Financial Accountant at Centre For Research in Enterprise and Action in Management (CREM) Nigeria

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
114931
Job Views
59

Job Description






Job Description




  • The Financial Accountant is responsible for managing the financial operations, ensuring accuracy in financial reporting, and maintaining compliance with industry-specific regulations.

  • This role involves preparing financial statements, analyzing financial data, and supporting management in making informed decisions to optimize revenue and control costs.

  • The Financial Accountant works closely with operational teams to ensure efficient financial management across all hospitality functions.



Responsibilities




  • Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow reports.

  • Analyze financial performance, identifying trends, variances, and opportunities for cost savings or revenue growth.

  • Support management in budgeting, forecasting, and financial planning.

  • Monitor and analyze revenue streams from accommodation, food and beverage, events, and other services.

  • Track operational expenses, including payroll, procurement, and maintenance costs.

  • Assist in implementing cost-control measures to improve profitability.

  • Maintain and reconcile general ledger accounts to ensure accuracy and completeness.

  • Perform monthly, quarterly, and annual closing activities.

  • Record and review journal entries for revenue, expenses, and other transactions.

  • Oversee accounts payable and receivable processes, ensuring timely invoicing, collections, and payments.

  • Reconcile bank statements and manage cash flow to ensure sufficient liquidity.

  • Collaborate with operational teams to streamline financial processes and enhance efficiency.

  • Utilize property management systems (PMS) and financial software to automate and improve reporting accuracy.

  • Communicate financial results and recommendations to senior management



Requirements




  • Bachelor’s degree in Accounting is required

  • A Master’s degree in Finance or Business Administration (MBA) is a plus.

  • 5 - 7 years of experience in accounting,



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