Job description
Job Description Job SummaryWe are seeking an experienced and detail-oriented Accountant to manage the hotel's financial records, maintain effective financial controls, and provide accurate financial information to support business decisions.Key Responsibilities1. Accounting & Financial ManagementMaintain accurate and up-to-date financial records and accounting transactions.Record and review daily financial transactions, including sales, expenses, purchases, and payments.Prepare and maintain general ledger accounts and supporting schedules.Ensure proper documentation and authorization of financial transactions.Assist with month-end and year-end closing processes.2. Financial ReportingPrepare daily, weekly, and monthly financial reports for management review.Monitor revenue, expenses, cash flow, and profitability.Prepare management reports and provide relevant financial insights.Analyze financial results and highlight significant variances, trends, and areas requiring attention.Provide accurate financial information to support management decision-making.3. Reconciliation & Cash ManagementPerform regular bank, cash, POS, and other relevant account reconciliations.Monitor daily cash collections and ensure proper recording and reporting.Investigate and resolve discrepancies identified during reconciliations.Monitor cash flow and ensure adequate controls over cash handling.Work with relevant departments to ensure all revenue is properly captured and accounted for.4. Accounts Payable & ReceivableManage accounts payable and accounts receivable processes.Verify invoices, payment requests, receipts, and supporting documentation.Track outstanding receivables and follow up on overdue balances.Ensure suppliers and vendors are paid accurately and on time.Maintain accurate records of supplier and customer accounts.5. Budgeting & Cost ControlAssist in preparing and monitoring departmental and business budgets.Monitor operating expenses and identify opportunities for cost reduction.Analyze expenditure and investigate unusual or unexpected costs.Monitor operational costs, wastage, and potential revenue leakages.Provide recommendations to improve cost efficiency and profitability.6. Inventory & Revenue ControlSupport the monitoring and reconciliation of inventory records.Work with relevant departments to identify stock variances, wastage, and potential losses.Monitor revenue generated from rooms, food and beverages, and other hotel services.Ensure revenue is accurately captured across relevant sales channels.Identify discrepancies or leakages and recommend corrective actions.7. Compliance & Internal ControlsEnsure accounting activities comply with applicable financial regulations and company policies.Maintain effective financial controls and proper documentation.Support statutory filings, tax-related activities, audits, and regulatory requirements.Assist internal and external auditors by providing requested financial records and information.Identify control weaknesses and recommend improvements.8. Business & Financial AnalysisAnalyze financial data to identify trends, risks, and opportunities.Provide management with financial insights that can support business and revenue decisions.Conduct cost and profitability analysis where required.Support management in evaluating new business opportunities and operational initiatives.Monitor financial performance against budgets and previous periods.RequirementsBachelor's degree or HND in Accounting, Finance, or a related field.4–6 years of relevant accounting experience.Professional accounting qualification or progress toward one (e.g., ICAN, ACCA, or equivalent) is an added advantage.Previous experience in the hospitality, hotel, restaurant, or service industry is highly desirable.Strong knowledge of accounting principles and financial reporting.Experience with bank, cash, and POS reconciliations.Good knowledge of accounts payable and accounts receivable processes.Experience with budgeting, cost control, and financial analysis.Strong understanding of internal financial controls.Proficiency in Microsoft Excel and accounting software such as QuickBooks, Sage, or similar platforms.Strong numerical, analytical, and problem-solving skills.Excellent attention to detail and accuracy.Good communication and organizational skills.Ability to work independently and meet reporting deadlines.Key CompetenciesFinancial ReportingGeneral AccountingBank & POS ReconciliationCash ManagementAccounts Payable & ReceivableBudgeting & ForecastingCost ControlInventory & Revenue ControlFinancial AnalysisInternal ControlsTax & Regulatory ComplianceMicrosoft ExcelAccounting SoftwareProblem SolvingAttention to Detail I'm interested