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treebo hospitality ventures

General Ledger Manager

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Job Description

About the company

Treebo Hospitality Ventures (THV) is a hotel group operating with a mission of democratising

the joy of travel. We focus on the affordable segments of the market — economy to

mid-market — to cater to the next 100 million travellers who will experience the joy of travel

over the next 10 years. We offer these guests a high-quality experience at an affordable price

point, with a portfolio of 800+ hotels across 120+ cities.

We operate through multiple brands catering to different sub-segments:

● Itsy (₹1000–1500)

● Treebo and Treebo Premium (₹1500–3000)

● Medalio, our newly launched affordable luxury brand (₹3000–6000 per night)

We are also the master franchisee of Accor Hotels in India for their Ibis and Mercure brands,

which cater to larger mid-market properties.

We are the most loved hotel chain in the affordable segment, with an average rating of 7.8/10

across independent review platforms — and we are just getting started

About the role

This role is responsible for overseeing and managing the general ledger accounting functions o

fan organisation. This role is crucial in ensuring the accuracy, integrity, and compliance o

ffinancial records and reports. The GL Controller plays a pivotal part in the financial clos

eprocess, the preparation of financial statement

About the company

Treebo Hospitality Ventures (THV) is a hotel group operating with a mission of democratising

the joy of travel. We focus on the affordable segments of the market — economy to

mid-market — to cater to the next 100 million travellers who will experience the joy of travel

over the next 10 years. We offer these guests a high-quality experience at an affordable price

point, with a portfolio of 800+ hotels across 120+ cities.

We operate through multiple brands catering to different sub-segments:

● Itsy (₹1000–1500)

● Treebo and Treebo Premium (₹1500–3000)

● Medalio, our newly launched affordable luxury brand (₹3000–6000 per night)

We are also the master franchisee of Accor Hotels in India for their Ibis and Mercure brands,

which cater to larger mid-market properties.

We are the most loved hotel chain in the affordable segment, with an average rating of 7.8/10

across independent review platforms — and we are just getting started

About the role

This role is responsible for overseeing and managing the general ledger accounting functions of

an organisation. This role is crucial in ensuring the accuracy, integrity, and compliance of

financial records and reports. The GL Controller plays a pivotal part in the financial close

process, the preparation of financial statements

Key Responsibilities

● General Ledger Management:

○ Maintain and oversee the accuracy and integrity of the general ledger.

○ Ensure all financial transactions are recorded accurately and in accordance with

accounting standards.

○ Review and reconcile general ledger accounts on a regular basis.

○ Prepare and post journal entries as needed.

○ Should be able to scale with the business without diluting control on the books of

accounts.

● Month-End and Year-End Close:

○ Lead the month-end and year-end closing processes, ensuring deadlines are met.

○ Prepare and review financial statements, including balance sheets, income

statements, and cash flow statements.

○ Ensure all accounts are reconciled and discrepancies are resolved before closing

the books.

○ Coordinate with other departments to gather necessary information for closing.

● Financial Reporting and Analysis:

○ Prepare and analyse TB before and after month end

○ Assist/Prepare in monthly, quarterly, and annual financial reports

○ Provide insights and recommendations based on financial data to support

decision-making

● Compliance and Auditing:

○ Ensure compliance with internal controls, policies, and procedures

○ Assist with internal and external audits, providing necessary documentation and

explanations

○ Maintain up-to-date knowledge of accounting regulations and standards (e.g.,

GAAP, IFRS)

● Process Improvement:

○ Identify and implement improvements to accounting processes and systems.

○ Work closely with the IT department to optimise financial systems and

automation.

○ Develop and document accounting policies and procedures.

○ Automation of standard processes and use of AI.

● Team Collaboration:

○ Collaborate with other members of the finance team to ensure seamless

operations.

○ Provide support and training to junior accounting staff as needed.

What are we looking for

● Education: CA qualified or Bachelor's degree in Accounting, Finance, or a related field.

● Experience: Minimum of 2-4 years of experience in general ledger accounting, financial

reporting, or related roles.

● Skills:

○ Strong understanding of accounting principles and financial reporting.

○ Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and Excel.

○ Good understanding of financial statements

○ Experience of working actively as audit support or leading the audit

○ Attention to detail and accuracy.

○ Ability to manage multiple tasks and meet deadlines.

○ Strong communication and interpersonal skills.

More Info

Job Type:
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Job ID: 147464775

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