Accountant - Epe

Role and Duties

• A Hotel Accountant is responsible for managing the hotel's financial records, monitoring income and expenditure, preparing financial reports, and ensuring proper accountability for all financial transactions.

Key Roles and Responsibilities

• Financial Record-Keeping: Maintain accurate records of all financial transactions, including income, expenses, purchases, and payments.
• Revenue Monitoring: Monitor daily revenue from rooms, restaurant, bar, laundry, events, and other hotel services.
• Daily Sales Reconciliation: Reconcile daily sales reports from the Front Office, Restaurant, Bar, and other revenue-generating departments against actual payments received.
• Expense Control: Monitor hotel expenses, prevent unnecessary spending, and ensure all expenditures are properly authorised and documented.
• Cash and Bank Management: Monitor cash transactions, verify deposits, reconcile bank statements, and maintain accurate cash records.
• Payroll Administration: Prepare staff payroll, verify salaries, overtime, allowances, deductions, and other staff-related payments.
• Accounts Payable and Receivable: Track payments owed to suppliers, outstanding debts, credit customers, and other financial obligations.
• Budget Preparation: Assist management in preparing budgets, forecasting revenue, and controlling operational costs.
• Financial Reporting: Prepare daily, weekly, and monthly financial reports for management, showing revenue, expenses, profit, and financial performance.
• Inventory and Stock Control: Work with the Storekeeper, Purchasing Officer, Kitchen, and Bar to monitor stock movements, purchases, consumption, and possible losses.
• Tax and Statutory Compliance: Ensure proper documentation and timely remittance of applicable taxes, pension contributions, and other statutory deductions in line with regulations.
• Internal Controls and Fraud Prevention: Identify financial discrepancies, investigate unusual transactions, and recommend measures to prevent fraud, theft, and revenue leakages.
• Audit and Documentation: Maintain invoices, receipts, vouchers, payment records, and other financial documents for internal and external audits.
• Financial Advice to Management: Analyse operating costs, profit margins, and revenue trends, and recommend ways to improve profitability.
• Supervision and Accountability: Ensure that all departments comply with financial procedures and that every transaction is properly authorised and accounted for.

Required Skills and Qualifications

• A Degree or HND in Accounting, Finance, or a related field.
• Relevant experience in hotel or hospitality accounting.
• Good knowledge of accounting software and Microsoft Excel.
• Strong numerical, analytical, and problem-solving skills.
• Honesty, integrity, and attention to detail.
• Good communication and organisational skills.
• Knowledge of hotel management systems and revenue reconciliation.
• Ability to prepare financial statements and management reports.