• Application Deadline: Tue, 5 Sep 2023 00:00:00 GMT
• Position: Finance Manager


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 10 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Duties and Responsibilities

• Ensure that the guests have best possible experience by trouble-shooting and resolving all billing-related disputes.


• Represents the finance department on the daily department heads meeting with the general manager.


• Manage all phases of Accounts Payable, Receivable and department budget.


• Calculate and distribute wages and salaries.


• Prepare regular reports and summaries of accounting activities.


• Prepare financial statements and debtors' listings.


• Verify recorded transactions and report irregularities to management.


• Providing direction to the night audit team so as to ensure proper revenue reporting.


• Reviewing all ledger details guest ledger,city ledger and deposit ledgers to validate proper payment and revenue posting.


• If any imbalance or difference found on the ledger then co-ordinate with the PMS team to resolving the same.


• Review the postings, payments, revenue and guest balance reports on a daily basis.


• Ensure correct taxation are applied on all billing software like Property Management systems(PMS), Point of Sale (POS) and SPA software's.


• Ensure that all statutory details (PAN, TAX NO, Company Registration no. Etc.) are displayed on the guest invoices and bills.


• Bills A/R accounts daily and send the same to guest along with the supporting bills and statements.


• Follows up on any accounts within 3 days to ensure customer has received the invoice and does not have any questions.


• Review the Accounts Receivable(A/R)Ageing reports on a daily basis.


• Follow up 30 days after the initial billing if payment has not been received.


• Check customers credit ratings and Flag accounts as 'Black listed' for long outstanding or defaulter accounts.


• Enters invoices into accounts payable system weekly after verifying a purchase order was received from ordering department head and obtaining General Manager's approval.


• Forecasting cash payments and anticipating challenges arising from limited cash flow.


• Ensuring that cash flows are adequate to allow business units to operate effectively.


• Maintain banking relationships and negotiating loans and merchant services for business units.


• Maintains files of all contracts, insurance policies, tax reports,expenses,payroll, etc.


• Maintaining and transferring money between bank accounts as required.


• Performing numerical analysis of data and formulating conclusions and/or solutions.


• Approving all Travel Agent commissions and releasing payments after verification.


• Preparing financial reports and submissions to relevant government entities.


• Ensures all new hire paperwork, benefits, performance appraisals, disciplinary action forms and other pertinent personnel documents are filed appropriately and maintained in accordance with the company HR practices.


• Monitors and contains all property inventories to ensure proper levels without causing burdens on property cash flows.


• Preparing and presenting financial reports for meetings and investors.


• Working with executives and business heads to prepare budgets and track profit /loss performance by business unit.


• Providing direction and training to hotel operational team in areas related to finance, financial reports,internal controls, labour management, payroll, etc.


• Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management.


• Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.

Requirements

Education:

• CA (Charted Accountant) or Bachelor's Degree in Finance or Graduate in Accounting.

Experience:

• 10 years demonstrated accounting experience, preferably in a hospitality or food and beverage environment and quality with a background that includes forecasting and budgeting.

Prerequisites:

• Strong verbal and written communications skills with strong accounting software experience.


• Proficiency with MS Office (Excel / Word) and experience with PMS like Opera, Room master, Protel, Visual One, Delphi, Sun Finance, Oracle Finance, SAP etc.