Financial Controller at Domeo Resources International

Domeo Resources International (DRI) is a prolific organisation which proffers HR and Management Consultancy solutions premised on excellence and innovation. DRI analyses various organisational problems, develops improvement plans, deploys those plans and monitors the plans to ensure improved organisational performance.

We are recruiting to fill the position below:

Job Title: Financial Controller

Location: Abia
Employment Type: Full-time

Job Summary

• The Financial Controller is responsible for planning, directing, and overseeing all financial management, accounting, budgeting, treasury, taxation, financial reporting, cost control, internal controls, and compliance activities of the hotel.
• The role ensures the integrity of financial records, safeguards company assets, maintains strong internal controls, supports strategic decision-making, and drives financial performance and profitability.
• The Financial Controller leads the Finance Department in preparing accurate financial statements, managing cash flow, optimizing working capital, monitoring budgets, strengthening internal controls, ensuring statutory compliance, and supporting management with financial analysis and business insights.
• The role works closely with the General Manager, Department Heads, Internal Audit, Procurement, Human Resources, and external stakeholders to achieve the hotel's financial objectives while maintaining the highest standards of governance and accountability.

Responsibilities
Financial Management & Strategic Planning:

• Provide strategic financial leadership and advice to Management.
• Develop and implement financial strategies that support the hotel's business objectives.
• Ensure sound financial planning and long-term financial sustainability.
• Monitor the hotel's financial performance and recommend improvement strategies.
• Support strategic investment and business expansion decisions.
• Advise Management on financial risks and opportunities.

Financial Reporting:

• Prepare and review monthly, quarterly, and annual financial statements in accordance with applicable accounting standards.
• Ensure timely preparation of management accounts and financial reports.
• Analyze financial performance and provide management commentary.
• Present financial reports to Executive Management and the Boardwhererequired.
• Ensure the accuracy, completeness, and integrity of all financial records.
• Coordinate year-end financial closing activities.

Budgeting & Financial Planning:

• Lead the preparation of annual operating and capital budgets.
• Coordinate departmental budget preparation and consolidation.
• Monitor budget implementation and utilization.
• Prepare rolling forecasts and financial projections.
• Analyze budget variances and recommend corrective actions.
• Support long-term financial planning initiatives.

Cash Flow & Treasury Management:

• Monitor daily cash flow and liquidity requirements.
• Ensure adequate working capital for hotel operations.
• Oversee banking relationships and treasury activities.
• Manage cash collections, payments, and fund transfers.
• Monitor foreign currency transactions where applicable.
• Optimize cash utilization and investment of surplus funds.

Accounting Operations:

• Oversee the general ledger, accounts payable, accounts receivable, payroll, cash management, fixed assets, and bank reconciliations.
• Ensure timely recording of all financial transactions.
• Review journal entries and accounting adjustments.
• Ensure proper reconciliation of all balance sheet accounts.
• Maintain accurate accounting records.
• Supervise month-end and year-end closing processes.

Cost Control & Profitability Management:

• Oversee the hotel's cost control function to ensure efficient utilization of financial resources.
• Monitor Food Cost, Beverage Cost, Labour Cost, Utility Costs, Housekeeping Costs, Laundry Costs, Engineering Costs, Administrative Costs, and other operational expenses.
• Review departmental cost reports and profitability analyses prepared by the Cost Controller.
• Analyze gross profit margins and recommend strategies to improve profitability.
• Review menu costing, pricing strategies, and operational cost structures with the Executive Chef and Director of Food & Beverage.
• Evaluate departmental financial performance and recommend corrective actions where required.
• Monitor budget compliance across all operational departments.
• Support cost optimization initiatives while maintaining service quality.
• Review operational variances and implement measures to improve financial efficiency.
• Present cost management reports and profitability analyses to Management.

Internal Controls & Financial Governance:

• Develop, implement, and maintain effective financial control systems.
• Ensure segregation of duties and strong internal control procedures.
• Safeguard hotel assets against loss, misuse, and fraud.
• Monitor compliance with financial policies and procedures.
• Review authorization controls and approval limits.
• Strengthen governance and accountability across the Finance Department.

