ZMO 18275 - Financial Accountant (Hospitality)

Our client is seeking an experienced individual to manage and oversee financial accounting, reporting, reconciliations, compliance and internal controls for a hospitality establishment (hotel, resort, lodge, restaurant group or hospitality management company). Ensures accurate financial information to support operational decision-making and business performance.

Key Responsibilities:

Financial Accounting & Reporting

• Prepare monthly management accounts (P&L, Balance Sheet, Cash Flow).
• Perform month-end close processes (journals, accruals, prepayments,
  depreciation).
• Maintain general ledger accuracy.
• Produce weekly and monthly financial reports for management

Accounts Payable & Receivable

• Oversee AP processing (supplier invoices, purchase orders, GRNs).
• Ensure timely supplier payments and maintain supplier reconciliations.
• Oversee AR billing, credit control, and debt collection.

Cash & Banking

• Perform daily, weekly and monthly bank reconciliations.
• Monitor cash flow and liquidity.
• Ensure proper cash-handling procedures (front office, bars, restaurants, petty
  cash).

Revenue & Cost Control (Hospitality-specific)

• Verify daily revenue reports from PMS/POS systems (Opera, Micros, GAAP, etc.).
• Review room revenue, F&B revenue, banqueting/events income.
• Monitor cost of sales and inventory movements (food, beverage, consumables).
• Support stock takes and variance analysis.

Taxation & Compliance

• Prepare VAT calculations and submissions.
• Ensure compliance with hospitality and finance regulations.
• Liaise with auditors during internal and external audits.

Budgeting & Forecasting

• Assist with annual budgets and rolling forecasts.
• Support operational teams (F&B, Rooms, Front Office, Events) with cost insights.

Internal Controls

• Ensure strong controls around revenue, procurement, stock, cash, and assets.
• Enforce company financial policies and SOPs.