Job Description
Position Description:
• AM Finance will be responsible to support the Hospitality vertical to provide MIS reporting and business forecasting using detail-oriented analysis by collecting and reviewing data and use these findings to develop stronger and effective business strategies.
Key Responsibilities of the Role
• Perform accurate and timely review of the submitted operational reports of Hotel Operators, and perform the required analysis to the operating results, while liaising with the Hotel Operators for inquiries and clarifications.
• Study the operational reports submitted by the hotel operators, consolidate them and prepare input notes on any critical areas for the consideration of the management.
• Review and analyze the submitted budgets by Hotel Operators and provide input to management, in order to challenge and debate the budgets and underlying assumptions.
• Work with Hotels teams for identifying and implementing initiatives for the purpose of saving costs, increasing revenues and enhancing customer experience.
• Carry out analysis and interpretation of revenue, demand generators, financial reporting, and management data regularly to assess the performance of hotels, and present to the management short and long-term strategies to enhance performance
• Prepare and deliver standard market and operations reports weekly, monthly MIS , and quarterly reporting and ensure they are accurate and done timely
• Apply data from company benchmarking systems to improve operating results and best practices
• Review and benchmark the trading performance parameters relevant to Hotel operations. Use tool like Hotstats, STR, Demand 360 etc.
• Prepare annual budgets and monthly forecasts.
• Track asset statutory compliances and permissions at the hotel and inform management when required.
• Track hotels are following audit compliance and corrective actions being taken
• Facilitate finance and purchase teams interactions with the hotels to ensure process are streamlined
• Finance and purchase process owner for owner funded projects
Education: CA or MBA Finance
Experience:
• 3-4 years’ experience in hotel finance function
• Experience with managing budgets and forecast is essential
• Understanding of hotel costs/accounting and USHA is mandatory
• Work experience in hotel as Finance executive/Manager.
• Experience with major international hotel brands will be preferred.
Competencies:
• Strong analytical skills with understating of and financial structures
• Comprehensive knowledge of hotel Accounting principles
• Self-Motivated, ability to multi task
• Proficient in Outlook, Excel, PowerPoint.
• Excel superusers preferred with ability to work with multiple sheets
• Strong and effective communication skills, including oral and written communications
• Strong interpersonal relationship skills to effectively work collaboratively with other industry professionals
Source – Embassy REIT Website
• AM Finance will be responsible to support the Hospitality vertical to provide MIS reporting and business forecasting using detail-oriented analysis by collecting and reviewing data and use these findings to develop stronger and effective business strategies.
Key Responsibilities of the Role
• Perform accurate and timely review of the submitted operational reports of Hotel Operators, and perform the required analysis to the operating results, while liaising with the Hotel Operators for inquiries and clarifications.
• Study the operational reports submitted by the hotel operators, consolidate them and prepare input notes on any critical areas for the consideration of the management.
• Review and analyze the submitted budgets by Hotel Operators and provide input to management, in order to challenge and debate the budgets and underlying assumptions.
• Work with Hotels teams for identifying and implementing initiatives for the purpose of saving costs, increasing revenues and enhancing customer experience.
• Carry out analysis and interpretation of revenue, demand generators, financial reporting, and management data regularly to assess the performance of hotels, and present to the management short and long-term strategies to enhance performance
• Prepare and deliver standard market and operations reports weekly, monthly MIS , and quarterly reporting and ensure they are accurate and done timely
• Apply data from company benchmarking systems to improve operating results and best practices
• Review and benchmark the trading performance parameters relevant to Hotel operations. Use tool like Hotstats, STR, Demand 360 etc.
• Prepare annual budgets and monthly forecasts.
• Track asset statutory compliances and permissions at the hotel and inform management when required.
• Track hotels are following audit compliance and corrective actions being taken
• Facilitate finance and purchase teams interactions with the hotels to ensure process are streamlined
• Finance and purchase process owner for owner funded projects
Education: CA or MBA Finance
Experience:
• 3-4 years’ experience in hotel finance function
• Experience with managing budgets and forecast is essential
• Understanding of hotel costs/accounting and USHA is mandatory
• Work experience in hotel as Finance executive/Manager.
• Experience with major international hotel brands will be preferred.
Competencies:
• Strong analytical skills with understating of and financial structures
• Comprehensive knowledge of hotel Accounting principles
• Self-Motivated, ability to multi task
• Proficient in Outlook, Excel, PowerPoint.
• Excel superusers preferred with ability to work with multiple sheets
• Strong and effective communication skills, including oral and written communications
• Strong interpersonal relationship skills to effectively work collaboratively with other industry professionals
Source – Embassy REIT Website
💡 Quick Summary
Seeking a career-building opportunity? The Vacancy For CA|MBA As Assistant Manager Finance |Hospitality Business| With position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
