Hotel Accountant at Efezi Southsea Nigeria Limited

Summary

• The Hotel Accountant is responsible for managing the hotel’s financial transactions, ensuring accuracy in record keeping, compliance with accounting standards, and supporting management with timely financial reports for effective decision-making.
• The role involves overseeing daily income and expenditure, preparing budgets, reconciling accounts, and maintaining overall financial health of the hotel.

Key Responsibilities
Financial Management & Reporting:

• Prepare and maintain accurate financial statements and reports (daily, weekly, monthly).
• Track and reconcile all hotel revenues and expenses.
• Analyze financial performance and provide management with insights and recommendations.
• Ensure timely preparation of profit and loss accounts, balance sheets, and cash flow statements.

Accounts Payable & Receivable:

• Record and monitor all payments to suppliers, contractors, and service providers.
• Track receivables from guests, corporate clients, and travel agencies.
• Ensure proper invoicing and follow-up for payments.
• Verify and reconcile supplier invoices with purchase orders and delivery notes.

Payroll & Staff Payments:

• Prepare monthly payroll, including salaries, bonuses, and statutory deductions (PAYE, pension, NHF, etc.).
• Maintain accurate employee payment records and handle related documentation.

Internal Control & Compliance:

• Implement and monitor internal control systems to prevent fraud and errors.
• Ensure compliance with local tax regulations, hotel financial policies, and statutory requirements.
• Liaise with auditors, tax authorities, and external consultants when necessary.

Cash Flow & Bank Reconciliation:

• Monitor daily cash flow and ensure adequate liquidity for operations.
• Perform daily bank reconciliations and verify deposits.
• Manage petty cash and maintain accurate records of cash transactions.

Budgeting & Cost Control:

• Assist in preparing annual budgets and forecasts.
• Monitor departmental spending and help maintain cost efficiency.
• Identify areas of financial waste and recommend corrective actions.

Qualifications

• Minimum of OND / HND / BSc in Accounting, Finance, or related fields
• Minimum of 4 - 6 years experience in hotel or hospitality accounting
• Professional certification (ICAN, ACCA, or equivalent) is an advantage.

Skills and Competencies:

• Strong knowledge of accounting principles and financial reporting
• Proficiency in accounting software (e.g., QuickBooks, Sage, Excel, or hotel PMS)
• Excellent attention to detail and numerical accuracy
• Analytical and problem-solving skills
• Integrity, confidentiality, and ability to meet deadlines.