Income Auditor

Island Routes is seeking to hire an Income Auditor to join our Team today!

Income Auditor

The Income Auditor is responsible for ensuring the accuracy and completeness of revenue transactions in compliance with company policies. This role involves preparing detailed daily and monthly sales reports and collaborating with various departments to ensure timely and accurate processing of all financial transactions.

Core Responsibilities:

Verify and Audit Daily Revenue Transactions

• Reconcile sales reports from different departments with the income posted in the accounting system.
• Cross-check cash, credit card, and other payment methods with sales reports to ensure completeness and accuracy.
• Investigate and resolve discrepancies between reported revenue and actual receipts.
• Ensure that all discounts, voids, and refunds are properly authorized and documented.

Record Keeping and Internal Controls

• Maintain detailed records of daily revenue, corrections, and adjustments.
• Prepare daily and monthly income audit reports for management review.
• Ensure that all reports and documentation are properly archived for future audits.
• Ensure adherence to cash-handling procedures and financial reporting standards.
• Support periodic internal and external audits by providing requested documentation.

Reporting and Analysis

• Calculate and prepare weekly and monthly commission reports for supervisor review.
• Support the preparation of monthly financial statements by ensuring accurate income reporting.

Collaboration and Communication

• Work closely with the sales and other revenue-generating departments to ensure accurate reporting of income.

• Actively participate in departmental meetings to contribute insights and updates

• Perform any other related duties as assigned by management to support the financial operations of the organization.

Qualification & Experience:

• Associate Degree in Accounting, Business Administration, or related field.
• Entry-level, but any internships or work experience in accounting is a plus.
• Proficiency in Excel.
• General understanding of accounting practices and principles.

Job Requirements:

• Strong ability to prioritize tasks and manage expectations effectively.
• Exceptional attention to detail and accuracy.
• Ability to work independently and demonstrate initiative.
• Strong problem-solving skills and analytical mindset.
• Strong communication and interpersonal skills to manage internal and external relationships.

Please Note: Only Shortlisted Candidates Will Be Contacted. Thank you for your application.