Job Description

28 Jan 2026

Business Unit:

Corporate ama Stays & Trails - Mumbai

Department:

Finance

Description:

About IHCL

Indian Hotels Company Limited (IHCL) is a part of the Tata Group and is one of South Asia's largest and most iconic hospitality companies. With a legacy of over 120 years, we are dedicated to delivering exceptional experiences to our guests through our diverse portfolio of hotels, resorts, and palaces.
Careers at IHCL

At IHCL, we believe our employees are our greatest asset. We are committed to fostering a dynamic work environment that encourages innovation, collaboration, and personal growth. Join us in creating memorable experiences and shaping the future of hospitality. Explore exciting career opportunities with us and be a part of a vibrant team that values passion, excellence, and diversity.
Job Objective

To carry out financial reporting on a monthly, quarterly, and annual basis and manage activities related to Group Companies within the limits of corporate policies, accounting standards, guidelines specified by SEBI, and the Companies Act. The objective is to prepare accounts and MIS, track and prepare budgets for consolidated financial statements, ensuring accurate financial reporting.

Essential Job Tasks
Prepare accounts and MIS for corporate accounts.

Track and manage budgets to ensure accurate financial reporting.

Ensure correct and accurate financial reporting in line with company policies and accounting standards.


Areas of Responsibility

1. Budgeting and Planning on Consolidated basis:
Send communication to all legal entities for budget planning. Receive budgets from each department indicating expenses for new initiatives/plans.

Prepare draft budget after comparing with previous years' results as well as current year estimates.

Prepare reports and analyze budgets, prioritize and reallocate expenses as required. Compile all interim budget figures and related documents.



2. Financials and Reporting on Consolidated basis:
Prepare all MIS reports based on information received from legal entities. Ensure the monthly/quarterly reports are diligently prepared and all tasks are performed within timelines.

Prepare variance analysis for profit and loss account on a quarterly and annual basis.

Preparation of Consolidated Financial Results - Quarterly/Annual basis - send the closing instruction plan to subsidiaries, joint ventures & associates for the quarterly closing; request for data in prescribed format.

Prepare the Consolidated Financial Results (Consolidated Profit & Loss Account) from the data and get the same reviewed at the first level from VP. Liaise with the auditors for the audit of the Consolidated Profit & Loss Account and finalize and get the same signed by the auditors.

Forward the Consolidated P&L Account to the management.

Prepare and review balance sheet to ensure account balances are supported by appropriate documentation in accordance with policies of the organization.

Prepare/Review of Cash Flow Statement, Related Party Transactions, Notes to Account, etc., forming part of the Financial Statement.

In case of acquisitions, review financial statements of the target; understand how consolidation of financial statements can be done and its impact; coordinate with target officials for closure.



3. Statutory Compliance & Audit:
Ensure smooth conduct of audit of Consolidated financial statements.

Prepare and provide various statements/reconciliations/schedules required by auditors, provide explanation to their queries on quarterly and yearly basis. Implement recommendations of seniors and auditors.

Ensure compliance of all statutory and implement corrective actions as brought out by the audit observations.


Required Qualifications

Chartered Accountant (CA)/ Masters in Commerce or Finance (M.Com./MBA) or equivalent.

Work Experience

15+ years

Languages Needed in Position

English

Key Interfaces- External

Auditors, advisors and Others

Key Interfaces- Internal

Finance function, Legal entities Finance heads, compliance and internal audit

Behavioural Competencies
Process Excellence
Result Orientation
Collaborative Engagement
Change Championship
Growth Mindset
Talent Enrichment
Guest Centricity
Personal Effectiveness
Equal Opportunities Employment at IHCL

At IHCL, we celebrate diversity and are committed to creating an inclusive environment for all employees. We are proud to be an equal opportunity employer and do not discriminate based on race, color, religion, gender, sexual orientation, age, national origin, disability, or any other status protected by applicable law. We encourage all qualified individuals to apply and join our team, where every voice is valued and respected.