Finance Executive

Fairmont Hotels Resorts

1 - 2 years

7 - 11 Lacs

mumbai

Posted:-1 days ago| Platform:

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Skills Required

change management costing excise sales assistant director income auditor reconciliation cash flow operations cost

Work Mode

Work from Office

Job Type

Full Time

Job Description

Change Management Generates activity and seeks new challenges to improve work performance; Demonstrate an optimistic outlook and recovers quickly from failure.
Commercial Awareness Shows awareness of markets and ensures up-to-date knowledge of competitive environment; Demonstrates an awareness of new business opportunities and seizes and acts upon them; Is aware of financial issues such as revenue enhancement, costs, profits / losses cash flow etc; Identifies opportunities to ensure sustainable profit growth is achieved through implementing cost-effective methods.
Decision Making Makes sound decisions quickly under pressure; Takes calculated risks based on adequate information and analysis; Makes a rational, balanced judgments on the basis of available information.
Organisation Savvy Maintains awareness of organizational structure and goals; Accurately identifies and effectively presents the key points of an argument; Promotes ideas; Establishes links with people within and outside the business and uses this network for the organisation s advantage.
Problem Solving Reconciles conflict and probes for information for more in-depth relevant information for decision-making; Analyses numerical data and relevant sources of information in order to draw appropriate conclusions and check facts to establish causes and effects; Produces new ideas and a rang of solutions to meet the demands of the situation.
Strategic Orientation Selects the most appropriate tactic(s) from a range of alternatives and conveys the plan to others; Sets organizational strategy in line with organizational vision and uses multiple, relevant resources to achieve objectives; Negotiates with a variety of approaches.

Main Duties and Scope of Role:

F&B Controls

To verify duty meals and entertainment checks in line with hotel laid down procedures and prepare a daily audit report for approval of FC, Director of F & B and General Manager.
Verify daily void checks report and prepare for approval of FC, Director of F & B and General Manager.
Perform daily and monthly food and beverage sales reconciliation against POS Sales report and ensure all deviations are explained by concerned department head.
Perform daily BEO Audit and highlight the deviations to Financial Controller and Director of Sales and Marketing.
Coordinate closely with Chef for obtaining all Inter departmental transfers.
To manage the hotel monthly inventory process in the strict respect of the hotel policies
To supervise the daily receiving and storekeeping activities.
To ensure that all goods movements in/out the hotel and stores are accounted for and properly supported
To ensure the implementation of and compliance with all prevailing cost control policies and procedures by all departments.
To prepare and issue various cost reports.
Ensure all recipes are updated in the system and maintain records of all recipes then approve for new menu creation.
Monitor liquor Inventory on daily basis and conduct surprise audits.
Ensure all cost is allocated appropriately.
Responsible for asking wastage/shrinkage reports from various operational departments.
Maintain all Excise Records as per local law requirement.
To report on the daily and monthly F&B costs with emphasis and detailed analysis on exceptional variances, trend of cost of sales ratios, slow moving items, breakage & loss, etc
Monitor Mini Bar stocks, consumption vs revenue.
Conduct buffet costing on regular intervals.

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