Hotel Accountant

We are seeking a detail-oriented and experienced Hotel Accountant to manage and oversee financial transactions and processes in our hospitality establishment. The ideal candidate will have at least 2 years of experience in accounting, a strong understanding of hotel operations, and a commitment to maintaining accurate financial records and ensuring compliance with industry standards.

Key Responsibilities

1. Financial Management:

   • Record daily financial transactions, including guest payments, vendor invoices, and operational expenses.
   • Prepare monthly, quarterly, and annual financial statements.
   • Reconcile bank accounts and ensure all discrepancies are resolved promptly.

2. Budgeting and Reporting:

   • Assist in the preparation of budgets and forecasts.
   • Monitor actual expenses against budgeted amounts and provide variance analysis.
   • Generate detailed financial reports for management review.

3. Revenue Auditing:

   • Verify and audit daily revenue reports from front desk and point-of-sale systems.
   • Ensure accurate posting of room revenues, food and beverage sales, and other income streams.

4. Accounts Payable and Receivable:

   • Manage vendor invoices, payments, and contracts.
   • Track and follow up on receivables, including corporate bookings and group accounts.

5. Compliance and Taxation:

   • Ensure compliance with local accounting regulations and tax laws.
   • Prepare and file VAT, income tax, and other statutory returns.
   • Support external audits and provide necessary documentation.

6. Inventory and Asset Management:

   • Oversee inventory valuation and control.
   • Maintain records of fixed assets and depreciation schedules.

7. Process Improvement:

   • Identify opportunities to improve financial processes and implement best practices.
   • Train staff on accounting policies and procedures as required.

Qualifications and Skills

• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA or ACCA certification 
• At least 2 years of accounting experience, preferably in the hospitality industry.
• Proficiency in accounting software (e.g., QuickBooks, Sage) and hotel management systems
• Strong analytical skills and attention to detail.
• Excellent organizational and multitasking abilities.
• Strong communication skills for collaboration with management and other departments.
• Knowledge of relevant local tax regulations and compliance requirements.