Financial Accountant

https://ipmc-ng.com/careers/company/ipmc
IPMC
LAGOS  -  Nigeria
756 Current Jobs Openings

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IKOYI, LAGOS, Nigeria
Job Detail
  • Industry:
    Finance
  • Total Positions:
    1
  • Job Type:
    Full Time
  • Salary:
    200,000 - 300,000
  • Job Location:
    LAGOS, Nigeria
  • Minimum Education:
    ACA
  • Minimum Experience:
    10+ Years
  • Apply By:
    Sep 20, 2022
  • Job Posting Date:
    Apr 21, 2022
Job Description

JOB DESCRIPTION
-Ensure that the guests have the best possible experience by trouble-shooting and resolving all billing-related disputes.
-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.
-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.
-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 sends the same to guest along with the supporting bills and statements.
-Follows up on any accounts within 3 days to ensure the 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 'Blacklisted' 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.
 
-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.
-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.

QUALIFICATIONS/ATTAINMENTS:
-As the successful candidate, you will hold 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
 
RELEVANT EXPERIENCE.
-You will have gained at least 12 years of experience in various financial roles within the hospitality sector preferably as Financial accountant
-You will have knowledge of applicable International Financial Reporting Standards (IFRS) and be proficient in SAP or Oracle.
Excellent knowledge of accounting principles and concepts
 
SKILLS AND COMPETENCES
-Excellent written and verbal skills.
-Ability to motivate employees and proven leadership skills.
-Familiarity with Financials System, Reporting System, Micros POS, and Excel

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