Chief Accountant at Hyatt Place

Job Description

Chief Accountant at Hyatt Place

General Accounting

• Maintain the General Ledger and prepare and distribute all submissions in a timely and accurate manner.
• Prepare daily, weekly and monthly financial reports, including night audit reports.
• Prepare and submit to GFC the monthly cash flow projection so that an optimal cash position is achieved.
• To review and circulate the daily bank reconciliation statements.
• Prepare internal and external audit requirements and report any discrepancies to the GFC.
• Sets guidelines and deadlines for team members in order to ensure timely financial reporting.
• Assists the GFC in compiling budgets and forecasts and assists Department Heads by providing historical data, supporting data and statistics as required.
• To ensure that aged listings and control accounts are in agreement. Revenue, Receivables and Receipts
• Conduct and/or review all spot and periodic checks such as cash counts and approve General Cashier’s Report ensuring all receipts are accounted and remitted as required.
• Conduct reconciliations of revenues as per Operating Systems to receipts and records as per the General Ledger.
• Report periodic receivable status and develop operating procedures for appropriate follow up actions. Accounts Payable
• Compilation and reviews of all payables, claims, commissions including foreign remittances and ensure that the payments are done by their due date.
• Checks and monitors the cheque record book to ensure that the running sequence is accounted for.
• Ensure that all in- house functions including inventory and requisitions follow the set processes prior to payment and report discrepancies and slow moving items. Payroll
• Prepare and ensure that all reconciliations are performed on time.
• Prepare month-end payroll summary, cross checking that all submissions are as expected in liaison with the Human Resource department.

Operational:

• Review reports and purchase requests compiled by the Purchasing Manager ensuring that the operating procedures have been followed.
• Custodian for all contracts, leases, insurance policies and all other legal and financial documents in liaison with GFC.
• To ensure that the physical inventories of all supplies and operating equipment are being taken on a monthly and quarterly basis respectively.
• In liaison with all HODs, maintain a register of all regulatory and operating licenses including other compliance for the hotel. All exceptions are to be reported to the General Manager.
• Administer local insurance matters including claims in conjunction with GFC and locally appointed insurance agents.
• Handles valuable ‘Lost and Found’ items and liaises with Security for disposal as per the hotel’s policy.

Qualifications

• Bachelor of Commerce Degree, Accounting or Finance Option or its equivalent
• 5+ years of relevant experience in financial and management accounting, preferably in a hotel setting
• Must have a CPA-K or ACCA certification with active membership to the body
• Must demonstrate the ability to handle multiple and conflicting priorities, and work under strict deadlines
• Should have strong analytical and be result-oriented
• Must have high standards of integrity and ethical practice
• Must have management and Leadership skills
• Proficiency in Ms Office, especially Advanced Excel
• Outstanding ability to interact and communicate with all stakeholders
• Outstanding ability to diagnose and resolve problems swiftly.

Chief Accountant at Hyatt Place