, and audit procedures Excellent numerical, analytical, and problem-solving skills with the ability to identify patterns and discrepancies Exceptional attention to detail, accuracy, and integrity when handling sensitive financial information Strong written and verbal communication skills in English Demonstrated ability to collaborate effectively with cross-functional teams in a transparent and inclusive manner Proven capability to manage multiple priorities, meet tight deadlines, and work efficiently in a fast-paced environment Experience preparing and presenting financial reports to management Knowledge of internal controls, risk management, and compliance requirements Ability to work independently while remaining a supportive team member Strong organizational and time management skills

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