Accounts Payable

Invoice Processing: Review and process all vendor invoices accurately and efficiently, ensuring they are recorded in the system and comply with company policies. Payment Management: Prepare and execute timely payments to vendors in accordance with established payment terms, maintaining a clear record of all transactions. Vendor Reconciliation: Reconcile vendor statements and resolve discrepancies between vendor records and the hotel accounts payable system. Purchase Orders & Contracts: Ensure all invoices are supported by appropriate purchase orders and contracts. Expense Reporting: Assist in monthly expense reports and financial statements. Accounting Entries: Record and maintain accurate accounting entries for payables aligned with the hotel budget. Vendor Communication: Maintain positive working relationships with vendors and address billing inquiries. Payment Schedule Management: Manage payment schedules and optimize cash flow. Compliance & Documentation: Ensure compliance with local tax regulations, VAT, withholding tax, and accounting policies. Internal Controls: Implement internal controls related to accounts payable processes to prevent fraud. Month-End Closing: Assist in month-end closing procedures.