Income Verification Specialist
6 days ago
This Income Verification Specialist role is responsible for ensuring the accuracy and completeness of all financial transactions, including revenue recognition and recording.
Responsibilities
- Audit daily income received by the hotel and verify that all revenues are correctly recognized and recorded in the General Ledger accounting system.
- Ensure all revenues generated in the hotel are recorded accurately and discrepancies reported on a timely basis.
- Produce the daily revenue report and reconcile all revenues against cash banked and accounts receivable movements for each day.
- Verify sales from Rooms department, Food & Beverage department, and other operation departments.
- Maintain independent control of F&B menu from restaurants & bar.
- Verify voucher totals correspond with the Daily revenue report and the Food & Beverage revenue report.
- Verify guest ledger balance and total of all account detail balances for each room correspond to the system-generated guest ledger and General Ledger balance.
- File all sales voucher forms in sequence, reporting any lost and voided vouchers according to procedure.
- Prepare and distribute the daily revenue and statistics report.
- Post all transactions in the Revenue journal and post into the Allowance journal any adjustments which may occur after those sales receipts are confirmed.
- Justify F&B discounted checks, properly record into the POS system, and prepare subsequent report for hotel management.
- Comply with all revenue related requirements under Internal Control Audit Checklist.
Requirements
Minimum requirements include:
- High school diploma or equivalent and 1 year experience in an accounting clerical, front office, or accounts receivable position or similar; or an equivalent combination of education and work experience.
- Ability to speak fluent English required. Some college coursework in Accounting preferred.
- Physical demands include carrying or lifting items weighing up to 25 pounds.
- Ability to stand up and move about the front office or other designated areas.
- Good communication skills.
- Ability to handle objects, supplies, boxes of merchandise, etc.
Benefits
IHG Hotels & Resorts offers a comprehensive benefits package, including medical, dental, vision, disability, and life insurance support, as well as a matching 401(k) plan.
Why Join Us
At IHG, we're committed to providing True Hospitality for Good and making our guests and colleagues feel welcome, cared for, recognized, and respected.
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