The role aims to be recognized as a trusted finance team member. This role supports the finance lead in all training and development activities to develop best-in-class finance professionals and assists in developing their finance team. This role supports a robust control and compliance environment and contributes to implement EMEA Operations Finance innovations and projects.
What will I be doing?
The Revenue Accounting Analyst is responsible for the efficient operation, recording and control of the hotel revenue in all activities related to timely and accurate revenue recording, maintenance and control of the hotel’s revenue related accounts. Unless otherwise agreed, this role will work in accordance with the latest version of the Digital Revenue accounting SOP. Specifically, you will be responsible for performing the following tasks to the highest standards:
1. Audit the hotel daily revenue figures, supporting reports and vouchers
2. Ensure that all revenue is captured and reported
3. Review all entertainment dockets and officers checks, ensuring that all are authorized and signed and have appropriate level of detail
4. Check that complimentary rooms have been appropriately authorized
5. Audit the telephone interface report to ensure all telephone revenue has been posted
6. Ensure the relevant Front Office and Outlet reports are printed, audited and filed in date order
7. Verify transactions posted in the daily report, including but not limited to credit cards, city ledger, crew allowances, paid outs, allowances and rebates, miscellaneous charges, car park revenues, and room safe keys
8. Prepare rebate and allowance summary and rebate journal
9. Reconcile credit card charges between electronic credit card machine and Point of Sale system on a daily basis
10. Input and allocate credit card payments from bank statements, following up on any discrepancies
11. Prepare daily revenue report for the Hotel Management
12. Audit the daily cash summary prepared by the General Cashier and records the summary in the General Cashier’s Report
13. Check the Room Rate Discrepancy Report to ensure that all rate changes, upgrades etc. have been properly authorized
14. Record cashier overs/under in the relevant reports and follow up with the Outlet Managers or Front Office Manager
15. Follow up on any discrepancies, incomplete work or missing information with the relevant departments
16. Ensure all paid out vouchers have proper authorization, signatures and backup
17. Audit the daily food and beverage report and verify the cashier’s remittances to the General Cashier’s Report
18. Ensure that all restaurant and bar checks are properly accounted for
19. Ensure that all banquets and functions revenue is entered
20. To be fully conversant with the Hotel Manual Contingency Plan in case of computer system failure and ensure that all manual procedures are followed and adhered to
21. Ensure the accurate and timely input of data to the General Ledger system
22. Maintain adequate and up to date files
23. Handle all requests and inquiries in a timely and efficient manner
24. Minimize the risks of accidents and workers compensation costs by ensuring the correct work practices are used and that the area is safe from hazards
25. Flexible in relation to working hours, especially at month-end
26. To perform any additional tasks assigned to ensure that the department functions smoothly
27. Support Chief Clerk/Assistant in preparing proper documentation for balance sheet reconciliation
28. Ensure that all revenue streams are captured and reported accurately with appropriate backups to justify transactions posted
29. Ensure relevant Front Office and Outlet reports are provided on time, audited and (e-)archived in date order
30. Verify transactions posted in the daily report, including but not limited to credit cards, city ledger, paid outs, allowances and rebates, miscellaneous charges, car parking revenues, and room safe keys
31. Ensure that all paid outs and refunds are signed by guest, attached to the folio and registration card and forwarded for the necessary internal approvals as per policy
32. Monitor allowances, rebates and corrections
33. Review and balance rebates, paid outs, miscellaneous charges and Team Members’ charges in PMS and ensure that each account is properly authorized and has relevant back-ups and approvals
34. Reconcile credit card charges between electronic credit card machine and Point of Sale system on a daily basis
35. Prepare Daily Revenue Report for Hotel Management
36. Audit the daily cash summary prepared by the General Cashier and reconcile to the POS and PMS
37. Follow up with the respective department manager for any cash over or short and record the relevant transactions in the General Cashier’s Report
38. Check the Room Rate Discrepancy Report to ensure that all rate changes, upgrades etc. have been properly authorized
39. Ensure the accurate and timely input of data to the general ledger system
40. Perform cash count of house fund holders periodically and prepare a cash count summary to be used for reconciliation purposes
41. Process charge back request in timely manner
42. Monthly GL reconciliation of various accounts which pertain to Operations Audit transactions
43. Familiarize with the Hotel Manual Contingency Plan in case of computer system failure and ensure that all manual procedures are followed and adhered to
44. Perform any additional tasks assigned to ensure that the department functions smoothly
What are we looking for?
45. Ability to analyze large volume of complex financial information from many sources and create reports, forecasts, and projections
46. Strong problem solving skills, including ability to effectively address any issue in collaboration with others as appropriate
47. Ability to proactively identify and prevent potential problems
48. Ability to help develop problem solving skills among direct reports and other team members as appropriate
49. Ability to take initiative to identify, prioritize and implement all elements required for team to fulfill responsibilities
50. Detail oriented and organized
51. Ability to develop presentations and effectively present to all levels of company, hotels & owners.
52. Strong communication and negotiation skills (all levels of management and external customers)
53. Proficient in MS Excel, Word and Outlook with the ability to quickly learn new programs when required
Additional Preferences:
54. University degree in Accounting or Finance
MEANINGFUL BENEFITS FOR YOUR CAREER & WELL-BEING
We support the well-being and performance of Team Members with industry-leading rewards, recognition and support to meet their needs and dreams: Best-in-Class PTO
Go Hilton Travel Discount Program
Hotel rates as low as $40/night! Health & Welfare Benefit Plans Debt-Free Education Retirement Savings Program Employee Stock Purchase Plan Mental Wellness Support
Flexible Schedules Access to your pay when you need it
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