Income Auditor

Faena The Red Sea JOB OVERVIEW The Income Auditor is responsible for reviewing, verifying, and reconciling all revenue transactions to ensure accuracy and completeness of financial records. The role ensures that all income from operations is correctly recorded, properly supported, and compliant with company policies and accounting standards. It also helps identify discrepancies, prevent revenue loss, and support accurate financial reporting. DUTIES AND 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

Bachelor’s degree in Accounting, Finance, Business Administration, or related field  Diploma in Accounting or Hospitality Management is an advantage  2–4+ years of experience in auditing, accounting, or hotel finance (preferably in hospitality)  Strong understanding of revenue accounting and internal control procedures  Knowledge of hotel systems such as POS, PMS, and financial reporting tools  Familiarity with accounting systems such as SAP, Oracle NetSuite, or similar platforms  Proficiency in Microsoft Excel for reconciliation and reporting