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Experienced Hotel Accountant

Venmac Resources Limited

Job Summary

  • The Hotel Accountant is responsible for managing the hotel’s financial transactions, maintaining accurate financial records, preparing reports, and ensuring compliance with accounting standards and company policies.
  • This role ensures proper control of hotel revenues, expenses, assets, and liabilities to support management in decision-making and maintain profitability.

Key Responsibilities
Financial Accounting and Reporting:

  • Record, classify, and summarize daily financial transactions of the hotel.
  • Prepare monthly, quarterly, and annual financial statements.
  • Monitor accounts payable, accounts receivable, and general ledger reconciliations.
  • Ensure compliance with local tax regulations and timely filing of tax returns.
  • Prepare payroll and ensure statutory deductions are remitted on time.

Revenue and Expense Management:

  • Audit daily revenue reports and reconcile with front office and POS systems.
  • Verify and analyse income from rooms, food & beverage, banquets, and other hotel departments.
  • Track operating expenses and ensure cost control measures are followed.
  • Conduct variance analysis and report discrepancies to management.

Internal Controls and Compliance:

  • Implement and monitor internal financial controls.
  • Ensure compliance with hotel accounting policies, corporate standards, and regulatory requirements.
  • Support external and internal audits by providing required documentation.

Budgeting and Forecasting:

  • Assist management in the preparation of annual budgets and forecasts.
  • Monitor budget performance and highlight variances.
  • Provide financial insights to support business strategy and profitability.

Cash and Asset Management:

  • Manage cash flow and ensure sufficient funds for hotel operations.
  • Monitor bank reconciliations and petty cash management.
  • Safeguard the hotel’s financial assets and maintain proper documentation.

Salary Range
N200,000 - N300,000 / Month.

Application Closing Date
Not specified.

How to Apply
Interested and qualified candidates should forward their CV to: [email protected] using the Position as the subject of email.

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