Accountant at Elvaridah

Job Summary

• The Accountant is responsible for managing all financial transactions, reporting, budgeting, and compliance activities within the hospitality establishment (hotel, restaurant, lounge, or event facility).
• The role ensures accurate financial records, effective cost control, and support for management decision-making to improve profitability and operational efficiency.

Key Responsibilities
Financial Management & Reporting:

• Maintain accurate records of all financial transactions (sales, purchases, expenses, and revenue).
• Prepare daily, weekly, and monthly financial reports.
• Reconcile bank statements, cash books, and POS systems.
• Ensure timely preparation of profit and loss statements and balance sheets.

Cost Control & Budgeting:

• Monitor operational costs (food, beverages, labor, utilities, etc.).
• Assist in preparing annual budgets and forecasts.
• Identify areas of waste and recommend cost-saving measures.
• Track inventory usage in collaboration with operations and procurement teams.

Revenue & Sales Monitoring:

• Analyze daily sales reports from restaurant, bar, rooms, or event services.
• Ensure accurate recording of all revenue streams.
• Monitor pricing accuracy and billing systems.

Compliance & Audit:

• Ensure compliance with tax regulations and financial reporting standards.
• Prepare documentation for internal and external audits.
• Maintain proper filing of financial records and supporting documents.

Inventory & Stock Control:

• Work with operations to track inventory movement and valuation.
• Verify stock reports against financial records.
• Investigate discrepancies in stock usage or wastage.

Systems & Internal Controls:

• Maintain strong internal financial controls.
• Oversee accounting software and POS integration.
• Ensure proper authorization of financial transactions.

Collaboration & Support:

• Work closely with management, procurement, and operations teams.
• Provide financial insights to support decision-making.
• Support payroll processing and staff cost analysis when required.

Qualifications & Requirements

• Bachelor’s degree in Accounting, Finance, or related field.
• 2–5 years experience in accounting (hospitality experience preferred).
• Knowledge of hospitality accounting systems and POS software.
• Strong analytical and numerical skills.
• Proficiency in Excel and accounting software (e.g., QuickBooks, Sage, or similar).
• Strong attention to detail and organizational skills.