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Description:

Job Purpose

The Chief Accountant will be responsible for overseeing the financial activities of the hotel, ensuring accuracy, compliance, and efficiency. Take charge of overseeing the day-to-day accounting operations of the hotel, ensuring accurate financial reporting, strong internal controls, and compliance with statutory and regulatory requirements. Provide leadership to the accounting team, including Accounts Payable, Accounts Receivable, Inventory, and Purchasing functions.

Summary of Key Responsibilities:

• Develop and implement financial plans, budgets, and forecasts. Monitor financial performance, produce monthly, quarterly, and annual financial reports.
• Lead the monthly, quarterly, and annual financial close processes.
• Prepare and review monthly management accounts.
• Maintain and manage a comprehensive month-end checklist.
• Review all journal entries, including payroll journals, prior to approval by the Financial Controller.
• Prepare and analyze financial reports, budgets, forecasts, and variance analyses to support decision-making and strategic planning.
• Coordinate and liaise with external auditors, tax authorities, and regulatory agencies to facilitate audits, tax filings, and compliance requirements.
• Prepare audit schedules and resolve audit queries.
• Monitor cash flow, liquidity, and financial performance metrics to identify risks, opportunities, and areas for improvement.
• Provide financial analysis, insights, and recommendations to senior management to support business decisions and initiatives.
• Manage the day-to-day accounting operations, including general ledger maintenance, accounts payable and receivable, and payroll processing.
• Improve cash collections and manage supplier relationships.
• Ensure compliance with accounting and tax regulations. Coordinate external audits and prepare required financial statements.
• Monitor cost controls and make recommendations for cost-saving opportunities. Analyze profitability and provide financial insight to the management team.
• Manage a team of junior accountants, providing guidance, support, and feedback. Ensure the team's work is accurate, timely, and meets the hotel's standards.
• Oversee the implementation of accounting and financial software systems. Ensure integration with other operational systems.
• Participate in the development and implementation of the company's strategic plans.
• Provide financial analysis and recommendations to support business decisions.
• Assist the Financial Controller in developing and implementing controls
• Identifying issues with accounting processes or procedures that could lead to future errors or misinterpretations of data

Required Skills and Competencies:

• Excellent written and verbal communications skills
• Strong business acumen and proven drive for results
• Ability to analyze and interpret complex financial data.
• Excellent attention to detail and accuracy
• Strong leadership and interpersonal skills
• Good negotiation skills
• Excellent analytical problem-solving skills
• Strategic thinking and analytical skills
• Excellent interpersonal skills

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Primary Areas of Accountability: