Legacy Palace Hotel gives you the luxury of an international standard hotel with the freedom and space of home, by offering you the flexibility of choosing individual guestrooms or a complete fully fitted apartment
We are recruiting to fill the position below:
Job Title: Financial Controller
Location: Lagos
Position Summary
- As an Accounting Manager he/she should provide the Owners, General Manager, and other management with accurate, timely, and relevant financial data.
- Additionally responsible for managing the audit function in hotel to deliver outstanding guest service and financial profitability.
Duties and Responsibilities
- Ensure that the guests have best possible experience by trouble-shooting and resolving all billing-related disputes.
- Represents the finance department on the daily department heads meeting with the general manager.
- Manage all phases of Accounts Payable, Receivable and department budget.
- Calculate and distribute wages and salaries.
- Prepare regular reports and summaries of accounting activities.
- Prepare financial statements and debtors' listings.
- Verify recorded transactions and report irregularities to management.
- Providing direction to the night audit team so as to ensure proper revenue reporting.
- Reviewing all ledger details guest ledger, city ledger and deposit ledgers to validate proper payment and revenue posting.
- If any imbalance or difference found on the ledger then co-ordinate with the PMS team to resolving the same.
- Enters invoices into accounts payable system weekly after verifying a purchase order was received from ordering department head and obtaining General Manager's approval.
- Forecasting cash payments and anticipating challenges arising from limited cash flow.
- Ensuring that cash flows are adequate to allow business units to operate effectively.
- Maintain banking relationships and negotiating loans and merchant services for business units.
- Maintains files of all contracts, insurance policies, tax reports, expenses, payroll, etc.
- Maintaining and transferring money between bank accounts as required.
- Performing numerical analysis of data and formulating conclusions and/or solutions.
- Ensures all new hire paperwork, benefits, performance appraisals, disciplinary action forms and other pertinent personnel documents are filed appropriately and maintained in accordance with the company HR practices.
- Monitors and contains all property inventories to ensure proper levels without causing burdens on property cash flows.
- Preparing and presenting financial reports for meetings and investors.
- Working with executives and business heads to prepare budgets and track profit / loss performance by business unit.
- Providing direction and training to hotel operational team in areas related to finance, financial reports, internal controls, labour management, payroll, etc.
- Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management.
- Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.
Qualifications
- Charted Accountant or Bachelor's Degree in Finance or Graduate in Accounting.
Experience:
- 2 to 5 years demonstrated accounting experience, preferably in a hospitality or food and beverage environment and quality with a background that includes forecasting.
Application Closing Date
14th August, 2017.
How to Apply
Interested and qualified candidates should send their CV's to:
[email protected]