Job Title: Accountant

Location: Lokoja

Employment Type: Full-Time

Reports To: N50,000 (Negotiable)

Job Summary:

We are seeking a diligent and detail-oriented Accountant to manage and oversee all financial aspects of our bar operations. The Accountant will be responsible for maintaining accurate financial records, managing budgets, processing transactions, and ensuring compliance with financial regulations. The ideal candidate will have a strong background in accounting, excellent analytical skills, and a keen eye for detail.

Key Responsibilities:

• Financial Management:
• Manage and oversee the daily financial operations of the bar, including accounts payable and receivable, payroll, and general ledger.
• Prepare and maintain accurate financial records and reports, including balance sheets, income statements, and cash flow statements.
• Monitor and analyze financial performance, identifying trends and areas for improvement.
• Budgeting and Forecasting:
• Assist in the preparation of annual budgets and financial forecasts.
• Monitor and control budgets to ensure efficient use of resources.
• Provide regular financial updates and variance reports to management.
• Inventory and Cost Control:
• Work with the Inventory Officer to monitor inventory levels and costs.
• Conduct regular audits of inventory and financial records to ensure accuracy.
• Implement cost control measures to manage expenses and maximize profitability.
• Compliance and Audit:
• Ensure compliance with all local, state, and federal financial regulations.
• Prepare for and assist with internal and external audits.
• Maintain proper documentation and records for audit purposes.
• Transaction Processing:
• Process daily financial transactions, including sales, purchases, and expenses.
• Reconcile bank statements and resolve any discrepancies.
• Manage cash handling procedures and ensure proper recording of cash transactions.
• Payroll Management:
• Process payroll and ensure timely payment of wages.
• Maintain accurate payroll records and handle payroll-related inquiries.
• Ensure compliance with employment and tax regulations.
• Financial Analysis:
• Analyze financial data to identify trends, opportunities, and areas for improvement.
• Provide financial insights and recommendations to support decision-making.
• Prepare ad hoc financial reports and analysis as needed.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Proven experience as an accountant, preferably in the hospitality or food and beverage industry.
• Strong knowledge of accounting principles, practices, and regulations.
• Proficiency in accounting software (e.g., QuickBooks, Xero) and Microsoft Office Suite (Excel, Word).
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Excellent organizational and time management skills.
• Ability to work independently and as part of a team.
• Strong communication and interpersonal skills.