Finance Executive

5 days ago

Varanasi Uttar Pradesh, India IHCL Full time

28 Oct 2025

**Business Unit**:Avantika Varanasi - IHCL SeleQtions

**Department**:Finance

**Description**:

- About IHCL- Indian Hotels Company Limited (IHCL) is a part of the Tata Group and is one of South Asia's largest and most iconic hospitality companies. With a legacy of over 120 years, we are dedicated to delivering exceptional experiences to our guests through our diverse portfolio of hotels, resorts, and palaces.- Careers at IHCL- At IHCL, we believe our employees are our greatest asset. We are committed to fostering a dynamic work environment that encourages innovation, collaboration, and personal growth. Join us in creating memorable experiences and shaping the future of hospitality. Explore exciting career opportunities with us and be a part of a vibrant team that values passion, excellence, and diversity.- Job Objective- To provide the revenue figures necessary for determining the individual profit center's profitability, which includes reconciling and monitoring revenue records and following internal procedures to ensure the company complies with all tax obligations.- Essential Job Tasks- Ensure that all revenue transactions, such as room revenue, food and beverage sales, and other services, are accurate and recorded in the accounting system, and create daily and monthly sales reports, as well as financial statements, for management.- Areas of Responsibility- Properly check and finalize the daily room revenue report.
- Ensure market segmentation correctly reflects the source of business and is accurately reflected in the GL.
- Verify the room rate with agreements or reservations, check allowance for room revenue, and ensure room revenue as per PMS is corrected in the GL.
- Check the rebate report, discount report, complimentary and house use report, no-show postings, late check-outs, etc., to ensure that every complimentary room, house-use room, discount, or rebate of revenue has adequate explanation in the approval form.
- Prepare monthly reports and schedules as part of the monthly MIS pack and financials.
- Prepare the DSR on a daily basis.
- Ensure control to report any discrepancies between housekeeping and front office room status. The total rooms available for sale should agree with the contracted rooms available
- Required Qualifications- B Com/Mcom degree in Finance- Work Experience- 1-2 Years- Languages Needed in Position- English- Key Interfaces
- External- Consultants- Key Interfaces
- Internal- Finance functions and compliances- Behavioural Competencies- Process Excellence- Result Orientation- Collaborative Engagement- Change Championship- Growth Mindset- Guest Centricity- Personal Effectiveness- Equal Opportunities Employment at IHCL

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