Hotel Accountant at Elvaridah Limited

At Elvaridah, we emphasize on the critical matters and prospects of organizations such as business growth, strategy, planning, marketing, structure, and people management across different industries. We help companies focus on the growth of their businesses while aligning costs with strategy. With our all-inclusive approach and expertise, we capture values across the boundaries of any organization. Elvaridah focuses on optimizing all the different parts of a business as a unit.

We are recruiting to fill the position below:

Job Title: Hotel Accountant

Location: Lagos
Employment Type: Full-time

Job Summary

• The Hotel Accountant will be responsible for managing the hotel’s financial records, ensuring accurate reporting, controlling costs, supporting budgeting processes, and ensuring compliance with financial regulations.
• The role is critical to maintaining the financial health of the hotel and supporting management decision-making.

Key Responsibilities
Financial Reporting & Bookkeeping:

• Prepare and maintain accurate financial records, ledgers, and journals.
• Process daily revenue reports, including room sales, food & beverage, and other services.
• Reconcile bank statements, cash, POS systems, and petty cash accounts.
• Prepare monthly, quarterly, and annual financial statements.

Accounts Payable & Receivable:

• Manage supplier invoices, verify accuracy, and process payments timely.
• Monitor accounts receivable, follow up on outstanding guest and corporate bills.
• Maintain proper documentation for all transactions.

Budgeting & Cost Control:

• Assist in preparing annual budgets and financial forecasts.
• Monitor departmental expenses and highlight variances.
• Implement cost-control measures, especially for food, beverages, utilities, and inventory.
• Track payroll expenses and staff-related costs.

Taxation & Compliance:

• Prepare and file statutory returns (VAT, WHT, PAYE, etc.) as required.
• Ensure compliance with company policies and regulatory requirements.
• Support external and internal audits by providing required documentation.

Inventory & Asset Management:

• Monitor stock levels for food, beverages, and hotel supplies in collaboration with store and F&B managers.
• Conduct periodic stock counts and reconcile variances.
• Maintain fixed asset register and calculate depreciation.

Systems & Process Improvement:

• Maintain and manage hotel accounting systems and POS integrations.
• Recommend improvements to financial processes and internal controls.

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional certification (ICAN, ACCA, or equivalent) is an added advantage.
• 2–5 years’ experience as an accountant, preferably in a hotel or hospitality environment.
• Strong knowledge of hotel accounting systems and POS platforms is an advantage.
• Good understanding of Nigerian tax laws and statutory compliance.

Application Closing Date
Not Specified.