Income Auditor Job Description
Income auditor
provides heads of Departments with the revenue figures necessary for them to operate their individual profit center profitably.
Income Auditor Duties & Responsibilities
To write an effective income auditor job description, begin by listing detailed duties, responsibilities and expectations. We have included income auditor job description templates that you can modify and use.
Sample responsibilities for this position include:
Ensure that the credit card transactions balance with the micros & Opera systems and prepare the credit card summary
Implement financial control procedures and systems
Check Micros and Opera reports for accuracy and unusual transactions
Ensure all rates and rate codes are documented, approved and loaded in the PMS and Reservations systems
Post room & tax, Opera backup, file maintenance and the close of day
Ensure the CFS report is balanced with Opera
Approves Group package breakdown/verifies Opera postings are accurate
Ensure all SAP ARA postings are in line with what is on Opera on a daily basis
Check Function sheets against what was charged on Opera on a daily basis
Stay up to date with evolving regulatory and market events relating to the Fixed Income businesses
Income Auditor Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Income Auditor
List any licenses or certifications required by the position: CISA, CIA, CPA
Education for Income Auditor
Typically a job would require a certain level of education.
Employers hiring for the income auditor job most commonly would prefer for their future employee to have a relevant degree such as Associate and Bachelor's Degree in Accounting, Finance, Management, Hospitality, Tourism, Business, Education, Auditing, Business/Administration, Business Law
Skills for Income Auditor
Desired skills for income auditor include:
General ledger and chart of accounts
Opera
Gross Revenue Report
Job-relevant issues
Processes
Products
Return check procedures
Systems
Microsoft Office
Desired experience for income auditor includes:
Update credit card reconciliations on a daily basis that agree to transmissions and receipts
Reconcile and review all daily revenue transactions and ensure that postings are correctly applied to the right revenue and adjustment codes
On a daily basis review all credit card and cash refunds ensuring that all have been investigated and are supported by appropriate backup and have management approval
On a daily basis prepare the F&B void report, ensuring all supporting backup is attached
Review and reconcile the daily trial balance report to ensure that all revenues including telephone, spa, in-house movies, minibar and parking revenue are correctly recorded and classified in the PMS system and are accurately reported in the General Ledger
Review and report daily on the complimentary A&G/S&P checks, rate discrepancy reports, housekeeping discrepancy reports, and out of service room reports
Income Auditor Examples
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Income Auditor Job Description
Job Description Example
Our company is growing rapidly and is looking for an income auditor. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for income auditor
- Prepare daily, weekly and monthly reports as requested by the management team, ensuring that all reports are prepared in line with CSA (Control Self-Assessment) requirements and submitted on a timely basis
- Take personal responsibility to resolve problems which arise within the department or externally and if unable to do so immediately, give a deadline for resolution
- To assist Financial Accountant during Month End accounts process by ensuring preparation and posting journals
- Ensure that banquet department’s revenue postings are correct by reconciling the banquet “Event short list” report which is provided by the Banquets manager on a daily basis
- Prepare extension wise telephone reports and submit to all departments to review
- Review of No-Show reports and to ensure that all “chargeable” No Shows has been charged
- Preparing and posting daily revenue journals and distributing to the Management
- Participate in various Responsible business activities organized by the hotel
- Validate and upload daily revenue and statistics journal into SUN ensuring all revenues are captured and in balance
- Preparation of Daily Sales Report and timely issue to relevant departments
Qualifications for income auditor
- Fluent written & verbal English is essential
- At least one year of experience in an Income Audit role, within a hotel of a similar scope
- Applicants must be eligible to live and work in the UK, without restrictions
- LEPSIS
- Passionate and proffessional attitude is a must
- Respond quickly to guest requests in a friendly manner
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Income Auditor Job Description
Job Description Example
Our company is growing rapidly and is looking for an income auditor. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for income auditor
- To prepare rebates, allowance summary and paid-outs for approval in line with company policies
- To make spot checks on correct room rates and prices charged
- Ensure that all rebates, Misc
- To make spot check for all outlets at least four times per week
- Ensure that checks received by mail through GM secretary’s list have been deposited within the same day
- Journal voucher
- Overseeing cash room staff making their schedule
- Prepare spreadsheets for miscellaneous income
- Verify validated bank slips against postings
- Verify the daily work prepared by the cluster Revenue and Reservations team
