Finance & Accounts Manager

Job Title: Finance & Accounts Manager

Location: Jaipur

Reporting To: Director / CFO

Role Overview:

We are seeking an experienced Finance & Accounts Manager to oversee and drive the financial operations of brand properties. This role is pivotal in ensuring financial health, compliance, and strategic growth. The ideal candidate will not only manage accounting functions but also lead funding initiatives, financial planning, and analysis to support expansion and operational efficiency.

Key Responsibilities:

Financial Accounting & Reporting:

Prepare and present accurate monthly, quarterly, and annual financial statements across all properties.

 Consolidate financials for management reporting and ensure timely delivery of MIS reports (P&L, Balance Sheet, Cash Flow, KPIs).

 Assist in monthly closing, budgeting, forecasting, and variance analysis to guide strategic decision-making.

Funding & Financial Strategy:

 Identify funding requirements for expansion, renovations, and operational needs.

 Coordinate with banks, investors, and financial institutions for loans, credit lines, and funding opportunities.

 Prepare financial models, ROI analysis, and investment proposals for new projects or strategic initiatives.

 Monitor cash flow and liquidity to ensure optimal utilization of funds and financial sustainability.

Compliance, Audit & Internal Controls:

 Ensure compliance with statutory regulations including GST, TDS, Income Tax, ROC filings, and other applicable laws.

 Coordinate and liaise with internal and external auditors; address audit queries efficiently.

 Implement strong internal controls and risk management practices to safeguard assets.

Review regular internal audits across F&B, housekeeping, laundry, and linen etc at properties.

 Review operational processes and inventory management systems to minimize leakage, wastage, and fraud.

Establish departmental SOPs for finance-related processes and ensure adherence to policies.

Monitor procurement, usage, and stock levels of F&B, housekeeping, laundry, and linen to ensure accuracy and accountability.

Team Leadership & Management:

 Lead, mentor, and manage a team of accountants and finance executives across multiple locations.

 Facilitate effective coordination between property managers, department heads, and finance teams.

 Provide training and guidance on accounting standards, systems, compliance requirements, and internal audit procedures.

Systems & Processes:

 Implement and manage ERP/accounting software across properties.

 Standardize accounting procedures, reporting formats, and workflows for operational efficiency.

 Drive automation, digitalization, and data-driven insights to enhance financial decision-making.

Key Skills & Competencies:

Strong expertise in accounting, finance, taxation, and hotel/hostel revenue management.

 Hands-on experience with statutory compliance, audits, internal controls, and operational audits.

 Proficiency in accounting and hospitality software (Tally ERP, Oracle, Hotel PMS, or similar).

Strategic thinker with strong analytical, problem-solving, and decision-making skills.

Excellent leadership, communication, and interpersonal abilities.

Qualifications & Experience:

 Chartered Accountant (CA) or equivalent professional qualification.

3-5 years of progressive experience in finance and accounting, preferably in hospitality.

 Proven experience managing multi-property accounting operations and financial strategy.

 Experience in funding, investment analysis, financial planning, and internal audits for operational departments.

Compensation:

 Competitive salary and benefits, commensurate with experience and industry standards.