Deputy Finance Controller

Anonymous Employer

 Lagos
Last Seen: 5th May 2021

IndustryHospitality & Hotel

Company NameAnonymous Employer

Job TypeFull Time

Required Experience8 year(s)

Job LevelSenior level

Education LevelDegree

Valid Until14th June 2021


POSITION TITLE: REPORTS TO: Finance Controller / General Manager 


Job Description:

  • Ensure that the guests have the 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 budgets.
  • Monitor each departmental expense and work directly with every HOD to cut down the operational cost to a minimum of 10%
  • Working with HOD’s to prepare departmental budgets and track profit/loss performance by the department.
  • Calculate and distribute wages and salaries.
  • Prepare regular reports and summaries of accounting activities.
  • Prepare financial statements and debtor's 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.
  • Review the postings, payments, and revenue and guest balance reports on a daily basis.
  • Ensure correct taxation is applied on all billing software like Property Management systems (PMS), Point of Sale (POS), and others if any.
  • Ensure that all statutory details (PAN, TAX NO, Company Registration no. Etc.) are displayed on the guest invoices and bills.
  • 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.
  • 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.
  • Approving all Travel Agent commissions and releasing payments after verification.
  • 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.
  • Document, monitor, and implement measures to safeguard the fixed assets of the hotel
  • Preparing and presenting financial report and bank reconciliation report against sales collection for General Manager and Owners.
  • 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.
  • Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management.
  • Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.
  • Oversee the Operations of Purchase & Store Department.
  • Involve in the purchasing negotiations to get the advantage of the best price to the company
  • Monitor minimum stock level, FIFO, expiry storage conditions etc of all items stored in the stores.
  • Perform the duties of Manager on Duty as allocated.

Requirements:

  • Experience:  Minimum 8 years of work experience with nothing less than 5 years  in the hotel industry
  • This job role is opened Preferably for a Female candidate
  • Candidate's location: Must Reside on Island in Lagos

Salary: NGN 250,000 - 300,000 gross


Conditions:

  • One month paid leave after completion of 12 months continues service
  • Service charge entitled after 03 months of employment.

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