Teller Cashier

Reporting to Cluster Director of Finance, responsibilities and essential job functions include but are not limited to the following:

• To ensure that the Accounting Department operates smoothly and efficiently while adhering to standards required by corporate policies.
• To assist with monthly forecast preparation.
• To monitor the completion and distribution of daily in-house reports (F&B, Rooms segmentation, flash, and Labour).
• To reconcile and monitor all balance sheet accounts according to the policy.
• To assist with the preparation of the hotel’s staffing guides.
• To be responsible for the monthly Journal and closing entries.
• To assist with the preparation of the Hotel’s budget.
• To be responsible for month-end deadlines and schedules.
• To be responsible for the training, development, and motivation of Accounting staff.
• To be familiar with all Hotel operating systems and software including Financial System, PMS, Reporting System, and Excel.
• To help with the administration of gratuities (if required).
• To administer rental and tenant contracts.
• To monitor front office rebates and prepare daily operational packages that are routed to GM and Director.
• To cross-train accounting staff in order to cover the General Cashier and Income Auditor positions.
• To compile month-end statistical information for financial statements.
• To prepare month-end journal entries, according to the policy and using standard templates.
• To assist the General Cashier in performing surprise float counts.
• To assist in General Cash and Income Audit functions, as required.
• To arrange stop payments and monitor bank deposits.
• To ensure that all employees report to duty punctually.
• To help build an efficient team of employees who are properly trained.
• To maintain good working relations with colleagues and other departments.
• To conduct employee performance interviews.
• Other tasks as assigned by Cluster Director of Finance.

Qualifications

• Accounting designation or enrollment in a recognized Accounting Program.
• Previous hotel accounting experience at a supervisory/managerial level (Minimum 2 years preferred).
• Ability to motivate employees.
• Familiarity with financial systems, Lanmark, Fidelio, Reporting System, Micros POS, and Excel.

Desired candidate profile

• Prepare Financial Statements: Generate monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements, in accordance with GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting Standards).
• Ensure Accuracy: Ensure that all financial reports are accurate and complete, reconciling discrepancies and identifying errors in financial data.
• Financial Analysis: Analyze financial data to provide insights into the company’s performance, profitability, and financial stability, helping management make informed decisions.
• Internal Controls: Monitor and enforce internal controls to ensure financial reporting is compliant with regulatory standards and organizational policies.
• General Ledger Reconciliation: Oversee and manage the general ledger, ensuring all accounts are properly reconciled and accurate.
• Journal Entries: Prepare and review journal entries, ensuring proper coding of transactions and compliance with company policies.
• Account Maintenance: Maintain accurate records of all financial transactions and ensure proper classification of expenses, revenue, assets, and liabilities.

3. Budgeting and Forecasting

• Prepare Budgets: Assist in the preparation of annual budgets by reviewing past performance, revenue trends, and expenditures.
• Monitor Budget Performance: Track and report on budget performance, identifying variances and providing recommendations for adjustments.
• Financial Forecasting: Prepare financial forecasts to help management predict future financial performance based on trends and data analysis.

4. Tax Compliance and Reporting

• Tax Filings: Ensure timely and accurate preparation of corporate tax returns (e.g., income tax, sales tax, VAT) and oversee compliance with all applicable tax regulations.
• Tax Planning: Work with tax consultants or external accountants to optimize the company’s tax position and ensure compliance with local, state, and federal tax laws.
• Audit Support: Provide information and documentation needed during internal and external audits to ensure compliance with tax laws.

5. Accounts Payable and Receivable Oversight

• Accounts Payable: Review and approve accounts payable transactions to ensure accuracy and compliance with company policies.
• Accounts Receivable: Oversee accounts receivable processes, ensuring proper invoicing, collections, and management of overdue accounts.
• Cash Flow Management: Monitor cash flow to ensure sufficient funds are available for daily operations, capital expenditures, and debt obligations.

Key Skills

Cost Accounting, Accounting Topics, Accounting & Finance Professional Skills

Employment Type: Full-time

Department / Functional Area: Accounting