Job Overview

The Accountant/Financial Controller will manage the financial operations, reporting, and internal controls for The Manor by Luckzi Hotel, setting a high standard in hotel financial management. This role requires strong financial skills tailored to hospitality operations, ensuring compliance, strategic cost management, and data-driven financial insights. The candidate will play a critical role in producing monthly reports for the hotel’s owner and supporting profitable decision-making.

Key Responsibilities

Financial Management and Accounting

• Oversee daily accounting functions, including accounts receivable, accounts payable, cash management, and general ledger.
• Maintain accurate financial records, ensuring compliance with regulatory standards, including IFRS, and Nigerian tax obligations.
• Prepare monthly, quarterly, and annual financial statements and reports, aligning with company standards.

Budgeting and Forecasting

• Develop, implement, and monitor the hotel’s annual budget in coordination with department heads.
• Conduct monthly variance analysis, comparing actuals to budget, and provide insights to drive adjustments.
• Prepare rolling forecasts to assist in strategic planning and ensure alignment with business goals.

Hospitality-Specific Financial Management

• Calculate, analyze, and report key performance indicators (KPIs) specific to the hotel industry, including RevPAR (Revenue per Available Room), ADR (Average Daily Rate), GOP (Gross Operating Profit), and OCC (Occupancy Rate).
• Implement revenue management principles, collaborating with sales and marketing to maximize room occupancy and optimize pricing strategies.

Internal Controls and Compliance

• Establish robust internal controls to safeguard assets, reduce risk, and prevent fraud, with a particular focus on cost control and inventory management.
• Conduct internal audits to ensure compliance with policies, health and safety standards, labor laws, and local regulations.
• Liaise with external auditors, preparing necessary documentation and maintaining transparency.

Financial Reporting

• Produce and present comprehensive financial reports at monthly meetings with the owner, emphasizing hospitality-specific metrics and actionable recommendations.
• Prepare custom financial reports upon request to provide a deep insight into the hotel’s financial health and operational efficiency.

Coordination with Operations

• Work closely with department heads to improve financial awareness, promote budget adherence, and optimize resource utilization.
• Provide training or guidance on financial processes and systems to relevant hotel staff as required.

Systems and Technology

• Ensure data accuracy in financial reports through efficient use of accounting and hospitality management systems.
• Utilize Google Workspace, especially Google Sheets, for data tracking and creating custom dashboards aligned with hospitality metrics.

Qualifications and Skills

Essential Certifications

• ICAN (Institute of Chartered Accountants of Nigeria), ACCA (Association of Chartered Certified Accountants), ACA (Institute of Chartered Accountants of Nigeria), or CIMA (Chartered Institute of Management Accountants) certification is mandatory.
•  A Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Minimum of 5 years of accounting or financial management experience, with a preference for candidates with hospitality or service industry experience.

Technical Skills

• Proficiency in accounting software and hospitality management systems (e.g., QuickBooks, Opera, MICROS, M3).
• Advanced skills in Google Workspace, especially Google Sheets, for financial analysis and reporting.
• Knowledge of Nigerian tax laws, regulatory compliance standards, and IFRS.

Industry-Specific Knowledge and Analytical Skills

• Experience with hospitality metrics and KPIs, including RevPAR, ADR, GOP, and Occupancy Rates.
• Strong analytical skills with the ability to interpret complex financial data and make informed recommendations.
• Proven ability to conduct financial analysis for cost control, revenue optimization, and profitability improvement.

Personal Attributes

• High ethical standards, integrity, and reliability in managing confidential financial information.
• Excellent organizational skills with the ability to manage multiple tasks and meet deadlines.