Income Auditor

3 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia IHG Hotels & Resorts Full time
Roles and responsibilities

So, we're looking for a Income Auditor to provide customer service support, balance the books and perform other essential accounting tasks to help us stay one step ahead of tomorrow during our late-night shifts.

A little taste of your day-to-day:

Every day is different, but you'll mostly be:

  • Prepares daily income report.
  • Investigates discrepancies and corrects same as indicated in Night Auditor and Restaurant Auditor's Logbook.
  • Compares the Housekeeper's Report against Night Receptionist room report. Lists the discrepancies noted and make investigation of these discrepancies and takes appropriate action.
  • Perform duties indicated in the Income Auditor check list (copy attached).
  • Supervises the activities of Assistant Income Auditor and Night Auditor.
  • Ensure completion of monthly Income Auditor check list.
  • Reports in Logbook all discrepancies for the attention of Internal Auditor and Controller.
  • Supervises and controls Restaurant Checks issues Logbook.
  • Complies with Hotel's Health, Safety & Hygiene policy.
  • Perform related duties and special projects as assigned.
  • Manage day-to-day activities, plan and assign work, and establish performance and development goals for team members. Provide mentoring, coaching and regular feedback to help manage conflict, improve team member performance, and recognize good performance.
  • Educate, train and motivate finance and accounting teams to achieve hotel revenue goals. Ensure staff has the information, market data, tools and equipment to successfully carry out job duties. Provide direction to hotel employees on how decision making impacts profits.

What We need from you:

  • Accounting and mathematics skills for accurate auditing and payment processing
  • Cash handling experience for counting and securing bank and processing cash payments
  • Computer literacy, including familiarity with PMS software
  • Strong verbal communication and good listening skills, for effective and pleasant interactions with guests and housekeeping staff
  • Customer service experience
  • Knowledge of hotel operations, offers and the local area
Desired candidate profile

Income Auditing and Revenue Reconciliation

  • Audit Income Transactions: Review and audit all revenue transactions to ensure they are accurately recorded, classified, and reconciled in accordance with accounting standards.
  • Reconcile Sales and Revenue: Reconcile daily sales, receipts, and deposits with the corresponding entries in the general ledger to ensure accuracy and completeness.
  • Cash Handling Audit: Review cash handling procedures to ensure compliance with company policies and to prevent discrepancies in cash balances.
  • Revenue Verification: Verify that income from various sources (e.g., room sales, food and beverage, retail, or services) is properly accounted for and recorded in the system.

Reporting and Documentation

  • Daily/Monthly Revenue Reports: Prepare and submit detailed daily, weekly, or monthly revenue reports to management, highlighting any discrepancies or anomalies.
  • Variance Analysis: Perform variance analysis to identify discrepancies between actual and expected revenue and flag any irregularities for further investigation.
  • Audit Findings: Document audit findings and prepare reports detailing any discrepancies, errors, or areas requiring corrective action.
  • Compliance: Ensure that all revenue and income audits comply with company policies, legal requirements, and accounting standards.

Control Over Revenue Processes

  • Internal Controls: Monitor and ensure the implementation of internal controls related to revenue collection, recording, and reporting.
  • Recommendations: Recommend improvements to internal processes, controls, and policies to enhance the accuracy and efficiency of revenue auditing.
  • Fraud Prevention: Identify and investigate any potential fraud or irregularities in revenue transactions and report findings to the appropriate authorities.

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