Accountant at Class Suites Hotels & Apartments

Responsibilities
Financial Reporting and Analysis:

• Preparing and analyzing financial statements: This includes income statements, balance sheets, and cash flow statements, providing a clear picture of the hotel's financial performance.
• Producing accurate month-end accounts: Comparing results to forecasts and previous periods to identify trends and areas for improvement.
• Creating detailed financial reports: Providing senior management with comprehensive information for decision-making.
• Analyzing accounts and business plans: Evaluating financial data to identify trends, patterns, and areas where the hotel can optimize its performance.
• Reconciling balance sheet accounts: Ensuring accuracy and consistency across different financial records.

Budgeting and Forecasting:

• Assisting in the development and monitoring of the hotel's annual budget:Ensuring resources are allocated effectively and efficiently.
• Creating and maintaining financial forecasts:Providing insights for planning and strategic decision-making.
• Assisting in developing pricing strategies:Analyzing costs and revenue to optimize pricing for rooms and other services.

Financial Management:

• Managing accounts payable and receivable:Overseeing invoice processing, payment schedules, and collection efforts.
• Managing payroll:Ensuring accurate and timely payment to all employees, including handling deductions and taxes.
• Reconciling bank statements:Matching bank records with internal accounting records to identify discrepancies.
• Ensuring compliance with financial regulations:Adhering to tax laws, accounting standards, and internal policies.
• Tracking revenue and expenses:Maintaining accurate records of all financial transactions.
• Maintaining financial records and transactions:Ensuring proper documentation and organization of financial data.
• Conducting financial audits:Evaluating internal controls and processes to ensure accuracy and compliance.

Other Responsibilities:

• Providing financial advice to management:Supporting decision-making with financial insights and expertise.
• Monitoring financial performance:Identifying areas where the hotel can improve its financial health.
• Developing and maintaining sound financial practices:Implementing best practices to ensure financial stability and efficiency.
• Assisting with tax planning:Providing guidance on tax-related matters and ensuring compliance with tax laws

Requirements

• Interested candidates should possess relevant qualifications.