Accounting Supervisor

About Four Seasons:

Four Seasons is powered by our people. We are a collective of individuals who crave to become better, to push ourselves to new heights and to treat each other as we wish to be treated in return. Our team members around the world create amazing experiences for our guests, residents, and partners through a commitment to luxury with genuine heart. We know that the best way to enable our people to deliver these exceptional guest experiences is through a world-class employee experience and company culture.         

At Four Seasons, we believe in recognizing a familiar face, welcoming a new one and treating everyone we meet the way we would want to be treated ourselves. Whether you work with us, stay with us, live with us or discover with us, we believe our purpose is to create impressions that will stay with you for a lifetime. It comes from our belief that life is richer when we truly connect to the people and the world around us.

About the location:

Four Seasons Hotel Seoul is located in the heart of Seoul, offering world-class customized services and sophisticated features based on its craft and expertise. The Hotel, standing tall with 29 glittering stories, is meant to look like an ancient Korean palace of old, but stylized and brought into the 21st century. Classic Korean nature motifs and modern aesthetics adorn the décor, reflecting the surrounding mountain backdrop and views of Gyeongbokgung and Changdeokgung Palaces. The Hotel features 8 distinct restaurants and bars, including award-winning Yu Yuan and the secret speakeasy Charles H., ranked as the Best Bar in Korea and one of the Asia's 50 Best Bars. The rest of the hotel is equally stunning with the works of over 130 Korean artists featured throughout the establishment. From contemporary art and pottery pieces in the rooms and halls to the intricate three-dimensional Korean ship created out of hundreds of ivory-colored buttons by Ran Hwang, Four Seasons Hotel Seoul has held the top spot as Seoul’s leading luxury hotel and rightfully so.

Accounting Supervisor

Full time

Position : Supervisor

Four Seasons Hotel Seoul

The Four Seasons Hotel Seoul is looking for a Accounting Supervisor, who shares a passion for excellence and who infuse enthusiasm into everything they do. This position reports to the Assistant Accounting Manager / Assistant Credit Manager.

Education

High School/College education or equivalent experience

Experience

• Minimum three to 12 months experience in related position with Four Seasons or other organization

Desired Skills

• Excellent written and verbal communication skills to prepare and deliver reports
• Highest level of integrity and transparency
• Understand and be familiar with hotel quality standards and service standards
• Apply an ethical approach to the outcome of situations
• Plan and monitor duties to ensure effective and efficient use of all available resources 
  in order to make the greatest impact on the Hotel’s/Resort’s objectives
• Strong interpersonal and relationship building skills to work with peers, superiors and clients

• Work in a safe, prudent and organized manner.

• Clear understanding of policies and procedures.
• Commitment to follow all local and corporate policies and procedures.
• Clear understanding of standards and service standards of the hotel.

Eligibility

• Require a working technical knowledge of generally accepted accounting principles, and Four Seasons Internal Controls, Policies and Procedures.
• Working knowledge is generally learned on-the-Job or through a series of professional certifications.
• Ability to operate fax, scanner, copier, telephone, adding machine, calculator.
• Require knowledge of and the ability to operate computer equipment and Microsoft Office Suite software.
• Ability to read, write and speak English

Key Functions

People Funtions:

• Maintain harmonious and professional relationship with co-workers and supervisors.
• Comply with and enforce Four Seasons’ Category One and Category Two Work Rules and Standards of Conduct as set forth in EmPact.
• Assist in other areas of the accounting office as needed.
• Supervises the operation in the absence of the manager/assistant manager, ensuring all service activities are in place and under control
• Conduct training sessions for the Front Office staff and Catering & Sales staff on credit policies and procedures.
• Communicate any instances where paperwork is at variance with Internal Controls to the Income Auditor, Staff Accountant and Assistant Director of Finance

Product functions:

