Finance Controller - Hotel/Hospitality - CA

Treasury :

- Overseeing the process, monitoring and approval of all Payables

- Develop cash position report comprising of forecasting every week cash receipts plus disbursements

- Dealing with Banks and Financial Institution for day to day matters besides providing all necessary support with the preparation of documents pertaining to all short-term and long-term credit facilities

- Coordination with Businesses & HSBC to arrange Bank Guarantee's

- Manage Corporate Card and ACH Debits

- Ensure timely renewal of credit facilities limits

- Coordination with Insurance Agent & providing data for renewal of insurance policies & issue of fresh policies

- Optimisation of available cash by creating short term Fixed Deposits

Taxation :

- Oversee Filing of IT returns and attending tax authorities for assessments

- Compliance with all statutory Matters i.e. Income tax, GST, Transfer pricing etc.

- Provide technical and managerial information to the organization i.e. Applicability of GST, TDS etc.

- Attending GST authorities for inquiries & assessments

MIS Reporting & Analysis :

- Monitor Actuals with Budgets and variances analysis with reasoning

- Oversee & review of monthly financial results of Megabite and CRCL

- Oversee & review of monthly group review presentation

Group Reporting :

- Review of monthly Financial Performance for all the three entities and timely submission to the Group

- Responsible for reporting of Non recurring Items to the Group

- Providing clarification / explanation on Financial Performance & attending Group's queries on monthly Financial Performance

- MTD & YTD reporting of cash flows to the Group

- MTD & YTD reporting of Capex spend to the Group

- Reporting of Pending Claim & Litigation

- Adherence to Group's Reporting & Compliance (GRC) Tool i.e. Providing data on internal control and Fraud & Risk mapping, Filling questionnaire on Internal Control and Fraud & Risk Analysis

Business Plan/Budget & Projection :

- Oversee & review of Business plan/Budget/Forecast

- Responsible for preparation of Cash Forecast for submission to the Group

- Oversee & review of Elior Corporate Cost for Business plan/Budget/Forecast

Audit :

- Responsible for preparation of Annual Statutory Accounts

- Interface with the Statutory and Tax auditor as a focal point for efficient management of the Statutory & Tax Audits

- Oversee the Completion of the Statutory & Tax Audit as per the Audit programs

- Overall supervision of the company's day to day functioning of the Accounts and Finance functions including MIS, Audit, Taxation, Corporate affairs, etc in compliance with the Indian Accounting Standards

RBI & FEMA Compliances :

- Providing Information to Independent Valuer & coordinate to arrange valuation report for Capital Contributions

- Preparation & Filling of FDI Forms to bank for in turn submission to RBI

- Attending HSBC queries & Coordinate with them to ensure timely submission of Forms to RBI

- Attending FDI queries & representation before RBI

SAP Implementation & Reporting :

- Coordination with SAP team to solve transaction & support issues

- Providing reporting logics to get Customised Reports from SAP

- Coordinating with SAP team for implementation of FA Module

- Coordinating with HSBC & SAP team to get the auto BRS updated in SAP

Others :

- Develop best practice financial accounting and control procedures and continually review the process and procedures to maximize impact and efficiency

- Assist Heads of the Department to improve their financial awareness and provide them with relevant financial information for their operations

- Providing information to the top management on need basis and support CFO on timely compliances and reporting

- Developing and implementation of suitable internal control systems in the department

Requirements :

Qualification : CA is a MUST

Experience : 10+ years

Industry : Worked in any industry, preferably Non- IT ( if possible from corporate office of large hotel groups)

- Managing teams- around 4-5 people

- Currently working in DGM capacity or any senior mid- level role, should have exposure to working with the headquarters/ group for reporting, etc.

- Should be from Bangalore

- Excellent communication skills

- Will work closely with the entity finance heads

- Should have knowledge on all aspects of finance- AR, AP, treasury, taxation, compliances, financial reporting, analysis, MIS, etc.

Budget : INR 35-36 lacs/ annum