Summary
IHG Hotels & Resorts is seeking an Accountant in Kuwait, Kuwait. The role covers accounting records, journal entries, reconciliations, month-end and year-end closing, financial reporting, and support for budgets and audits. Candidates should have a bachelor’s degree in accounting, finance, commerce, or a related field, along with accounting or finance experience; hotel experience is preferred. Microsoft Excel and strong written and spoken English are required, while experience with Opera, SunSystems, or Materials Control is an advantage.
The posting
As published on ihgplc.com. Pulled from the employer's site and shown as they wrote it.
Key Responsibilities
- Maintain accurate and up-to-date accounting records in accordance with hotel policies and established accounting procedures.
- Prepare and post journal entries, accruals, adjustments, and other accounting transactions.
- Perform monthly balance sheet and general ledger reconciliations and investigate any discrepancies.
- Assist with month-end and year-end closing activities and ensure required schedules are completed on time.
- Review financial transactions to ensure accuracy, appropriate authorization, and supporting documentation.
- Assist in preparing monthly financial statements, management reports, and supporting schedules.
- Monitor accounts payable and accounts receivable transactions and follow up on outstanding balances as required.
- Reconcile bank accounts, credit card transactions, cash accounts, and other relevant accounts.
- Support the review and reconciliation of hotel revenues against operational and financial system records.
- Assist with payroll-related accounting entries, reconciliations, provisions, and supporting schedules where applicable.
- Maintain proper records of prepaid expenses, accruals, deposits, fixed assets, and other balance sheet accounts.
- Assist in monitoring departmental expenses against budget and highlight significant variances.
- Support the preparation of annual budgets, forecasts, and periodic financial reviews.
- Verify invoices, payment requests, purchase-related documentation, and supporting records in accordance with the hotel's approval procedures.
- Coordinate with Purchasing, Receiving, Cost Control, Front Office, F&B, HR, and other departments to resolve financial discrepancies.
- Ensure appropriate filing and safekeeping of financial documents and accounting records.
- Assist with internal and external audits by preparing requested documents, schedules, reconciliations, and supporting information.
- Ensure compliance with the hotel's internal controls, financial policies, and applicable local laws and regulations.
- Maintain strict confidentiality of payroll, financial, commercial, and employee-related information.
- Identify discrepancies, control weaknesses, or unusual transactions and promptly report them to the Finance Manager/Financial Controller.
- Support improvements in accounting processes, financial controls, reporting accuracy, and operational efficiency.
- Perform other finance and accounting duties as assigned by the Finance Manager, Financial Controller, or Director of Finance & Business Support.
Qualifications & Experience
- Bachelor's degree in Accounting, Finance, Commerce, or a related field.
- Previous accounting or finance experience, preferably within the hotel or hospitality industry.
- Good understanding of general accounting principles, reconciliations, financial controls, and month-end closing procedures.
- Knowledge of hotel accounting systems and financial processes is an advantage.
- Good knowledge of Microsoft Excel and other Microsoft Office applications.
- Experience with hotel systems such as Opera, SunSystems, Materials Control, or similar systems is an advantage.
- Good command of written and spoken English.
What We Offer
We offer a competitive salary and benefits package, a supportive and inclusive work environment, learning and development opportunities, career growth, colleague recognition programs, duty meals, and other applicable benefits designed to support your professional growth and overall colleague experience.