Hotel Cost Accountant at The Jagz Hotel

The Jagz Ibadan Hotel is a luxurious 4star hotel committed to delivering exceptional personalized services.
Our Vision at The JAGZ is to be the BEST BRAND Hotel in Nigeria and across the globe. How do we achieve this? Our Mission: We provide our services in a helpful, serene, fun environment. These services reflect our core values of care, warmth, comfort and excellence. Our goal at The Jagz Ibadan is to take care of our guest as individuals, and ensure they have a memorable Jagz experience, which will ensure loyalty to our hotel. We treat our
guests as family and friends, and strive to continually exceed their expectations. On stage, we love to serve, and make each experience memorable.

We are recruiting to fill the position below:

Job Title: Hotel Cost Accountant

Location: Ibadan, Oyo

Responsibilities
Cost Analysis and Control:

• Analyze expenses to identify areas for cost reduction and efficiency improvements.
• Review financial transactions and provide recommendations.
• Track and manage costs associated with different departments, services, and products within the hotel.

Budgeting and Forecasting:

• Assist in developing and maintaining budgets.
• Prepare variance reports comparing budgeted costs to actual costs.
• Analyze historical data to forecast future costs.

Financial Reporting:

• Prepare financial reports and statements for management.
• Organize internal and external financial reports.

Cost Allocation:

• Allocate costs to different departments, services, or products to understand the cost structure.

Data Analysis:

• Analyze data on purchased goods and services to ensure cost-effectiveness.

Compliance:

• Ensure compliance with accounting standards, such as GAAP or IFRS.
• Develop and maintain the cost accounting system, documents, and records of the organization.
• Analyze and recommend costs and cost savings.
• Prepare and complete internal cost audits.
• Comply with Generally Accepted Accounting Principles (GAAP) for financial statements.
• Analyze the data collected and log a detailed record of the results.
• Analyze any changes in goods or services provided in order to determine what effect it has on the cost.
• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Make estimates of new and proposed product costs.
• Provide management with reports that specify and compare factors that affect prices and profitability of products or services.
• Assist in audits and general ledger preparation.
• Conduct physical inventories and monitor the cycle count program.

Requirements

• Bachelor's degree in accounting or related field (essential).
• International Accounting Standards Board (IASB) accreditation (essential).
• Certified public accountant (CPA) license (essential).
• 2 years of Cost Accounting work experience (essential).
• Sound understanding of accounting principles.
• Solid cost systems background.
• Analytical thinker with strong conceptual and problem-solving skills.
• Meticulous attention to detail with superb organizational skills.
• Ability to work under pressure and meet tight deadlines.
• Ability to work independently and as part of a team.
• Excellent report-writing, communication, and IT skills.
• USALI (Uniform System of Accounts for Lodging) expertise is also important.

Salary
N200,000 / month.

Application Closing Date
15th April, 2025.