
Account Executive
4 days ago
**Department: Finance & Purchasing**
**Reports To: Finance Manager**
**Job Summary**:
The Hotel Accounts Executive is responsible for maintaining accurate financial records, processing accounts payable and receivable, and overseeing the purchasing activities. This role ensures that all financial transactions are recorded accurately and on time while also managing supplier relationships and ensuring that the hotel gets the best value for its purchases.
**Key Responsibilities**:
**1. Accounts Payable & Receivable**:
- Process invoices, verify their accuracy, and ensure timely payments to suppliers.
- Manage accounts receivable, ensuring timely invoicing and collection of dues.
- Reconcile bank statements and ensure that discrepancies are resolved promptly.
- Maintain accurate records of all financial transactions.
**2. Financial Reporting**
- Assist in the preparation of monthly, quarterly, and annual financial statements.
- Prepare and analyze financial reports, including budget vs. actual comparisons.
- Support the Finance Manager in the preparation of budgets and forecasts.
**3. Purchasing & Vendor Management**:
- Oversee the purchasing activities for the hotel, ensuring compliance with budget and quality standards.
- Source and negotiate with suppliers to obtain the best prices and quality for goods and services.
- Maintain an updated list of suppliers and build strong relationships with key vendors.
- Monitor inventory levels and place orders as needed to ensure uninterrupted operations.
**4. Internal Controls & Compliance**:
- Ensure adherence to internal financial controls and hotel policies.
- Support internal and external audits by providing required documentation and information.
- Ensure compliance with local laws and regulations related to financial transactions and purchasing.
**5. Collaboration & Communication**:
- Work closely with other departments to ensure that financial and purchasing needs are met.
- Provide financial insights and support to department heads in managing their budgets.
- Communicate effectively with suppliers and internal stakeholders to resolve issues and maintain smooth operations.
**Qualifications**:
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum of 2-3 years of experience in accounting, preferably in the hotel industry.
- Strong understanding of accounting principles and financial reporting.
- Proficiency in accounting software and Microsoft Office Suite (Excel, Word, etc.).
- Excellent organizational and multitasking skills.
- Strong negotiation and communication skills.
- Attention to detail and high level of accuracy.
**Preferred Qualifications**:
- Experience in hotel industry.
- Familiarity with procurement software or ERP systems.
**Work Environment**:
- Primarily office-based with occasional requirements to interact with suppliers and other external parties.
- May require some flexibility in working hours, particularly during month-end or year-end closing periods.
**Benefits**:
- Food provided
- Provident Fund
Schedule:
- Day shift
**Education**:
- Bachelor's (preferred)
License/Certification:
- Tally (required)
Work Location: In person
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