·Review the postings, payments, revenue and guest balance reports on a daily basis.
·Ensure that all statutory details (PAN, GST NO, TAX NO, Company Registration no. Etc.) are displayed on the guest invoices and bills.
·Ensuring that cash flows are adequate to allow business units to operate effectively.
·Maintain banking relationships and negotiating loans and merchant services for business units.
·Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management.
·Ensures that each section of the Accounting is managed efficiently, maximising utilisation of technology.
·Monitors and liaises with insurance brokers with regards to claims.
·Reviews all Purchase Requests to ensure that the correct charts of account codes are used.
·Maintains and programs Master Keys for the hotel, to print key movement reports for investigation and to back-up historical keys' data on a regular basis.
·Reviews and approves General Cashiers Report ensuring that all receipts are intact and remitted to the bank promptly.
·Ensure all disbursements and claims are supported by necessary documents and processed timely.
·To check all accounting journals prepared by individual.
·To review all accounting data, ratio, cost percentage, aging, turnover rate etc. and bring to the attention of Financial Controller for abnormalities.
·To assist in the preparation and submission of Returns and Reports to government authorities, owner, Regional Office, Corporate Office and for internal distribution.
·Checks and approves all Petty Cash claims/reimbursements.
·Approves travel agent commissions via World Travel Payment (WTP) program.
·Approves all IOUs and liaise with the general cashier to ensure that they are cleared on time.
·Checks and monitors the Manual Check record book to ensure that the running sequence is accounted for.
·Ensures that all travel agents’ commissions’ payments are on time.
·Ensure all Foreign remittance for supply of goods or otherwise on time.
·Reviews and approves all Journal Vouchers.
·Reviews all Balance Sheet accounts ensuring schedules are prepared on time and accurately.
·Reviews the financial results after closing.
·Reviews and monitors the monthly cash flow so that an optimal cash position is achieved.
·Review the reports compiled by Cost Auditor and liaise with the Materials Manager to ensure proper procedures and control of inventories.
·Monitor requirements set out in management agreement checklist.
·Maintains files of all contracts, insurance policies, tax reports, expenses, payroll, etc.
·Performing numerical analysis of data and formulating conclusions and/or solutions.
·Keep and to safeguard all contracts, leases insurance policies and all legal and financial documents.
·Obtain the requisite licenses for foreign exchange dealing, imports, liquor and so forth from the appropriate regulatory authorities.
·Administer Hyatt and local insurance matters in conjunction with Hyatt International’s and locally appointed insurance agents.
·Administer the Information System section and to ensure that the hotel computer system and its software are fully utilized well safeguarded, properly maintained and all licenses are up to date.
·Handles valuable 'Lost and Found' items and liaises with Security for disposal as per the hotel’s policy.
·Participates in the monthly Financial Review and Credit meetings.
Graduation/Post Graduation