Financial Controller at Universal Human Resource Consult

Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
4 months ago

Additional Details

Job ID
137708
Job Views
50

Job Description






Job Summary




  • The Financial Controller is responsible for managing all financial and accounting operations of the hotel.

  • This includes budgeting, forecasting, financial reporting, cost control, audit coordination, and ensuring compliance with financial regulations and internal policies.

  • The role ensures that the hotel’s financial resources are used efficiently to support profitability, sustainability, and growth.

  • The ideal candidate is a detail-oriented and analytical finance professional with strong leadership skills and a deep understanding of the hospitality industry’s financial operations.



Key Responsibilities

Financial Planning & Analysis:




  • Develop and manage annual budgets, forecasts, and financial strategies in line with the hotel’s goals.

  • Prepare periodic financial statements and management reports, including profit and loss, balance sheets, and cash flow statements.

  • Analyze financial performance, identify trends, and provide insights to support management decision-making.

  • Monitor and control operational expenses to achieve financial targets.



Accounting Operations:




  • Supervise daily accounting operations, including accounts payable, receivable, payroll, and general ledger.

  • Ensure timely and accurate posting of financial transactions in accordance with accounting principles.

  • Reconcile bank statements and oversee cash management and liquidity control.

  • Maintain accurate and up-to-date financial records in compliance with statutory and internal requirements.



Internal Controls & Compliance:




  • Develop and enforce strong internal control systems to safeguard assets and prevent fraud.

  • Ensure compliance with local tax laws, financial reporting standards, and corporate policies.

  • Liaise with external auditors, tax authorities, and regulatory agencies as required.

  • Conduct periodic internal audits to assess financial risks and recommend corrective measures.



Cost Management & Revenue Optimization:




  • Work closely with department heads (e.g., F&B, Rooms, Procurement) to monitor costs and enhance profitability.

  • Implement cost control measures without compromising service quality.

  • Oversee pricing strategies, revenue management reports, and cost-benefit analyses.

  • Identify areas for financial improvement and operational efficiency.



Leadership & Team Management:




  • Supervise, train, and mentor finance team members to ensure high performance and professional growth.

  • Foster collaboration between the finance department and other operational units.

  • Develop and maintain a culture of financial integrity and accountability.



Strategic Support:




  • Advise management on financial implications of business decisions and investment opportunities.

  • Support strategic initiatives such as expansion, renovation, or capital projects.

  • Provide financial analysis and projections to guide management’s planning process.



Skills & Competencies:




  • Strong analytical and quantitative skills.

  • Excellent leadership and communication abilities.

  • Deep knowledge of accounting principles, taxation, and financial regulations.

  • Proficiency in hotel accounting systems (e.g., Opera PMS, Micros, Quickbooksor Sage).

  • High level of accuracy, attention to detail, and confidentiality.

  • Strong problem-solving and decision-making skills.



Qualifications & Experience




  • B.Sc in Accounting, Finance, or related field.

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

  • Minimum of 6 years of progressive experience in accounting or finance, with at least 3 years in a managerial or controller role within the hospitality industry.

  • Proven experience in budgeting, cost control, and financial reporting in a hotel environment.



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