Chief Accountant Controls, Income Audit & Cost 25HOURS HOTELS

Job Description

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Income Audit & Revenue Assurance

Oversee daily income audit for all revenue streams (Rooms, F&B, Spa, Other Departments, ancillary revenues).

Ensure accurate reconciliation between PMS, POS, interfaces, credit card terminals, and the general ledger.

Review and approve daily revenue reports, control sheets, and summaries before submission to management.

Monitor and verify Rate codes, packages, and promotions, Complimentary rooms, house use, staff rates, discounts, and rebates, No-shows, early departures, and late charges, City ledger transfers, PM accounts, and routing instructions

Investigate revenue discrepancies, negative postings, voids, and manual corrections; ensure proper explanations and approvals.

Work closely with Front Office, Reservations, and F&B to strengthen revenue controls and reduce leakages.

Support implementation and compliance with USALI / brand standards for revenue recognition and classification.

Cost Control & Inventory Management

Lead the hotel’s F&B and operating cost control function.

Oversee receiving, storing, issuing, and stock control of food, beverage, and other operating supplies.

Review purchase requests and purchase orders for reasonableness, proper approvals, and budget alignment.

Ensure accurate costing of recipes, standard portions, and menu engineering data in coordination with the Executive Chef and F&B Manager.

Analyse theoretical vs. actual food and beverage cost; investigate variances and propose corrective actions.

Coordinate and supervise monthly and ad-hoc stock counts for all stores and outlets; validate count sheets and investigate discrepancies.

Monitor spoilage, breakage, wastage, and transfers between outlets; ensure these are properly recorded and authorized.

Provide cost analyses to support menu pricing, promotions, and product mix decisions.

Internal Controls, Compliance & Audit

Design, implement, and maintain effective internal controls over revenue and cost processes in line with hotel/ brand SOPs, Owners’ requirements and External / internal audit and corporate standards

Act as finance lead for audit items related to income audit, F&B controls, and inventory.

Coordinate and follow up on internal and external audit findings; ensure timely closure of action plans.

Ensure compliance with local regulations (e.g., VAT/tax implications on revenue, service charge, and discounts) in coordination with the Financial Controller.

Prepare and update SOPs and checklists for income audit, cost control, and F&B controls; ensure these are communicated and implemented operationally.

Reporting & Analysis

Provide daily, weekly, and monthly analysis on:

Revenue trends and anomalies

F&B and other cost of sales performance vs. budget and last year

Stock variances and wastage

Promotions and packages profitability

Contribute to monthly P&L review, especially for Revenue classification and correction and  F&B cost of sales and other operating expenses related to inventory

Support budgeting and forecasting processes with robust data and insights on revenue and cost assumptions.

Systems & Process Improvement

Act as process owner for PMS/POS revenue-related setups (rate codes, packages, discounts, privileges, etc.) from a control perspective.

Drive automation and simplification of income audit and cost control reports (Excel, BI tools, system exports).

Continuously review workflows to improve accuracy, efficiency, and control without creating unnecessary bureaucracy.

People Management & Cross-Functional Collaboration

Lead and develop the Income Auditor(s), Cost Controller, Storekeepers, and other related team members.

Provide on-the-job training for Front Office, Reservations, F&B, and Stores teams on revenue and cost control procedures.

Foster a strong control culture while maintaining supportive relationships with operations.

Act as the main finance contact for department heads on any revenue / cost control or audit-related matters.

Qualifications

Bachelor’s degree in Accounting, Finance, or related field.

Excellent command of written and spoken English, with the ability to communicate clearly and professionally.

Professional qualification (or part qualification) such as ACCA, CPA, CMA is an advantage.

Minimum 5–7 years’ hotel finance experience, including strong exposure to income audit and F&B cost control.

Prior experience in a similar senior role in hotel finance (Income Auditor / Cost Controller / Finance Manager / Chief Accountant) preferred.

Solid knowledge of Hotel accounting and USALI or similar hospitality reporting frameworks

Proficiency in PMS, POS, inventory systems (e.g., Opera, Symphony, Future Log, Sun Systems, etc.)

Strong proficiency in Microsoft Excel and advanced data analysis techniques

Experience with internal and external audits within the hospitality sector.