Accounting Assistant

Job Description

Job Description

Accounting Assistant - Hospitality IndustryJob SummaryA Hospitality Accounting Assistant plays a vital role in supporting the financial operations of hotels, resorts, restaurants, or hospitality management companies. This position involves processing financial transactions, managing accounts, and ensuring accurate record-keeping to support smooth business operations in a fast-paced hospitality environment.Key ResponsibilitiesAssist with accounts payable and receivable, ensuring timely processing of invoices, guest payments, and vendor transactions.Reconcile daily revenue reports from hotel or restaurant POS systems with financial records.Support payroll processing for hospitality staff, including tracking hours, tips, and bonuses.Handle guest billing inquiries, refunds, and adjustments as needed.Assist in preparing financial statements, budgets, and forecasts for hotel or restaurant operations.Maintain and organize financial records, contracts, and vendor agreements.Process bank reconciliations and monitor cash flow to ensure financial stability.Ensure compliance with hospitality industry regulations, tax requirements, and company policies.Collaborate with department heads (e.g., front office, food & beverage, housekeeping) to track expenses and budget allocations.Assist in inventory and cost control for food, beverages, and supplies.Qualifications & SkillsDegree or diploma in Accounting, Finance, or Hospitality Management (preferred).Experience in hospitality finance or bookkeeping is a plus.Proficiency in accounting software (e.g., QuickBooks, Opera, Sage, or industry-specific PMS).Strong understanding of hospitality revenue cycles, including room rates, food & beverage sales, and event billing.High level of accuracy and attention to detail.Strong organizational and time management skills to handle multiple financial tasks.Ability to work in a fast-paced environment and meet deadlines.Excellent communication skills to interact with vendors, guests, and internal departments.