Accounting Professional for Hospitality Sector
6 days ago
Estimated Salary: ₹500,000 - ₹700,000 per annum.
About SGAS Consultants LLPWe are a dynamic and fast-paced hospitality consulting firm that provides a wide range of services to corporate clients. Our commitment to delivering exceptional and timely services with dedication and accountability sets us apart from the competition.
Key Responsibilities:- Financial Operations Management
- Monitor daily financial transactions, including room revenue, food & beverage sales, and other departmental income.
- Manage accounts payable (vendor payments) and receivable (corporate accounts, event bookings).
- Financial Reconciliation
- Reconcile daily revenue reports with Point of Sale (POS) systems and property management systems (PMS).
- Perform bank reconciliations and resolve discrepancies promptly.
- Cost Control and Analysis
- Track operational expenses and ensure adherence to budgetary controls.
- Analyze departmental profitability and identify areas for cost optimization.
- Financial Reporting
- Prepare monthly, quarterly, and annual financial statements.
- Generate and analyze reports such as profit-and-loss statements, occupancy statistics, and food cost percentages.
- Audit and Internal Controls
- Support internal and external audits by providing accurate financial documentation.
- Implement and maintain robust internal controls to prevent revenue leakages.
- Budgeting and Forecasting
- Assist in preparing budgets and forecasts for hotel operations.
- Monitor variances and recommend corrective actions.
- Education:
- Bachelor's degree in Accounting, Finance, or related field (Master's degree or CA preferred).
- Experience:
- 1-2 years of accounting experience, preferably in the hospitality sector.
- Technical Skills:
- Proficiency in hospitality accounting software (e.g. Nimble, Inn-flow, QuickBooks).
- Advanced knowledge of MS Excel.
- Industry Knowledge:
- Familiarity with hotel revenue management, POS systems, and occupancy metrics.
- Strong understanding of food cost accounting and inventory control.
- Soft Skills:
- Excellent organizational and analytical skills.
- Ability to work under pressure and meet tight deadlines.
- 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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