Qualifications for income auditor
- Prepare daily revenue reporting for the hotel
- Create and post the Income Journal to the General Ledger daily
- Audit daily Rooms, F&B, Valet and miscellaneous revenues and their supporting reports
- Insure the Hotel’s Banquet and Event revenue is posted and traced to all applicable BEO’s and Banquet checks
- Audit and post General Cashier’s receipts for the day to the appropriate date on the Income Journal
- Review any adjustments to revenue
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Income Auditor Job Description
Job Description Example
Our company is hiring for an income auditor. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for income auditor
- Review and balance the Passenger ticket revenue
- Ensure that all Revenues are reviewed and approved by the Financial Controller and General Manager of the business units
- Ensure that all discounts, rate changes and other adjustments to revenue are approved by management
- Perform any other audit functions as per the policy manual
- Timely and accurate preparation of the Daily Revenue Report
- Balance and verify figures against individual department reports and completing daily revenue balancing and audit of hotel revenue while you balance credit card transmissions as needed
- Assure the accuracy of daily management reports by inspecting all backup for proper documentation
- Prepare monthly sales tax and tip allocation
- May perform additional accounting duties such as processing credit approvals/denials, conducting inventory of safe deposit boxes, accounting/clerical duties, counting house bank with General Cashier and reconciling other in-house accounts, checking foreign currency rates on receipts and verifying loss or gain on foreign exchange, or preparing special projects as assigned
- Participate in the inventory process and assist with hotel financial/accounting staff with inventories
Qualifications for income auditor
- Ensure the General Ledger, Advanced Deposit Ledger and City and Guest Ledgers are in balance on a daily basis
- Reconcile all hotel Over/Short accounts and occurrences
- Ensure overall customer satisfaction for internal and external guests
- Other finance general duties as assigned
- Having a degree in Commerce/Financial Management
- Preferably from Hospitality Background
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Income Auditor Job Description
Job Description Example
Our innovative and growing company is hiring for an income auditor. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for income auditor
- Prepare Miscellaneous Journal and period-to-date financial information
- Check all vouchers issued for proper explanations and approvals
- Check and balance all food and beverage cash registers and note all discrepancies
- Accounts payable processing of invoices, check requests and expense reports
- Review cash disbursements including check, ACH and wire payments for proper documentation
- Maintain deadlines
- Handles unusual or difficult customer service inquiries/situations through direct personal action or refers to the appropriate individual
- Review processing of all EDI files received including resolution of issues
- Provide accounting assistance and guidance to department heads and administrative staff
- Interpret and ensure the consistent application of organization policies
Qualifications for income auditor
- This position is only available for the Chinese Citizen
- Must be able to work a Monday- Friday shift
- 2 years experience in an accounting clerical, front office, or accounts receivable position, or similar
- University degree in a business discipline (e.g., finance, economics, accounting)
- Master’s degree in Business Administration, Finance or Risk a plus
- Bachelor's Degree or higher education qualification
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Income Auditor Job Description
Job Description Example
Our company is growing rapidly and is looking for an income auditor. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for income auditor
- Assisting Finance Supervisor with any such necessary month-end processes
- Generate management reports
- Examine paid out vouchers, allowance vouchers and correction vouchers, and make sure that they have been signed and approved by authorized persons
- Maintain accountable Form Register, checks and note usage of accountable forms to assure that all numbers are accounted for and report on all missing and unaccounted numbers
- To control and distribute the daily revenue of the hotel
- To reconcile voids and do not pay checks
- To control complimentary rooms
- To present daily paid outs, rebates and corrections for approval
- To file all income related documents
- To check and balance the daily cash/paid outs/tips from the general cashier
Qualifications for income auditor
- Proven ability to be able to multi task assess and change priorities Works well individually, and in teams, shares information, supports colleagues and encourages participation
- College degree in accounting preferred or equivalent business experience
- Familiarity of night audit work and ability to balance night audit reports
- May monitor monthly aging of accounts, perform credit chargeback and inquiry research, handle travel agent commission research, make phone calls to collect accounts excessively overdue, prepare statements, collection letters and coordinate payment for delinquent accounts as needed
- A Bachelor’s degree in Accountancy from a recognized school preferred
- International resort or hotel experienced is preferred