Finance Manager

5-7 Years

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Early Applicant

Job Description

Organization- Andaz Delhi

Summary

Operational

Ensure the Accounting and Finance Department is managed efficiently, maximizing the use of systems and technology.
Review all Purchase Requests to confirm appropriate chart of account codes are used.
Handle valuable Lost & Found items in coordination with Security and ensure compliance with police submission procedures.
Maintain and program hotel Master Keys, generate key movement reports for investigation, and back up historical key data regularly.
Monitor and liaise with insurance brokers regarding claims.
Participate in monthly Financial Review and Credit Meetings.

Administrative

Align departmental activities with Corporate Finance strategy and ensure timely implementation of hotel-specific actions.
Assist in preparing and updating the Finance and Information Systems Departmental Operations Manuals.
Ensure compliance with all Company, Hotel, and statutory Finance Policies and Procedures.
Ensure adherence to government-stipulated employee, tax, and labor legislations.
Conduct regular departmental communication meetings to enhance alignment and engagement.
Maintain an organized, up-to-date filing system for all financial records.
Review incoming and outgoing Accounts Receivable correspondences to ensure accuracy and timely follow-up.
Compile and submit accurate Corporate, Regional, Hotel, and statutory financial reports within deadlines.
Monitor and ensure timely renewal of hotel licenses and insurance policies.

Financial

Assist in preparing the annual Finance Business Plan, ensuring divisional objectives support overall hotel goals.
Collaborate with the Director of Finance to prepare and update the departmental budget, ensuring cost control and achievement of financial targets.
Maximize employee productivity through multi-skilling, multi-tasking, and flexible scheduling aligned with business and guest needs.
Drive productivity improvements while prudently managing payroll, utility, and other costs within approved guidelines.
Ensure adoption of new technologies and systems that enhance productivity and streamline financial operations.

Other Duties

Attend and actively contribute to training sessions, departmental and management meetings as required.
Maintain strong knowledge of statutory tax legislation, labor relations, and compliance requirements.
Foster professional relationships with competitor hotels, business partners, and relevant external organizations.
Ensure adherence to the hotel's policies on IT resources, fire safety, hygiene, health, and security.
Uphold high standards of personal grooming, professional presentation, and responsible conduct.
Adapt to changes in the Accounting function in line with industry, company, and hotel requirements.
Carry out any other duties as assigned by management.

Qualifications

Requirements

Bachelor's degree in Finance, Accounting, or a related field; professional certifications preferred.
Minimum 57 years of progressive finance/accounting experience, with at least 2 years as managerial role, ideally in hospitality.
Strong knowledge of accounting standards, tax laws, and financial compliance.
Proven experience in budgeting, forecasting, financial planning, and reporting.
Excellent leadership, communication, and interpersonal skills.
Strong analytical, problem-solving, and decision-making abilities.
Proficiency in financial systems, hotel property management systems, and advanced MS Excel.
Ability to manage multiple priorities, work under pressure, and meet strict deadlines.