Finance & Accounts Executive

3 months ago


Santacruz East Mumbai Maharashtra, India Hotel Indie Stays Full time

**Location**: Indie Stays Hotel, [Santacruz East, Mumbai]
**Reports to**: Finance Manager/General Manager

**Job Summary**:
The Accounts & Finance Executive is responsible for managing the day-to-day financial activities of Indie Stays Hotel, ensuring accurate financial record-keeping, timely financial reporting, and adherence to all accounting and finance-related regulations. This role will play a crucial part in supporting the financial health of the hotel and assisting with budgeting, cash flow management, and financial compliance.

**Key Responsibilities**:
**Accounting & Bookkeeping**:

- Maintain accurate records of all financial transactions using accounting software (Tally, QuickBooks, etc.).
- Prepare and manage day-to-day bookkeeping, including sales, purchases, expenses, and bank reconciliations.
- Verify, allocate, and post transactions to the general ledger.
- Process payroll, ensuring compliance with statutory deductions like TDS, PF, and ESI.

**Financial Reporting & Analysis**:

- Prepare monthly, quarterly, and annual financial statements (balance sheets, P&L, cash flow statements).
- Assist in the preparation of the annual budget and financial forecasts.
- Conduct financial analysis to monitor the performance of the hotel and suggest cost control measures.
- Provide insights and recommendations for improving financial performance.

**Taxation & Compliance**:

- Manage GST compliance and ensure timely filing of GST returns.
- Handle TDS deductions and filings as per statutory requirements.
- Assist with audits and coordinate with external auditors and tax consultants.
- Ensure compliance with hotel industry-specific financial regulations and policies.

**Accounts Payable & Receivable**:

- Oversee the accounts payable process, ensuring timely payment to vendors and suppliers.
- Manage accounts receivable, ensuring timely collection of dues from clients or partners.
- Reconcile bank statements regularly and ensure proper fund flow management.

**Cash Flow & Treasury Management**:

- Monitor and manage daily cash flow to ensure smooth operations.
- Prepare cash flow statements and update senior management on liquidity.
- Assist in managing investments, loans, and banking relationships.

**Inventory & Cost Management**:

- Monitor hotel inventory purchases and consumption, ensuring cost-effective procurement.
- Analyze food and beverage costs and other department expenses for better control.

Pay: ₹15,000.00 - ₹25,000.00 per month

Schedule:

- Day shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- Taxation: 1 year (preferred)
- total work: 1 year (preferred)

**Language**:

- English (preferred)

License/Certification:

- Tally (preferred)

Work Location: In person

Application Deadline: 05/10/2024


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