Cost Auditor

5 days ago


Dubai, Dubai, United Arab Emirates Hyatt Hotel Full time

Position Overview: Hyatt Centric Jumeirah Dubai is seeking a highly detail-oriented and meticulous Income/Cost Auditor to join our Finance team. The ideal candidate will be responsible for ensuring the accuracy and integrity of financial records, with a focus on auditing income and cost transactions, verifying that all processes comply with company policies, and identifying areas of improvement for financial reporting. You will play a crucial role in maintaining financial transparency and assisting management in making informed decisions.

Key Responsibilities:

  1. Perform regular audits of revenue and cost transactions across various departments, including Food & Beverage, Rooms, and other operational areas.
  2. Review and verify daily revenue reports to ensure accuracy and that income is properly recorded.
  3. Audit cost control reports, inventory records, and other operational expenses to ensure that costs align with budgeted figures and are properly documented.
  4. Ensure that all financial transactions comply with company policies, local regulations, and industry standards.
  5. Assist in the preparation of financial statements by ensuring that income and cost-related entries are accurate and in accordance with accounting standards.
  6. Investigate discrepancies or irregularities in financial reports and provide recommendations for corrective actions.
  7. Prepare detailed audit reports for management, outlining findings, risks, and areas for improvement.
  8. Assist in monthly, quarterly, and year-end financial closing activities, ensuring that all necessary reports and reconciliations are completed.
  9. Collaborate with other departments to resolve discrepancies and improve financial reporting processes.
  10. Support the internal and external auditors during audits by providing requested documents and explanations.

Desired Candidate Profile:

  1. Bachelor's degree in Accounting, Finance, or a related field.
  2. Minimum of 2-3 years of experience in a finance or auditing role, preferably in the hospitality industry.
  3. Strong knowledge of financial auditing processes, including income and cost auditing.
  4. Proficient in using financial software and accounting systems (e.g., Opera, SUN Systems, or similar).
  5. Advanced proficiency in Microsoft Excel and financial reporting tools.
  6. Excellent attention to detail, analytical skills, and the ability to identify discrepancies.
  7. Strong communication skills and the ability to work collaboratively with other departments.
  8. Knowledge of local accounting regulations and compliance standards in the UAE.
  9. Ability to handle sensitive information with discretion and integrity.
  10. Fluency in English (additional languages are a plus).
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