Audit & Compliance:

• Coordinate internal and external audit activities.
• Ensure prompt resolution of audit findings and recommendations.
• Support statutory audits and regulatory inspections.
• Maintain compliance with financial reporting standards and applicable legislation.
• Ensure readiness for periodic financial reviews.
• Liaise with auditors and regulatory agencies.

Taxation & Statutory Compliance:

• Ensure compliance with all applicable tax laws and statutory obligations.
• Oversee the preparation and submission of VAT, PAYE, Company Income Tax, Withholding Tax, Pension, NSITF, NHF, ITF, and other statutory remittances.
• Monitor changes in tax legislation and advise Management accordingly.
• Coordinate tax audits and regulatory reviews.
• Ensure timely payment of statutory obligations.

Procurement & Financial Oversight:

• Review high-value procurement transactions and payment requests.
• Ensure procurement activities comply with approved financial policies.
• Verify that purchases are supported by approved Purchase Requisitions (PRs), Purchase Orders (POs), Goods Received Notes (GRNs), supplier invoices, and relevant documentation.
• Monitor supplier payment performance.
• Support strategic sourcing initiatives through financial analysis.

Risk Management:

• Identify financial risks affecting hotel operations.
• Develop strategies to mitigate financial and operational risks.
• Monitor insurance coverage and financial exposure.
• Recommend improvements to risk management practices.
• Support business continuity planning from a financial perspective.

Team Leadership & Performance Management:

• Lead, supervise, mentor, and develop Finance Department personnel.
• Allocate work effectively across finance functions.
• Conduct performance appraisals and coaching sessions.
• Identify training and development needs.
• Promote teamwork, accountability, and ethical conduct.
• Support succession planning within the Finance Department.

Stakeholder Engagement:

• Work closely with the General Manager and Department Heads on financial planning and operational performance.
• Provide financial guidance to operational managers.
• Liaise with banks, auditors, tax authorities, government agencies, suppliers, and investors.
• Support Board meetings with financial reports and analysis.
• Maintain strong professional relationships with key stakeholders.

Reporting & Financial Analysis:

• Prepare daily, weekly, monthly, quarterly, and annual financial reports.
• Analyze financial trends, key performance indicators, and profitability.
• Develop financial dashboards and management reports.
• Provide recommendations based on financial analysis.
• Maintain accurate financial documentation and records.

Compliance & Continuous Improvement

• Ensure compliance with company policies, financial regulations, and accounting standards.
• Promote continuous improvement within the Finance Department.
• Recommend automation and technology solutions that improve financial reporting and operational efficiency.
• Keep abreast of developments in accounting standards, taxation, and financial management practices.
• Drive continuous improvement in financial governance and operational excellence.

Requirements

• Bachelor's Degree in Accounting, Finance, Economics, or a related discipline.
• A Master's Degree (MBA, M.Sc. Finance, or related field) is an added advantage.
• Minimum of8–12 years of progressive accounting and financial management experience.
• At least5 yearsin a senior finance leadership role within a reputable luxury hotel, hospitality organization, or internationally branded hotel.
• Extensive experience in hotel financial reporting, budgeting, cost control, treasury management, and financial analysis.

Professional Certifications (Mandatory/Preferred):

• ICAN (Associate or Fellow).
• ACCA.
• ACA.
• Certified Management Accountant (CMA) (added advantage).
• Chartered Institute of Taxation of Nigeria (CITN) (added advantage).

Skills:

• Financial Management.
• Financial Reporting.
• Budgeting and Forecasting.
• Cost Control and Profitability Analysis.
• Treasury Management.
• Internal Controls.
• Tax Planning and Compliance.
• Hotel Accounting Systems (e.g., IDS Next, Opera PMS,SunSystems, Sage, SAP).
• Advanced Microsoft Excel.
• Financial Analysis.
• Leadership and Team Management.
• Risk Management.
• Communication and Presentation Skills.
• Strategic Thinking.
• Decision-Making.

Application Closing Date
30th August, 2026.

Method of Application
Interested and qualified candidates should forward their CVs and cover letters to: recruitment@domeoresources.org using "Financial Controller (Abia)" as the subject of the email 

Note: Only shortlisted candidates will be contacted.