Finance Executive - Holiday Inn Express OMR Chennai Thoraipakkam

Key Responsibilities

Financial Operations

• Maintain accurate books of accounts and financial records.
• Record daily financial transactions, journal entries, accruals, income, and expenses.
• Support month-end and year-end closing activities.
• Prepare daily, weekly, and monthly financial reports. 

Accounts Payable 

• Verify vendor invoices against purchase orders and supporting documents.
• Process vendor payments accurately and on time.
• Reconcile vendor statements and resolve discrepancies.
• Maintain vendor master records. 

Accounts Receivable

• Monitor guest, corporate, and credit accounts.
• Follow up on outstanding receivables.
• Prepare AR ageing reports.
• Ensure timely billing and payment collections. 

Cash & Bank Management

• Perform daily cash reconciliation.
• Monitor cash floats and deposits.
• Conduct bank reconciliations and investigate variances.
• Ensure compliance with cash handling procedures. 

Compliance & Audit

• Ensure compliance with GST, TDS, and other statutory requirements.
• Assist in internal and external audits.
• Maintain proper documentation and financial records.
• Follow IHG policies, SOPs, and internal controls. 

Payroll Support

• Assist in payroll processing and employee reimbursements.
• Coordinate with HR for attendance, deductions, and payroll inputs.
• Maintain payroll-related records. 

Reporting & Analysis

• Prepare revenue reports, MIS reports, and expense analysis.
• Support budgeting and forecasting activities.
• Assist management with financial insights and variance analysis. 

Qualifications

• Bachelor's Degree in Commerce, Accounting, or Finance.
• 1–3 years of experience in hotel accounting or finance.
• Knowledge of hotel accounting systems and MS Excel.
• Understanding of GST, TDS, and statutory compliance.
• Good communication and analytical skills.