Accountant at Precious Palm Royal Hotel

Precious Palm Royal Hotel is a sensational resort strategically located in a serene and cozy and Transport, Headquarters, Lagos – Benin Expressway. Isiohor, Ugbowo environment; and shares a common boundary with the Nigerian Army School of Supply, Benin City, Edo State, Nigeria.

We are recruiting to fill the position below:

Job Title: Accountant

Location: Benin, Edo
Employment Type: Full-time

Responsibilities

• Ensure that the guests have best possible experience by trouble-shooting and resolving all billing-related disputes.
• Manage all phases of Accounts Payable, Receivable and department budget.
• In charge of salary payment.
• Prepare regular reports and summaries of accounting activities.
• Prepare financial statements and debtors' lists.
• Verify recorded transactions and report irregularities to management.
• Reviewing all ledger details - guest ledger and deposit ledgers to validate proper payment and revenue posting.
• Oversee the activities of all the Cashiers and cross checking their various books of transaction daily
• Review postings, payments, revenue and guest balance reports on a daily basis.
• Keep track of debtors and creditors accounts
• Forecast cash payments and anticipate challenges arising from limited cash flow.
• Ensure that cash flows are adequate to allow business units to operate effectively.
• Maintain files of all contracts, tax reports, expenses, payroll, etc.
• Maintain and transfer money between bank accounts as required.
• Responsible for the local tax authority compliance of the hotel. Monitors all local tax compliance that applies, and ensuring that taxes are charged correctly and collected.
• Effectively implement all accounting policies and procedures when necessary.
• Assist proactively with cost control requirements.
• Assist with revenue enhancement possibilities.
• Assist with profit improvement opportunities for the hotel operations.
• Monitor and improve hotels operation costs, profitability and manage business risks.
• Ensure profits and losses are documented accurately.
• Oversee internal, external and regulatory audit processes.
• Prepare asset, liability, and capital account entries by compiling and analyzing account information.
• Document financial transactions by entering account information.
• Recommend financial actions by analyzing accounting options.
• Summarize current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
• Maintain accounting controls by preparing and recommending policies and procedures.
• Guide account department staff by on their various assigned duties/activities
• Reconcile financial discrepancies by collecting and analyzing account information.
• Secure financial information by completing data base backups.
• Prepare payments by verifying documentation, and requesting disbursements.
• Comply with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
• Prepare special financial reports by collecting, analyzing, and summarizing account information and trends.
• Maintain customer confidence and protects operations by keeping financial information confidential.
• Any other duty that might be assign by management from time to time.

Requirements

• Candidates should possess a Master's Degree or B.Sc Degree with at least 7 years work experience.

Application Closing Date
20th September, 2021.