Finance Manager

7 years

0 Lacs

Posted:1 day ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Organization- Andaz Delhi

Summary

Operational

  • Ensure the Accounting and Finance Department is managed efficiently, maximizing the use of systems and technology.
  • Review all Purchase Requests to confirm appropriate chart of account codes are used.
  • Handle valuable Lost & Found items in coordination with Security and ensure compliance with police submission procedures.
  • Maintain and program hotel Master Keys, generate key movement reports for investigation, and back up historical key data regularly.
  • Monitor and liaise with insurance brokers regarding claims.
  • Participate in monthly Financial Review and Credit Meetings.

Administrative

  • Align departmental activities with Corporate Finance strategy and ensure timely implementation of hotel-specific actions.
  • Assist in preparing and updating the Finance and Information Systems Departmental Operations Manuals.
  • Ensure compliance with all Company, Hotel, and statutory Finance Policies and Procedures.
  • Ensure adherence to government-stipulated employee, tax, and labor legislations.
  • Conduct regular departmental communication meetings to enhance alignment and engagement.
  • Maintain an organized, up-to-date filing system for all financial records.
  • Review incoming and outgoing Accounts Receivable correspondences to ensure accuracy and timely follow-up.
  • Compile and submit accurate Corporate, Regional, Hotel, and statutory financial reports within deadlines.
  • Monitor and ensure timely renewal of hotel licenses and insurance policies.

Financial

  • Assist in preparing the annual Finance Business Plan, ensuring divisional objectives support overall hotel goals.
  • Collaborate with the Director of Finance to prepare and update the departmental budget, ensuring cost control and achievement of financial targets.
  • Maximize employee productivity through multi-skilling, multi-tasking, and flexible scheduling aligned with business and guest needs.
  • Drive productivity improvements while prudently managing payroll, utility, and other costs within approved guidelines.
  • Ensure adoption of new technologies and systems that enhance productivity and streamline financial operations.

Other Duties

  • Attend and actively contribute to training sessions, departmental and management meetings as required.
  • Maintain strong knowledge of statutory tax legislation, labor relations, and compliance requirements.
  • Foster professional relationships with competitor hotels, business partners, and relevant external organizations.
  • Ensure adherence to the hotel’s policies on IT resources, fire safety, hygiene, health, and security.
  • Uphold high standards of personal grooming, professional presentation, and responsible conduct.
  • Adapt to changes in the Accounting function in line with industry, company, and hotel requirements.
  • Carry out any other duties as assigned by management.

Qualifications

Requirements

  • Bachelor’s degree in Finance, Accounting, or a related field; professional certifications preferred.
  • Minimum 5–7 years of progressive finance/accounting experience, with at least 2 years as managerial role, ideally in hospitality.
  • Strong knowledge of accounting standards, tax laws, and financial compliance.
  • Proven experience in budgeting, forecasting, financial planning, and reporting.
  • Excellent leadership, communication, and interpersonal skills.
  • Strong analytical, problem-solving, and decision-making abilities.
  • Proficiency in financial systems, hotel property management systems, and advanced MS Excel.
  • Ability to manage multiple priorities, work under pressure, and meet strict deadlines.

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