Maintain proper and complete accounting records of the hotel with the USALI 11th Edition.
Ensure that the accounts, records and transactions of the hotel are accurate and correct at all times.
Safeguarding of assets
Implement all necessary controls to safeguard the assets of the hotel.
Prepare and interpret the financial statements and reports of the hotel on a timely basis to owning company and corporate office.
Provide financial information to management as tools for maximizing profits and planning for future reports which should stimulate management action.
Budgets and forecasts
Compile, together with the other executives, budgets and forecasts covering all activities of the hotel, Compile treasury/cash flow forecasts for the business.
Controls and procedures
Ensure that the established controls and procedures in respect of the controller’s areas of responsibilities are being complied at all times.
Electronic data processing systems
Ensure that the hotel’s computer system and their software are fully utilized, well safeguarded and properly maintained.
Ensure that there are, at all times, proper procedures and controls for the guest cashiers and other cashiers in the hotel.
Purchasing, receiving and stores
Ensure that there are, at all times, proper procedures and controls for purchasing, receiving, stores and requisitioning.
Ensure that physical inventories of all supplies are being taken on a monthly basis and of all operating equipment on a quarterly basis.
Credit and collection
Ensure that the hotel complies with the established credit and collection procedures
Ensure that human resource policy and recruitment processes are consistent and streamlined, responsible for all contracts and any other legal records.