Hotel Accountant at Limewood Villa Hotel

Job Description

• As an accountant, you will be responsible for managing the financial aspects of the hotel's operations. 
• Your role involves maintaining accurate financial records, preparing financial statements, and ensuring compliance with accounting standards.
• You'll collaborate with various departments to monitor expenses, optimize budgets, and contribute to the overall financial health of the hotel.

Responsibilities
Financial Reporting and Control:

• Handle the patty cash and retire it properly.
• Prepare and maintain accurate financial records
• Generate monthly financial statements (balance sheets, income statements, etc.).
• Implement control procedures to safeguard financial integrity.

Daily Transactions Management:

• Process invoices, track payments, and manage daily financial transactions from the front office, F&B, and laundry departments.
• Monitor hotel revenue and expenses.
• Ensuring accurate calculations and compliance with tax regulations.
• Handle employee benefits and deductions.

Budgeting and Cost Control:

• Collaborate with department heads to create and monitor budgets.
• Implement cost-saving measures and track spending.

Internal Audits and Compliance:

• Conduct internal audits to identify discrepancies and ensure adherence to financial policies. (Store, Kitchen, Restaurant, Bar, Housekeeping, laundry and Maintenance.)
• Address any issues promptly.

Cash Flow Forecasting:

• Manage cash flow, analyze financial trends, and make informed investment decisions.
• Ensure adequate liquidity for daily operations.
• Weekly prize review to ascertain the product price should be reviewed upward.

External Audits:

• Coordinate with external auditors during audits.
• Provide necessary financial records and explanations.

Inventory Oversight:

• Monitor inventory levels of all department (Store, Kitchen, Restaurant, Bar, Housekeeping, laundry and Maintenance.)And procurement practices.
• Minimize waste and optimize inventory management.

Requirements

• Candidates should possess an HND / B.Sc Degree with 7 - 17 years experience.