Description:
Summary
The Internal Auditor will be responsible for conducting financial and operational audits to ensure compliance with internal policies, Hyatt corporate standards, and industry best practices. This role focuses on reviewing financial controls, identifying risks, and providing recommendations to improve overall efficiency and accountability.
Key Responsibilities:
- Internal Audit Program (MOR/CFA)
- Conduct regular internal audits in accordance with the Management Operations Review (MOR) and Control & Financial Audit (CFA) programs.
- Assess compliance with corporate policies, accounting standards, and regulatory requirements.
- Identify internal control weaknesses and recommend corrective actions.
- Prepare detailed audit reports with findings and recommendations for management review.
- Ensure that corrective actions are implemented and followed up in a timely manner.
Income Audit:
- Review daily revenue reports to ensure accuracy and completeness.
- Verify the reconciliation of Point-of-Sale (POS) and Property Management System (PMS) reports against actual deposits.
- Monitor discounts, voids, and complimentary transactions to identify potential revenue leakage.
- Ensure compliance with cash handling policies and investigate discrepancies.
- Manage cash handling policies and house bank contracts.
- Support month-end closing procedures.
- Perform Credit Card reconciliation to ensure all transactions are properly recorded and any discrepancies are addressed.
- Conduct a thorough review of Guest Ledger, Deposit Ledger, and Package Ledger to ensure accuracy and compliance with financial policies.
Cost Audit:
- Conduct periodic cost audits for all operational departments, with a focus on Food & Beverage and Procurement.
- Review purchase orders, supplier invoices, and receiving logs to ensure compliance with budgeted costs.
- Analyze inventory variances and recommend process improvements to enhance cost control.
- Evaluate vendor contracts and procurement processes for efficiency and compliance.
- Collaborate with department heads to identify cost-saving opportunities while maintaining quality standards.
- Maintain contracts system.
Qualifications
Required Qualifications:
- Minimum of 2 to 3 years of experience in auditing, preferably in the hospitality industry.
- Strong understanding of financial controls, internal audit procedures, and compliance standards.
- Proficiency in accounting software and hotel management systems (e.g., Opera, Micros, BirchStreet).
- Excellent analytical skills and attention to detail.
- Strong communication skills to present findings and recommendations effectively.
- Ability to work independently while collaborating with different departments.
Preferred Qualifications:
- Bachelor's degree or close to competition.
- Experience with audit programs.
- Knowledge of hotel revenue recognition and cost control processes.
If you have a keen eye for detail and a passion for financial controls, we encourage you to apply.
23 Mar 2025;
from:
uworkin.com