Accountant at Residency Hotels Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
91220
Job Views
106

Job Description



Responsibilities



  • Financial Reporting: Preparation and analysis of financial statements such as front desk and bar sales.

  • Cost Control: Monitoring expenses and analyzing variances to ensure adherence outflow.

  • Revenue Management: Working closely with revenue management teams to optimize room rates, occupancy levels, and overall revenue.

  • Accounts Payable and Receivable: Managing accounts payable processes, ensuring timely payment of bills and invoices. Handling accounts receivable, including billing and collection.

  • Tax Compliance: Ensuring compliance with all local, state, and federal tax regulations. Preparation and submission of tax returns.

  • Payroll: Processing payroll for hotel staff and other benefits

  • Financial Analysis: Conducting financial analysis to support decision-making processes, such as investment opportunities or cost-cutting measures.

  • Internal Controls: Implementing and monitoring internal control procedures to safeguard hotel assets and ensure accuracy of financial records.

  • Audit Preparation: Coordinating and preparing for external audits, ensuring all necessary documentation is readily available and accurate.

  • Financial Systems Management: Overseeing the hotel’s financial systems and software, ensuring they are up-to-date and effectively utilized.

  • Cash Flow Management: Monitoring cash flow projections and ensuring availability of funds for operational needs.

  • Financial Compliance: Ensuring compliance with all financial regulations and standards, including those specific to the hospitality industry.

  • Financial Strategy: Contributing to the development and implementation of financial strategies that support the overall goals and objectives of the hotel.

  • Audit taking: Ensuring that departmental working materials are available and accurately reported for, from Bar to Housing and purchasing of minors.


Requirements



  • Bachelor's Degree / HND with 5 - 10 years experience.


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