Manager Finance and Accounts (Mumbai)

Manager Finance and Accounts (Mumbai)

13 Aug
|
Hector and Streak Consulting
|
Mumbai

13 Aug

Hector and Streak Consulting

Mumbai

Position :

The Manager Finance & Accounts will be responsible for managing financial operations, ensuring regulatory compliance, overseeing accounting processes, and supporting strategic financial planning for the hotel development business. The role requires solid expertise in hospitality finance, project accounting, and financial controls.

Key Responsibilities

1. Financial Accounting & Reporting

Oversee day-to-day accounting operations including GL, AP, AR, and fixed assets

Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements

Manage consolidation of accounts for multiple hotel properties/projects

Ensure compliance with applicable accounting standards (Ind AS / IFRS / GAAP)

2. Project & Development Finance

Monitor financial performance of hotel development projects

Track project budgets, capex, and cost overruns

Coordinate with project teams for financial planning and expenditure control

Assist in feasibility analysis and financial modelling for new hotel projects

3. Budgeting & Forecasting





Lead annual budgeting and periodic forecasting processes

Analyze variances between actuals and budgets and present actionable insights

Develop cost control mechanisms across hotel operations and projects

4. Compliance & Audit

Ensure compliance with statutory requirements (Income Tax, GST, Companies Act, etc.)

Liaise with external auditors, tax consultants, and regulatory authorities

Manage internal and external audits and ensure closure of audit observations

Maintain robust internal financial controls and SOPs

5. Treasury & Cash Flow Management

Manage cash flow planning, working capital, and fund utilization

Coordinate with banks/financial institutions for debt servicing and funding

Monitor liquidity requirements for ongoing and upcoming projects

6. MIS & Financial Analysis

Prepare MIS reports and dashboards for senior management

Conduct profitability and cost analysis across properties

Provide data-driven in

📌 Manager Finance and Accounts (Mumbai)
🏢 Hector and Streak Consulting
📍 Mumbai

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