Accounts Manager at University of Lagos

Key Deliverables

• Maintain proper and complete accounting records.
• Ensure that the accounts, records and transactions are accurate and correct at all times.
• Implement all necessary controls to safeguard assets.
• Prepare and interprete the financial statements and reports.
• Provide financial information to management as tools for maximizing profits and planning for the future. These reports which should stimulate management action.
• Compile, together with the other unit heads, budgets and forecasts covering all activities.
• Compile treasury/cash flow forecasts for the business.
• Ensure that the established controls and procedures in respect of the accountant’s areas of responsibility are being complied with at all times.
• Ensure that the hotel’s computer systems and their software are fully utilized, well safeguarded and properly maintained.
• Implement future changes/additions to the electronic data processing systems of the hotel.
• Ensure that there are, at all times, proper procedures and controls for all cashiers in the hotel.
• Ensure that there are, at all times, proper procedures and controls exist for purchasing, receiving, stores and requisitioning.
• Stocktakes
• Ensure that physical inventories of all supplies are being taken on a monthly basis and of all operating equipment on a quarterly basis.
• Ensure that the hotel complies with the established credit and collection procedures, with particular attention to front office, food and 
• Check and approve expenditures (via purchase requests, expenditure approval forms and purchase orders) in accordance with established procedures.
• Approve and sign payments (via payment approval forms) in accordance with established procedures.
• Ensure that bank account statements are checked on a daily basis.
• Ensure that bank accounts are reconciled each month.
• Ensure that all revenue due to the hotel is properly accounted for and reconciled.
• Ensure that all receivables are collected within the hotel’s credit periods.
• Ensure that payments are properly calculated, authorized and
• paid on a timely basis to employees.
• Ensure returns, declarations and administration are properly handled concerning Inland Revenue, Pension Trustees and other relevant bodies.
• Ensure that proper deductions are made at all times for PAYE, NI, pensions and other relevant items.
• Inventories
• Ensure that proper records are kept for all inventory items.
• VAT
• Ensure that payments and returns are made accurately and on a timely basis to Customs and Excise in respect of value added tax.
• Ensure that compliance is continuous and that refunds are appropriately kept for inspection by external bodies.
• Ensure that all revenue and expenditure are properly recorded in the general ledger.
• Ensure that all balances are reconciled on a regular basis.
• Ensure that disbursements made by the General Cashier are properly authorized and adequately supported by documentation.
• Ensure that the float of the General Cashier is verified daily.

IDEAL CANDIDATE:

• A minimum of 5 - 8 years post-NYSC relevant professional experience in accounting or audit related functions 
• Practical use of Peachtree and Microsoft Excel
• A professional accounting qualification (ACA or ACCA)
• Proficient in Business Writing
• Knowledge of tax
• At least a 1-year previous experience from an Hospitality background will be advantageous

Personal Qualities:

• Good leadership skills
• Interpersonal abilities
• Positive attitude and energy
• Ability to work with little or no supervision
• Positive, resilient and patient-risk taker
• Effective written and oral communication
• Willingness to learn
• Meticulous attention to details
• Commitment to achieving excellence.