Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
1 day ago

Additional Details

Job ID
122371
Job Views
25

Job Description






Job Descirption




  • The Accountant is responsible for overseeing financial transactions, maintaining financial records, preparing reports, and ensuring compliance with accounting regulations. 

  • The role plays a crucial part in budgeting, financial planning, and cost management within the hospitality industry.



Key Responsibilities




  • Maintain accurate financial records and ensure proper documentation of all transactions.

  • Prepare financial statements, including profit and loss accounts, balance sheets, and cash flow statements.

  • Manage accounts payable and receivable, ensuring timely processing of invoices and payments.

  • Reconcile bank statements and financial discrepancies by investigating and resolving accounting issues.

  • Monitor budgets, control expenditures, and provide financial insights to improve cost efficiency.

  • Prepare and submit tax filings, VAT returns, and other statutory financial obligations in compliance with Nigerian tax laws.

  • Conduct internal financial audits and assist external auditors during financial reviews.

  • Track revenue from different hospitality services (e.g., accommodation, food and beverage, events) and ensure accurate reporting.

  • Monitor cash flow and liquidity to support daily operations and long-term financial stability.

  • Maintain general ledger accounts, journal entries, and month-end/year-end financial reporting.

  • Ensure payroll processing is accurate and compliant with tax deductions and labour laws.

  • Implement financial controls and policies to prevent fraud and financial mismanagement.

  • Collaborate with procurement and inventory teams to ensure proper financial planning and stock valuation.

  • Prepare periodic financial reports and provide insights to management for decision-making.

  • Stay updated on financial regulations, industry trends, and accounting best practices.

  • Conduct cost analysis for food and beverage operations, ensuring profitability and cost efficiency.

  • Assist in pricing strategies by analyzing financial data and market trends.

  • Ensure compliance with financial and accounting policies specific to the hospitality industry.

  • Review and approve financial transactions to ensure accuracy and adherence to company policies.

  • Assist in financial forecasting and strategic planning to support business growth.

  • Liaise with banks and financial institutions for account management, loans, and investment activities.

  • Manage financial risks by identifying and mitigating potential financial challenges.

  • Oversee the financial aspect of contracts with vendors, suppliers, and service providers.

  • Evaluate and recommend financial software and tools to enhance efficiency in accounting operations.

  • Train and guide junior accounting staff on financial procedures and best practices.



Requirements




  • Bachelor’s Degree in Accounting, Finance, or a related field.

  • Minimum of 3 - 5 years of accounting experience, preferably in the hospitality industry.

  • Professional certification such as ICAN, ACCA, or equivalent is preferred.

  • Strong knowledge of financial reporting, budgeting, and cost control.

  • Proficiency in accounting software such as QuickBooks, Sage, or similar platforms.

  • Excellent analytical, problem-solving, and attention-to-detail skills.

  • Strong understanding of Nigerian tax laws, compliance, and financial regulations.

  • Ability to work under pressure, meet deadlines, and handle multiple tasks efficiently.

  • High level of integrity, professionalism, and confidentiality.

  • Strong communication and interpersonal skills for collaboration with various departments.



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