Head of Finance & Accounts (Bengaluru)

Head of Finance & Accounts (Bengaluru)

17 Oct
|
Play Arena
|
Bengaluru

17 Oct

Play Arena

Bengaluru

Industry: Recreation, Entertainment, Hospitality, F&B; and Events

Experience: minimum 7 to 8 years handling Finance/Accounts

Compensation: ₹12–15 LPA (CTC)

Qualification: CA (with at list 2 years experience); CMA, MBA Finance or M.Com/B.com with strong relevant experience in Tally/Zoho may also be considered.

Reporting To: CFO / CEO / Managing Director

Job Summary: We are looking for an experienced hands-to Head Finance & Accounts for a multi-business operation comprising arcade games, sports courts, go-karting, F&B; outlets, bar operations, hotel and accommodation, and party and event hosting facilities.

The role will be responsible for end-to-end accounting, taxation, statutory compliance, budgeting, forecasting, cash flow management, consolidated MIS, departmental profitability, audit coordination, internal controls and finance team leadership.

Key Responsibilities

1. Finance Team Leadership: Lead and supervise the accounts and finance team, establish SOPs and internal controls, and ensure timely and accurate completion of all financial activities.
2. Accounting & Financial Reporting: Oversee day-to-day accounting, ledger scrutiny, bank and vendor reconciliations, monthly financial closure, financial statements, cash flow statements and Notes to Accounts.
3. GST & Statutory Compliance: Independently manage GST compliance, including ITC eligibility, blocked credits, reversals, GSTR-2B reconciliation and GST notices. Ensure compliance with TDS, EPF, Professional Tax and other applicable statutory requirements.
4. Audit & Taxation: Coordinate with statutory and tax auditors, consultants and tax authorities; manage notices,



submissions, assessments and audit observations.
5. Budgeting & Forecasting: Lead annual budgeting, periodic forecasting, capital expenditure planning and budget-versus-actual variance analysis, recommending corrective actions for significant deviations.
6. Cash Flow & Payment Planning: Prepare weekly cash flow forecasts and monthly cash flow statements, monitor working capital and liquidity, and plan vendor payments, payroll, statutory dues and other financial commitments.
7. Overall MIS & Departmental Profitability: Prepare weekly and monthly consolidated MIS and department-wise profitability reports covering all business verticals. Analyse revenue, direct costs, common overheads, contribution margins, operating profit and budget variances, identifying underperforming departments and improvement opportunities.
8. Operational & Cost Controls: Monitor revenue reconciliation, cash collections, POS and booking systems, inventory, F&B; and bar consumption, wastage, discounts, refunds and cost efficiency to minimise revenue leakage.
9. Cross-Functional Coordination: Work closely with operations, F&B;, bar, hotel, events, HR, procurement and IT teams to ensure financial discipline,



cost control and compliance with company policies and procedures.
10. Accounting Systems & Process Improvement: Ensure effective utilisation of Zoho Books, advanced Excel and relevant operational systems, with reliable reconciliations, standardised reporting and robust financial controls.

Required Skills & Experience

. 7-8 years of relevant experience in finance and accounting, with proven experience in leading a team.

- Strong practical knowledge of GST, particularly ITC eligibility, blocked credits, reversals, reconciliations and departmental notices.
- Hands-on experience in budgeting, forecasting, cash flow management and working capital control.
- Robust capability in consolidated MIS, departmental P&L;, profitability analysis and budget variance reporting.
- Practical knowledge of TDS, EPF, Professional Tax, audits and statutory compliance.
- Proficiency in Zoho Books and advanced Excel.
- Experience in hospitality, F&B;, hotels, amusement parks, entertainment or multi-unit operations will be preferred.
- Strong analytical, communication, problem-solving and stakeholder-management skills.

Key Performance Expectations

- Timely monthly financial closure and weekly/monthly MIS reporting.
- Accurate departmental profitability and budget-versus-actual analysis.
- Timely statutory filings and payments, with effective GST credit controls.
- Reliable cash flow forecasting and disciplined payment planning.
- Strong internal controls, audit readiness and adherence to company policies.
- Improved cost efficiency, financial transparency and business profitability.

📌 Head of Finance & Accounts (Bengaluru)
🏢 Play Arena
📍 Bengaluru

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