AUDITOR

POSITION TITLE: Auditor (Non-Gaming Audit)

I. MAJOR RESPONSIBILITIES AND DUTIES:

1. Collects and accounts Non-Gaming business units end of day reports, receipts, vouchers or other source documents for audit and review to ensure the reported revenue are accounted and reported based on applicable control policies, procedures and accounting standards.
2. Reviews and audits all receipts, vouchers and guest folios as assigned on a daily basis to ascertain its transactional accuracy and completeness of settlement and compliance with specific procedures.
3. Prepares and issues summary of daily audit findings or deviations noted during the course of audit to respective business unit management for immediate resolution, correction or issuance of appropriate disciplinary actions, if applicable. He/she also monitors all open audit findings for immediate resolution or action.
4. Performs announced and unannounced cash audit and spot checks in all Non-Gaming business units determined by the Income Control Manager and/or Income Control Assistant Manager to assess the compliance to various policies and control checks implemented by the company.
5. Monitors issuance of all accountable forms (e.g. Official Receipt, Acknowledgement Receipt) and other forms to ensure conformity to applicable laws or regulations as well as regulate the circulation of these documents to minimize commission of fraud or errors.
6. Prepares and maintains accurate and up-to-date audit and transaction reports, cash and settlement schedules, voucher and gift certificate utilization, summary of receipts, folios or vouchers needed for recording and accounting disclosures and account analysis. Ensures that the reports are updated regularly and match to correct chart of accounts.
7. Assists Non-gaming business units in the proper implementation of cashiering procedures to ascertain substantial compliance to the promotion or event terms and conditions or discount mechanics are followed to minimize transactional errors and non-recognition of revenue due to non-compliance.
8. Maintains an organized and complete file of all receipts, vouchers or folios on a daily, weekly or monthly basis for ease of retrieval and compliance to various laws (e.g. Data Privacy) and BIR invoicing requirements.
9. Prepares accurate and timely Daily Revenue Report (DRR) and all related disclosures and reports in accordance to established guidelines and revenue recognition principles for the use of relevant business units and management.
10. Completes daily and monthly standard and special journal entries and schedules to correctly recognize and classify revenues earned. Performs reconciliation and adjusting entries to correct irregular revenue balances or classification after review and approval.
11. Assists in the completion of all balance sheet reconciliation schedules on a monthly basis and prepares the necessary adjustments if necessary to reflect the correct balances. Initiates the correction of abnormal transactions after careful examination and validation.
12. Coordinates with the Manager or Asst. Managers on various tax and accounting issues identified and noted in the daily reclassification and review of revenue transactions.
13. Prepares monthly schedules and analysis reports on revenue results, complimentary utilization and tax classifications, e-Sales reconciliation and filing of returns as well as Value Added Tax (VAT) schedules to ensure that these are aligned with the reported revenue per books and do comply with BIR’s regulations.
14. Investigates individual transactions in the PMS, POS or other relevant financial systems to ensure all booked revenue transactions are captured entirely and mapped to correct accounts during interface. Coordinates with the other auditors on the necessary supporting documents to guarantee accuracy of the booked transactions.
15. Assists in the implementation of proper control procedures circulated through various company policies, departmental memoranda or guidelines that will have a direct impact on the reported revenue.
16. Assists in the completion of month-end closing journal entries, reports, schedules and other deliverables in an accurate, complete and timely manner.
17. Assists in the preparation and collation of all required documents or schedules needed in an internal, tax or external audit engagement of the Company at the soonest possible time.