Internal Auditor at Villa Park Hotels and Suites

Job Summary

• An Internal Auditor in a hotel evaluates the hotel's internal controls, financial reliability, and compliance with regulations to ensure operational effectiveness and identify risks.
• Key responsibilities include performing full audits of daily revenues and expenses, developing and implementing audit plans, identifying areas for improvement, and presenting findings to management.
• The role requires strong analytical skills and attention to detail to safeguard assets and improve profitability.

Key Responsibilities

• Conduct audits: Perform comprehensive internal audits of financial records, operational processes, and internal controls to assess their effectiveness.
• Review financial data: Evaluate accounting documentation, revenue statements, expense reports, and transaction logs to ensure accuracy and compliance.
• Risk management: Identify potential financial and operational risks, and recommend measures to mitigate them and prevent fraud or error.
• Process improvement: Analyze financial and operational processes to find opportunities for cost savings, increased efficiency, and improved profitability.
• Ensure compliance: Stay informed about and ensure adherence to relevant legal, regulatory, and industry standards, including tax, labor, and data privacy laws.
• Report and communicate: Prepare and present detailed audit reports to management, documenting findings, risks, and recommendations.Maintain open communication with management and other stakeholders.
• Follow-up: Conduct follow-up audits to monitor the implementation of management's interventions and corrective actions.

Requirements

• Educational Qualifications and Experience: Typically requires a Bachelor's Degree in Accounting, Finance, or a related field with 4 years exerience.
• Professional certifications: Certifications such as Certified Internal Auditor (CIA), CPA, or CFE are often preferred.
• Analytical skills: Strong ability to analyze data, identify trends, and assess root causes of issues.
• Attention to detail: Meticulous in reviewing financial and operational data to ensure accuracy.
• Communication: Excellent written and verbal communication skills to effectively communicate findings to management and staff.
• Integrity: High level of integrity, professionalism, and ethical conduct.
• Technical proficiency: Proficiency in auditing tools and software, and Microsoft Office Suite (Excel, Word, PowerPoint).