Regional Financial Accountant - ME & SSA
Rezidor Hotel Group
Total years of experience :16 years, 8 Months
Prepare & Review the books -to ensure they accurately reflect the operating results of the organization. Also organize company books and records in preparation for the annual outside audit of the organization.
Offers feedback and advice to the senior management, particularly relating to asset quality, liability, positioning of
Duties:
Preparing financial statements, business plans, commentaries and budgets for management.
Regularly undertaking audits, involving the examination of the organization’s accounts, analyzing risk, inspecting the organization’s current practices, investigating any financial irregularities and recommending improvements;
Reviewing, implementing and adapting new and existing financial systems and controls;
Producing and analysing annual and monthly accounts;
Providing regular financial reports, as and when they are needed;
Managing expenditure, credit, payroll and investments;
Liaising with clients (individuals or businesses) or non-financial members of staff, providing financial information and advice.
Advising managers on financial policy and control, such as the costs and benefits of a particular project;
Other Task:
To ensure all transactions are correct and liabilities should be paid in a timely manner.
To ensure all postings/ledgers are verified.
To ensure all cost are planned and forecasted.
To ensure Monthly reconciliation of Intercompany balances.
To ensure all GM expenses for ME are based on approved budget.
To ensure all accounting principles are in compliance.
Assisting the company for Licensing & Visas
Responsible for Accounts Receivables and Income Audit.
To ensure all transactions are correct and verify all negative postings.
To ensure all market code are tallying with the rate given. Rate variance report should properly checked.
Ensure complimentary and house use are valid and signed by GM.
Ensure all NO SHOW are properly documented and charged by reception.
Ensure credit limit is not exceeding or negative balance in guest ledger report should be discussed with FOM
Ensure all PM’s Folio arechecked on a daily basis.
To ensure all city ledgers are transferred and rate given is tallying with the confirmed rate.
To ensure all necessary LPO’s and back ups are attached. (Vouchers/receipts and signature of guests).
To ensure City ledgers must go in a daily basis.
To ensure aging summary are in accordance with the credit terms given.
To ensure follow ups are made for past due accounts and discussed it through monthly credit meeting to concerned person.
Other Task.
Responsible for doing JV’s, GL, and assisting Financial Controller for preparation of monthly closing report.
Involved of doing the Budget and Forecast Report .
Bank Reconciliation
Conducting an Internal Audit..
Making SOP’S
Verifying all payments in the absence of Financial Controller.
To ensure all contracts are properly filed and to ensure the tickle date are checked.
Replacement in the absence of Gen. Cashier or Pay Master or purchaser.
Verifies all transactions to city ledger with corresponding backups/ LPO's/ Vouchers & registrations cards
Making sure that all credit card transactions in front office is transferred to the city ledger.
Check all the check-outs which are closed to the city ledger are received daily
Daily credit card reconciliation has to be prepared on a daily basis.
Any discrepancy such as undercharge charge or overcharge has to be resolved on same day with proper approvals.
Generating Daily Credit Invoices.
Issue Invoice on exact time and making sure that the amount is based on the contract, function sheet, local purchase order or voucher made by the travel agency.
To ensure that all necessary backups were attached and charges are correct
Responsible for collection and making follow up by means of calls and sending a reminder letter for the outstanding due amount.
Responsible for reconciling the payments.
By Bank Transfer, cash, or credit card payments.
Responsible for balancing the aging summary in daily basis
Responsible for the Credit Card Commission and Room Commission
Responsible for all aspects of accounts.
To ensure all transaction from front office related to accounts are verified and checked on a daily basis
To ensure all payables & receivables are correct, dispatched & prepared on time.
To ensure all journals prepared are correct.
Prepare and check all month end closing report.
To ensure the balance sheet is tally and correct.
School :
courses: Review of Certification of Managerial Accounting