Accounts Executive - Income Audit - M Hotel Singapore

MILLENNIUM & COPTHORNE INTERNATIONAL LIMITED; Singapore; On-site; SGD 35,000 - 55,000; Full time

Job summary

A prestigious hotel in Singapore is seeking an Accounts Executive – Income Audit to oversee revenue auditing and compliance with SOPs. The role involves preparing daily reports, conducting cash counts, and ensuring accuracy in all revenue postings. Ideal candidates will possess a degree in Accounting or Finance and have experience in the hotel sector.

Qualifications

• Experience in auditing revenue, especially in the hotel industry.
• Knowledge of Opera and Sun Systems preferred.
• Ability to manage multiple responsibilities and meet deadlines.

Responsibilities

• Prepare daily revenue reports for management.
• Conduct surprise cash counts and reconciliation tasks.
• Review revenue postings for accuracy and compliance with SOPs.

Skills

Attention to detail

Analytical skills

Problem-solving

Education

Degree in Accounting or Finance

Job description

Position Summary

The Accounts Executive – Income Audit is responsible for auditing the hotel’s revenue. They review postings by operations (Rooms and F&B) to ensure compliance with hotel and head office SOPs.

Responsibilities

1. Prepare the daily revenue report for hotel management and head office.
2. Conduct surprise monthly cash counts on all floats.
3. Review and follow up on outstanding balances in the guest ledger.
4. Perform trial balance reconciliation in Opera interface to Sun Systems.
5. Review revenue reports (e.g., rate check, no-shows, cancellations, late check-outs) for completeness.
6. Ensure all complimentary and house use rooms are approved by management.
7. Ensure waiver of no-shows for rooms complies with SOPs.
8. Review postings for room revenue in Opera and F&B revenue in POS for accuracy and completeness.
9. Ensure all revenue adjustments in Opera are supported by documentation.
10. Review banquet event billings for compliance with BEO instructions.
11. Perform daily revenue transfer for banquet events.
12. Ensure F&B void reports and OC/ENT checks comply with SOPs.
13. Ensure timely processing of credit card and website payment refunds with supporting documentation.
14. Perform any other ad-hoc assignments as required.