Finance Controller - Hotel Industry - CA

Detailed JD for Unit Finance Controller :

Job Title : Unit Finance Controller

Qualification : CA.

Job Definition: To administer, control and develop the accounting function of the Hotel on the basis of the uniform system of accounts and to protect the Owner's interest in the hotel assets & operations. To provide accurate and complete financial and management reports on a timely basis to the hotel managerial personnel, FPHL Corporate office and Owners in accordance with the company and Ownership reporting requirement.

Duties and Responsibilities:

- Manage the Hotels accounting and control.

- Timely processing review evaluation and approval of all inputs which will result in the production and distribution of monthly financial statements and reports / GMML including review / preparation of all account analysis on a monthly basis.

- Coordinate, finalize and submit periodic ( 3 month outlook ) forecasts of operating results

- Prepare and analyse the monthly cash flow statement and forecasts.

- Implement and administer internal control systems policies and procedures in compliance with corporate policies to ensure that the company and owners interest in the property and business are safeguarded.

- Review and approve all purchase commitments cash disbursements rebates allowances and accounting adjustments in conjunction with General Manager, in compliance with internal control policy and budgetary guidelines.

- Complete the fiscal year end audit working papers and manage the external audit.

- Certifying the TDS certificate and filling all returns as per income tax act

- Renewal of all licenses related to Hotel business as per Law.

- Finalising the annual contract with supplier.

- Monitor compliance of agreement between FPHL and Owner.

- Monitor and ensure statuary compliance of states.

- Periodical visits to the Banks/Excise Office/Sales Tax office and maintaining good liaison with them

- Manage the Hotels working capital to maximize cash inflows and minimize cash outflows to protect the interest of FPHL and owners without compromising product quality.