Club Accountant

Job title: Club Accountant

Goldplates Feast House, a reputable restuarant, is recruiting suitable candidates to fill the position below:

Location: Lagos Island, Lagos

Employment Type: Full-time

Position Overview

• The Club Accountant is responsible for managing and overseeing all financial aspects of the club’s operations.
• This role involves handling financial transactions, preparing financial reports, managing budgets, and ensuring compliance with accounting standards and regulations.
• The Club Accountant plays a crucial role in maintaining the financial health and integrity of the club.

Key Responsibilities

• Financial Record Keeping: Maintain accurate and up-to-date financial records for the club, including accounts payable, accounts receivable, and general ledger entries.

• Financial Reporting: Prepare financial statements, reports, and forecasts regularly to provide management with insights into the club’s financial performance and trends.

• Budget Management: Assist in the development of annual budgets and monitor actual performance against budgeted targets. Identify variances and recommend corrective actions as needed.

• Cash Flow Management: Manage cash flow by monitoring inflows and outflows, ensuring adequate liquidity to meet financial obligations, and optimizing investment opportunities.

• Financial Analysis: Conduct financial analysis to identify areas of improvement, cost-saving opportunities, and revenue enhancement strategies. Provide recommendations to management based on analysis findings.

• Tax Compliance: Ensure compliance with tax laws and regulations by preparing and filing tax returns, coordinating with external tax advisors when necessary, and staying updated on changes in tax legislation.

• Internal Controls: Establish and maintain internal controls to safeguard assets, prevent fraud, and ensure accuracy and reliability of financial information.

• Audit Coordination: Coordinate and liaise with external auditors during the annual audit process. Provide requested documentation and explanations to support audit procedures.

• Vendor Management: Manage relationships with vendors and suppliers, negotiate favorable terms and conditions, and ensure timely payment of invoices.

• Financial Software Management: Utilize accounting software to record transactions, generate reports, and streamline financial processes. Provide training to staff on software usage as needed.

• Qualifications and Skills

• Bachelor’s Degree in Accounting, Finance, or related field.

• 3 – 5 years of proven experience working as an accountant, preferably in a club or hospitality setting.

• Strong understanding of accounting principles, practices, and standards.

• Proficiency in accounting software and MS Excel.

• Excellent analytical and problem-solving skills.

• Strong attention to detail and accuracy.

• Effective communication and interpersonal skills.

• Ability to work independently and collaboratively in a team environment.

• Knowledge of club operations and industry-specific financial considerations is a plus.

• Proximity to the Lagos Island is key.

Application Closing Date

Not Specified.