Hospitality financial accountant

Job Title: Hospitality Financial Accountant
Location: Lekki Phase 1
Industry: Hospitality
Renumeration:350k

As an Hospitality Accountant you willb plays a critical role in the financial management of our restaurant you will be Responsible for maintaining accurate financial records, oversee budgeting, forecasting, and financial reporting to ensure profitability and compliance with regulatory standards.

Responsibilities
Financial Reporting: Preparing and analyzing income statements, balance sheets, and cash flow statements.
Budgeting and Forecasting: Assisting in the development of annual budgets and financial forecasts, monitoring performance against those budgets, and providing variance analysis reports.
Accounts Payable and Receivable: Managing vendor invoices, payments, and customer accounts, ensuring timely processing and follow-up.
Financial Analysis: Conducting in-depth analysis to identify areas for cost reduction, revenue enhancement, and improved profitability.
Internal Controls: Establishing and maintaining internal controls to safeguard company assets and conducting regular audits.
Software Management: Managing and maintaining financial software and systems, implementing improvements for efficiency and accuracy.
Collaboration: Working with operational teams to monitor inventory, control costs, and optimize profitability.
Month-end and Year-end Close: Coordinating the month-end and year-end financial close processes.
Tax Compliance: Ensuring compliance with tax laws and regulations.
Payroll Administration: Managing payroll and controlling income and expenditure.
Auditing: Auditing financial information and ensuring accuracy.
Advising: Providing financial advice to management on various aspects the business

Qualifications
Bachelor's degree in Accounting, Finance, or a related field.
- Certified Public Accountant (CPA) or equivalent certification preferred.
- Minimum of 3-5 years of accounting experience, preferably in the hospitality industry.
- Strong understanding of accounting principles and financial reporting.
- Proficiency in accounting software and Microsoft Excel.
- Experience with financial audits and compliance with regulatory standards.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Ability to manage multiple tasks and meet strict deadlines.
- Strong communication and interpersonal skills.
- Knowledge of payroll processing and taxation rules.
- Experience with inventory management and cost control procedures.
- Familiarity with restaurant l performance metrics such as ADR and RevPAR.
- Ability to work collaboratively with different departments.
- Strong organizational and time management skills.
- High level of integrity and ethical standards.
- Willingness to stay updated on industry trends and best practices.
- Ability to analyze financial data and create detailed reports.
- Experience with financial planning and budgeting.
- Strong understanding of internal controls and auditing processes

Interested candidates must live withing lekki or its immediate enviroment.