Job Type: Permanent

Working: Office only

Location: Chennai

Experience: 7-15 years

Job Description

Oversee the financial operations of the hotel or hotel group, ensuring accurate financial reporting, budget preparation, compliance with regulatory requirements, cost control, and strategic financial planning. The role is key in advising the executive team on business decisions from a financial perspective.

Key Responsibilities

• Preparation of monthly, quarterly, and annual financial statements
• Budgeting, forecasting, and variance analysis
• Cash flow management and working capital control

• Revenue recognition from different hotel departments (Rooms, F&B, Spa, etc.)
• Handling intercompany and management fees, franchise fees, and owner distributions

• Implementing strong internal control procedures
• Ensuring compliance with local tax laws (GST, Sales Tax, Occupancy Tax)
• Liaising with auditors and tax consultants

• ERP systems like NetSuite, M3, SAP, or Oracle
• Advanced Excel skills (VLOOKUP, Pivot Tables, Data Analysis)
• BI tools for reporting and dashboarding

• Supervising accounting staff and mentoring junior team members
• Coordinating with operations, and HR for cross-functional alignment
• Delegation and performance monitoring
• Support cost control initiatives and profitability analysis

• Review procurement, payroll, and inventory reports
• Provide financial insights for pricing and cost optimization
• Presenting financial results to hotel owners, GMs, and corporate leadership

• Supporting strategic decision-making with financial analysis

Please note the candidate:

• Should have completed CA.
• Comfortable working night shifts.