Accounting Manager

PREREQUISITES:
Strong verbal and written communications skills with strong accounting software experience. Proficiency with MS Office (Excel / Word) and experience with PMS like Opera, Room master, Delphi, Sun Finance, Oracle Finance, SAP etc. Be able to use Smartfinder, M Series will be a plus.
EDUCATION:
CA (Charted Accountant) or Bachelor's Degree in Finance or Graduate in Accounting.
EXPERIENCE:
5 to 6 years demonstrated accounting experience, preferably in a hospitality or food and beverage environment and quality with a background that includes forecasting and budgeting.

? Ensure that the guests have best possible experience by trouble-shooting and resolving all billing-related disputes.
? Represents the Accounting department on the daily department heads meeting with the general manager.
? Manage all phases of Accounts Payable, Receivable and department budget.
? Calculate and distribute wages and salaries.
? Prepare regular reports and summaries of accounting activities.
? Prepare financial statements and debtors' listings.
? Verify recorded transactions and report irregularities to management.
? Providing direction to the night audit team so as to ensure proper revenue reporting.
? Reviewing all ledger details guest ledger, city ledger and deposit ledgers to validate proper payment and revenue posting.
? If any imbalance or difference found on the ledger then co-ordinate with the PMS team to resolving the same.
? Review the postings, payments, and revenue and guest balance reports on a daily basis.
? Ensure correct taxation are applied on all billing software like Property Management systems (PMS), Point of Sale (POS) and other software's.
? Ensure that all statutory details (TAX NO, Company Registration no. Etc.) is displayed on the guest invoices and bills.
? Bills A/R accounts daily and send the same to guest along with the supporting bills and statements.
? Follows up on any accounts within 3 days to ensure customer has received the invoice and does not have any questions.
? Review the Accounts Receivable (A/R) ageing reports on a daily basis.
? Follow up 30 days after the initial billing if payment has not been received.
? Check customers credit ratings and Flag accounts as 'Black listed' for long outstanding or defaulter accounts.
? Enters invoices into accounts payable system weekly after verifying a purchase order was received from ordering department head and obtaining General Manager's approval.
? Forecasting cash payments and anticipating challenges arising from limited cash flow.
? Ensuring that cash flows are adequate to allow business units to operate effectively.
? Maintain banking relationships and negotiating loans and merchant services for business units.
? Maintains files of all contracts, insurance policies, tax reports, expenses, payroll, etc.
? Maintaining and transferring money between bank accounts as required.
? Performing numerical analysis of data and formulating conclusions and/or solutions.
? Approving all Third parties commissions and releasing payments after verification.
? Preparing financial reports and submissions to relevant government entities.
? Ensures all new hire paperwork, benefits, performance appraisals, disciplinary action forms and other pertinent personnel documents are filed appropriately and maintained in accordance with the company HR practices.
? Monitors and contains all property inventories to ensure proper levels without causing burdens on property cash flows.
? Preparing and presenting financial reports for meetings and investors.
? Working with executives and business heads to prepare budgets and track profit / loss performance by business unit.
? Providing direction and training to hotel operational team in areas related to finance, financial reports, internal controls, labor management, payroll, etc.
? Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management.
? Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.

- Salary
- Service Charge
- Meal
- Social Security
- Other as per company's Policy