• Application Deadline: Mon, 19 Jun 2023 00:00:00 GMT
• Position: Hotel Financial Accountant


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 years


• Location Lagos


• City Lekki


• Job Field Finance / Accounting / Audit 
  

Position Overview

• The Hotel Financial Controller will be responsible for overseeing all financial activities and ensuring the effective management of financial resources within a hotel in Nigeria.


• This position requires a strong understanding of accounting principles, financial analysis, and budgeting.


• The Financial Controller will play a crucial role in providing accurate financial information to support decision-making processes and ensuring compliance with relevant laws and regulations.

Responsibilities

• Financial Management: Oversee all financial activities of the hotel, including financial planning, budgeting, and forecasting. Develop and implement financial policies, procedures, and controls to safeguard assets, optimize cash flow, and minimize financial risk.


• Financial Reporting: Prepare and analyze monthly financial statements, including income statements, balance sheets, and cash flow statements. Provide accurate and timely financial reports to management, highlighting key performance indicators and variances from budgets.


• Budgeting and Forecasting: Collaborate with department heads to develop annual budgets and forecasts. Monitor budget performance throughout the year, identify areas of concern, and provide recommendations for cost control and revenue enhancement.


• Internal Controls: Establish and maintain effective internal control systems to ensure the accuracy, completeness, and reliability of financial data. Conduct periodic internal audits to identify potential areas of improvement and address any deficiencies.


• Compliance: Ensure compliance with all relevant financial regulations, laws, and reporting requirements. Keep abreast of changes in accounting standards and implement necessary adjustments to ensure compliance.


• Cash Management: Oversee cash flow management, including the monitoring of daily cash balances, banking transactions, and cash forecasting. Implement effective treasury management practices to optimize working capital and minimize financing costs.


• Financial Analysis: Conduct in-depth financial analysis to evaluate the hotel's performance and identify opportunities for cost savings, revenue growth, and operational efficiency improvements. Provide strategic insights and recommendations to support management decision-making.


• Team Management: Lead and develop a team of finance professionals, providing guidance, training, and performance feedback. Foster a collaborative and results-oriented work environment.

Qualifications

• Bachelor's Degree in Accounting, Finance, or a related field. A professional accounting qualification (e.g., ACCA, CPA) is highly desirable.


• 3+ years relevant work experience.


• Proven experience as a Financial Controller or similar role in the hotel industry.


• Strong knowledge of accounting principles, financial analysis techniques, and budgeting processes.


• Experience in preparing and analyzing financial statements and reports.


• Proficiency in financial management software and systems (e.g., ERP systems, Excel).


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


• Knowledge of Nigerian financial regulations and reporting requirements.


• Strong leadership and team management abilities.


• Excellent communication and interpersonal skills.


• Ability to work under pressure and meet strict deadlines.


• Integrity and high ethical standards.