- Oversee all financial transactions and accounting activities of the hotel.

- Maintain accurate books of accounts, ledgers, journals, and financial records.

- Prepare monthly, quarterly, and annual financial statements.

- Monitor the hotel's income, expenses, cash flow, and profitability.

- Prepare annual budgets in coordination with the General Manager and department heads.

- Monitor actual financial performance against budgeted targets.

- Analyse revenue, operating expenses, and departmental profitability.

- Identify opportunities to increase revenue and reduce unnecessary expenses.

- Supervise daily revenue audits for Front Office, Food & Beverage, Banquets, and other revenue-generating departments.

- Verify room revenue, restaurant sales, banquet bills, discounts, and complimentary services.

- Ensure all guest bills are accurate and properly accounted for.

- Reconcile daily revenue reports with the Property Management System (PMS), Point of Sale (POS), and accounting records.

- Investigate discrepancies in revenue and take corrective action.

- Monitor food costs, beverage costs, payroll costs, and operating expenses.

- Coordinate with the Cost Controller, Purchase Department, Stores, Kitchen, and F&B; teams.

- Verify purchase orders, supplier invoices, goods received notes, and payment requests.

- Monitor inventory levels and conduct periodic stock audits.

- Prevent wastage, pilferage, fraud, and unnecessary expenditure.

- Supervise supplier payments and ensure timely settlement of outstanding invoices.

- Monitor corporate guest accounts, travel agent payments, credit customers, and company billing.

- Follow up on overdue payments and outstanding balances.

- Verify credit approvals and ensure proper documentation.

- Maintain accurate supplier and customer account reconciliations.

- Monitor daily cash collections, cash deposits, and bank transactions.





- Reconcile bank statements and cash balances.

- Ensure proper cash-handling procedures and internal controls.

- Monitor petty cash transactions and imprest balances.

- Prepare short-term cash flow reports to meet the hotel's financial obligations.

- Ensure timely GST returns, TDS deductions and returns, and other applicable statutory filings.

- Coordinate with auditors, tax consultants, and government authorities.

- Ensure compliance with applicable accounting standards and financial regulations.

- Maintain tax invoices, supporting documents, and statutory records.

- Assist in internal audits, statutory audits, and tax assessments.

- Verify payroll calculations, attendance records, overtime, incentives, and deductions.

- Coordinate with HR to ensure accurate salary processing.

- Monitor manpower costs against approved budgets.

- Ensure applicable PF, ESI, qualified tax, and other statutory contributions are handled correctly.

- Establish and monitor financial policies and standard operating procedures.

- Ensure proper authorisation for purchases, discounts, refunds, and payments.

- Conduct periodic financial checks and surprise cash audits.

- Identify financial risks and implement preventive measures.

- Maintain segregation of duties and accountability across departments.

- Submit daily, weekly, and monthly financial reports to the General Manager and management.

- Prepare profit and loss statements, balance sheets, and cash flow reports.

- Analyse departmental revenue, operating costs, and profit margins.

- Attend management meetings and provide financial recommendations.

- Support business decisions related to pricing, investment, expansion, and cost optimisation.

Pay: ₹30,000.00 - ₹35,000.00 per month

Application Question(s)

- Experience in a Star hotel is preferred.

Education

- Master's (Preferred)

Experience

- 10YEARS: 5 years (Preferred)

Work Location: In person

📌 Finance Manager (West Fort)
🏢 PLANET ASHOKA
📍 West Fort