Finance Manager

Job Description

Organization- Andaz Delhi

Summary

Operational

- Ensure the Accounting and Finance Department is managed efficiently, maximizing the use of systems and technology.
- Review all Purchase Requests to confirm appropriate chart of account codes are used.
- Handle valuable Lost & Found items in coordination with Security and ensure compliance with police submission procedures.
- Maintain and program hotel Master Keys, generate key movement reports for investigation, and back up historical key data regularly.
- Monitor and liaise with insurance brokers regarding claims.
- Participate in monthly Financial Review and Credit Meetings.

Administrative

- Align departmental activities with Corporate Finance strategy and ensure timely implementation of hotel-specific actions.
- Assist in preparing and updating the Finance and Information Systems Departmental Operations Manuals.
- Ensure compliance with all Company, Hotel, and statutory Finance Policies and Procedures.
- Ensure adherence to government-stipulated employee, tax, and labor legislations.
- Conduct regular departmental communication meetings to enhance alignment and engagement.
- Maintain an organized, up-to-date filing system for all financial records.
- Review incoming and outgoing Accounts Receivable correspondences to ensure accuracy and timely follow-up.
- Compile and submit accurate Corporate, Regional, Hotel, and statutory financial reports within deadlines.
- Monitor and ensure timely renewal of hotel licenses and insurance policies.

Financial

- Assist in preparing the annual Finance Business Plan, ensuring divisional objectives support overall hotel goals.
- Collaborate with the Director of Finance to prepare and update the departmental budget, ensuring cost control and achievement of financial targets.
- Maximize employee productivity through multi-skilling, multi-tasking, and flexible scheduling aligned with business and guest needs.
- Drive productivity improvements while prudently managing payroll, utility, and other costs within approved guidelines.
- Ensure adoption of new technologies and systems that enhance productivity and streamline financial operations.

Other Duties

- Attend and actively contribute to training sessions, departmental and management meetings as required.
- Maintain strong knowledge of statutory tax legislation, labor relations, and compliance requirements.
- Foster professional relationships with competitor hotels, business partners, and relevant external organizations.
- Ensure adherence to the hotel's policies on IT resources, fire safety, hygiene, health, and security.
- Uphold high standards of personal grooming, professional presentation, and responsible conduct.
- Adapt to changes in the Accounting function in line with industry, company, and hotel requirements.
- Carry out any other duties as assigned by management.

Qualifications

Requirements

- Bachelor's degree in Finance, Accounting, or a related field; professional certifications preferred.
- Minimum 57 years of progressive finance/accounting experience, with at least 2 years as managerial role, ideally in hospitality.
- Strong knowledge of accounting standards, tax laws, and financial compliance.
- Proven experience in budgeting, forecasting, financial planning, and reporting.
- Excellent leadership, communication, and interpersonal skills.
- Strong analytical, problem-solving, and decision-making abilities.
- Proficiency in financial systems, hotel property management systems, and advanced MS Excel.
- Ability to manage multiple priorities, work under pressure, and meet strict deadlines.