Finance Manager

Job Responsibilities

Financial Controller

Position Purpose

To ensure strict financial discipline in the Unit and to facilitate the achievement of the desired financial results through continuous review, analysis and sharing of performance data with the Management.

 

Responsibilities:

 

 

• Direct the budgeting process for all Capital and operational requirements.
• Assist in strategy formulation for the Unit in order to achieve a greater profitability.
• Create a work environment that is high in employee morale and provides constant learning and development and use the feedback from the EES / ESTS to draw an action plan.
• Develop systems and procedures that achieve higher cost efficiency and guest satisfaction.
• Develop and implement the annual plan using the TBEM framework linking the Department’s objectives to the Unit’s overall strategy.

Task Statements

 

• To ensure the adherence of the Standard Accounting procedures (GAAP) in all the accounting operations.
• Monitor cost and profit performance of all Departments regularly and provide recommendations / suggest corrective action.
• Ensure all financial activities, maintenance of accounts, efficient materials management, compliance with statutory requirements and management of cash flow.
• Budgetary control to ensure desired financial performance with emphasis on profit maximization through revenue enhancement and strict expenditure controls.
• Balance Sheet Management by weeding out NPAs and effective controls on fixed assets,

inventory, debtors and creditors.

• Timely completion of statutory and internal audit of the Unit without any qualifications.
• Handle all matters pertaining to taxation, insurance policies, banking etc.
• To assume responsibility for preparing all MIS reports to develop a more informative database for improved management decision making and critical evaluation of activities.
• Inform and advise the Department heads in areas of financial performance, cost benefits analysis, cost management etc.
• Develop departmental trainers in association with the Training Department and oversee all training activities within the Department.
• Maintain regular contact with corporate bodies, financial institutions, government agencies etc.
• Stay informed the latest amendments in commercial laws, tax structures and other developments in the financial world.
• Identify key communities, plan various initiatives and co-ordinate the support activities.

Requirements

Education

Minimum – Graduation in Commerce – (Graduation in other discipline also will be considered if candidate has additional qualifications as given below)
Preferable – M Com, Chartered Accountant, Cost Accountant,MBA




 

Knowledge/Skills

·         Thorough knowledge of modern Ø financial analysis tools and techniques

·          Knowledge of Commercial Laws and Ø regulations.

·          Working knowledge of the MS Office and Hotel AccountingØ& Materials package

Experience

 A minimum of 10-12 years in managing - accounting operations