18 Sep
|
King Group Hospitality
|
India
18 Sep
King Group Hospitality
India
Location: Mumbai (Andheri Sakinaka)
JOB PURPOSE
The Accounts Manager will be responsible for managing day-to-day accounting and financial operations across King Group Hospitality, ensuring accurate financial reporting, statutory compliance, effective cash-flow management and strong financial controls.
KEY RESPONSIBILITIES
1. Accounting & Financial Management
· Manage day-to-day accounting operations, including accounts payable, accounts receivable, general ledger and bank transactions.
· Ensure accurate and timely recording of all financial transactions.
· Prepare monthly, quarterly and annual financial statements.
· Monitor revenue, expenses, receivables, payables and cash flow.
· Conduct regular bank, ledger and balance-sheet reconciliations.
2. Hospitality / Restaurant Accounting
· Monitor daily sales and revenue reconciliation across India, UAE, Thailand, Bali restaurants and cloud kitchen along with HO.
· Reconcile POS, online delivery platforms, cash, card and digital payment collections.
· Verify outlet-wise expenses, purchases and inventory-related transactions.
· Monitor food cost, beverage cost and other operating expenses.
· Identify discrepancies and coordinate with operations for timely resolution.
3. Accounts Payable & Receivable
· Manage vendor invoices, payments and outstanding balances.
· Ensure timely customer billing and collection follow-ups.
· Maintain accurate vendor and customer ledgers.
· Review ageing reports and take corrective action on overdue receivables.
4. MIS & Management Reporting
· Prepare monthly MIS reports for management
· Provide outlet-wise profitability and financial analysis.
· Prepare budgets, forecasts and variance reports.
· Provide management with insights on revenue, costs, margins and financial performance.
5. Taxation & Statutory Compliance
· Ensure timely compliance with GST, TDS, Income Tax, PF, ESIC and other applicable statutory requirements.
· Coordinate with auditors, consultants and government authorities as required.
· Maintain complete documentation and records for audits and statutory requirements.
6. Audit & Internal Controls
· Coordinate internal and external audits.
· Ensure proper accounting documentation and supporting records.
· Strengthen financial controls and identify areas of financial risk.
· Implement processes to minimize errors, leakages and financial discrepancies.
QUALIFICATIONS & EXPERIENCE
· Bachelor’s degree in Commerce, Accounting or Finance.
· CA Inter / M.Com / MBA Finance will be an advantage.
· 8–10 years of relevant experience in Accounts & Finance.
· Experience in hospitality, restaurants, hotels, F&B; or multi-outlet businesses preferred.
· Strong knowledge of Indian accounting practices, GST and TDS.
· Proficiency in Tally / ERP accounting systems and MS Excel.
KEY COMPETENCIES
· Strong accounting and analytical skills
· Financial reporting and MIS
· Advanced MS Excel skills
· Vendor and receivables management
· Attention to detail and accuracy
· Problem-solving and decision-making
· Strong communication and coordination skills
· Integrity, confidentiality and ownership
· Ability to work independently and meet deadlines
KEY PERFORMANCE INDICATORS (KPIs)
· Accuracy and timeliness of financial reporting
· Timely statutory compliance
· Effective receivables and payable management
· Outlet-wise revenue and expense reconciliation
· Reduction in financial discrepancies and leakages
· Timely monthly closing
· Quality and accuracy of MIS reporting
· Effective cash-flow management and financial controls
IDEAL CANDIDATE
The ideal candidate will be a hands-on finance professional with strong accounting fundamentals and practical experience in the hospitality / F&B; industry, capable of managing accounting operations while providing meaningful financial insights to senior management.
Job Type: Full time
Pay: ₹500,000.00 - ₹600,000.00 per year
Application Question(s):
- Do you have restaurant industry experience? If yes, how many years?
Experience:
- Accounting: 9 years (Required)
Work Location: In person
📌 Manager Accounts (India)
🏢 King Group Hospitality
📍 India