Hospitality Accountant
6 days ago
Job Title: Hospitality Accountant
Department: Accounting & Finance
Reports To: Finance Manager
Location: Andheri East
Employment Type: Full-Time
About Us:
SGAS Consultants provides a wide range of services to corporate clients, focusing on high standards of service, effective accessibility, seamless interdisciplinary functions, and unwavering integrity. We are committed to delivering exceptional and timely services to our clients with dedication and accountability.
Job Summary
We are looking for a meticulous and experienced Hospitality Accountant to manage
financial operations within our organization. The ideal candidate will ensure accurate
tracking of revenue and expenses, compliance with industry regulations, and provide
financial insights to support business growth in the hospitality sector.
Key Responsibilities
1. Revenue and Expense Management:
o Monitor daily financial transactions, including room revenue, food & beverage
sales, and other departmental income.
o Manage accounts payable (vendor payments) and receivable (corporate
accounts, event bookings).
2. Financial Reconciliation:
o Reconcile daily revenue reports with Point of Sale (POS) systems and
property management systems (PMS).
o Perform bank reconciliations and resolve discrepancies promptly.
3. Cost Control:
o Track operational expenses and ensure adherence to budgetary controls.
o Analyze departmental profitability and identify areas for cost optimization.
4. Financial Reporting:
o Prepare monthly, quarterly, and annual financial statements.
o Generate and analyze reports such as profit-and-loss statements, occupancy
statistics, and food cost percentages.
5. Audit and Internal Controls:
o Support internal and external audits by providing accurate financial documentation.
o Implement and maintain robust internal controls to prevent revenue leakages.
6. Budgeting and Forecasting:
o Assist in preparing budgets and forecasts for hotel operations.
o Monitor variances and recommend corrective actions.
Key Skills and Qualifications
Education:
o Bachelor’s degree in Accounting, Finance, or related field (Master’s degree or
CA preferred).
Experience:
o 1-2 years of accounting experience, preferably in the hospitality sector.
Technical Skills:
o Proficiency in hospitality accounting software (e.g. Nimble, Inn-flow,
QuickBooks).
o Advanced knowledge of MS Excel
Industry Knowledge:
o Familiarity with hotel revenue management, POS systems, and occupancy
metrics.
o Strong understanding of food cost accounting and inventory control.
Soft Skills:
o Excellent organizational and analytical skills.
o Ability to work under pressure and meet tight deadlines.
Why Join Us?
Work in a dynamic and fast-paced hospitality environment.
Opportunity to grow within the finance and accounting team.
Competitive compensation and employee benefits.
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