CHIEF ACCOUNTANT

Direct, control and co-ordinate the functions as designated by the Area Controller or Financial Controller and CFO as required, ensuring the hotel achieves Financial goals.

• Directs and co-ordinates all subordinate Accounting staff to ensure that all day to day transactions are completed on time and verified for management review.
•  2. To ensure that the daily report is produced accurately and on time, and balances with the Guest Ledger Debit Report.  

• To prepare all accounting and statistical information complete with variance analysis in preparation for the monthly General Manager’s report.

• To ensure that all accruals and prepayments are accurate with complete back up material on a monthly basis.

• To provide accurate reconciliation of all balance sheet control accounts with complete back up material for the Controller’s review on a monthly basis. 
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• To assist in the preparation of the hotel’s annual budget and subsequent forecasting, providing data, statistics and supporting material as required by Department Heads.
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• To ensure that month end closing is completed accurately and reports are generated within nine working days of the month end.
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• Verifies periodic surprise counts on all cash floats in the hotel done by the General Cashier.
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• To assist the Financial Controller to produce accurate set of month-end accounts, with comparisons to forecasts and previous periods.
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• To monitor monthly departmental expenditures and advise the Controller in the event that any one area is over spending.
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• 10.  To advise the Controller in the event of any bad debts or non approved credit.
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• 11.  To ensure purchasing and petty cash procedures adhere to hotel policy. 
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• Manage all phases of Accounts Payable, Receivable and department budget.
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• Verify recorded transactions and report irregularities to management.
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• Review the Accounts Receivable (A/R) Ageing reports on a daily basis.
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• Monitors and contains all property inventories to ensure proper levels without causing burdens on property cash flows.
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• Maintains files of all contracts, insurance policies, tax reports, expenses, payroll, etc.
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• Review the postings, payments, revenue and guest balance reports on a daily basis.
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• Maintain efficient administration within the department preparing and submitting operational reports on time.
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• Ensures that employees are selected, trained, evaluated, and rewarded in compliance with existing employee management systems.
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• Coaches, counsels, disciplines and develops subordinate employees.