Financial Accountant at Elvaridah

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