Assistant Manager - Finance (Delhi)

Assistant Manager - Finance (Delhi)

15 Oct
|
Espire Hospitality
|
Delhi

15 Oct

Espire Hospitality

Delhi

Position: Assistant Manager – Finance
Department: Finance & Accounts
Location: Espire Hospitality – Corporate Office, New Delhi
Reporting To: Manager / Senior Manager – Finance
Industry: Hospitality / Hotels

About Espire Hospitality

Espire Hospitality is a hospitality-focused group with interests in hotels, resorts, and hospitality development. The Corporate Office Finance team supports the group's properties and corporate functions through financial reporting, accounting, compliance, budgeting, and financial controls.

Position Overview

We are looking for a detail-oriented and technically sound Assistant Manager – Finance to join our Corporate Finance team. The role will be responsible for supporting day-to-day accounting operations, financial reporting, reconciliations, statutory compliance, and coordination with hotel units and internal stakeholders.

The ideal candidate should have strong knowledge of accounting principles, financial controls, taxation, and MIS, preferably with experience in the hospitality/hotel industry.

Key Responsibilities1. Financial Accounting & Reporting

- Manage and review day-to-day accounting activities and ensure accurate recording of financial transactions.
- Assist in preparation of monthly, quarterly, and annual financial statements and management reports.
- Ensure timely closure of monthly books of accounts.
- Review general ledger, journal entries, provisions, accruals, and expense postings.
- Conduct regular ledger scrutiny and ensure proper accounting classification.

2. Accounts Payable & Receivables

- Monitor accounts payable and receivable activities.
- Review vendor invoices, supporting documents, and payment requests.
- Ensure timely vendor reconciliation and resolution of outstanding items.
- Monitor receivables and follow up with relevant stakeholders for outstanding collections.
- Support inter-unit and inter-company reconciliations.

3. Bank & Balance Sheet Reconciliation

- Prepare and review bank reconciliations.
- Conduct balance sheet reconciliations and investigate discrepancies.
- Ensure timely clearance of outstanding reconciling items.
- Maintain proper documentation and audit trails for financial transactions.

4.



MIS & Management Reporting

- Prepare periodic financial MIS and operational reports for management review.
- Assist in preparation of revenue, expense, profitability, and variance analysis.
- Track actual performance against budgets and identify significant deviations.
- Provide financial data and analysis to support management decision-making.

5. Taxation & Statutory Compliance

- Assist in GST, TDS, and other applicable statutory compliance activities.
- Coordinate with internal and external consultants for tax-related matters.
- Ensure timely submission of required information and supporting documents.
- Maintain proper records for statutory requirements and audits.

6. Audit & Internal Controls

- Coordinate with internal and external auditors and provide required schedules and documents.
- Assist in ensuring compliance with company policies, accounting standards, and internal financial controls.
- Identify accounting discrepancies and control gaps and support corrective actions.
- Maintain proper documentation for audit and compliance purposes.

7. Budgeting & Forecasting

- Support the annual budgeting and forecasting process.
- Coordinate with hotel units and relevant departments for budget inputs.
- Assist in monitoring budget versus actual performance.
- Prepare variance analysis and highlight key financial deviations.

8. Corporate & Hotel Finance Coordination

- Coordinate with finance teams across hotel properties for timely submission of financial data and reports.
- Ensure consistency in accounting practices and reporting formats across units.
- Support corporate finance initiatives and other financial projects as assigned.

Key Skills & Competencies

- Strong knowledge of accounting principles and financial reporting.
- Good understanding of GST, TDS,



and statutory compliance.
- Strong analytical and reconciliation skills.
- Proficiency in MS Excel and financial reporting/MIS.
- Good understanding of ERP/accounting systems.
- Strong attention to detail and numerical accuracy.
- Good communication and stakeholder management skills.
- Ability to manage multiple priorities and meet reporting deadlines.
- Strong problem-solving and analytical approach.

Education & Experience

Qualification:

- Bachelor's degree in Commerce / Finance / Accounting.
- CA Inter / CMA Inter / MBA Finance would be an added advantage.

Experience:

- 4–7 years of relevant experience in Finance & Accounts.
- Candidates with hospitality/hotel industry experience will be preferred.
- Experience in a corporate finance environment and/or multi-property hospitality setup will be an advantage.

Preferred Candidate Profile

- Experience with hotel accounting and hospitality finance processes.
- Hands-on experience in month-end closing and financial reporting.
- Strong Excel and MIS capabilities.
- Good understanding of statutory compliances.
- Ability to coordinate effectively with multiple hotel units and corporate stakeholders.
- Robust ownership, integrity, and attention to detail.

Key Performance Indicators (KPIs)

- Timely and accurate monthly financial closure.
- Accuracy of financial reports and MIS.
- Timely completion of reconciliations.
- Statutory compliance within defined timelines.
- Reduction of outstanding reconciliation items.
- Accuracy and timeliness of audit schedules and submissions.
- Effective budget versus actual monitoring.

Location: Espire Hospitality Corporate Office, Recent Delhi
Employment Type: Full-Time
Department: Finance & Accounts

Pay: ₹40,000.00 - ₹60,000.00 per month

Perks:

- Food provided
- Health insurance
- Life insurance
- Provident Fund

Application Question(s):

- What is your current Salary?
- What is your expected Salary?
- What is your Notice Period?
- Do you have experince in Hotels, finance department?

Experience:

- Hospitality Finance: 6 years (Required)

Location:

- Delhi (Required)

Work Location: In person

📌 Assistant Manager - Finance (Delhi)
🏢 Espire Hospitality
📍 Delhi

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