Financial Accountant at Elvaridah

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
75715
Job Views
60

Job Description



Responsibilities

Financial Reporting:



  • Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.

  • Ensure compliance with accounting standards and regulations governing the hospitality industry.


Budgeting and Forecasting:



  • Assist in the development of annual budgets and financial forecasts.

  • Monitor budget performance and provide variance analysis reports.


Accounts Payable and Receivable:



  • Oversee accounts payable and receivable processes.

  • Process vendor invoices, track payments, and manage vendor relationships.

  • Monitor customer accounts, issue invoices, and follow up on overdue payments.


Tax Compliance:



  • Ensure timely and accurate filing of all relevant tax returns.

  • Stay informed about changes in tax laws affecting the hospitality industry.

  • Financial Analysis:

  • Conduct financial analysis to support strategic decision-making.

  • Provide insights into cost management and revenue enhancement opportunities.


Internal Controls:



  • Establish and maintain internal controls to safeguard company assets.

  • Conduct regular internal audits to ensure compliance.


Financial Systems Management:



  • Manage and maintain financial software and systems.

  • Implement improvements to enhance efficiency and accuracy.


Inventory and Cost Control:



  • Collaborate with operational teams to monitor inventory levels.

  • Implement cost control measures to optimize profitability.


Month-End and Year-End Closures:



  • Coordinate month-end and year-end financial closings.

  • Ensure all financial transactions are accurately recorded.


Audit Support:



  • Collaborate with external auditors during annual audits.

  • Provide necessary documentation and explanations for audit inquiries.


Qualifications



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

  • Experience in the hospitality industry

  • Certified Public Accountant (CPA) or relevant professional certification preferred.

  • Proven experience as a Financial Accountant in the hospitality industry.

  • Strong knowledge of hospitality industry financial practices and regulations.

  • Proficiency in accounting software and Microsoft Excel.

  • Excellent analytical and problem-solving skills.

  • Strong attention to detail and accuracy.

  • Effective communication and interpersonal skills


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