Financial Accountant
Financial Accountant
Posted on :
24-01-2025
Employer Active
1 Vacancy
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Job Description
Our client is a hospitality conglomerate based in Nigeria with diverse business interests including restaurants catering snack food manufacturing hotels cinemas and real estate development.
Job Summary
The financial accountant is responsible for managing the financial operations ensuring accuracy in financial reporting and maintaining compliance with industryspecific regulations. This role involves preparing financial statements analyzing financial data and supporting management in making informed decisions to optimize revenue and control costs. The Financial Accountant works closely with operational teams to ensure efficient financial management across all hospitality functions.
Key Responsibilities
- Prepare accurate and timely financial statements including income statements balance sheets and cash flow reports.
- Analyze financial performance identifying trends variances and opportunities for cost savings or revenue growth.
- Support management in budgeting forecasting and financial planning.
- Monitor and analyze revenue streams from accommodation food and beverage events and other services.
- Track operational expenses including payroll procurement and maintenance costs.
- Assist in implementing costcontrol measures to improve profitability.
- Maintain and reconcile general ledger accounts to ensure accuracy and completeness.
- Perform monthly quarterly and annual closing activities.
- Record and review journal entries for revenue expenses and other transactions.
- Oversee accounts payable and receivable processes ensuring timely invoicing collections and payments.
- Reconcile bank statements and manage cash flow to ensure sufficient liquidity.
- Collaborate with operational teams to streamline financial processes and enhance efficiency.
- Utilize property management systems (PMS) and financial software to automate and improve reporting accuracy.
- Communicate financial results and recommendations to senior management
Requirements
- Bachelor s degree in accounting is required
- A master s degree in finance or business administration (MBA) is a plus.
- 5 7 years of experience in accounting preferably within the hospitality or service industry.
- Certified Chartered Accountant (CA) preferred.
- Experience with the use of SAGE accounting software is an added advantage
Employment Type
Full Time
Key Skills
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