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Hotel Accountant

Elvaridah

Lagos, Nigeria Permanent

Published 1 month ago · Expires 3 weeks from now

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Job description

An established company is recruiting for the following position. Position Overview: - The Hotel Accountant will be responsible for managing the hotel’s financial records, ensuring accurate reporting, controlling costs, supporting budgeting processes, and ensuring compliance with financial regulations. The role is critical to maintaining the financial health of the hotel and supporting management decision-making. Key Responsibilities: Financial Reporting & Bookkeeping - Prepare and maintain accurate financial records, ledgers, and journals. - Process daily revenue reports, including room sales, food & beverage, and other services. - Reconcile bank statements, cash, POS systems, and petty cash accounts. - Prepare monthly, quarterly, and annual financial statements. Accounts Payable & Receivable - Manage supplier invoices, verify accuracy, and process payments timely. - Monitor accounts receivable, follow up on outstanding guest and corporate bills. - Maintain proper documentation for all transactions. Budgeting & Cost Control - Assist in preparing annual budgets and financial forecasts. - Monitor departmental expenses and highlight variances. - Implement cost-control measures, especially for food, beverages, utilities, and inventory. - Track payroll expenses and staff-related costs. Taxation & Compliance - Prepare and file statutory returns (VAT, WHT, PAYE, etc.) as required. - Ensure compliance with company policies and regulatory requirements. - Support external and internal audits by providing required documentation. Inventory & Asset Management - Monitor stock levels for food, beverages, and hotel supplies in collaboration with store and F&B managers. - Conduct periodic stock counts and reconcile variances. - Maintain fixed asset register and calculate depreciation. Systems & Process Improvement - Maintain and manage hotel accounting systems and POS integrations. - Recommend improvements to financial processes and internal controls. Required Qualifications: & Experience - Bachelor’s degree in Accounting, Finance, or a related field. - Professional certification (ICAN, ACCA, or equivalent) is an added advantage. - Minimum of 2–5 years’ experience as an accountant, preferably in a hotel or hospitality environment. - Strong knowledge of hotel accounting systems and POS platforms is an advantage. - Good understanding of Nigerian tax laws and statutory compliance.

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