Finance Manager
1 week ago
Job Title: Finance Manager
Location: Chandigarh
Experience: 5-15 Years
Industry Preference: Hotels, Restaurants, or Catering
Qualification: CA / Inter CA / MBA Finance
CTC: Up to 15 LPA
Key Responsibilities:
We are seeking a highly skilled and experienced Finance Manager to oversee and manage the financial operations of our hospitality business. The ideal candidate will be responsible for financial planning, compliance, taxation, budgeting, cost control, and overall financial health of the company. This role requires strong expertise in finance and accounting, particularly within the hotels, restaurants, or catering industry.
Financial Planning & Budgeting:
- Develop and implement financial strategies aligned with business goals.
- Prepare annual budgets, forecasts, and financial models to support decision-making.
- Conduct financial risk assessments and devise mitigation strategies.
Financial Reporting & Compliance:
- Ensure accurate financial reporting, MIS preparation, and variance analysis.
- Manage P&L statements, balance sheets, and cash flow statements.
- Oversee statutory compliance including GST, TDS, corporate tax, and other regulatory requirements.
- Coordinate with auditors for internal and external audits, ensuring compliance with all financial regulations.
Cost Control & Profitability Optimization:
- Monitor operational expenses and implement cost-saving initiatives.
- Conduct financial analysis and benchmarking to optimize profitability.
- Evaluate supplier contracts and procurement costs to improve efficiency.
Cash Flow & Treasury Management:
- Ensure efficient cash flow management for smooth business operations.
- Manage vendor payments, payroll processing, and financial reconciliations.
- Monitor banking transactions, loan management, and fund allocations.
Stakeholder & Team Management:
- Work closely with the senior management team to provide financial insights and recommendations.
- Liaise with banks, auditors, tax consultants, and regulatory authorities.
- Lead and mentor the finance team, ensuring adherence to best accounting practices.
Key Skills & Competencies:
- Strong knowledge of financial planning, budgeting, and forecasting.
- Experience in handling finance for hospitality businesses.
- Proficiency in taxation, compliance, and financial reporting.
- Expertise in ERP systems, Tally, SAP, or other financial software.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong leadership, communication, and stakeholder management abilities.
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