Financial Transactions Specialist

4 days ago


Dubai, Dubai, United Arab Emirates 25HOURS HOTELS Full time
Job Description

As a Financial Transactions Specialist, you will play a critical role in managing the financial transactions and accounts receivable functions within 25HOURS HOTELS. Your responsibilities will include ensuring accurate billing, timely collection of outstanding balances, and maintaining detailed records of financial transactions.

  • Verify daily credit transfers are balanced with Accounts Receivable and General Ledger.
  • E nsure individual guest invoices and Group invoices align with contracts, including Room charges at contracted rates and supporting documents attached.
  • Photocopy charges and documents, attach to invoices, and file for future reference.
  • Prepare statements at the end of stays or events, attaching all documents before dispatching to customers.
  • Follow up on missing documents with Receptionists/Cashiers on the same day.
  • Notify Credit Supervisors of billing or rate discrepancies.
  • Forward contract copies from Sales Departments to Accounts Departments for file opening once signed by both parties.
  • Prepare Pro-forma Invoices detailing charges and Advance Payment schedules, dispatching to customers not on hotel credit listings.
  • Maintain advance deposits accounts, ensuring full payment receipt before group or individual guest check-in.
  • Attend internal or external meetings to prevent future billing discrepancies.
  • Review routing in Opera to ensure correct AR on individual or group bookings.
  • Set off payments received accordingly in Opera AR.
  • Post Opera AR Journals for Revenue adjustment, Bank Charges, and TA Commission after auditing correctness and approval by Finance Managers.
  • Handle debtor inquiries efficiently, professionally, and in a timely manner.
  • Perform daily collection follow-ups for customers, notifying Credit Supervisors of non-payment issues.
  • Conduct daily Credit Card reconciliations.
  • Update Collection Record Sheets with remarks for every call made to maintain minimum aged balance in debtor ledgers.


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