Firas Sukarieh

•Developed a cost management plan to decrease the food and beverage cost from 35% to 28% while keeping the same product quality offered.
•Conducted an asset management plan in renovating one of the hotel rooms into a gym, which led to an increase of 5% per room daily rate. Return on investment was achieved in 2 years.
•Managed an $800/month cost saving by restructuring the accounting department.
•Increased total revenue by 10% and exceeded the budget by 2% by closely monitoring the daily sales calls and visits.
•Trained Revenue and Front Officer managers on incentive plans that led to an increase of 15% room revenue.
•Managed, coached and assisted a team of 4 inspired professionals.
•Rearranged the admin staff operating hours, which resulted in increasing productivity and saving transportation fees by 7%.
•Analyzed and suggested innovative financial strategies to encounter the eco-financial crisis and its consequences on the budget since 2019.
•Coordinated with the General Manager and 8 Head of Departments on developing both the annual and revised capital budget and profit budget.
•Established new policies and procedures that enhanced the control of assets, increased revenue by 10% and reduced expenses of the hotel by 7%.

•Promoted to Chief Accountant within 1 year.
•Monitored payroll reports of 60 employees with supporting documents and prepared the salaries' bank transfer accordingly.
•Prepared 4 monthly financial reports: Statement of Comprehensive Income, Statement of Financial Position, P&L forecast and Cash Flow Forecast.
•Achieved significant improvement in maintaining cash flow by examining Accounts Payable and Accounts Receivable Aging reports twice per month.
•Ensured compliance by reviewing corporate and individual legislative finance taxes on a monthly basis.
•Managed a team of 5 members.
•Proactively addressed potential compliance issues, resulting in reduction in overall risks.
•Ensured smooth communication and legal compliance by coordinating with the company lawyer in case of new legal decrees and legislative changes.

•Assisted controller in the end-of-month closure and reporting processes.
•Maintained data accuracy of daily JVs (Cash, Accounts receivable, and others), resulting in reduction in data errors.
•Established a transparent channel of communication with suppliers, improving professional relationships.
•Collaborated with different team members to ensure effective and efficient work in 8 departments.
•Streamlined document access by creating a system to document legal and financial files for easy retrieval.

•Developed a system to ensure all revenue departments of the hotel (Rooms, F&B outlets, Business Center, Laundry and others) are verified and audited in a timely manner.
•Ensured accuracy of F/O and H/K reports, Guest ledger balance, A/R ledger balance, and Deposit ledger balance, resulting in alignment with SUN accounting system.
•Prepared Daily Management Review Package, Weekly Key Performance Indicator, and Daily Revenue Reports.
•Improved financial accuracy by reviewing and approving all paid outs, rebates, complimentary room vouchers, House Use forms, corrections, and entertainment checks.
•Provided insights through Weekly AR analysis report.
•Followed up on credit collection on a periodic basis, reconciled and closed all bank transfers and CC transfers on Opera System.
•Established credit limits for companies and travel agencies in coordination with the sales department, resulting in improved financial control.

•Collaborated with a cross-functional pre-opening team to launch the hotel operations.
•Submitted necessary business revenue reports on a daily basis.
•Maintained essential records used by the financial department.

•Maintained a balance sheet and records that tracked all incoming funds.
•Submitted necessary business revenue reports on a daily basis.

•Handled the responsibilities of the duty manager during his absence.
•Supervised all incoming reservations to the hotel.
•Handled room assignments for all arriving guests.
•Performed front desk agent responsibilities including guest check-in/out, cashiering, and ticket confirmation.
•Coordinated with the accounting department to ensure accurate balances of guests and companies.

•Audited each revenue and expense outlet in the hotel.
•Ensured correct room rates and closed receipts, minimizing errors.
•Issued reports before and after the night audit system closure.
•Handled end-of-month system closure.
•Delivered excellent service as a front desk agent with a focus on guest satisfaction.