Accounts Receivable
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Key skills for this role
About the Role
Raffles & Fairmont Doha is seeking an Accounts Receivable professional to manage and monitor the hotel's receivables, ensuring timely collection of revenue. The role involves processing invoices, reconciling accounts, and supporting month-end closing.
Key Skills for This Role
Responsibilities
- Prepare, verify, and process invoices for guests, corporate clients, and travel partners
- Monitor accounts receivable balances and follow up on outstanding payments
- Reconcile guest ledgers, city ledgers, and corporate accounts to ensure accuracy
- Investigate and resolve billing discrepancies and payment issues in a timely manner
- Maintain accurate and up to date financial records and supporting documentation
- Process and allocate incoming payments to the appropriate accounts
- Prepare accounts receivable aging reports and assist with collection activities
- Support month end and year end closing processes by ensuring all receivable transactions are accurately recorded
- Collaborate with Front Office, Sales, Reservations, and other departments to resolve account related matters
- Ensure compliance with company policies, accounting standards, and internal controls
- Assist with audits by providing required documentation and reconciliations
- Contribute to improving processes and maintaining efficient cash flow management
Requirements
- Diploma or Bachelor's degree in Accounting, Finance, Business Administration, or a related field
- Previous experience in Accounts Receivable, Finance, or Accounting, preferably within the hospitality industry
- Strong understanding of accounting principles and financial procedures
- Proficiency in Microsoft Excel and other Microsoft Office applications
- Experience with hotel accounting systems and ERP software is an advantage
- Strong numerical, analytical, and problem solving skills
- High level of accuracy and attention to detail
- Excellent organizational and time management abilities
- Strong communication and interpersonal skills
- Good command of written and spoken English; additional languages are an asset
Full Job Posting
Job Description
- We invite you to join the world of luxury hospitality at Raffles & Fairmont Doha as our new Accounts Receivable.
- The Accounts Receivable role is responsible for managing and monitoring the hotel’s receivables to ensure timely and accurate collection of revenue.
Key Responsibilities
- Prepare, verify, and process invoices for guests, corporate clients, and travel partners.
- Monitor accounts receivable balances and follow up on outstanding payments.
- Reconcile guest ledgers, city ledgers, and corporate accounts to ensure accuracy.
- Investigate and resolve billing discrepancies and payment issues in a timely manner.
- Maintain accurate and up to date financial records and supporting documentation.
- Process and allocate incoming payments to the appropriate accounts.
- Prepare accounts receivable aging reports and assist with collection activities.
- Support month end and year end closing processes by ensuring all receivable transactions are accurately recorded.
- Collaborate with Front Office, Sales, Reservations, and other departments to resolve account related matters.
- Ensure compliance with company policies, accounting standards, and internal controls.
- Assist with audits by providing required documentation and reconciliations.
- Contribute to improving processes and maintaining efficient cash flow management.
Qualifications
- Diploma or Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- Previous experience in Accounts Receivable, Finance, or Accounting, preferably within the hospitality industry.
- Strong understanding of accounting principles and financial procedures.
- Proficiency in Microsoft Excel and other Microsoft Office applications.
- Experience with hotel accounting systems and ERP software is an advantage.
- Strong numerical, analytical, and problem solving skills.
- High level of accuracy and attention to detail.
- Excellent organizational and time management abilities.
- Strong communication and interpersonal skills.
- Ability to work independently and collaboratively in a fast paced environment.
- Good command of written and spoken English; additional languages are an asset.
- Knowledge of hospitality operations and revenue processes is preferred.
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