Job Summary
It’s your job to keep track of every financial transaction in the hotel to make sure that all incoming and outgoing money is accurately recorded and handled. If there are any discrepancies, you’ll have to investigate and correct them, or report the reason why they happened, such as mistake or fraud. You’ll also be handling wage and salary calculations and payments, too. You’ll be based at the hotel, unless you work for a large hotel group, in which case you might be based at head office with responsibility for a specific property.
Responsibilities
Controlling the payroll
Producing an accurate set of month-end accounts, with comparisons to forecasts and previous periods
Preparing profit and loss accounts and the balance sheet for senior management
Assisting in preparing budgets and business planning, including projected room revenue
Reconciling bank statements
Ensuring legislation is followed regarding VAT and PAYE
Chasing late payments, reporting bad debts and keeping a careful eye on the cash flow
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