Income Auditor (Saudi National Only)📣 Job Ad

About Faena The Red Sea

Faena The Red Sea is a hotel operating as part of the Accor network, which encompasses over 45 brands, 5,500 hotels, and 10,000 restaurants and lifestyle destinations globally. The organization emphasizes a commitment to responsible hospitality and fostering a positive impact for customers, colleagues, and the environment.

The Role of Income Auditor

The Income Auditor is responsible for reviewing, verifying, and reconciling all revenue transactions to ensure the accuracy and completeness of financial records. This full-time role, based in Saudi Arabia, focuses on ensuring that all operational income is correctly recorded, properly supported, and compliant with company policies and accounting standards. The position contributes to identifying discrepancies, preventing revenue loss, and supporting accurate financial reporting.

Key Responsibilities

• Audit and verify daily revenue reports from all operational outlets.
• Reconcile system-generated revenue with actual cash, credit card, and other payments.
• Review and check all billing, postings, and corrections for accuracy.
• Ensure proper recording of room revenue, food and beverage sales, and other income sources.
• Investigate and resolve revenue discrepancies and variances.
• Check cashier reports, settlement records, and cash handling procedures.
• Verify voids, discounts, rebates, and complimentary postings for authorization.
• Prepare daily income audit reports and summaries for management.
• Ensure compliance with internal controls, policies, and accounting standards.
• Reconcile credit card transactions with bank settlements.
• Review night audit reports and correct any posting errors.
• Support month-end closing and financial reporting processes.
• Maintain proper documentation and audit trails for all revenue transactions.
• Coordinate with front office, food & beverage, and finance teams regarding revenue issues.
• Identify risks of revenue leakage and recommend corrective actions.
• Assist internal and external auditors during audits.
• Ensure confidentiality and accuracy of all financial data related to income records.

Experience and Qualifications

Candidates for the Income Auditor position should possess 2-5 years of relevant experience in a similar financial or auditing role. The role requires a strong understanding of accounting principles and financial record-keeping within an operational context.

Career Development

Faena The Red Sea offers opportunities for professional development and advancement within the Accor network, encouraging employees to grow their careers and contribute to the company's vision of responsible hospitality.