Posted by
Posted in
Banking & Finance
Job Code
1690543

Finance Manager Hospitality (Hotels & Restaurants). We are seeking a highly skilled and result-oriented Finance Manager with strong experience in the hospitality industry (hotels/restaurants).
The ideal candidate will be responsible for managing the financial health of the business, ensuring compliance, and driving profitability through effective financial planning and analysis.
Key Responsibilities:
- Develop and implement financial strategies, budgets, and forecasts.
- Analyze financial performance and provide actionable insights to management.
- Conduct variance analysis and recommend corrective actions.
Accounting & Reporting:
- Oversee preparation of monthly, quarterly, and annual financial statements.
- Ensure accuracy and timely closure of books of accounts.
- Maintain proper accounting records in line with regulatory standards.
Cost Control & Profitability:
- Monitor operational costs, food cost, and overheads.
- Implement cost-control measures to improve margins.
- Track revenue streams and suggest improvements for profitability.
Compliance & Audits:
- Ensure compliance with all statutory requirements (GST, TDS, Income Tax, etc.).
- Coordinate with internal and external auditors.
- Handle financial audits and ensure timely closure of audit observations.
Cash Flow & Treasury Management:
- Manage cash flow, working capital, and fund allocation.
- Optimize cash utilization and ensure liquidity for operations.
Team & Stakeholder Management:
- Lead and mentor the finance and accounts team.
- Collaborate with operations, procurement, and senior management.
- Support decision-making with financial insights and reports.
Key Requirements:
- Experience: Minimum 5+ years in hotels, restaurants, or hospitality sector.
- Strong understanding of hospitality financial operations and cost structures.
- Proficiency in accounting software and MS Excel.
- Excellent analytical, communication, and leadership skills.
- Ability to work in a fast-paced and dynamic environment.
What We Offer:
- Exposure to strategic financial decision-making.
- Competitive salary and growth opportunities.
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Posted by
Posted in
Banking & Finance
Job Code
1690543