Income Controller
Novotel Hotels
Date: 1 hour ago
City: Remote
Contract type: Full time
Remote
Job Description
We're looking for a detail-oriented and analytical Income Controller to join our Finance team in Jeddah, Saudi Arabia. In this role, you'll play a critical part in ensuring the accuracy and integrity of our revenue reporting and financial controls. As an Income Controller, you'll be responsible for reviewing, verifying, and reconciling daily revenue across multiple systems and departments. This is an excellent opportunity to make a meaningful impact by strengthening our financial processes and supporting our organization's growth through meticulous attention to detail and collaborative problem-solving.
We're looking for a detail-oriented and analytical Income Controller to join our Finance team in Jeddah, Saudi Arabia. In this role, you'll play a critical part in ensuring the accuracy and integrity of our revenue reporting and financial controls. As an Income Controller, you'll be responsible for reviewing, verifying, and reconciling daily revenue across multiple systems and departments. This is an excellent opportunity to make a meaningful impact by strengthening our financial processes and supporting our organization's growth through meticulous attention to detail and collaborative problem-solving.
- Review and verify daily revenue reports from all operational departments and outlets, ensuring accuracy, completeness, and compliance with established financial procedures
- Reconcile daily revenue figures across the Property Management System (PMS), Point of Sale (POS) systems, and financial reporting platforms to identify and resolve discrepancies
- Verify room revenue, food and beverage revenue, outlet sales, and other operational income streams against supporting documentation and system records
- Analyze daily transactions, discounts, complimentary items, voids, refunds, allowances, and rebates to ensure proper authorization and accurate recording in accordance with company policies
- Investigate revenue irregularities and discrepancies with a collaborative approach, coordinating with relevant departments to achieve timely and effective resolution
- Verify the accuracy of payment transactions and reconcile cash, credit card, and alternative payment methods against daily revenue reports
- Review cashier reports, cash deposits, and outlet closing procedures to ensure adherence to established internal controls and financial safeguards
- Monitor revenue posting procedures and ensure that all income is recorded in the correct accounts and accounting periods
- Prepare comprehensive daily, weekly, and monthly revenue reconciliation reports, highlighting significant variances and trends to Finance management
- Maintain organized and accessible documentation of revenue-related records, reports, and supporting materials to facilitate audit readiness and compliance
- Work collaboratively with Front Office, Food & Beverage, Reservations, and other operational teams to ensure transparent and accurate revenue reporting
- Support month-end and year-end closing activities by verifying revenue accruals, reconciliations, and relevant financial records with precision
- Identify control weaknesses and inefficiencies in revenue procedures, recommending innovative improvements to minimize revenue leakage and strengthen internal controls
- Ensure full compliance with company policies, financial procedures, audit requirements, and applicable regulations
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field
- Minimum 2-3 years of professional experience in income audit, revenue control, income control, or a similar financial role, preferably within a hospitality, retail, or corporate environment
- Comprehensive knowledge of revenue streams, daily revenue reconciliation procedures, cashiering operations, and internal financial controls
- Proficiency with hotel management systems (PMS), Point of Sale (POS) systems, and financial reporting software
- Advanced proficiency in Microsoft Excel, including pivot tables, VLOOKUP, and financial data analysis
- Strong understanding of accounting principles, GAAP/IFRS standards, and audit procedures
- Excellent numerical, analytical, and problem-solving skills with the ability to identify patterns and discrepancies
- Exceptional attention to detail, accuracy, and integrity when handling sensitive financial information
- Strong written and verbal communication skills in English
- Demonstrated ability to collaborate effectively with cross-functional teams in a transparent and inclusive manner
- Proven capability to manage multiple priorities, meet tight deadlines, and work efficiently in a fast-paced environment
- Experience preparing and presenting financial reports to management
- Knowledge of internal controls, risk management, and compliance requirements
- Ability to work independently while remaining a supportive team member
- Strong organizational and time management skills
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