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Finance Manager

🏢 Nextrise 🌐 On-site 💼 Full-time
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Company Description

Our client, managed by Accor, is located near the heart of Bengaluru with close proximity to major tech parks and key commercial & residential areas. The establishment boasts 212 modern and lavish rooms, including 29 one and two-bedroom suites with private terraces. It features 10 elegant meeting spaces, including a quaint alfresco and open terrace that can cater to 20 - 400 guests.

Additional amenities include an all-day dining restaurant, cafe & alfresco, a fitness center, spa, swimming pool, an entertainment zone, library lounge, art gallery, and business center.

Job Description

Prime Function:

  • Assist the Director of Finance in overseeing and directing all aspects and operations related to the processing and distribution of payroll and the accounting operations of the organization.
  • Responsible for the supervision and guidance of the Accounting, Accounting Staff, and Payroll.
  • Assist the Director of Finance in the preparation of monthly financial reports and schedules required by the Hotel.
  • Ensure the accuracy and correctness of all charges and credits to the various accounts and that they are properly recorded on a timely basis.
  • Any matter which may affect the interests of the Hotel should be brought to the attention of the Management.

Key Responsibilities

Finance Planning

  • Plan & prepare schedules for expense accounts that may be required from time to time.
  • Ensure all Balance Sheet items are accounted for and reconciled with their respective subsidiary Ledgers and/or Schedules, and all Contra or Clearance accounts are cleared at the end of every month.
  • Assist the Director of Finance to prepare Annual Budgets for effective management of the organization.

People Management

  • Establish and maintain seamless coordination & cooperation with all departments of the hotel to ensure maximum cooperation, productivity, morale, and guest service.
  • Respond to queries by resolving issues in a timely and efficient manner to ensure customer satisfaction.
  • Ensure that the team has been trained for all safety provisions.
  • Ensure that all personnel are kept well informed of the department’s objectives and policies.
  • Motivate and develop the team to ensure smooth functioning of the department and promote teamwork.

Financial Management

  • Identify optimal, cost-effective use of the resources and educate the team on the same.

Operational Management

  • Control and review the accounting processes of the organization.
  • Research the effects of any changes in Law or Government regulations on the organization's accounting policies and procedures.
  • Establish and monitor internal controls and processes to assure timely and accurate financial data and reports.
  • Produce ad-hoc reports and analyze to support the information requirements of the Finance Controller.
  • Record, classify, and summarize accounting transactions in accordance with the specific standards.
  • Represent the Finance Department in interactions with employees and external individuals & organizations.
  • Check and sign all journal vouchers prepared by Cost Control, General Cashier, Payroll, Accounts Payable, Accounts Receivable, and Income Auditor.
  • Serve on cross-functional teams as a representative of the Finance Department.

Managerial Qualities

  • Leadership skills that utilize persuasion and motivation to attain organizational goals, followed by honesty, integrity, ethical behavior, tactfulness, openness, and cultural awareness;
  • Ability to accept responsibility;
  • Self-confidence, motivation, drive, and tenacity;
  • Ability to enhance organizational performance;
  • Ability to clearly delegate tasks and responsibilities;
  • Ability to think strategically, inductively, and creatively;
  • Propensity to recognize and acknowledge other people’s ideas.

Key Contacts

Liaises with

Responsible for (as assigned)

  • Director of Finance
  • Team Leader, General Cashier & Income Auditor Accounts Payable

Occupational Health & Safety

Employee Responsibility

  • All employees to safeguard their health and safety, and the health and safety of others, in the workplace.

Qualifications

  • Master’s degree (MBA in Finance) or

Bachelor’s Degree In

  • Finance
  • Accounting
  • Business Administration
  • Economics

Additional Information

  • Financial reporting & analysis
  • Budgeting and forecasting

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