Hotel accountant

Urgent requirement for Accounts depart

Sector - Hotel & Resort

Experience - Min 4 to 5 years in hotel accountant position

Knowledge - Tally & ids software

Key Responsibility Areas include:

• Financial Reporting: Preparing and analyzing accurate monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow statements.
• Budgeting and Forecasting: Assisting in the development of the hotel's annual budget, monitoring departmental performance against the budget, conducting variance analysis, and preparing financial forecasts.
• General Ledger and Reconciliation: Managing the general ledger and performing timely reconciliations of all accounts, including bank statements, accounts payable, and accounts receivable, to ensure accuracy.
• Accounts Payable and Receivable Management: Overseeing the processing of vendor invoices, ensuring timely payments to suppliers, and managing the collection of outstanding balances (city ledger accounts).
• Revenue and Expense Tracking: Implementing systems to accurately track all revenue streams (room sales, food & beverage, events, etc.) and monitoring operational costs and expenses.
• Tax and Regulatory Compliance: Ensuring compliance with all local, state, and federal tax regulations (e.g., sales taxes, occupancy taxes, income taxes) and preparing and filing tax returns accurately and on time.
• Internal Controls and Auditing: Implementing and maintaining effective internal controls to safeguard hotel assets, minimize financial risks, and coordinating with internal and external auditors during the audit process.
• Payroll Administration: Managing or assisting with payroll processing, including wage and salary calculations and ensuring correct tax deductions and timely payments.
• Financial Analysis and Decision Support: Providing management with insightful financial analysis, Key Performance Indicators (KPIs) like Occupancy Rate, ADR (Average Daily Rate), and RevPAR (Revenue Per Available Room), and data-driven recommendations for cost reduction and profit maximization.
• Inventory Management Support: Assisting with monthly audits of physical inventory (e.g., food, beverages, supplies) to ensure accurate records and cost control.

Interested candidates contact urgent basis .

Job Type: Full-time

Pay: ₹20,000.00 - ₹30,000.00 per month

Benefits:

• Food provided

Work Location: In person