Hotel External Auditor at Efezi Southsea Nigeria Limited

Key Roles and Responsibilities

• Develop an audit plan based on the hotel's operations and risk profile.
• Identify significant financial and operational risks.
• Determine the scope and timing of the audit.
• Audit the hotel's:
  • Statement of Financial Position (Balance Sheet)
  • Statement of Profit or Loss
  • Cash Flow Statement
  • Statement of Changes in Equity
  • Notes to the Financial Statements
• Verify that financial statements comply with applicable accounting standards.
• Examine accounting books and records.
• Verify supporting documents for financial transactions.
• Confirm the accuracy and completeness of financial information.
• Verify revenue generated from:
  • Room sales
  • Food and Beverage operations
  • Bar sales
  • Banquet and Events
  • Laundry services
  • Other hotel revenue streams
• Ensure all revenue is properly recorded and reported.
• Review operating expenses.
• Confirm that expenditures are authorized, properly supported, and accurately recorded.
• Test the validity of major expenses.
• Evaluate the effectiveness of the hotel's internal control systems.
• Identify weaknesses that may expose the hotel to fraud or financial errors.
• Recommend improvements to strengthen controls.
• Assess compliance with:
  • Tax laws
  • Company policies
  • Financial reporting standards
  • Relevant statutory and regulatory requirements

• Verify the existence of fixed assets.
• Review depreciation calculations.
• Confirm inventory balances through observation and testing.
• Verify cash and bank balances.

Minimum Qualifications

• Bachelor's Degree or Higher National Diploma (HND) in Accounting, Finance, Economics, Banking and Finance and Business Administration

Professional Qualifications (Required or Highly Preferred):

• Institute of Chartered Accountants of Nigeria (ICAN)
• Association of Chartered Certified Accountants (ACCA)
• Association of National Accountants of Nigeria (ANAN)

Experience:

• 5–7 years of audit or accounting experience, preferably with an audit firm or in hospitality auditing.
• Experience auditing hotels, restaurants, or other hospitality businesses is an added advantage.
• Strong knowledge of hospitality accounting, revenue controls, inventory management, payroll systems, and statutory reporting