Job Description
The Finance Intern will support the hotel’s Finance & Accounting department in maintaining accurate financial records and ensuring the property’s profitability. This role offers a unique opportunity to understand the financial lifecycle of a global hotel brand, from daily revenue auditing to mon...
Job Requirement
The Finance Intern will support the hotel’s Finance & Accounting department in maintaining accurate financial records and ensuring the property’s profitability. This role offers a unique opportunity to understand the financial lifecycle of a global hotel brand, from daily revenue auditing to monthly financial reporting and cost control.
Key Responsibilities:
1. Accounts Payable & Receivable
- Assist in processing invoices, ensuring they are properly authorized and coded to the correct departments.
- Help reconcile vendor statements and respond to payment inquiries.
- Support the billing process for corporate clients and groups, ensuring timely collection of payments.
2. Income Audit & Revenue Management
- Verify daily revenue reports from the Front Office and Food & Beverage outlets.
- Assist in reconciling credit card transactions and bank deposits.
- Help investigate and resolve any discrepancies in daily financial postings.
3. General Accounting & Reporting
- Support the month-end closing process by preparing journal entries and balance sheet reconciliations.
- Assist in the preparation of monthly financial statements and performance reports.
- Help maintain the fixed asset register and ensure compliance with IHG’s global financial policies.
4. Cost Control & Compliance
- Assist the Cost Controller in conducting spot checks on inventory (food, beverage, and supplies).
- Support internal and external audit preparations.
- Participate in departmental projects aimed at improving financial efficiency and reducing costs.
