Head Of Finance & Accounts

Year    MH, IN, India

Job Description

Head of Finance & Accounts (Hospitality & Cost Accounting Specialist)



We are looking for a highly skilled Accountant with deep experience in

hospitality accounting

,

cost-centre management

, and

financial reporting for multi-unit hotel/Airbnb operations

.
The role involves designing our

accounting structure

, creating

cost centres for each apartment/property

, and delivering clear

profitability insights

to support business decisions.

Key Responsibilities



1. Accounting Structure & Process Setup



Design and implement a

cost-centre accounting system

for 60+ apartments/hotel units. Create a clear accounting flow for

rent, salaries, utilities, housekeeping, maintenance

, and other recurring costs. Ensure accurate mapping of

income, expenses, assets, and liabilities

to each cost centre. Standardize monthly closing, reconciliations, and reporting processes.

2. Financial Reporting & Profitability Analysis



Prepare

EBITDA

, Gross Margin, Net Profit, and other key financial metrics for each property and for the overall business. Generate

P&L statements per apartment

, monthly and quarterly comparisons, and trend analyses. Track receivables, payables, rent cycles, salary cycles, depreciation schedules, and cash-flow timelines.

3. Cost Accounting & Unit Economics



Identify cost leakages and provide insights on reducing operational expenses. Build

unit economics models

for each apartment (revenue per available room, cleaning cost per stay, occupancy insights, etc.). Monitor variable vs. fixed costs and allocate overheads accurately.

4. Compliance & Controls



Ensure statutory compliance: GST, TDS, audits, asset depreciation, monthly filings. Maintain clean, error-free books; coordinate with auditors/tax consultants as needed. Establish internal controls for payments, approvals, and reimbursements.

5. Tools & Systems



Proficient with

Tally, Zoho Books, QuickBooks, or similar

accounting platforms. Ability to design templates/reports that management can easily review.

Requirements



Bachelor's/Master's degree in Accounting, Commerce, or Finance.

Minimum 5 years experience in hotel/hospitality accounting

(MANDATORY). Proven experience in

cost-centre accounting

and multi-property financial management. Strong understanding of

EBITDA, cash flow, depreciation, accruals, and unit economics

. Excellent analytical and reporting skills. Structured, detail-oriented, and able to deliver insights independently.
Job Types: Full-time, Permanent

Pay: ?500,000.00 - ?750,000.00 per year

Work Location: In person

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Job Detail

  • Job Id
    JD4916055
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    MH, IN, India
  • Education
    Not mentioned
  • Experience
    Year