Job Description – Finance Manager (Hotel Industry)

Company: Hotel / Hospitality Industry
Job Title: Finance Manager
Department: Finance & Accounts
Industry: Hotels, Hospitality & Resorts
Job Location: Bengaluru, Karnataka
Experience: 5–10 Years
Employment Type: Full-Time
Reporting To: General Manager / Director / Management

Job Summary

We are looking for an experienced and detail-oriented Finance Manager to oversee the financial operations of our hotel, including accounting, budgeting, financial planning, cash flow management, taxation, statutory compliance, and financial reporting.

The ideal candidate should have strong knowledge of hotel finance operations, revenue monitoring, cost control, inventory accounting, payroll coordination, and financial analysis. The candidate will be responsible for maintaining financial accuracy, improving profitability, controlling operational expenses, and ensuring compliance with applicable statutory requirements.

Key Responsibilities

- Manage the overall finance and accounting operations of the hotel.
- Prepare annual budgets, financial forecasts, and business plans.
- Monitor daily revenue generated from rooms, restaurants, banquets, events, and other hotel services.
- Review daily sales reports, revenue summaries, cash collections, and payment settlements.
- Monitor accounts payable, accounts receivable, general ledger, and bank reconciliations.
- Manage cash flow, working capital, fund utilization, and financial planning.
- Prepare monthly, quarterly, and annual financial statements and MIS reports.
- Analyze hotel operating expenses and implement effective cost-control measures.
- Monitor food and beverage costs, room operating costs, inventory consumption, and departmental profitability.
- Coordinate with the Front Office, Food & Beverage, Purchase, Stores, Housekeeping, HR, and Operations teams.
- Verify purchase invoices, vendor payments, expense claims, and supporting documents.
- Ensure accurate accounting of room revenue, restaurant sales, banquet income, discounts, refunds, and complimentary services.




- Monitor inventory valuation, stock reconciliation, wastage, and pilferage control in coordination with the concerned departments.
- Manage GST, TDS, TCS where applicable, income tax, and other relevant statutory compliances.
- Coordinate with external auditors, tax consultants, banks, and statutory authorities.
- Ensure timely preparation and filing of applicable statutory returns and financial records.
- Supervise payroll accounting, salary payments, employee reimbursements, and statutory payroll deductions in coordination with HR.
- Establish internal financial controls and ensure compliance with company policies.
- Identify financial risks, discrepancies, revenue leakages, and opportunities for cost optimization.
- Lead and supervise the Finance & Accounts team and ensure timely completion of assigned tasks.
- Present financial performance, budget variances, profitability analysis, and recommendations to management.
- Maintain proper financial documentation and ensure audit readiness.

Required Skills

- Hotel Finance & Accounting
- Financial Planning and Budgeting
- Cash Flow and Fund Management
- Revenue and Cost Control
- Hotel MIS Reporting
- GST, TDS and Statutory Compliance
- Accounts Payable and Receivable
- Bank Reconciliation
- Inventory and Food Cost Control
- Financial Analysis and Profitability Reporting
- Internal Audit and Financial Controls
- Team Management and Leadership
- Vendor Management
- Advanced MS Excel
- Knowledge of hotel accounting software and ERP systems

Educational Qualification

- Bachelor's degree in Commerce, Accounting, Finance, or a related field.
- MBA Finance, M.Com, CA Inter, or CA qualification will be an added advantage.





Experience Requirements

- 5–10 years of relevant experience in finance and accounting.
- Prior experience in the hotel, hospitality, resort, or restaurant industry is preferred.
- Experience in managing hotel revenue, departmental costs, budgeting, statutory compliance, and financial reporting.
- Previous experience leading a Finance & Accounts team will be preferred.

Preferred Candidate Profile

- Strong analytical and numerical skills.
- High level of accuracy, integrity, and financial discipline.
- Excellent leadership and communication skills.
- Ability to manage multiple financial activities and deadlines.
- Robust decision-making and problem-solving abilities.
- Capable of identifying cost-saving opportunities and improving profitability.
- Ability to coordinate effectively with hotel management and operational departments.
- Strong knowledge of financial controls, accounting procedures, and statutory requirements.

Key Performance Indicators (KPIs)

- Accuracy and timeliness of financial reports.
- Budget adherence and expense control.
- Improvement in operating profitability.
- Accuracy of daily revenue reconciliation.
- Timely vendor payments and collection of receivables.
- Cash flow and working capital management.
- Food and beverage cost control, where applicable.
- Inventory variance and wastage reduction.
- Timely statutory filings and tax compliance.
- Audit observations and resolution of discrepancies.
- Timely closure of monthly accounts.

Salary

Market-competitive salary based on experience, qualifications, and industry knowledge.

Interested candidates with relevant hotel finance experience and strong financial management skills are encouraged to apply.

Work Location:
3J5G+HJR 2nd Cross Road Manyata Tech Park gate, no 5, exit, Rachenahalli, Thanisandra, Bengaluru, Karnataka 560077

Pay: ₹40,000.00 - ₹80,000.00 per month

Benefits:

- Cell phone reimbursement
- Food provided
- Paid sick time
- Paid time off
- Provident Fund

Work Location: In person

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