Internal Auditor

Job title : Internal Auditor

Responsibilties

• Verify all daily financial transactions and ensure they are accurately recorded.
• Review cash, bank, POS, and credit transactions for accuracy.
• Ensure all revenue generated by the hotel is properly accounted for.
• Reconcile daily sales with cash collections and bank deposits.
• Monitor room revenue, restaurant sales, bar sales, laundry, and other income sources.
• Identify revenue leakages and recommend corrective measures.
• Verify discounts, complimentary services, refunds, and voided transactions.
• Ensure all charges are correctly posted to guest accounts.
• Perform end-of-day (EOD) closing procedures.
• Balance guest folios and front office transactions.
• Reconcile occupancy reports with room revenue.
• Generate daily financial and operational reports.
• Ensure compliance with hotel financial policies and procedures.
• Verify that all departments adhere to Standard Operating Procedures (SOPs).
• Assess the effectiveness of internal controls and recommend improvements.
• Ensure compliance with tax and statutory regulations.
• Conduct surprise cash counts at the front office, restaurant, and bar.
• Audit inventory records and stock movements.
• Verify purchasing and receiving records.
• Investigate stock shortages, overages, and discrepancies.
• Review departmental expenditures for accuracy and authorization.
• Verify invoices, receipts, and payment vouchers.
• Monitor payroll records for accuracy.
• Ensure all expenses are properly supported with documentation.
• Detect fraudulent activities and financial irregularities.
• Investigate suspicious transactions or unusual variances.
• Recommend measures to minimize financial risk.
• Maintain confidentiality during investigations.
• Prepare daily, weekly, and monthly audit reports.
• Submit audit findings to the General Manager and hotel owners.
• Highlight financial risks, discrepancies, and recommendations.
• Maintain proper audit records and documentation.
• Audit Front Office operations.
• Audit Food and Beverage (F&B) operations.
• Audit Housekeeping and Laundry revenue.
• Audit Purchasing and Store activities.
• Audit Maintenance expenses and records.
• Audit Payroll and Human Resources records where applicable.
• Assess operational and financial risks.
• Ensure adequate controls are in place to safeguard hotel assets.
• Recommend process improvements to reduce losses.
• Monitor compliance with company policies and industry standards.

Requirements

• Interested candidates should possess relevant qualifications with 5 years experience.