Club Accountant

4 weeks ago

Lagos Island Local Government Area, Lagos, Nigeria Goldplates Feast House Full time

Position Overview

  • The Club Accountant is responsible for managing and overseeing all financial aspects of the club's operations.
  • This role involves handling financial transactions, preparing financial reports, managing budgets, and ensuring compliance with accounting standards and regulations.
  • The Club Accountant plays a crucial role in maintaining the financial health and integrity of the club.

Key Responsibilities

  • Financial Record Keeping:Maintain accurate and up-to-date financial records for the club, including accounts payable, accounts receivable, and general ledger entries.
  • Financial Reporting:Prepare financial statements, reports, and forecasts regularly to provide management with insights into the club's financial performance and trends.
  • Budget Management:Assist in the development of annual budgets and monitor actual performance against budgeted targets. Identify variances and recommend corrective actions as needed.
  • Cash Flow Management:Manage cash flow by monitoring inflows and outflows, ensuring adequate liquidity to meet financial obligations, and optimizing investment opportunities.
  • Financial Analysis:Conduct financial analysis to identify areas of improvement, cost-saving opportunities, and revenue enhancement strategies. Provide recommendations to management based on analysis findings.
  • Tax Compliance:Ensure compliance with tax laws and regulations by preparing and filing tax returns, coordinating with external tax advisors when necessary, and staying updated on changes in tax legislation.
  • Internal Controls:Establish and maintain internal controls to safeguard assets, prevent fraud, and ensure accuracy and reliability of financial information.
  • Audit Coordination:Coordinate and liaise with external auditors during the annual audit process. Provide requested documentation and explanations to support audit procedures.
  • Vendor Management:Manage relationships with vendors and suppliers, negotiate favorable terms and conditions, and ensure timely payment of invoices.
  • Financial Software Management:Utilize accounting software to record transactions, generate reports, and streamline financial processes. Provide training to staff on software usage as needed.

Qualifications and Skills

  • Bachelor's Degree in Accounting, Finance, or related field.
  • 3- 5 years of proven experience working as an accountant, preferably in a club or hospitality setting.
  • Strong understanding of accounting principles, practices, and standards.
  • Proficiency in accounting software and MS Excel.
  • Excellent analytical and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Effective communication and interpersonal skills.
  • Ability to work independently and collaboratively in a team environment.
  • Knowledge of club operations and industry-specific financial considerations is a plus.
  • Proximity to the Lagos Island is key
  • Applicant should be available to resume immediately.

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