Associate Accountant

1. Position OverviewWe are seeking a meticulous, motivated, and detail-oriented Associate Accountant to join the Finance team of a hotel. The successful candidate will support the hotel's financial accounting, daily revenue reconciliation, accounts payable and receivable, financial reporting, and internal control activities.This role involves working closely with various hotel departments to ensure accurate financial records, timely reporting, effective cost management, and compliance with applicable accounting standards and regulatory requirements.The Associate Accountant will also contribute to improving financial processes, strengthening internal controls, and supporting management in making informed financial and operational decisions.This career placement is supported by PATMI Partnership, providing an opportunity for the successful candidate to develop practical accounting competencies and gain valuable exposure to the hospitality industry.2. Key ResponsibilitiesA. Financial Accounting & ReportingMaintain accurate and complete accounting records in accordance with applicable accounting standards and company policies.Prepare and post journal entries, accruals, prepayments, adjustments, and other general ledger transactions.Assist in monthly, quarterly, and annual financial closing activities.Prepare balance sheet reconciliations, financial schedules, and supporting documentation.Assist in preparing financial statements, management accounts, and financial performance reports.Investigate accounting discrepancies and ensure timely resolution.B. Accounts Payable & ReceivableReview and process supplier invoices, ensuring accuracy and compliance with purchasing and payment procedures.Verify purchase orders, goods received records, and supporting documentation before processing payments.Maintain supplier accounts and assist in preparing payment schedules.Monitor outstanding receivables from corporate clients, travel agents, online travel agencies (OTAs), and other customers.Assist in following up on overdue payments and resolving billing discrepancies.Perform periodic reconciliations of supplier and customer accounts.C. Hotel Revenue Accounting & ReconciliationVerify daily revenue transactions from guest rooms, food and beverage outlets, banquets, events, and other hotel services.Reconcile revenue reports generated from Property Management Systems (PMS), Point-of-Sale (POS) systems, and accounting systems.Review cash collections, credit card transactions, electronic payments, refunds, and adjustments.Assist in monitoring guest deposits, advance payments, and outstanding guest accounts.Investigate revenue discrepancies and coordinate with Front Office and operational departments to resolve issues.Support accurate revenue recognition and financial reporting.D. Bank Reconciliation & Cash ManagementPrepare bank reconciliations and investigate outstanding transactions.Monitor daily cash collections, deposits, and payment settlements.Reconcile credit card receipts, payment gateway transactions, and bank deposits.Assist in monitoring petty cash and ensuring compliance with cash-handling procedures.Maintain accurate cash and bank records to support financial controls.E. Cost Control, Budgeting & Financial AnalysisAssist in monitoring operating expenses against approved budgets.Prepare basic expense analyses and identify significant variances.Support inventory accounting and reconciliation for food and beverage, housekeeping supplies, and other operating inventories.Work with Purchasing and operational departments to verify expenses and investigate discrepancies.Assist in preparing financial information for budgeting and forecasting exercises.Identify opportunities to improve accounting efficiency and strengthen cost controls.F. Taxation, Audit & Regulatory ComplianceAssist in preparing GST/VAT schedules, tax-related documentation, and statutory financial information, as applicable.Ensure proper documentation and compliance with internal accounting policies and approval procedures.Support internal and external audits by preparing schedules, reconciliations, and supporting records.Maintain accurate audit trails and organised financial documentation.Assist in implementing audit recommendations and improvements to internal controls.Ensure financial information is handled with appropriate confidentiality and integrity.G. Finance Operations & Process ImprovementCoordinate with Front Office, Food & Beverage, Purchasing, Human Resources, and other hotel departments on accounting matters.Assist in maintaining fixed asset registers, depreciation schedules, and asset records.Support improvements in accounting workflows, reporting processes, and financial systems.Participate in the adoption of digital accounting tools and process automation initiatives.Provide administrative and analytical support to the Finance Manager and Financial Controller.Undertake other finance-related responsibilities as assigned.3. Job RequirementsEducational QualificationsDiploma or Bachelor's Degree in Accounting, Finance, Business Administration, or a related discipline.Candidates pursuing professional qualifications such as ACCA, CPA, or equivalent are encouraged to apply.Relevant ExperiencePreferably 1–3 years of experience in accounting, finance, or related functions.Prior experience in hotels, hospitality, food and beverage, or service-oriented businesses is advantageous.Fresh graduates with strong accounting fundamentals and a willingness to learn may be considered.Technical SkillsSound understanding of basic accounting principles, financial transactions, and general ledger accounting.Proficiency in Microsoft Excel, including formulas, reconciliation, and basic financial analysis.Familiarity with accounting software or enterprise resource planning (ERP) systems.Exposure to hotel PMS and POS systems would be an advantage.Basic knowledge of financial reporting, GST/VAT, audit requirements, and internal controls.Ability to prepare accurate accounting schedules and reconcile financial information.Professional & Personal CompetenciesStrong numerical aptitude, analytical thinking, and attention to detail.High standards of integrity, professionalism, and confidentiality.Good organisational and time management skills.Ability to manage multiple assignments and meet reporting deadlines.Strong communication and interpersonal skills.Willingness to collaborate with colleagues across different hotel departments.Proactive, adaptable, and committed to continuous learning.Customer-service awareness and appreciation of the operational demands of the hospitality industry.4. Ideal Candidate ProfileThe ideal candidate is a responsible, analytical, and detail-oriented accounting professional who enjoys working in a dynamic hospitality environment.The individual should demonstrate strong accounting fundamentals, a willingness to learn hotel-specific financial processes, and the ability to work effectively with both finance and operational colleagues.Above all, the successful candidate should possess integrity, accuracy, accountability, a continuous improvement mindset, and a genuine interest in developing a career in hospitality finance.