Unit Financial Controller

3 days ago

Bhubaneshwar, India The Grand Group Full time

Full Time
- Bhubaneswar, Odisha
- Posted 3 hours ago

**A Client of The Grand Placements**
- Unit Financial ControllerCTC Range - 10 to 12 Lakhs

Location - Bhubaneswar, Odisha

Reporting To - To COO, GM and Director

Team Size - 8 to 10 Team Members

Weekly Offs - 4 to 5 days in a month as per the case as

Weekly Off

Shift Timings - Normally 8 hours

**Unit Finance Manager**
- As Unit Head of Finance is responsible for providing different MIS Reports with accuracy to Owners, General Manager and HODs for help them take appropriate business decisions.
- Represents the finance department on the daily department heads meeting with the general manager.
- Help HODs to manage cost with respect to expenditures and provide them reports related to that at right time.
- Manage all phases of Accounts Payable, Receivable and department budget.
- Prepare financial statements and debtors’ listings.
- If any imbalance or difference found on the ledger then co-ordinate with the PMS team to resolving the same.
- Ensure correct taxation are applied on all billing software like Property Management systems (PMS), Point of Sale (POS) and SPA software’s.
- Ensure that all statutory details (PAN, TAX NO, Company Registration no. Etc.) are displayed on the guest invoices and bills.
- Review the Accounts Receivable (A/R) Ageing reports on a daily basis.
- Forecasting cash payments and anticipating challenges arising from limited cash flow.
- Maintain banking relationships and negotiating loans and merchant services for business units.
- Monitors and contains all property inventories to ensure proper levels without causing burdens on property cash flows.
- Working with executives and business heads to prepare budgets and track profit / loss performance by business unit.
- Providing direction and training to hotel operational team in areas related to finance, financial reports, internal controls, labour management, payroll, etc.
- Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management.
- Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.

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