Working at Junior levels in the Payables, receivables, General Accounting department of the hotel to gain a basic understanding of the hotel operation process.
Growth to Supervisor takes about 1-3 years (sometimes many more) depending on hotel training plans, individual interest, and learning abilities. At Supervisory levels, individuals learn to manage small teams, become accountable for tasks of the team, and manage a process.
From here individuals may take anywhere between 2-3 years (Sometimes much more) and are required to study to gain knowledge to be able to handle Monthly Financial Statements (as per USALI) Management Payments, receivables, approval processes Create Management Reports Overall leadership for the accounting department, hiring, promotions, team management.
Hospitality management master classes will be delivered in Hybrid mode. There will be some pre-recorded videos and Few Live Sessions. Most of the course will be delivered through live interactions and practical examples based on your work experience.
This Master in Hospitality Course will be catered to individual needs and the focus will be emphasized on individual past experience in hotel accounting and learning abilities.
You will need to complete Assigned Pre-recorded videos
Once a week we will have a virtual class via zoom/google meet to discuss live issues and explaining the concepts shared in pre-recorded videos. So you will be able to prepare on your own pace and get interactive learning as well.
Each week you will be given an assignment to complete.
At the end, of course, you will be given a master assignment, after the successful completion of such an assignment, you will get the certificate of achievement.
Fundamentals of Accounting Principals
Setting up the Financial System for Hospitality
Understanding how different department works and impact financial statements Income Audit Department Cost Control Process Credit and AR department Accounts Payables Fixed Asset Controls Hotel Operations department
Monthly Financial Statement closing process
USALI Standards and Reports
Month End Reporting Process
Internal controls in hospitality