Manager - Closing & Reporting - CA

Description:

Manager Closing & Reporting

Industry: Hospitality / Hotel

Department: Finance & Accounts

Job Summary:

The Manager Closing & Reporting is responsible for overseeing month-end, quarter-end, and year-end closing activities and ensuring accurate, timely financial reporting for the hotel. This role ensures compliance with accounting standards, internal controls, and brand/ownership financial guidelines. The position requires strong analytical ability, attention to detail, and expertise in hotel financial operations.

Key Responsibilities:

Financial Closing & Reporting:

- Lead and manage the month-end and year-end closing processes for the hotel.

- Prepare and review P&L statements, balance sheets, cash flow statements, and variance reports.

- Ensure timely submission of financial results to corporate/ownership.

- Analyze financial performance and provide insights on revenue, expenses, and profitability.

- Review daily revenue reports, night audit summaries, and trial balances.

Accounting & Compliance:

- Ensure accuracy of all general ledger entries related to hotel operations.

- Maintain compliance with statutory regulations, internal SOPs, and brand financial policies.

- Work closely with internal and external auditors during financial audits.

- Ensure proper documentation and maintenance of financial records for audit readiness.

- Monitor internal controls and recommend improvements.

Coordination & Support:

- Collaborate with department heads (F&B, Rooms, Housekeeping, Engineering, HR) to gather financial data and validate expenses.

- Support budgeting, forecasting, and financial planning activities.

- Coordinate with procurement, stores, and cost control teams for reconciliations.

- Train and mentor finance team members in closing and reporting processes.

Systems & Tools:

- Manage and review data in PMS (Opera/Fidelio), POS systems, and accounting software (SAP/Oracle/IDS).

- Ensure integration accuracy between front-office and back-office systems.

- Generate reports using MIS tools and dashboards.

Qualifications & Experience:

- CA

- 58 years of experience in hotel financial accounting, with at least 2 years in a similar role.

- Strong understanding of hospitality financial statements

- Proficiency in PMS/POS systems and advanced Excel skills.

Key Skills:

- Strong analytical and reporting skills

- High attention to detail and accuracy

- Understanding of hotel operations

- Ability to meet tight deadlines

- Leadership and team management

- Excellent communication and coordination abilities