Manager - Finance & Accounts - Hotel

A leading Hotel chain is hiring Finance and Accounts Manager for their Corporate Office based at Andheri, Mumbai

Candidate should have minimum 5+ years of experience in managing Finance & Accounts, preferably from a Hospitality background

Key Responsibility Area :

- To Ensure No Leakage in Revenues

- Proper maintenance of books of accounts

- Timely Submission of Reports & Compliances

- Regular Cost Control Measures

- Effective Communication

- Committing Policies & SOP's

Operational Responsibilities :

- Manage day to day operations of the Finance department.

- Manage the Finance function of the hotel to ensure that accurate management and financial accounts are produced consistently with company accounting policies and timetables.

- To deliver commercial business objectives and financial targets through effective leadership and development of the hotel team.

- Actively guide and direct the whole team to ensure consistency of brand standards and a high level of performance and service delivery.

- Implement standard operating procedures to improve the process & performance.

- Control & monitor all departmental costs on a regular basis to ensure performance against budget.

- Proper & effective utilization of resources & perform regular inventory and internal audits

- Focus on the Gross Operating Profit of the unit

- Implementation of Strategic plan, budget and financial goals

- Maintenance of Books of accounts like Cash book, Bank book, A/c Receivables and A/c Payables.

- To ensure proper documentation of all transactions in a transparent and systematically appropriate method.

- Maintain up to date cash flow projections and control

- Prepare bank reconciliation statements on a daily basis.

- To prepare analysis of budget Vs. Actual on a monthly basis and report to management.

- Prepare consolidated monthly financial review and assessment to General Manager

- Provide forecast information to the operating departments

- Implement and review financial controls and policies

- To ensure that all expenses are accounted under the correct heads of expenditure.

- To ensure the posting of all sales transactions into the A/c receivable ledger and reconcile the A/c receivables on a periodic basis and take the balance confirmations from the parties.

- To ensure the posting of all Vendor related transactions to the A/c payables ledger and reconcile the A/c payables on a periodic basis and take the Balance confirmations from the parties.

- To ensure the Assets of the Company are properly documented and filed in the Asset Register with details such as - Name of the Asset / Date & Year of purchase / Location of the Asset / Cost of the Asset (Including all expenses up to installation and working of the Asset) / WDV of the Asset.

- To ensure that all purchases are supported with valid purchase orders from purchase dept, vendor invoice and GRN.

- To follow-up Debtors outstanding on regular basis, to have proper credit control systems and strictly adhere to the guidelines laid down by the Management regarding the credit norms.

- To prepare Profit & Loss account and Balance sheet periodically and report to the management on key issues.

- To prepare the payroll of the staff and credit the salary to bank accounts of all the staff every month.

- Ensure smooth internal and external audit