Experienced Hotel Accountant

Job Posting Source

Venmac Resources Limited is a hotel management company with an unmatched experience in the hospitality Industry. Over the years, we have worked with reputable 3-5 star hotels across the nation providing business solutions in the hospitality industry and we have earned ourselves as one of the emerging hospitality management company committed to seeing our clients satisfied, hence our slogan ‘Thinking Beyond Boundaries.’

We are recruiting to fill the position below:

Job Title: Experienced Hotel Accountant

Location: Abuja

Employment Type: Full-time (Onsite)

Job Summary

• The Hotel Accountant is responsible for managing the hotel’s financial transactions, maintaining accurate financial records, preparing reports, and ensuring compliance with accounting standards and company policies.
• This role ensures proper control of hotel revenues, expenses, assets, and liabilities to support management in decision-making and maintain profitability.

Key Responsibilities

Financial Accounting and Reporting:

• Record, classify, and summarize daily financial transactions of the hotel.
• Prepare monthly, quarterly, and annual financial statements.
• Monitor accounts payable, accounts receivable, and general ledger reconciliations.
• Ensure compliance with local tax regulations and timely filing of tax returns.
• Prepare payroll and ensure statutory deductions are remitted on time.

Revenue and Expense Management:

• Audit daily revenue reports and reconcile with front office and POS systems.
• Verify and analyse income from rooms, food & beverage, banquets, and other hotel departments.
• Track operating expenses and ensure cost control measures are followed.
• Conduct variance analysis and report discrepancies to management.

Internal Controls and Compliance:

• Implement and monitor internal financial controls.
• Ensure compliance with hotel accounting policies, corporate standards, and regulatory requirements.
• Support external and internal audits by providing required documentation.

Budgeting and Forecasting:

• Assist management in the preparation of annual budgets and forecasts.
• Monitor budget performance and highlight variances.
• Provide financial insights to support business strategy and profitability.

Cash and Asset Management:

• Manage cash flow and ensure sufficient funds for hotel operations.

• Monitor bank reconciliations and petty cash management.

• Safeguard the hotel’s financial assets and maintain proper documentation.

• Salary Range

• N200,000 - N300,000 / Month.

Application Closing Date

Not specified.