Job Description

Opening for Finance Controller (CA) - Jaipur for Hospitality Industry

Experience : 6 - 14 Years

Qualification : CA

- To ensure appropriate control and review processes are in place and are being performed across the hotel.

- Manage all phases of Accounts Payable, Receivable, General Ledger, Banking, Cash, Payroll Processing, Fixed assets, Material Management etc.

- To lead the finance team for the hotel, ensuring that performance is monitored and that teams are motivated, trained and developed.

- Prepare financial statements and debtors' listings.

- Verify recorded transactions and report irregularities to management.

- Providing direction to the Income audit team so as to ensure proper revenue reporting and ensuring existence of controls in each process.

- Reviewing all ledger details guest ledger, city ledger and deposit ledgers to validate proper payment and revenue posting.

- Review the postings, payments, revenue and guest balance reports on a daily basis.

- Ensuring adherence to all statutory compliances.

- Review the Accounts Receivable (A/R) ageing reports on a regular basis.

- Ensuring zero or negligible write-offs.

- To become the financial conscience of the hotel

- Work with the management team to identify and implement cost and sales initiatives.

- Forecasting cash payments and anticipating challenges arising from limited cash flow.

- Ensuring that cash flows are adequate to allow business units to operate effectively.

- Maintain banking relationships and negotiating merchant services for business unit.

- Maintaining and transferring money between bank accounts as required.

- Performing numerical analysis of data and formulating conclusions and/or solutions.

- Approving all payments and releasing payments after verification.

- Preparing financial reports and submissions to top management.

- Interaction with stakeholders for bridging the gap between expectations and the results.

- Monitors and contains all property inventories to ensure proper levels without causing burdens on property cash flows.

- Working with executives and business heads to prepare budgets and track profit / loss performance for business unit by cost centre.

- Providing direction and training to hotel operational team in areas related to finance, financial reports, internal controls, labour management, payroll, etc.

- Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management.

- Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.

- Ensure that the guests have best possible experience by trouble-shooting and resolving all billing-related disputes.

- To liaise with internal and external audit staff, legal counsel and government authorities.

PREREQUISITES :

- Strong verbal and written communications skills with strong accounting software experience. Proficiency with MS Office (Excel / Word).

- Knowledge of preparation of accounts including balance sheets and notes to accounts.

- Preference for candidate who has SAP working knowledge.

- Should be conversant with Indirect Tax matters

- Basic working knowledge of Companies Act and INDAS requirements.