Roles and Responsibilities:
Review of internal control process of various departments of hotel.
In-depth review / audit of revenue streams / areas exposed to risks and to take corrective actions to mitigate such risks.
Review of annual contracting procedure (including negotiation) for procurement.
Responsible for verifying the authenticity of financial transaction.
Revenue assurance specifically room and, food and beverage revenue.
Ensure compliance with management contract specifically in the monthly invoice raised on owning company; by the management company.
Review and analysis of weekly / monthly MIS Reports like P&L, Cash Flow Statement and Other Progress Reports
Carrying out the various ratio analysis so as to manage flow of funds, working capital, debts etc., monitoring cash/fund flow statements ensuring optimum utilization of capital
Analyzing Balance Sheet and to provide inputs on benefits and losses from Owners stand point.
Participation in monthly meeting with management company/
Preparing the reconciliation between consumption and sales of liquor. Analyzing the difference, if any.
Review of credit committee minutes
Monitor cost and profit performance of all departments regularly and provide recommendations/suggest corrective action.
Fixing Schedule for the Internal Audit, Statutory Audit and Owner checking of Books and Records.
Helping in any other projects as desired by the Owner.
Experience and attributes
Energy, enthusiasm and flexibility
Empathy, patience, confidence, seeks continuous improvement
Robust and assertive, able to handle conflicting demand and priorities
Preference will be given to candidates working in Chartered Accountant firms and auditing 5 star hotel as internal auditor.
Qualification: CA / MBA
Experience: Minimum 5 years as internal auditor of 5 Star Hotel