Summary
- Ensures that each section of the Accounting and Finance Department is managed efficiently, maximising utilisation of technology.
- Ensures that the physical inventories of all supplies and operating equipment are being taken on a monthly and a biannual basis respectively.
- Implements all necessary control in order to safeguard the assets of the hotel and to maintain records for the fixed assets, operating equipment, supplies and inventories.
- Reviews the reports compiled by Cost Auditor and liaises with the Materials Manager to ensure proper procedures and control of inventories.
- Knows all terms and conditions of the management agreement and ensures that they are adhered to.
- Monitors requirements set out in the management agreement checklist.
- Keeps and safeguards all contracts, leases, insurance policies and all legal and financial documents.
- Obtains the requisite licenses for foreign exchange dealing, imports, liquor, tobacco, and entertainment and so forth from the appropriate regulatory authorities.
- Administers Hyatt and local insurance matters in conjunction with Hyatt International’s and locally appointed insurance agents.
- Liaises with Hyatt International’s and hotel appointed legal consultants for all legal matters.
- Administers the Information Systems section and ensures that the hotel computer system and its software are fully utilised, well safeguarded, properly maintained and all licenses are up-to-date.
- Administers credit and collection procedures that have been established by the General Manager with the concurrence of the area / corporate offices.
- Liaises with both internal and external auditors in compliance with the hotel requirements.
- Assists the General Manager in the compilation of all the department’s written policies and procedures into the hotel’s own in-house policy manuals.
- Signs bank checks jointly with the General Manager of those banks designated by the area office and the Owning Company.
- Signs all contrac
📌 Director of Finance (Bengaluru)
🏢 Hyatt Centric Whitefield Bangalore
📍 Bengaluru
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