Accounts Payable
Entry of invoices, processing bill payments, vendor reconciliations and accounts payable aging reports
Revenue Accounting
Daily revenue accounting and reporting under departmental heads such as room revenues, in-room dining revenues, F&B revenues among others
Reconciliations
Daily/Weekly cash, bank, credit card and merchant account reconciliations
Inventory
Periodic physical inventory to books, inventory reconciliation, tracking of inventory losses and inventory control
Payroll
Process weekly/bi-weekly payroll, payroll taxes calculation and payroll reports
Month End Closing & Reporting
Preparation of monthly financial statements and reports
Budgeting & Analysis
Budgeting for every discipline of the hotel, analysis of operating variance and monthly/quarterly/annual projections, preparation of annual operating and capital budgets
Dashboards
Hospitality Dashboards covering occupancy, revenue, Net income, cash balances and other key business parameters
Tax Return Tasks
Sales tax, occupancy tax, use tax and commercial activity tax reconciliation and payment
Other Tasks
Set-up of accounting system, back-log accounting and clean-up of incorrect books
