Accounts Receivable Specialist and Income Auditor

3 weeks ago

East York, Canada Pan Pacific Toronto (formerly The Prince Hotel) Full time

**Accounts Receivable Specialist & Income Auditor**

**Pan Pacific Toronto**

Pan Pacific Toronto, a premier hotel with 405 well-appointed rooms and 24,000 square feet of versatile conference and event space, is seeking a meticulous and experienced Accounts Receivable Specialist & Income Auditor to join our accounting team. This dual role is crucial for ensuring accurate revenue tracking, compliance, and financial integrity across the hotel’s operations.

**Eligibility Requirements**:
**Why Join Us?**

At Pan Pacific Toronto, we pride ourselves on delivering exceptional guest experiences, supported by a dedicated and dynamic team. As a part of our accounting team, you will have the opportunity to contribute directly to the hotel’s success and growth while enhancing your career.

**Application Process**:
Please submit your resume along with a cover letter. Only applicants selected for an interview will be contacted.

**Key Responsibilities**:
**Income Auditor Duties**:

- Verify daily room rates, outlet revenues, and event billing to ensure accurate revenue recognition.
- Audit and reconcile daily sales reports, checking for discrepancies and ensuring compliance with hotel policies.
- Prepare and present daily revenue summaries to management, highlighting any issues or irregularities.
- Review banquet event orders, contracts, and postings to verify accuracy and address any discrepancies promptly.
- Coordinate with the Financial Controller on period-end closing processes, including auditing financial statements and night audit reports.

**Accounts Receivable Duties**:

- Manage the complete accounts receivable process, including invoicing, collections, and payment processing.
- Monitor aging reports, proactively manage overdue accounts, and follow up on delinquent payments.
- Respond to guest inquiries about their accounts, investigate discrepancies, and recommend corrective actions.
- Liaise with other departments to resolve collection issues and ensure the timely settlement of invoices.
- Conduct regular credit meetings with the Sales team to manage outstanding balances and payment schedules.

**Requirements**:

- Education: Bachelor’s degree or diploma in accounting, finance, or a related field.
- Experience: Minimum 3 years of accounting experience, preferably in the hospitality industry, with a strong understanding of revenue auditing.
- Technical Skills: Proficiency in MS Office, Opera, Oracle, and QuickBooks. Strong numeracy skills and attention to detail.
- Key Skills: Excellent communication, organizational, and problem-solving abilities. Ability to work independently and collaborate effectively with other teams.

**Accessibility**:
Pan Pacific Toronto is committed to accommodating applicants with disabilities throughout the recruitment process, in accordance with the Accessibility for Ontarians with Disabilities Act, 2005. Accommodations will be provided upon request, up to the point of undue hardship.

**Equal Opportunity Statement**:
Pan Pacific Toronto is an equal opportunity employer. We celebrate diversity and are dedicated to creating an inclusive environment for all employees.
- Full job description available upon request._

**Job Types**: Full-time, Permanent

Pay: From $55,000.00 per year

**Benefits**:

- Dental care
- Extended health care
- Life insurance
- On-site parking
- Vision care

Flexible language requirement:

- French not required

Schedule:

- 8 hour shift
- Monday to Friday
- Weekends as needed

**Experience**:

- Accounts receivable: 1 year (preferred)

Work Location: In person

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