Finance Manager

ABOUT goSTOPS:

goSTOPS is India's premier backpacker hostel chain, providing vibrant, affordable stays and experiences to the youth traveler. With a rapidly expanding network across the country, we’re committed to making travel affordable, accessible, and unforgettable. Join us as we shape the future of travel for the next generation!

ROLE OVERVIEW:

The Manager – Operating Accounts (also known as the Finance Manager – Operations or FP&A Manager for Operations) is responsible for overseeing the financial performance and control of goSTOPS’ operational units. This role manages the preparation of comprehensive P&L statements, analyse with the operations team to drive profitability and cost efficiency at each property. The Manager – Operating Accounts provides insights to senior management on trends in revenue and expenses, ensuring that financial goals are met and identifying opportunities for improvement. This position plays a critical role in bridging the gap between finance and operations, ensuring accountability and financial discipline in the day-to-day running of the hostels.

KEY RESPONSIBILITIES:

1. Manage and maintain accurate accounting records using accounting software Preferrable Oracel Netsuite/SAP knowledge.
2. Handle end-to-end bookkeeping including accounts payable/receivable, general ledger, payroll, and bank reconciliations.
3. Manage and review the booking of provisions, prepaid expenses, and accruals.
4. Coordinate with branch finance teams to ensure timely submission of monthly invoices, supporting documentation, and accounting entries
5. Prepare and present accurate monthly, quarterly, and annual financial statements and reports to senior leadership
6. Review and verify imprest (petty cash) claims from branches to ensure policy compliance and proper documentation.
7. Provide financial support and analysis to business and operations teams
8. Ensure accurate maintenance of ledgers, journals, and other accounting records in accordance with accounting standards.
9. Oversee trade payables accounts, ensuring all transactions are recorded, reconciled, and reported in a timely manner.
10. Support statutory and internal audits by preparing and providing necessary reports and documentation.
11. Provide financial insights and support to the management team for better decision-making.
12. Ensure adherence to internal financial controls, accounting policies, and corporate governance standards.
13. Identify process gaps and inefficiencies in branch financial operations and recommend improvements.

QUALIFICATION AND CERTIFICATIONS:

Minimum Qualification - Bachelor’s or Master’s degree in Finance, Accounting, or Business. A professional certification ( B.com /MBA in Finance) is advantageous.

EXPERIENCE,SKILSS AND COMPETENCIES

1. 6–8 years of finance experience, including at least 3–4 years in a role involving financial planning & analysis, budgeting, or operations finance. Experience in the hospitality or similar service industry is strongly preferred.
2. Demonstrated ability to analyze complex financial data, draw insights, and communicate them clearly to stakeholders at various levels (from property managers to senior executives).
3. Strong leadership and project management skills – capable of driving the budgeting process, coordinating among multiple teams, and ensuring deadlines are met.
4. Excellent interpersonal skills, with a collaborative approach to work closely with cross-functional teams (operations, marketing, etc.) and influence decision-making through data..
5. Attention to detail combined with a big-picture outlook – able to ensure accuracy in financial reports while also understanding broader business trends and implications
6. Experience with PMS (Property Management System) data would be useful. Expertise in using accounting software or ERP systems for payables (such as Tally, SAP, or Microsoft Dynamics), including setting up workflows and generating AP reports.
7. High proficiency in MS Excel, including the ability to use advanced functions, pivot tables, and charts to analyze data and create clear reports.
8. Ability to manage multiple priorities and deadlines, especially during month-end or budget cycles, while maintaining accuracy and thoroughness.
9. Strong grounding in management accounting and financial analysis. Familiarity with hospitality accounting standards (such as the Uniform System of Accounts for the Lodging Industry) is an added advantage
10. Proactive, self-motivated attitude with a constant drive to improve existing processes and find innovative solutions to financial challenges.
11. A must be great team player, fostering collaboration and cooperation within their team and with other departments and within the team to complete the task within deadlines.

WHAT WE OFFER

1. Competitive salary as per industry standards
2. Opportunity to work in a rapidly growing hospitality startup and contribute to building robust financial processes.
3. A supportive and youthful work culture that encourages learning, innovation, and career growth.
4. The opportunity to shape the financial success of the company’s operations, directly influencing profitability and efficiency.