I. BASIC PURPOSE / JOB BRIEF:

The Officer - Hospitality Accounting provides support in accounting, reporting, review, analysis and reconciliation of the Non-Gaming revenue. The Officer - Hospitality Accounting assists to ensure a timely, accurate and relevant preparation and presentation of various reports used and required by the Management; and also assists in improving and implementing key accounting procedures and control inititives that will strengthen the overall compliance of the non-gaming operations.

II. MAJOR RESPONSIBILITIES AND DUTIES:

• Prepare accurate and timely Daily Revenue Reports (DRR) and related disclosures in accordance with revenue recognition principles for business units and management.
• Organize daily and monthly journal entries and schedules to correctly recognize and classify earned revenues.
• Perform regular reconciliations and adjusting entries to ensure accurate balances.
• Prepare and issue daily audit findings or deviation reports, and coordinate with the Non-Gaming Audit team to address discrepancies.
• Follow up on open audit findings and provide recommendations for further action.
• Prepare and maintain accurate reports for complimentary services, vouchers, gift certificate utilization, cash, and tax schedules, ensuring they are regularly updated and presented accurately.
• Support monthly balance sheet account reconciliations, make necessary adjustments, and correct unusual transactions after thorough examination.
• Collaborate with managers on tax and accounting issues related to daily revenue transactions.
• Prepare monthly reports and analyses on revenue, complimentary utilization, tax classifications, e-Sales reconciliation, and VAT return filings in compliance with BIR regulations.
• Investigate revenue transactions in various financial systems (PMS, POS) to ensure all transactions are captured and mapped correctly.
• Coordinate with the Non-Gaming Auditors to ensure accuracy and completeness of booked transactions.
• Assist in the implementation of control procedures related to revenue reporting and ensure compliance with company policies.
• Assist in preparing documents for internal, tax, or external audits in a timely manner.
• Maintain an organized filing system for journal vouchers and supporting documents, ensuring compliance with laws such as Data Privacy and BIR requirements.
• Perform other duties as assigned by management.

III. JOB SPECIFICATIONS:

Educational Requirement:

• Bachelor’s Degree in Finance, Accountancy or other business-related programs
• Certified Public Accountant license is preferred

Experience Requirement:

• At least one year experience in a hotel or integrated resort environment
• Substantial exposure to preparation of journal entries, accounts reconciliation, and taxation

Skills and Attributes:

• Knowledge on Property Management System, preferably Oracle’s OPERA or any POS system
• Knowledge in complimentary accounting and reporting is an advantage
• Proficient in Microsoft Office suite
• Proficient in generating simple and advanced reports, analyses and schedules

Other Qualifications:

• Excellent oral and written communication skills
• Strong analytical and problem solving skills
• Strong decision making skills
• Highly motivated and can work with less supervision
• Resourceful with high degree of initiative
• Amenable to work on weekends, holidays and extended hours as may be required