Finance Controller

Role overview

Accounting, reporting, and planning

• Oversee day-to-day accounting and financial operations across assigned properties.
• Prepare accurate monthly, quarterly, and annual financial statements and review P&L, balance sheet, cash flow, trial balance, and related reports.
• Monitor revenue, expenses, profitability, working capital, and cash flows; provide management with financial analysis.
• Coordinate annual budgets, monitor actual performance against budget, prepare forecasts, and analyze variances.
• Identify cost overruns, recommend corrective actions, and support financial and profitability targets.

Cost control and financial operations

• Monitor hotel revenues, food and beverage costs, payroll costs, departmental expenses, and operating expenses.
• Review daily revenue reports and reconcile revenue from all departments.
• Control cash, card transactions, receivables, inventory, and other financial assets.
• Partner with Operations and Food & Beverage teams to improve cost efficiency and profitability.
• Monitor receivables, ageing reports, collections, vendor invoices, payments, and advances.

Controls, audit, and compliance

• Establish and strengthen financial controls and accounting procedures; review processes and identify control gaps.
• Coordinate internal, statutory, tax, and external audits and ensure timely closure of audit observations.
• Ensure applicable statutory compliance, including GST, TDS, Income Tax, PF, and ESIC, and submit returns and financial documentation on time.
• Coordinate with consultants and statutory auditors and keep management informed of significant financial and tax changes.

Assets, team, and business support

• Monitor inventory accounting and stock controls, review physical stock verification, and ensure fixed asset control.
• Monitor capital expenditure and ensure spending is within approved budgets.
• Lead, guide, and develop the Finance & Accounts team; set responsibilities and performance expectations and review team performance.
• Coordinate with unit GMs, department heads, Corporate HR, Operations, and other departments.
• Provide financial recommendations to senior management, highlight risks and variances, participate in business reviews, and support openings, renovations, and projects.

Qualifications and experience

• A bachelor's degree in Commerce, Finance, or Accounting is required.
• CA, CMA, MBA Finance, M.Com, or equivalent qualification is preferred.
• 8–12 years of relevant experience in Finance & Accounts is required.
• Strong experience in financial reporting, budgeting, cost control, audits, taxation, and internal controls is required.
• Hospitality or hotel industry experience is strongly preferred.
• Experience with multiple properties or multi-unit operations is an advantage.

Skills and competencies

• Key skills include financial planning and analysis, budgeting and forecasting, hotel finance and cost control, financial reporting, statutory compliance, and internal controls and audit.
• Cash flow and working capital management, MIS and management reporting, team leadership, Advanced MS Excel, and financial or accounting systems are listed.
• The role calls for analytical and problem-solving ability, communication, stakeholder management, financial acumen, commercial awareness, attention to detail, integrity, and confidentiality.
• Other competencies include decision-making, ownership, accountability, working to deadlines, and cross-functional collaboration.

Key performance areas

Pay and benefits

• Pay starts at ₹100,000 per month.
• Benefits listed: food provided, health insurance, and Provident Fund.

Work location

• Work location is in person.