Certified Hotel Accountant

Job Summary

• The Certified Hotel Accountant is responsible for managing and controlling the hotel's financial operations, ensuring accurate accounting records, effective financial controls, regulatory compliance, and timely financial reporting.
• The position requires extensive practical experience in hotel accounting and a strong understanding of hospitality revenue and cost management.

Key Roles & Responsibilities
Financial Management:

• Manage the hotel's daily accounting and financial activities.
• Maintain accurate and up-to-date financial records.
• Prepare monthly, quarterly, and annual financial statements.
• Monitor income, expenditure, cash flow, assets, and liabilities.
• Ensure proper recording and classification of all hotel transactions.

Hotel Revenue Management:

• Monitor and reconcile revenue from Rooms, Food & Beverage, Events, Laundry, Bar, and other hotel outlets.
• Verify daily sales reports and ensure all revenue is properly accounted for.
• Review Night Audit reports and investigate discrepancies.
• Ensure proper posting of room charges, payments, discounts, complimentary services, and refunds.

Cost Control:

• Monitor departmental expenses and operating costs.
• Implement effective cost-control measures to improve profitability.
• Monitor food and beverage costs, payroll costs, utilities, and other operating expenses.
• Conduct regular reviews of departmental spending against approved budgets.

Budgeting & Financial Planning:

• Prepare and monitor the hotel's annual operating budget.
• Develop departmental budgets in collaboration with Heads of Departments.
• Monitor actual performance against budget and provide variance analysis.
• Advise management on financial performance and areas requiring corrective action.

Payroll Management:

• Review and verify monthly payroll before payment.
• Ensure accurate calculation of salaries, allowances, deductions, overtime, and other staff-related payments.
• Maintain proper payroll records and ensure compliance with applicable statutory requirements.

Accounts Payable & Receivable:

• Supervise supplier invoices and payment processes.
• Ensure all purchases are properly authorized and supported with relevant documentation.
• Monitor outstanding guest, corporate, and company accounts.
• Follow up on receivables and ensure timely collection of outstanding debts.

Internal Controls & Audit:

• Establish and maintain strong financial controls throughout the hotel.
• Conduct regular checks on cash, stock, revenue, purchases, and expenses.
• Work closely with internal and external auditors.
• Investigate financial discrepancies, fraud risks, and irregular transactions.
• Ensure proper segregation of accounting duties.

Inventory & Stock Control:

• Monitor hotel inventory and stock records.
• Work with the Storekeeper, Procurement, Kitchen, Bar, and other departments to ensure proper stock control.
• Participate in regular stocktaking exercises.
• Investigate stock variances, wastage, shortages, and unexplained losses.

Cash & Banking:

• Supervise daily cash handling and banking procedures.
• Reconcile cashiers' reports with actual cash and payment records.
• Monitor bank transactions and prepare regular bank reconciliations.
• Ensure hotel funds are properly safeguarded.

Tax & Statutory Compliance:

• Ensure compliance with applicable tax and statutory financial obligations.
• Prepare and coordinate relevant tax returns and statutory financial reports.
• Maintain proper documentation for tax and regulatory inspections.

Financial Reporting:

• Prepare accurate management accounts and financial reports.
• Provide management with financial analysis and recommendations.
• Prepare revenue, expenditure, profit-and-loss, cash-flow, and departmental performance reports.
• Highlight financial risks and recommend corrective measures.

Management Support:

• Provide professional financial advice to the General Manager and hotel management.
• Participate in management meetings and strategic planning.
• Support management in making financially sound business decisions.
• Develop policies and procedures that strengthen financial accountability.

Required Qualifications

• Bachelor's Degree or HND in Accounting, Finance, or a related field.
• Must be a Certified/Chartered Accountant with membership of a recognized professional accounting body.
• Minimum of 10 years' practical experience in accounting within the hotel/hospitality industry.
• Candidates should have substantial experience handling hotel accounts and financial operations.
• Previous experience as a Chief Accountant, Financial Controller, Hotel Accountant, or equivalent senior accounting position is highly desirable.
• Strong practical knowledge of hotel accounting procedures, Night Audit, revenue reconciliation, cost control, payroll, budgeting, stock control, and financial reporting.
• Excellent knowledge of accounting principles, internal controls, taxation, and financial management.
• Proficiency in accounting software and hotel Property Management Systems (PMS).
• Strong analytical, numerical, organizational, and problem-solving skills.
• Excellent leadership and communication skills.
• High level of integrity, confidentiality, accuracy, and professional ethics.
• Ability to work under pressure and meet strict reporting deadlines.

Experience Requirements:

• Minimum of 10 years' proven practical experience in the hotel/hospitality industry, with strong hands-on experience in hotel accounting and financial management.

Key Competencies:

• Hotel Accounting & Financial Control
• Revenue Reconciliation
• Cost Control
• Budgeting & Forecasting
• Payroll Management
• Stock & Inventory Control
• Cash & Bank Reconciliation
• Tax & Statutory Compliance
• Internal & External Audit
• Financial Reporting
• Fraud Prevention & Risk Management
• Leadership & Team Management
• Excellent Attention to Detail
• Integrity & Accountability.

Application Closing Date
7th September, 2026.

How to Apply
Interested and qualified candidates should send their Applications to:  using the Job Title as the subject of the email.

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