General Accountant - Preferably Income Background
Accor
Date: 6 hours ago
City: Dubai
Contract type: Full time
Job Description
We are seeking a detail-oriented and experienced General Accountant with a strong background in income and revenue accounting. This role plays a critical part in ensuring the accuracy and integrity of our financial reporting related to revenue streams.
Financial Recordkeeping
We are seeking a detail-oriented and experienced General Accountant with a strong background in income and revenue accounting. This role plays a critical part in ensuring the accuracy and integrity of our financial reporting related to revenue streams.
Financial Recordkeeping
- Maintain accurate and up-to-date financial records, including daily transactions, journal entries, and ledgers.
- Ensure all hotel revenues and expenses are correctly recorded in accordance with accounting principles.
- Perform daily, weekly, and monthly bank reconciliations.
- Oversee accounts payable and receivable processes, ensuring timely payment of invoices and collection of outstanding amounts.
- Reconcile supplier and guest accounts and resolve any discrepancies.
- Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
- Assist in budget preparation and financial forecasting.
- Provide timely financial reports to hotel management and stakeholders.
- Support internal and external audits by providing necessary documentation and explanations.
- Ensure compliance with hotel policies, tax laws, and other financial regulations.
- Monitor financial transactions to detect and prevent errors, fraud, or irregularities.
- Review and analyze operational costs and financial data to identify areas for cost reduction.
- Assist in the implementation of financial controls and procedures to optimize resource allocation.
- Prepare and file tax returns, ensuring compliance with all local and national tax regulations.
- Coordinate with tax consultants to ensure timely tax submissions.
- Collaborate with other hotel departments, such as sales, marketing, and operations, to ensure proper allocation of revenue and expenses.
- Provide financial insights and guidance to help departments achieve their financial goals.
- Utilize hotel accounting software (e.g., Sun Systems, Opera) to manage financial transactions and reporting.
- Assist with system upgrades, troubleshooting, and ensuring the smooth operation of accounting systems.
- Act as secondary income auditor in case the income auditor is on leave or absent
- To provide friendly, courteous and professional service at all times.
- To comply with local legislation as required.
- To respond to any changes in the department as dictated by the needs of the hotel.
- To be flexible and extend job duties to carry out any other reasonable duties and responsibilities within the job capability as assigned, including redeployment to alternative departments/areas if required, to meet business demands and guest service needs.
- To attend training and meetings as and when required.
- Carry out month end procedures related to revenue collections and reconciliations
- Record and monitor all revenue and income-related transactions accurately and in a timely manner.
- Prepare monthly, quarterly, and annual revenue reports and analysis.
- Reconcile income accounts and investigate any discrepancies or variances.
- Maintain documentation supporting income recognition and adjustments.
- Ensure compliance with relevant accounting principles and internal policies.
- Work closely with the sales and operations teams to validate the accuracy of revenue data.
- Assist in the month-end and year-end closing processes.
- Participate in internal and external audits, providing necessary documentation and explanations for income-related accounts.
- Support budgeting and forecasting processes, especially revenue projections.
- Recommend and implement process improvements related to revenue accounting.
- Bachelor's degree in Accounting, Finance, or a related field.
- Professional certification (e.g., CPA, CMA) is a plus.
- 2–5 years of accounting experience, with a strong focus on income/revenue accounting.
- Solid understanding of accounting principles and revenue recognition standards.
- Experience with accounting software (e.g., SAP, Oracle, or similar ERP systems).
- Proficient in Microsoft Excel and other financial analysis tools.
- Strong attention to detail, organizational, and analytical skills.
- Ability to work independently and collaboratively in a team environment.
- Service focused personality is essential
- Previous experience in a similar role is an asset
- Strong interpersonal and problem-solving abilities and the ability to lead by example.
- Familiarity with tax regulations relating to income and revenue.
- Knowledge of internal controls and risk management practices.
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