• Review and control all Accounts Payable transactions, ensuring proper approval workflows are followed for electronic payments, wire transfers, and manual payments in accordance with internal authorization policies and signatory requirements.
• Verify and process employee expense claims and petty reimbursements by checking supporting receipts, ensuring correct account coding, and posting entries in the accounting system in line with company policy.
• Prepare and execute wire transfers by completing authorization forms, obtaining required dual approvals, and ensuring all supporting documents such as invoices and contracts are properly attached and validated.
• Maintain and update monthly payment schedules for all recurring and non-recurring disbursements, ensuring timely submission for approval and accurate reflection in bank reconciliation and month-end closing.
• Reconcile vendor statements regularly, identify discrepancies such as unpaid, overpaid, or duplicated items, and communicate directly with vendors to resolve differences in a timely manner.
• Ensure proper accrual accounting by recording expenses for goods and services received but not yet invoiced, and prepare adjusting journal entries for invoices received after period close.
• Prepare monthly Accounts Payable reports including AP aging, outstanding liabilities, and accrual summaries to support financial reporting and month-end close.
• Support Accounts Receivable functions by managing customer credit terms, monitoring overdue balances, and collaborating with relevant departments to ensure smooth collection processes, while reviewing and managing receivable balances to ensure accuracy and completeness..
• Review and validate customer invoices for accuracy and completeness, ensuring timely billing and correction of any discrepancies prior to issuance or reissuance.
• Reconcile daily revenue data between PMS, POS, and accounting systems, ensuring consistency of room, food & beverage, and other hotel revenue postings.
• Audit all hotel revenue streams including rooms, F&B outlets, and banquet operations to ensure completeness, accuracy, and compliance with internal control procedures.
• Reconcile credit card settlements and bank receipts on a daily basis, investigate variances, and ensure all outstanding items are properly tracked and resolved.
• Prepare VAT and related tax filings on a monthly or quarterly basis, ensuring accurate compilation of supporting schedules and timely submission to tax authorities.
• Perform monthly general ledger reconciliations for revenue, receivables, and liability accounts, analyzing variances and preparing supporting documentation.
• Ensure compliance with internal control policies and accounting manuals, and report any exceptions or control weaknesses to finance management.
• Maintain organized and audit-ready financial records, including invoices, contracts, approvals, and reconciliation working papers for internal and external audits.
• Assist in month-end and year-end closing activities, including journal entries, accruals, reconciliations, and preparation of financial reports.
• Perform additional accounting, reporting, and administrative duties as assigned by the Director of Finance or Assistant Director of Finance.
• Review monthly P&L statements against related liability account balances and investigate and resolve any discrepancies between revenue recognition and outstanding tax or liability balances.

Profit functions:

• Manage Accounts Payable processes including invoice processing, tax compliance (sales/use tax or GST), proper documentation, and timely payment to vendors and tax authorities in accordance with applicable regulations.
• Oversee Accounts Receivable functions including billing, city ledger postings, collections, credit control, and write-off/adjustment processes, ensuring compliance with hotel policies and approval hierarchies.
• Monitor guest ledger balances and investigate discrepancies, escalating unresolved issues and ensuring timely resolution of high-risk or high-balance accounts.
• Review overdue accounts and implement collection procedures, including coordination of approved write-offs and adjustments with Finance leadership and General Manager.
• Ensure accurate daily processing of AR transactions, including charges and payments to city ledger accounts.
• Perform Income Audit duties by reviewing revenue controls, credit issuance, and F&B POS exception reports to ensure proper authorization and compliance with internal control standards.
• Track and reconcile hotel gift card sales, redemptions, and related liabilities for accurate financial reporting.
• Support month-end closing activities including reconciliations, revenue verification, accruals, and financial reporting.
• Ensure compliance with internal controls, accounting policies, and corporate procedures, and report exceptions to Finance management.
• Perform additional accounting, credit control, and audit-related duties as assigned by Finance leadership.

We look forward to receiving your application!