Job Information
Hyatt Team Leader-AC%27s Payable in NINGBO, China
Description:
1.Fully conversant with the Hotel’s Accounting Policies &Procedures
2.Understands thoroughly Hyatt International objectives in managingAccounts Payable function so as to provide an effective system to trackAccounts Payable for effective cash flow management.
3.Provides a summary of the aging report required by the Accountingand Control division to prepare monthly reports and ensure loyalty of keysupplies of the hotel, resulting in lower cost per unit.
4.Obtains, date-stamps, and files copies of all documents that supportauthorized purchases (PR’s, PO’s, Delivery Notes, signed Receiving Tickets,etc) for future matching to invoices.
5.Processes daily invoices; i.e. to match them to their supportingauthorisations and receiving records.
6.Prepares account allocation.
7.Batches invoices, posts them and distributes them to DepartmentHeads for their approval.
8.Compares details of quantities, unit costs, etc on regular purchaseorders to those on authorized purchase requests.
9.Spot checks periodically internal purchase orders for food andbeverage items against their appropriate market lists Audit price and quantityvariances as per daily Receiving Variance Report.
10.Checks accuracy of account allocations.
11.Determines all payments due and to submit the disbursement scheduleto the Director of Finance/Asst Director of Finance for approval prior to theactual preparation of checks.
12.Prepares payments and submits them, with their supports attached,for final approval and signature.
13.Raises and records manual checks for urgent payments.
14.Prepares monthly accruals for goods and services received, but notinvoiced.
15.Cooperates and assists in reconciling the month-end inventory bookbalances to actual physical counts.
16.Directs employees to ensure productivity meets standards given inaccordance with Hyatt Design Standards and Criteria and the Hyatt InternationalFinance Operations Manual.
17.Focuses attention on improving productivity levels and the need toprudently manage utility/payroll costs within acceptable guidelines ensuringoptimum deployment and energy efficiency of all equipment.
18.Ensures new technology and equipment are embraced, improvingproductivity whilst taking work out of the system.
Primary Location: CN-33-Ningbo
Organization: Park Hyatt Ningbo
Job Level: Full-time
Job: Accounting
Req ID: NIN000850
Hyatt is an equal employment opportunity and affirmative action employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status or any other group protected by law.