Vacancy for a Financial Accountant at Independent Project Monitoring Company Limited

Employment Nigeria 18-Jan-2018 LAGOS , Accounting

Independent Project Monitoring Company Limited is recruiting to fill the position below:

POSITION : Financial Accountant

Qualifications

A Bachelor degree in accounting or finance. A master’s degree would be an added advantage
Membership of the chartered institute of accountant of Nigeria is required
At least 12 years of experience in various financial roles within the hospitality sector.
Knowledge of applicable International Financial Reporting Standards (IFRS) and be proficient in SAP or Oracle.
Knowledge of accounting principles and concepts
Excellent written and verbal skills.
Ability to motivate employees and proven leadership skills.
Familiarity with Financials System, Reporting System, Micros POS and Excel

Responsibilities

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.
Preparing financial reports and submissions to relevant government entities.
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.
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.
Review the postings, payments, revenue and guest balance reports on a daily basis.
Ensure correct taxation are applied on all billing software like Property Management systems (PMS), Point of Sale (POS) and SPA software's.
Ensure that all statutory details (PAN, TAX NO, Company Registration no. Etc.) are displayed on the guest invoices and bills.
Bills A/R accounts daily and send the same to guest along with the supporting bills and statements.
Follows up on any accounts within 3 days to ensure customer has received the invoice and does not have any questions.
Review the Accounts Receivable (A/R) Ageing reports on a daily basis.
Follow up 30 days after the initial billing if payment has not been received.
Check customers credit ratings and Flag accounts as 'Black listed' for long outstanding or defaulter accounts.
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.
Providing direction and training to hotel operational team in areas related to finance, financial reports, internal controls, labour management, payroll, etc.
Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.

How To Apply
Candidates should send their CV’s to: career@ipmc-ng.com

Sorry the application deadline for this job has elapsed

Disclaimer: Though we make every effort to verify the authenticity of our posts, We're in no way affiliated to any of these companies whose vacancies we publish.
Note : Do not pay any fees to Employers for recruitment. To report and to view a list of fake recruiters in Nigeria, . Click Here

Vacancy for a Financial Accountant at Independent Project Monitoring Company Limited

SIMILAR JOBS

MOST RECENT JOBS

GET FREE JOB ALERTS

POPULAR JOBS

Employment Nigeria

Job Seekers

Employers

Contact