Financial 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: Financial Accountant

Location: Lekki Phase I, Lagos
Employment Type: Full-time

Responsibilities
Financial Reporting:

• Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
• Ensure compliance with accounting standards and regulations governing the hospitality industry.

Budgeting and Forecasting:

• Assist in the development of annual budgets and financial forecasts.
• Monitor budget performance and provide variance analysis reports.

Accounts Payable and Receivable:

• Oversee accounts payable and receivable processes.
• Process vendor invoices, track payments, and manage vendor relationships.
• Monitor customer accounts, issue invoices, and follow up on overdue payments.

Tax Compliance:

• Ensure timely and accurate filing of all relevant tax returns.
• Stay informed about changes in tax laws affecting the hospitality industry.
• Financial Analysis:
• Conduct financial analysis to support strategic decision-making.
• Provide insights into cost management and revenue enhancement opportunities.

Internal Controls:

• Establish and maintain internal controls to safeguard company assets.
• Conduct regular internal audits to ensure compliance.

Financial Systems Management:

• Manage and maintain financial software and systems.
• Implement improvements to enhance efficiency and accuracy.

Inventory and Cost Control:

• Collaborate with operational teams to monitor inventory levels.
• Implement cost control measures to optimize profitability.

Month-End and Year-End Closures:

• Coordinate month-end and year-end financial closings.
• Ensure all financial transactions are accurately recorded.

Audit Support:

• Collaborate with external auditors during annual audits.
• Provide necessary documentation and explanations for audit inquiries.

Qualifications

• Bachelor’s Degree in Accounting, Finance, or related field.
• Experience in the hospitality industry
• Certified Public Accountant (CPA) or relevant professional certification preferred.
• Proven experience as a Financial Accountant in the hospitality industry.
• Strong knowledge of hospitality industry financial practices and regulations.
• Proficiency in accounting software and Microsoft Excel.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Effective communication and interpersonal skills.

Application Closing Date
29th February, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.