Experience
4 - 9 yrs
Job Location
Mumbai, India
Vacancy
1
Designation
Assistant
Job Type
ONSITE
Job Description
JobTitle: Finance Assistant
Department:Finance & Accounts
Reportingto: Financial Controller / Finance Manager
Location:Hotel Property
Job Purpose:
To ensure accurate handling, recording,reconciliation, and safeguarding of all cash transactions of the hotel incompliance with company policies, internal controls, and audit requirements.
Key Responsibilities:
Cash Operations & Controls:
- Daily collection of cash from all Point of Sale (POS) locations including Front Office and outlets as per standard operating procedures.
- Verification of cash collections with supporting documents and POS reports.
- Ensuring safe custody of cash and adherence to internal cash handling controls.
- Maintaining adequate change denominations for operational requirements of all hotel outlets.
Accounting & Banking:
- Passing daily accounting entries for all cash receipts and payments in SAP.
- Daily deposit of cash collections into designated bank accounts.
- Preparation of daily cash summary, reconciliation statements, and variance reports.
- Monitoring and reconciliation of cash balances with books of accounts.
Reconciliation & Variance Management:
- Identification and investigation of cash shortages or excess balances.
- Coordination with concerned departments/outlets for resolution and recovery of shortages if any.
- Proper documentation and approval of all cash variances as per company policy.
Compliance & Documentation:
- Maintaining proper documentation of all cash receipts, payments, exchange transactions, and reconciliations.
- Ensuring compliance with company finance policies, SOPs, and audit requirements.
- Handling submission of foreign exchange collections to authorized dealers as per regulatory requirements.
- Supporting statutory, internal, and operational audits by providing required documents and explanations.
Audit & Regulatory Support:
- Assisting finance team in preparation of schedules and documentation required by auditors.
- Ensuring adherence to FEMA and company guidelines related to foreign currency handling.
- Maintaining records for inspection and compliance reviews.
Key Requirements:
Education:
- Bachelors degree in Commerce / Accounting / Finance.
Experience:
- 04 years of experience in Finance / Accounts
- Freshers are welcome to apply.
- Prior Experience in Hotel Industry/ finance/ cashier role preferred.
Skills Required:
- Strong knowledge of cash handling procedures and internal controls.
- Good accounting knowledge.
- Attention to detail and high level of accuracy.
- Strong integrity and trustworthiness.
- Good coordination and communication skills.
- Working knowledge of MS Excel and SAP.
Key Competencies:
- Integrity and ethical conduct
- Attention to detail
- Process discipline
- Accountability
- Confidentiality