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Accountant
WW Luxury Limited
Accounting, Auditing & Finance
Lagos Full Time
Hospitality & Hotel NGN 250,000 - 400,000 Negotiable
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Job Summary
The Hotel Accountant is responsible for maintaining the financial records of the hotel, ensuring accurate reporting, and managing financial transactions. This role involves preparing financial statements, overseeing accounts payable and receivable, budgeting, and assisting with audits.
- Minimum Qualification : Degree
- Experience Level : Senior level
- Experience Length : 5 years
Job Description/Requirements
Responsibilities:
- Maintain accurate financial records and ensure all transactions are documented.
- Process accounts payable and receivable, ensuring timely payments and collections.
- Prepare and analyze financial statements, including balance sheets, income statements, and cash flow reports.
- Generate monthly, quarterly, and annual financial reports for management review.
- Assist in the preparation of the annual budget and financial forecasts.
- Monitor financial performance against the budget and provide insights to management.
- Support internal and external audits by providing necessary documentation and explanations.
- Ensure compliance with financial regulations, policies, and procedures.
- Collaborate with the revenue management team to analyze revenue trends and maximize hotel profitability.
- Maintain accurate records of all revenue-generating activities.
- Conduct financial analysis to identify trends, variances, and areas for improvement.
- Provide recommendations for cost control and operational efficiency.
- Ensure timely payment and filing of all federal, state, and local taxes.
- Maintain records for tax compliance and assist with tax audits as required.
- Monitor expenses and implement cost control measures to enhance profitability.
- Work with department heads to identify budgeting needs and cost-saving opportunities.
- Utilize hotel management and accounting software efficiently for record-keeping and reporting purposes. Stay updated on accounting best practices and technologies relevant to the hospitality industry.
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Requirements:
- Bachelor’s degree in Accounting, Finance, or a related field; CPA designation is a plus.
- Proven experience in accounting or finance, preferably within the hospitality industry.
- Strong knowledge of accounting principles and financial regulations.
- Proficiency in accounting software (e.g., QuickBooks, Sage, or hospitality-specific software) and MS Office Suite.
- Excellent analytical, organizational, and problem-solving skills. Strong attention to detail and accuracy.
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