Financial Accountant

United Arab Emirates (AE)
31 Dec 2016
28 Jan 2017
Job Type
Job Level

Habtoor Hospitality is looking for a dedicated Financial Accountant, who will work in and has access to all areas of the Accounting Section in order to maintain internal control.
To prepare month-end reports and to ensure its achievement. To report to Financial Controller on regular basis whenever appropriate and ensuring the adherence to the company’s controller’s policies and procedures.

Specific Duties and Responsibilities:

1) Cash & Bank Movement
    a) Receipts
    b) Payments
    c) Cash drop Procedure and general Cashier’s float
    d) Banks

2) Paid Outs & Refunds
3) Allowances & Rebates
    a) Make sure that all allowances passed through front office are signed by the GM.
    b) Check the explanation and justification of allowances passed. The unusual allowance is to be brought to the notice of the Financial Controller.

4) Contracts & Agreements

5) Journal Vouchers and Proper Encoding

6) Control Accounts
    Tally all control accounts with subsidiary accounts i.e stores control account, inventory control account, debtors & guest ledger control accounts, payables control account etc…

7) Monthly Financial and Analytical Reports
    To ensure that the following reports are produced on monthly basis,
    a) Monthly statement of operation by 3rd of every following month.
    b) Departmental profit & loss outlet wise.
    c) Combined F&B cost report and the departmental profit & loss report.
    d) Telephone cost report.
    e) The average collection period report and the stock turnover report.
    The analytical review of the results if they are not to the acceptable standards, follow up areas of non satisfactory results, discuss those with Financial Controller for his guidance for the additional control measures to be introduced if required.

8) Monthly Reconciliation of GL Control Accounts.

9) Supervision of the day to day functioning of the Finance Department.
    It is the responsibility of the Chief Accountant to supervise the finance team with regard to the day to day operational matters, extend the support and to monitor the below mentioned team in order to ensure the completion of the job tasks given to each.

    a) The Income Audit
    b) Cost Control Team 
    c) Credit DepartmenT
    d) Payables Section – monitor the section
    e) Payroll Section
    f) Purchasing Department and the follow up of Market Survey.
    g) Stores & Receiving Function.
    h) General Cashier.
    i) Cross Training, Arrange internal cross training of staff on multi skills and arrange cash and credit card handling training for relevant staffs and guarantee a reliever for each position.

10)    Deputing the Financial Controller in his absence.