Manager Accounts & Finance

Job Description Accounts Manager Reports To Managing Director / COO Job Description The Accounts Manager is responsible for managing the hotel's financial accounting operations, ensuring compliance with statutory regulations, maintaining accurate financial records, preparing financial reports, controlling costs, managing cash flow, and supporting management with financial analysis for effective business decisions. Key Responsibilities Financial Accounting Manage day-to-day accounting operations. Maintain accurate books of accounts and financial records. Prepare monthly, quarterly, and annual financial statements. Ensure timely closing of accounts. Accounts Payable & Receivable Verify supplier invoices and process payments. Monitor customer receivables and follow up on outstanding payments. Reconcile vendor and customer accounts regularly. Banking & Cash Management Monitor daily cash flow. Reconcile bank accounts. Manage petty cash and cash deposits. Coordinate with banks regarding financial transactions. Payroll & Statutory Compliance Verify monthly payroll in coordination with the HR department. Ensure timely payment of: GST / TDS / PF / ESI / PT / LWF. Coordinate statutory audits and compliance activities. Budgeting & Cost Control Prepare annual budgets and departmental forecasts. Monitor expenses against budget and Prepare variance analysis reports Analyze operational costs and recommend cost-saving measures. Audit & Compliance Coordinate internal and external audits. Ensure compliance with accounting standards, tax regulations, and company policies. Maintain proper documentation for all financial transactions. Financial Reporting Prepare of P&L statement, Balance sheet, Cash Flow Statement, Daily Revenue reports. Present financial reports to management with recommendations. Inventory & Asset Control Monitor inventory valuation. Verify stock reconciliation. Maintain fixed asset register. Supervise periodic physical verification of assets. Team Management Supervise Accounts Executives and Accounts Assistants. Allocate work and monitor performance. Train team members on accounting procedures and compliance. Coordination Work closely with all the departments Support operational departments on financial matters. Required Qualifications Bachelor's Degree in Commerce (B.Com) (or) M.Com / MBA (Finance) preferred Experience 510 years of experience in Accounts and Finance Minimum 23 years in a supervisory or managerial role Hotel industry experience preferred Technical Skills Tally Microsoft Excel (Advanced) Payroll Processing MIS Reporting Budgeting & Financial Analysis Compensation: Up to 500,000.00 per year Work Location: In person .