Revenue VerificationReview daily revenue reports from operational systems (POS, booking systems, sales systems).
Ensure all revenue transactions are properly recorded and supported by documentation.Verify accuracy of sales postings to the accounting system.
ReconciliationReconcile daily revenue between operational systems and the accounting system.
Reconcile cash, credit card, online payments, and other payment methods with bank or settlement reports.Investigate and resolve discrepancies in revenue records.
Audit and ComplianceEnsure revenue recognition follows company policies and applicable accounting standards.
Review discounts, refunds, voids, and adjustments to ensure proper authorization.Monitor compliance with internal control procedures related to revenue handling.
ReportingPrepare daily, weekly, and monthly revenue reports.Highlight unusual variances or trends to management.
Assist in preparing financial reports related to revenue.Documentation and Record KeepingMaintain proper documentation for all audited transactions.
Ensure supporting documents are complete and organized for future reference and audits.
CoordinationWork closely with operations, sales, and front-office teams to resolve discrepancies.
Coordinate with accounting staff for accurate revenue posting and month-end closing.
Support Financial ClosingAssist in month-end and year-end closing processes related to revenue accounts.Support internal and external audits by providing required documentation.
