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Venmac Resources Limited

Accountant (Signature Lounge Kubwa Abuja) at Venmac Resources Limited

Venmac Resources Limited Abuja 0
Full Time , Onsite BA/BSc/HND 5 - 10 years ₦150,000 - ₦200,000/month
Posted Apr 7, 2026
Finance / Accounting / Audit&nbsp

Job Description

Job Summary

  • The Hotel Accountant is responsible for managing the hotel’s financial transactions, maintaining accurate financial records, preparing reports, and ensuring compliance with accounting standards and company policies.
  • This role ensures proper control of hotel revenues, expenses, assets, and liabilities to support management in decision-making and maintain profitability.

Key Responsibilities:

Financial Accounting and Reporting:

  • Record, classify, and summarize daily financial transactions of the hotel.
  • Prepare monthly, quarterly, and annual financial statements.
  • Monitor accounts payable, accounts receivable, and general ledger reconciliations.
  • Ensure compliance with local tax regulations and timely filing of tax returns.
  • Prepare payroll and ensure statutory deductions are remitted on time.
  • Maintain accurate financial records for the hotel.
  • Prepare daily, weekly, and monthly financial reports.
  • Monitor hotel revenue streams including rooms, food & beverage, and other services.
  • Ensure proper recording of all financial transactions.

Revenue and Expense Management:

  • Audit daily revenue reports and reconcile with front office and POS systems.
  • Verify and analyse income from rooms, food & beverage, banquets, and other hotel departments.
  • Track operating expenses and ensure cost control measures are followed.
  • Conduct variance analysis and report discrepancies to management.
  • Verify daily revenue reports from 
    Front Office and POS systems.
  • Ensure all sales transactions are properly captured and reconciled.
  • Monitor room revenue, occupancy reports, and rate accuracy.
  • Review credit card transactions and online booking payments.

Internal Controls and Compliance:

  • Implement and monitor internal financial controls.
  • Ensure compliance with hotel accounting policies, corporate standards, and regulatory requirements.
  • Support external and internal audits by providing required documentation.

Budgeting and Forecasting:

  • Assist management in the preparation of annual budgets and forecasts.
  • Monitor budget performance and highlight variances.
  • Provide financial insights to support business strategy and profitability.

Cash and Asset Management:

  • Manage cash flow and ensure sufficient funds for hotel operations.
  • Monitor bank reconciliations and petty cash management.
  • Safeguard the hotel’s financial assets and maintain proper documentation.

Inventory & Cost Control

  • Work with stores and procurement departments to monitor inventory usage.
  • Conduct periodic inventory checks for:
    • Food and beverage stock
    • Housekeeping supplies
    • Maintenance materials
  • Ensure proper cost control measures are implemented.

Bank & Cash Management

  • Monitor cash flow and maintain adequate cash balances.
  • Reconcile bank statements regularly.
  • Manage petty cash accounts and ensure proper documentation.

Compliance & Internal Control

  • Ensure compliance with accounting standards and financial regulations.
  • Implement and monitor internal financial control systems.
  • Work closely with the Internal Auditor during audit reviews.

Financial Reporting

  • Prepare monthly management accounts and financial statements.
  • Present financial performance reports to management.
  • Analyze revenue trends, expenses, and profitability.

How to Apply

Interested and qualified candidates should forward their CV to:

venmachospitality@gmail.com
using the position as subject of email.

Ready to apply?

Submit your application before the deadline.

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