Cornerstone Hospitality
Accounting Assistant - Hospitality Industry
Job Summary
A
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 Responsibilities Assist 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 & Skills
Degree 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.
Job Summary
A
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 Responsibilities Assist 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 & Skills
Degree 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.