• Reports financial and operational results on a timely basis.
• Approval of all cash disbursements.
• Approves, by signing or initialing, all monthly journal vouchers, before they are posted to the general ledger.
• All accounting records of the hotel must be maintained in the manner prescribed by the Dusit Group. Similarly, all reports and financial statements must be prepared on a timely basis in accordance with the instructions prescribed by the Dusit Group.
• Signs, jointly with the Manager or his representative, all checks and other payments from all of the hotel’s bank account.
• Must comply with all Standards instruction and memorandums issued by the Dusit Group Executive Committee.
• Ensures that the periodical physical count and valuation of all food & beverage and operating supplies inventories are taken according to the Standard Procedures.
• Approval of all allowances and adjustments, and ensuring that they are all subsequently approved by the Manager.
• In addition to the preparation of all financial statements, accounting and statistical reports and any other special reports required by the Corporate Office or Manager, to Comptroller is responsible for the effective interpretation of said reports
• The safekeeping of all leases, contracts, and any other legal records and documents which may affect the financial status of the hotel.
• Sets up and maintains a system of internal controls and the most effective control of the assets and revenues of the hotel.
• Ensures that the quarterly physical count and valuation of all operating equipment inventories are taken effectively and properly handled, reported, recommended for further improvement.
• Ensures that local tax matters, including both income and the taxes are properly handled.
• Ensures that all unclaimed wages are redeposited promptly in the bank account or otherwise treated in accordance with local regulations.
• Generally speaking all blanket insurance policies will be administered from Corporate Office, while the Comptroller is charged with the responsibility to look over to ensure that the insurance is handled effectively.
• Signs, signifying his inspection and approval of all Daily Reports of operations, Monthly Reports, Monthly Trend of Operations Report, Monthly Source of Business Report and Monthly Auditor’s Check List Report.
• All laws and fiscal regulations of the country of location (which affect financial matters of the hotel) must be complied with. This includes the responsibility for seeing that proper permits and licenses are obtained for such things as currency transfers.
