Hotel Finance Manager

9 to 14 Years    Delhi (Delhi), Panjim/ Panaji (Goa), Ahmedabad (Gujarat), Calicut/ Kozhikode (Kerala), Mumbai (Mahar

Job Description

  • r
  • r Ensure that the guests have best possible experience by trouble-shooting and resolving all billing-related disputes.r r
  • r Represents the finance department on the daily department heads meeting with the general manager.r r
  • r Manage all phases of Accounts Payable, Receivable and department budget.r r
  • r Calculate and distribute wages and salaries.r r
  • r Prepare regular reports and summaries of accounting activities.r r
  • r Prepare financial statements and debtors' listings.r r
  • r Verify recorded transactions and report irregularities to management.r r
  • r Providing direction to the night audit team so as to ensure proper revenue reporting.r r
  • r Reviewing all ledger details guest ledger, city ledger and deposit ledgers to validate proper payment and revenue posting.r r
  • r If any imbalance or difference found on the ledger then co-ordinate with the PMS team to resolving the same.r r
  • r Review the postings, payments, revenue and guest balance reports on a daily basis.r r
  • r Ensure correct taxation are applied on all billing software like Property Management systems (PMS), Point of Sale (POS) and SPA software's.r r
  • r Ensure that all statutory details (PAN, TAX NO, Company Registration no. Etc.) are displayed on the guest invoices and bills.r r
  • r Bills A/R accounts daily and send the same to guest along with the supporting bills and statements.r r
  • r Follows up on any accounts within 3 days to ensure customer has received the invoice and does not have any questions.r r
  • r Review the Accounts Receivable (A/R) Ageing reports on a daily basis.r r
  • r Follow up 30 days after the initial billing if payment has not been received.r r
  • r Check customers credit ratings and Flag accounts as 'Black listed' for long outstanding or defaulter accounts.r r
  • r Enters invoices into accounts payable system weekly after verifying a purchase order was received from ordering department head and obtaining General Manager's approval.r r
  • r Forecasting cash payments and anticipating challenges arising from limited cash flow.r r
  • r Ensuring that cash flows are adequate to allow business units to operate effectively.r r
  • r Maintain banking relationships and negotiating loans and merchant services for business units.r r
  • r Maintains files of all contracts, insurance policies, tax reports, expenses, payroll, etc.r r
  • r Maintaining and transferring money between bank accounts as required.r r
  • r Performing numerical analysis of data and formulating conclusions and/or solutions.r r
  • r Approving all Travel Agent commissions and releasing payments after verification.r r
  • r Preparing financial reports and submissions to relevant government entities.r r
  • r Ensures all new hire paperwork, benefits, performance appraisals, disciplinary action forms and other pertinent personnel documents are filed appropriately and maintained in accordance with the company HR practices.r r
  • r Monitors and contains all property inventories to ensure proper levels without causing burdens on property cash flows.r r
  • r Preparing and presenting financial reports for meetings and investors.r r
  • r Working with executives and business heads to prepare budgets and track profit / loss performance by business unit.r r
  • r Providing direction and training to hotel operational team in areas related to finance, financial reports, internal controls, labour management, payroll, etc.r r
  • r Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management.r r
  • r Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activitiesr r

Education: Any Graduate
Industry: Hotel/Travel/Tourism/Airlines/Hospitality

Skills Required

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Job Detail

  • Job Id
  • Industry
    Not mentioned
  • Total Positions
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
  • Job Location
    Delhi (Delhi), Panjim/ Panaji (Goa), Ahmedabad (Gujarat), Calicut/ Kozhikode (Kerala), Mumbai (Mahar,
  • Education
    Not mentioned
  • Experience
    9 to 14 Years