Financial Controller

Financial Controller

Location: Osogbo, Osun

Employment Type: Full-time 

Job Summary

• The Financial Controller is responsible for overseeing the financial operations of the hotel, ensuring accurate financial reporting, effective cost control, proper budgeting, regulatory compliance, and sound financial management.
• The role involves monitoring revenue, expenses, payroll, purchasing, inventory, accounts payable and receivable, cash management, and financial performance while providing management with reliable information for business decision-making.

Responsibilities

Financial Management:

• Oversee the day-to-day financial operations of the hotel.
• Prepare and monitor annual budgets, forecasts, and financial plans.
• Ensure accurate recording and reporting of all hotel financial transactions.
• Monitor the hotel's revenue, expenses, profitability, and cash flow.
• Prepare monthly, quarterly, and annual financial reports for management.
• Analyse financial performance and provide recommendations for improvement.
• Maintain proper accounting records in accordance with approved accounting standards and hotel policies.

Revenue Control:

• Monitor daily hotel revenue from Rooms, Food & Beverage, Events, Conference, Laundry, Spa, Gym, Bar, and other revenue-generating departments.
• Review daily revenue reports and ensure that all transactions are properly captured.
• Reconcile income from POS, hotel management systems, online bookings, bank payments, and cash collections.
• Investigate revenue discrepancies and ensure timely resolution.

Cost Control:

• Monitor hotel operating expenses and ensure spending remains within approved budgets.
• Review departmental expenses and identify areas of unnecessary expenditure.
• Establish and maintain effective cost-control procedures.
• Monitor food and beverage costs, beverage consumption, wastage, and inventory variances.
• Work closely with the Procurement and Stores departments to ensure proper purchasing and stock-control procedures.

Accounts Payable & Receivable:

• Supervise the processing of supplier invoices and payments.
• Ensure that all supplier invoices are properly approved before payment.
• Monitor outstanding guest and corporate accounts.
• Follow up on overdue receivables and ensure timely collection.
• Reconcile supplier and customer accounts regularly.
• Maintain accurate records of all hotel liabilities and receivables.

Payroll & Staff Costs:

• Review monthly payroll before final approval and processing.
• Ensure salaries, allowances, deductions, taxes, and statutory contributions are accurately calculated.
• Monitor staffing costs against the approved payroll budget.
• Work with Human Resources to ensure accurate employee records and payroll information.

Audit & Compliance:

• Coordinate internal and external financial audits.
• Ensure compliance with applicable accounting standards, tax regulations, and statutory requirements.
• Maintain proper documentation for financial transactions.
• Implement effective internal controls to prevent fraud, errors, and financial losses.
• Investigate financial irregularities and report significant issues to management.

Management Reporting:

• Prepare management accounts and financial performance reports.
• Provide financial analysis and recommendations to the General Manager and management team.
• Track key financial indicators such as:
• Revenue
• Gross profit
• Net profit
• Food cost
• Beverage cost
• Payroll cost
• Operating expenses
• Cash flow
• Accounts receivable
• Accounts payable
• Provide financial information to support strategic and operational decisions.

Requirements

The successful candidate should possess:

• Strong accounting and financial management skills.
• Excellent analytical and problem-solving abilities.
• Strong knowledge of hotel accounting procedures.
• Excellent budgeting and forecasting skills.
• Strong knowledge of revenue and cost control.
• Good understanding of hotel operations.
• Excellent attention to detail and accuracy.
• Strong leadership and team-management skills.
• Excellent communication and interpersonal skills.
• Strong negotiation and decision-making skills.
• Ability to work under pressure and meet strict deadlines.
• High level of integrity, confidentiality, and professionalism.
• Good knowledge of accounting software and hotel management systems.
• Advanced Microsoft Excel skills.
• Ability to analyse financial data and prepare management reports.

Experiences:

• Minimum of 5–8 years of relevant accounting or financial management experience, preferably within the hospitality industry.
• Previous experience in a hotel, resort, restaurant, or hospitality group is strongly preferred.
• Minimum of 2–3 years in a supervisory or managerial finance position.
• Experience with hotel accounting systems, POS systems, PMS, and financial reporting software.
• Practical experience in:
• Hotel revenue auditing
• Cost control
• Budget preparation
• Payroll
• Inventory control
• Accounts payable and receivable
• Bank reconciliation
• Financial reporting
• Internal and external audits.

Application Closing Date

31st October, 2026.

How to Apply

Interested and qualified candidates should send their CV to: hr@blissviewhotelandsuites.com using the job title as the subject of the mail.