Finance Manager (Management Accounting) in Lucknow, India
The Indian Hotels Company Limited (IHCL)
India, Lucknow
Finance Manager (Management Accounting) in Lucknow, India is listed on Jobeax. Browse 30,000+ vacancies available.
Looking for a Director of Finance for our hotel Taj Palace, Lucknow. Strategically manages all aspects of the finance and accounting functions of the hotel, maintaining the financial reporting norms with a view to maximize profitability and achieve desired financial results. Ensuring implementation of the company's accounting policies and processes, RCM - Risk Control Management and complying with taxation, commercial and statutory norms.
Qualification:
Chartered Accountant (CA), Masters in Commerce or Finance (M.Com./MBA) or equivalent.
Budgeting & Forecasting :
Guide and direct the budgeting process for Capital Expenditure and Operational performance for the year with revenue projections duly aligned with business strategy and justifying each and every cost head.
Assist in strategy formulation for the Hotel in order to achieve greater profitability.
Budgetary control to ensure desired financial performance with an emphasis on profit maximization and cash flow through revenue enhancement and strict expenditure controls.
Set specific targets for Inventory, debtors and creditors levels and periodic ageing review to keep the same at minimum levels.
Leads the development and implementation of a comprehensive annual business plan which is aligned with the company's and brand's strategic direction.
Analyzes financial data and market trends.
Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
Produces accurate forecasts that enable operations to react to changes in the business.
'*Supervises and approves all accounting transactions on a daily basis and review of daily key reports of payables, receivables and income audit and F&B contol functions for capturing leakages and correcting the exceptions.
Tracks the status of Legatrix and ensure that all statutory tasks are marked by all functions in a timely manner.
Oversees internal audit processes.
Advises the GM and executive committee on existing and evolving operating/financial issues.
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