Moustachescapes - Manager - Finance & Accounts

Description

Key Responsibilities

• Financial Accounting & Reporting
• Prepare and present accurate monthly, quarterly, and annual financial statements for all properties.
• Consolidate financials for management and ensure timely submission of MIS reports (P&L, Balance Sheet, Cash Flow, KPIs).
• Oversee monthly closing, budgeting, forecasting, and variance analysis to aid strategic decision-making.
• Funding & Financial Strategy
• Identify funding requirements for expansion, renovation, and operational activities.
• Liaise with banks, investors, and financial institutions for loans, credit lines, and funding opportunities.
• Develop financial models, ROI analyses, and investment proposals for new projects or strategic initiatives.
• Monitor cash flow and liquidity to ensure optimal utilization of funds and financial stability.
• Compliance, Audit & Internal Controls
• Ensure adherence to all statutory compliances including GST, TDS, Income Tax, ROC filings, and related regulations.
• Coordinate with internal and external auditors and resolve audit observations promptly.
• Strengthen internal controls, risk management practices, and asset safeguarding processes.
• Conduct and review internal audits across departments (F&B, housekeeping, laundry, linen, etc.).
• Monitor procurement, stock management, and operational processes to minimize leakages, wastage, and fraud.
• Develop and enforce finance-related SOPs to ensure uniformity and compliance across all units.
• Team Leadership & Management
• Lead, mentor, and manage a team of accountants and finance executives across multiple locations.
• Ensure effective collaboration with property managers and department heads for smooth financial operations.
• Conduct regular training on accounting standards, compliance requirements, and audit procedures.
• Systems & Process Optimization
• Implement and manage ERP / accounting software across properties.
• Standardize reporting formats and accounting workflows for improved operational efficiency.
• Drive automation and data-driven decision-making through technology adoption.
  

Key Skills & Competencies

• Strong knowledge of financial reporting, budgeting, taxation, and audit management.
• Proven experience in hospitality finance (hotels, hostels, or F&B chains).
• Expertise in Tally ERP, Oracle, or Hotel PMS systems.
• Strong analytical mindset with strategic and problem-solving abilities.
• Excellent communication, leadership, and stakeholder management skills.
  

Qualifications & Experience

• Chartered Accountant (CA) or equivalent professional qualification (mandatory).
• 3-5 years of progressive experience in Finance & Accounting, preferably within the hospitality industry.
• Proven experience in managing multi-property operations, funding, financial planning, and internal audits.