Finance Executive
1 week ago
Hiring for a bighotel chain industry With a commitment to excellence and guestsatisfaction we are dedicated to maintaining financial stabilityand strategic growth. We are seeking a talented Finance Associateto join our team and contribute to our continuedsuccess.
PositionOverview:
Asa Finance Associate you will play a pivotal role in supporting thefinance department in various financial activities specific to thehotel industry. You will work closely with the finance manager andother stakeholders to ensure accurate financial reportingcompliance with regulatory requirements and effective financialmanagementpractices.
Responsibilities:
- Assistin the preparation of monthly quarterly and annual financialstatements for individual hotel properties as well as consolidatedfinancial reports for the hotelchain.
- Supportbudgeting andforecasting processes for hotel operationsincluding revenue projections expenseanalysis and capital expenditureplanning.
- Conductregular financial analysis to monitor key performance indicators(KPIs) identify trends and provide insights to improve financialperformance.
- Collaboratewith hotel managers and department heads to review financialresults discuss variances and implement corrective actions asneeded.
- Assistin the implementation and maintenance ofinternal controls to ensure compliance with accounting standardsand regulatoryrequirements.
- Coordinatewith external auditors and tax advisors during audits and taxfilings providing necessary documentation andsupport.
- Participatein special projects and initiatives to optimise financial processesenhance reporting capabilities and support strategicdecisionmaking.
- Stayupdated on industry trends market dynamics and regulatory changesaffecting the hotel industry providing recommendations foradaptation asnecessary.
Qualifications:
- CA/CMA/Semi Qualified CA Bachelors degree inAccounting Finance or relatedfield
- CAIntermediatequalification.
- Yearsof relevant experience in finance or accounting roles preferablywithin the hotel or hospitalityindustry.
- Strongunderstanding of accounting principles and practices includingfinancial reporting budgeting and internalcontrols.
- Proficiencyin financial analysis with the ability tointerpret financial data identify trends and make recommendationsforimprovement.
- Skillin Business Process Management MIS Financial Reporting and AnnualPlanning.
- Excellentcommunication and interpersonal skills with the ability tocollaborate effectively with crossfunctional teams and communicatefinancial concepts to nonfinancialstakeholders.
- Detailorientedwith strong analytical skills and the ability to work independentlyas well as part of ateam.
- Proficiencyin Microsoft Excel and accountingsoftware; knowledge of hotel managementsystems is aplus.
- Motivatedproactive and eager to learn with a commitment to professionalgrowth anddevelopment.
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