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Hospitality Accountant
Hospitality Recruitment and Placement Services
Accounting, Auditing & Finance
Lagos Full Time
Hospitality & Hotel NGN 250,000 - 400,000
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Job Summary
As a Hospitality Accountant, you will play a critical role in the financial management of our restaurant. You will be responsible for maintaining accurate financial records, overseeing budgeting, forecasting, and financial reporting to ensure profitability and compliance with regulatory standards.
- Minimum Qualification : Degree
- Experience Level : Mid level
- Experience Length : 3 years
Job Description/Requirements
Responsibilities:
- Financial Reporting: Preparing and analysing income statements, balance sheets, and cash flow statements.
- Budgeting and Forecasting: Assisting in the development of annual budgets and financial forecasts, monitoring performance against those budgets, and providing variance analysis reports.
- Accounts Payable and Receivable: Managing vendor invoices, payments, and customer accounts, ensuring timely processing and follow-up.
- Financial Analysis: Conducting in-depth analysis to identify areas for cost reduction, revenue enhancement, and improved profitability.
- Internal Controls: Establishing and maintaining internal controls to safeguard company assets and conducting regular audits.
- Software Management: Managing and maintaining financial software and systems, implementing improvements for efficiency and accuracy.
- Collaboration: Working with operational teams to monitor inventory, control costs, and optimise profitability.
- Month-end and Year-end Close: Coordinating the month-end and year-end financial close processes.
- Tax Compliance: Ensuring compliance with tax laws and regulations.
- Payroll Administration : Managing payroll and controlling income and expenditure.
- Auditing: Auditing financial information and ensuring accuracy.
- Advising: Providing financial advice to management on various aspects of the business
Requirements:
- Bachelor's degree in Accounting, Finance, or a related field.
- Certified Public Accountant (CPA) or equivalent certification preferred.
- Minimum of 3-5 years of accounting experience, preferably in the hospitality industry.
- Strong understanding of accounting principles and financial reportin
- Proficiency in accounting software and Microsoft Excel.
- Experience with financial audits and compliance with regulatory standards.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Ability to manage multiple tasks and meet strict deadlines.
- Strong communication and interpersonal skills.
- Knowledge of payroll processing and taxation rules.
- Experience with inventory management and cost control procedures.
- Familiarity with restaurant performance metrics such as ADR and RevPAR.
- Ability to work collaboratively with different departments.
- Strong organisational and time management skills.
- High level of integrity and ethical standards.
- Willingness to stay updated on industry trends and best practices.
- Ability to analyze financial data and create detailed reports.
- Experience with financial planning and budgeting.
- Strong understanding of internal controls and auditing processes
- Interested candidates must live withing lekki or its immediate enviroment.
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