Income Audit Supervisor

Banyan Group is one of the world’s leading independent, multi-branded hospitality groups centered on the purpose-driven mission of stewardship and wellbeing while offering exceptional, design-led experiences.
The Group’s diversified portfolio of hotels, resorts, spas, galleries, golf and residences features an ecosystem of 10 global brands, including the award-winning Banyan Tree, Angsana, Cassia, Dhawa and Laguna, and the highly anticipated new brands of Homm, Garrya, Folio, and two new Banyan Tree brand extensions – Escape and Veya.
Established in 2008, with the goal of advancing people development and management excellence, Banyan Tree Management Academy has nurtured over 10,000 associates across 23 countries. The Group is recognised for its commitment to environmental protection and community development through its Banyan Tree Global Foundation. Operating over 70 hotels in 17 countries, it has over 50 new properties in the pipeline.

Banyan Tree Dubai is a lively, island escape where stylish stays, incredible dining, warm hospitality, and recreation create lasting memories. Fronted by 500m of a pristine, private beach with uninterrupted views of the Arabian Gulf and backed by the iconic Ain Dubai. With the ambience of a sleek, relaxed, luxe island getaway, Banyan Tree Dubai boasts 3 chilled outdoor pools, fully-serviced beach, award-winning Banyan Tree Spa, a fitness center and 7 dining options.

Summary

The Income Audit Supervisor is responsible for supervising the income audit process to ensure accurate, timely, and efficient auditing of all revenue transactions. This includes reviewing financial transactions from various departments (such as Front Office, Food & Beverage, and Retail), verifying the correctness of daily revenue reports, ensuring compliance with accounting standards, and assisting with financial reporting.

Responsibilities

• Supervise daily audit procedures to ensure all hotel revenue, including rooms, food & beverage, and other charges, are accurately posted to the general ledger.
• Review and reconcile all daily revenue reports from various departments to ensure consistency and accuracy.
• Ensure all discrepancies are resolved in a timely manner, escalating any unresolved issues to management as needed.
• Supervise and train income audit associate to ensure adherence to all auditing procedures, accounting principles, and hotel policies.
• Reconcile revenue and payment discrepancies between the front desk, food & beverage, and other departments.
• Ensure that all postings are in accordance with internal controls and industry standards.
• Review all adjustments, cancellations, and corrections made to guest folios to ensure accuracy and prevent fraud.
• Prepare and review daily, weekly, and monthly income audit reports to provide accurate financial data to senior management.
• Ensure reports are generated timely, error-free, and in compliance with hotel and regulatory standards.
• Provide financial analysis and reporting on variances or discrepancies in daily revenue to help management understand financial trends.
• Ensure that all income audit procedures follow hotel internal control guidelines and accounting policies.
• Collaborate with internal auditors to ensure proper compliance with financial regulations and audit standards.
• Conduct periodic checks to verify the accuracy of guest billing and accounting.

• Work closely with the Front Office, F&B, and Sales departments to ensure proper revenue capture and reporting of sales transactions.
• Communicate any discrepancies in revenue postings or other financial concerns to the relevant departments.
• https://careers.accor.com/global/en/job/income-audit-supervisor-in-banyan-tree-dubai-dubai-united-arab-emirates-jid-85005