Hotel Accounts & Finance Manager - South Delhi(Immediate Joiner Required)

Job description

Accounts & Finance Manager – Job Description (Hotel)Job Title

Accounts & Finance Manager

Department

Finance & Accounts

Reports To

General Manager / Director of Finance / Hotel Owner

Job Summary

The Accounts & Finance Manager is responsible for managing all financial and accounting operations of the hotel, ensuring compliance with statutory regulations, maintaining accurate financial records, controlling costs, managing cash flow, preparing financial reports, and supporting management with financial planning and decision-making.

Key ResponsibilitiesFinancial Management

Oversee the hotel's daily accounting and financial operations.

Prepare monthly, quarterly, and annual financial statements.

Monitor revenue, expenses, profitability, and cash flow.

Prepare budgets, forecasts, and variance analysis.

Ensure timely bank reconciliations and cash management.

Develop and implement financial policies and internal controls.

Accounts Payable & Receivable

Supervise vendor payments and maintain supplier reconciliations.

Monitor guest, corporate, and travel agent receivables.

Follow up on outstanding payments and maintain debtor aging reports.

Ensure timely processing of invoices and payment approvals.

Revenue & Cost Control

Reconcile daily revenue reports with Front Office and POS systems.

Monitor room revenue, F&B revenue, banquet revenue, and other operating income.

Analyze departmental expenses and recommend cost-saving measures.

Conduct regular audits to prevent revenue leakage.

Taxation & Statutory Compliance

Ensure timely filing of GST, TDS, Income Tax, PF, ESI, and other statutory returns.

Coordinate with auditors, tax consultants, and government authorities.

Maintain compliance with all applicable financial regulations.

Payroll & Employee Benefits

Verify monthly payroll, incentives, reimbursements, and statutory deductions.

Ensure timely salary processing and compliance with labor laws.

Inventory & Asset Management

Monitor inventory valuation and stock controls.

Conduct periodic physical verification of inventory and fixed assets.

Maintain fixed asset registers and depreciation schedules.

Audit & Internal Controls

Coordinate statutory, internal, and tax audits.

Ensure compliance with hotel financial policies and SOPs.

Identify financial risks and recommend corrective actions.

MIS & Reporting

Prepare Daily Revenue Reports (DRR), Daily Flash Reports, P&L statements, balance sheets, and cash flow statements.

Present financial performance reports to management.

Provide financial analysis to support business decisions.

Team Management

Lead and supervise the Accounts team.

Train and mentor finance staff.

Allocate work, monitor performance, and ensure adherence to deadlines.

Required Qualifications

Bachelor's Degree in Commerce (B.Com), Finance, or Accounting.

MBA (Finance), CA Inter, CMA, or equivalent qualification preferred.

Minimum 5–8 years of accounting and finance experience, with at least 2–3 years in the hospitality industry.

Skills & Competencies

Strong knowledge of hotel accounting principles.

Experience with hotel PMS and accounting software (IDS, Tally Prime, Opera, WinHMS, or similar).

Excellent knowledge of GST, TDS, Income Tax, PF, ESI, and statutory compliance.

Strong analytical and financial reporting skills.

Advanced proficiency in Microsoft Excel and MS Office.

Excellent leadership, communication, and problem-solving abilities.

High level of integrity, accuracy, and attention to detail.

Key Performance Indicators (KPIs)

Timely preparation of monthly financial statements.

Accuracy of financial records and reconciliations.

Compliance with statutory filing deadlines.

Effective cash flow and working capital management.

Reduction in outstanding receivables.

Budget adherence and cost optimization.

Successful completion of internal and statutory audits with minimal observations.

Timely vendor payments and payroll processing.

Improvement in departmental efficiency and financial controls.

Working Conditions

Full-time position with flexibility to work during month-end closings, audits, and peak business periods.

Coordination with all hotel departments, auditors, banks, vendors, and government authorities.

Benefits

Cell phone reimbursement

Flexible schedule

Food provided

Internet reimbursement

Leave encashment

Paid time off

Provident Fund

Ability to commute/relocate

Delhi

Reliably commute or planning to relocate before starting work (Required)

Application Question(s)

Hotel background only 10years experience, good knowledge of IDS and Tally Prime software. (mandatory)

Experience

Hospitality

10 years (Required)

Pay

₹40,000.00 - ₹50,000.00 per month

Benefits

Cell phone reimbursement

Commuter assistance

Flexible schedule

Food provided

Internet reimbursement

Provident Fund

Ability to commute/relocate

Saket, Delhi: Reliably commute or planning to relocate before starting work (Required)

Application Question(s)

Must be from Hospitality background with 10 years of experiance, IDS and Tally Prime software knowledge is mandetory for candidate.

Education

Master's (Required)

Experience

Hospitality

10 years (Required)

Language

English (Required)

Work Location

In person