Description : Role Overview
We are seeking an experienced Finance & Accounts Manager to lead and oversee the financial operations across multiple brand properties. This role plays a critical part in maintaining financial health, ensuring statutory compliance, and driving strategic growth. The ideal candidate will manage end-to-end accounting functions, lead funding initiatives, and provide financial insights to support expansion and operational efficiency.
Key Responsibilities :
1. Financial Accounting & Reporting
- Prepare and present accurate monthly, quarterly, and annual financial statements for all properties.
- Consolidate financials for management and ensure timely submission of MIS reports (P&L, Balance Sheet, Cash Flow, KPIs).
- Oversee monthly closing, budgeting, forecasting, and variance analysis to aid strategic decision-making.
2. Funding & Financial Strategy
Identify funding requirements for expansion, renovation, and operational activities.Liaise with banks, investors, and financial institutions for loans, credit lines, and funding opportunities.Develop financial models, ROI analyses, and investment proposals for new projects or strategic initiatives.Monitor cash flow and liquidity to ensure optimal utilization of funds and financial stability.3. Compliance, Audit & Internal Controls
Ensure adherence to all statutory compliances including GST, TDS, Income Tax, ROC filings, and related regulations.Coordinate with internal and external auditors and resolve audit observations promptly.Strengthen internal controls, risk management practices, and asset safeguarding processes.Conduct and review internal audits across departments (F&B, housekeeping, laundry, linen, etc.).Monitor procurement, stock management, and operational processes to minimize leakages, wastage, and fraud.Develop and enforce finance-related SOPs to ensure uniformity and compliance across all units.4. Team Leadership & Management
Lead, mentor, and manage a team of accountants and finance executives across multiple locations.Ensure effective collaboration with property managers and department heads for smooth financial operations.Conduct regular training on accounting standards, compliance requirements, and audit procedures.5. Systems & Process Optimization
Implement and manage ERP / accounting software across properties.Standardize reporting formats and accounting workflows for improved operational efficiency.Drive automation and data-driven decision-making through technology adoption.Key Skills & Competencies :
Strong knowledge of financial reporting, budgeting, taxation, and audit management.Proven experience in hospitality finance (hotels, hostels, or F&B chains).Expertise in Tally ERP, Oracle, or Hotel PMS systems.Strong analytical mindset with strategic and problem-solving abilities.Excellent communication, leadership, and stakeholder management skills.Qualifications & Experience :
Chartered Accountant (CA) or equivalent professional qualification (mandatory).3-5 years of progressive experience in Finance & Accounting, preferably within the hospitality industry.Proven experience in managing multi-property operations, funding, financial planning, and internal audits.(ref : iimjobs.com)