Posted By
Siddharth Bhardwaj
Manager - Talent Acquisition at The Lalit Suri Hospitality Group
Last Login: 03 February 2021
2924
JOB VIEWS
757
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736
RECRUITER ACTIONS
Posted in
Banking & Finance
Job Code
852171
Financial Controller - CA - (Hospitality Exp-CA Mandatory)
- Assists and provides financial guidance in the formulation and implementation of Strategic Plan, Budget and KPOs (Goals Program)
- Ensure an up to date cash flow projection is maintained and maximizes cash flow performance of the hotel through controls on inventory, credit and collection, disbursements, deposits and remittances
- Ensure excess cash is managed to maximize earning potential
- Prepares outlooks for forthcoming months and forecasts for the remainder of the year
- Prepares monthly position of actual results against budget, analyse results and recommend to Executive Committee measures required to meet budget
- Prepare consolidated quarterly position assessments for the General Manager
- Distributes outlook and forecast information as an up to date management tool for operating departments
- Implement and review financial controls and policies
- Analyse financial and management reports
- Design internal reporting systems required by the department and hotel
- Evaluate existing internal control measures that apply to accounting procedures and computer systems as per Policies and Procedures
- Employ adequate internal control procedures to ensure correct authorization for payment procedures
- Manage internal and external audits when they occur
- Provides administrative support to Management with reference to policy enforcement, business advice and operational assistance
- Identifies training needs, develops formal training plans and conducts training sessions for accounting and operational staff in coordination with other departments
- Identifies staff with potential for promotion and/or transfer within Accounting operation
- Obtains appropriate legal counsel regarding the business practices of the hotel and maintains an awareness of local laws, rules and regulations
- Provides safekeeping, including proper storage and access for all contracts, leases and other financial records
- Follows up on all capital expenditures to ensure compliance with original justification and approval
- Participates in local recognized professional and industry organizations
- Recommends and maintains appropriate list of delegation of authority for hotel management
- Conducts monthly inspections and tests to ensure all departments are complying with required procedures
- Performs those duties required by the controls checklist issued by CFO
- Reviews prices and recommends pricing strategy to the General Manager
- Implements and maintains acceptable accounting practices and procedures as required, generally accepted accounting practices, and as affected by local conditions
- Review of operating equipment stores to avoid unnecessary/excessive purchases and to eliminate (or at least be aware) of obsolete slow moving items
- Ensure all accounts are reconciled on monthly basis, review and approve those reconciliation
Human Resource Responsibilities :
- Works within the companys Human Resource framework to ensure the departmental performance of staff is productive. Duties include:
- Planning for future staffing needs
- Recruiting in line with company guidelines
- Preparing detailed induction programmes for new staff
- Maintaining a comprehensive, current and guest focused set of departmental standards and procedures and oversees their implementation
- Ensuring training needs analysis of Finance staff is carried out and training programmes are designed and implemented to meet needs
- Conducting probation and formal performance appraisal in line with company guidelines
- Maintaining up to date staff records and approves leave requests etc
- Coaching, counseling and disciplining staff, providing constructive feedback to enhance performance
- Regularly communicating with staff to maintain good relations
- Establish/maintain a succession plan
Occupational Health and Safety Responsibilities :
- Demonstrate Awareness of OH&S policies and procedures and ensure all procedures are conducted safely and within OH&S guidelines and ensure your direct reports do the same
- Be aware of duty of care and adhere to occupational, health and safety legislation, policies and procedures
- Be familiar with property safety, first aid and fire and emergency procedures and enforce these in your areas
- Initiate action to correct a hazardous situation and notify supervisors of potential dangers
- Ensure security incidents and accidents are logged, investigated and rectified to prevent future catastrophes
Key Competencies / Key Tasks :
- Understand and consider the global nature of the business
- Work effectively with colleagues from different viewpoints, cultures, and countries
- CA(Mandatory) with 10 - 15 years of post qualification experience in Preparation of annual statements of accounts, cash flows and other MIS Monthly statutory compliance, Filing of quarterly/six monthly returns for TDS/GST, Liaising with Banks etc.
- The candidate should have experience of managing finance function in Hospitality industry.
- Ensuring the adherence by the entire internal department to the defined processes and policies. Additional controller duties as necessary
- Well-developed leadership skills
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Posted By
Siddharth Bhardwaj
Manager - Talent Acquisition at The Lalit Suri Hospitality Group
Last Login: 03 February 2021
2924
JOB VIEWS
757
APPLICATIONS
736
RECRUITER ACTIONS
Posted in
Banking & Finance
Job Code
852171