• Application Deadline:
• Position: Hotel Accountant



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Description

• A Hotel Accountant is responsible for managing the financial records, transactions, and reporting activities of a hotel to ensure financial accuracy and profitability.

Key Roles and Responsibilities

Financial Record Keeping:

• Maintain accurate financial records and accounting books.


• Record daily income and expenses.

Revenue Monitoring:

• Reconcile daily sales from rooms, restaurants, bars, and other outlets.


• Verify revenue reports and investigate discrepancies.

Accounts Payable & Receivable:

• Process supplier invoices and payments.


• Monitor outstanding debts and guest accounts.

Payroll Administration:

• Prepare and process staff salaries and wages.


• Ensure statutory deductions are correctly applied.

Budgeting and Cost Control:

• Assist in preparing annual budgets.


• Monitor departmental expenditures and control costs.

Financial Reporting:

• Prepare daily, weekly, monthly, and annual financial reports.


• Generate profit and loss statements, balance sheets, and cash flow reports.

Bank Reconciliation:

• Reconcile bank statements with hotel records.


• Investigate and resolve any discrepancies.

Tax Compliance:

• Ensure compliance with tax regulations.


• Prepare and submit relevant tax documents.

Inventory Control:

• Monitor stock records and conduct inventory audits.


• Work closely with storekeepers and department heads.

Internal Audit Support:

• Ensure financial procedures are followed.


• Assist during internal and external audits.

Skills Required for a Hotel Accountant:

Technical Skills:

• Strong knowledge of accounting principles and practices.


• Proficiency in accounting software and hotel management systems.


• Microsoft Excel and financial reporting skills.


• Budget preparation and financial analysis.


• Tax and statutory compliance knowledge.


• Cash management and bank reconciliation.