Role Purpose
To lead the complete Finance & Accounts function of the hotel, partnering closely with the General Manager and Corporate Finance team to ensure strong financial control, profitability, statutory compliance and overall business performance.
Key Responsibilities
- Take complete ownership of the hotel's Finance & Accounts function.
- Manage monthly and annual financial closing, including Balance Sheet finalization.
- Prepare and review P&L, Balance Sheet, Cash Flow, MIS and management reports.
- Lead annual budgeting, forecasting and variance analysis.
- Partner with the General Manager and department heads for regular financial and business reviews.
- Drive revenue growth, GOP/profitability, cost control and working-capital management.
- Oversee Accounts Payable, Accounts Receivable, General Ledger, banking, treasury and reconciliations.
- Ensure strong financial controls around F&B cost, inventory, procurement, operational expenses and revenue assurance.
- Manage statutory, internal and external audits and ensure timely closure of audit observations.
- Ensure compliance with Ind AS, GST, TDS, taxation and other applicable statutory requirements.
- Maintain strong hands-on knowledge of SAP/ERP and MIS reporting systems.
- Establish and monitor robust internal financial controls in line with corporate SOPs.
- Lead, mentor and develop the hotel Finance team.
- Act as a strategic business partner to the Hotel GM by providing insights on pricing, margins, costs, Capex and profitability improvement.
Ideal Candidate Profile
- CA preferred; candidates with strong equivalent finance qualifications may also be considered.
- 8–12+ years of relevant experience, preferably with substantial experience in 4-star/5-star or luxury hotels.
- Current or recent experience as a Financial Controller, Finance Head, Director – Finance or equivalent unit-level finance leader.
- Strong understanding of hotel finance, including Rooms, F&B revenue, inventory, food cost, daily revenue controls and property-level profitability.
- Strong experience in financial closing, Balance Sheet, MIS, budgeting, forecasting, audits and statutory compliance.
- Hands-on experience with SAP/ERP and financial reporting systems.
- Strong leadership, analytical and business partnering skills.