HIRING FINANCE MANAGER

We are hiring Finance Manager for the Luxury Resort in Kerala. The Finance Manager is responsible for overseeing the financial operations of the hotel/resort, ensuring accurate financial reporting, budgeting, cost control, statutory compliance, and effective cash flow management. The role supports strategic business decisions through financial analysis while ensuring compliance with accounting standards and hospitality industry best practices.We are hiring Finance Manager for the Luxury Resort in Kerala

Key Responsibilities

Financial Management

• Prepare and present monthly, quarterly, and annual financial statements.
• Manage the hotel’s accounting operations, including Accounts Payable, Accounts Receivable, General Ledger, Fixed Assets, and Bank Reconciliation.
• Ensure timely month-end and year-end closing of accounts.
• Monitor daily revenue reports and cash flow to ensure financial stability.
• Maintain accurate financial records in accordance with applicable accounting standards.

Budgeting & Financial Planning

• Develop annual budgets and periodic financial forecasts.
• Analyze financial performance against budgets and recommend corrective actions.
• Provide financial insights and reports to management for strategic decision-making.
• Support long-term financial planning and profitability initiatives.

Cost Control & Revenue Monitoring

• Monitor departmental expenses and implement cost-control measures.
• Analyze food cost, beverage cost, payroll cost, and operational expenses.
• Coordinate with department heads to improve operational efficiency and maximize profitability.
• Review inventory valuation and cost variances regularly.

Statutory Compliance

• Ensure compliance with GST, Income Tax, TDS, PF, ESI, Professional Tax, and other statutory requirements.
• Coordinate with auditors during internal, statutory, and tax audits.
• Ensure timely filing of statutory returns and regulatory reports.
• Maintain compliance with company policies and financial regulations.

Cash & Banking Operations

• Oversee cash management, banking transactions, and fund utilization.
• Monitor cash collections, petty cash, and daily banking activities.
• Ensure effective credit control and timely collection of receivables.

Team Management

• Lead, mentor, and supervise the finance and accounts team.
• Allocate responsibilities and monitor team performance.
• Conduct training to improve financial processes and internal controls.

Internal Controls & Risk Management

• Establish and maintain effective internal financial controls.
• Identify financial risks and recommend mitigation strategies.
• Ensure proper documentation and approval processes for financial transactions.
• Monitor compliance with procurement and payment procedures.

Management Reporting

• Prepare MIS reports, financial dashboards, and profitability analyses.
• Present financial performance reports to senior management.
• Support management with feasibility studies, investment analysis, and business planning.

Required Qualifications

• Bachelor’s Degree in Commerce, Finance, or Accounting.
• CA, CMA, MBA (Finance), or equivalent qualification preferred.
• Professional certifications in finance or accounting are an added advantage.

Experience

• 5–8 years of experience in finance and accounting.
• Minimum 3 years of experience in the hospitality industry (Hotel/Resort).
• Experience with hotel accounting systems and ERP software is preferred.

Required Skills

• Strong knowledge of accounting principles and financial reporting.
• Expertise in budgeting, forecasting, and financial analysis.
• Knowledge of hospitality finance, revenue management, and cost control.
• Familiarity with GST, Income Tax, TDS, payroll, and statutory compliance.
• Proficiency in MS Excel and accounting/ERP software.
• Excellent analytical, organizational, and leadership skills.
• Strong communication and problem-solving abilities.
• High level of integrity and attention to detail.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of financial reporting.
• Budget adherence and cost optimization.
• Revenue and profitability improvement.
• Cash flow efficiency.
• Timely statutory compliance and audit completion.
• Reduction in financial discrepancies and control issues.
• Accounts receivable collection efficiency.
• Internal audit and compliance scores.

Working Conditions

• Full-time position based at the hotel/resort.
• May require extended hours during month-end closing, audits, budgeting, and financial year-end activities.
• Close coordination with all operational departments to support business objectives.