Director of Finance

Salary Details

Salary Description: Competetive Salary Offered

Job Description For Director of Finance

Novotel Kolkata - Hotel & Residences

Eligibility Criteria:

• CA Qualification preferred.
• Ideally with a University Degree or Diploma in Finance or Hospitality/ Tourism Management.
• Minimum 2 years work experience as Director of Finance in larger operation.

• Organize and direct the team to supervise all revenues and expenses, as well as all inventories.
• Responsible for managing the day to day financial reporting and controlling requirements of the departments, and will be required to review and analyze management accounts.
• To plan, direct, supervise and coordinate the activities of the personnel involved in accounting and other financial functions of the organization.
• Analyze and interpret financial data and recommend changes to improve financial performance.
• Maintain an account of all the transactions of the organization.
• Responsible for budget and cost controls, financial analysis, accounting practices and reports.
• Any matter which may effect the interests of Novotel Kolkata Hotel & Residences should be brought to the attention of the Management.

• Responsible for establishing budget forecasts (investment budget and operating budgets) for the organization and keep a record of monthly budgetary discrepancies.
• Prepare Annual Budgets for effective management of the organization.

• Respond to queries, by resolving issues in a timely and efficient manner to ensure customer satisfaction.
• Establish and maintain seamless co-ordination & co-operation will all departments of the hotel to ensure maximum cooperation, productivity, morale and guest service.
• Ensure that the team has been trained for all safety provisions.
• Ensure that all personnel are kept well informed of department's objectives and policies.
• Motivate and develop the team to ensure smooth functioning of the department and promote teamwork.

• Identify optimal, cost effective use of the resources and educate the team on the same.

• Preparation of the Monthly Management Accounts.
• Monitor budgetary and key performance indicator movements.
• Ensure to liaise with the company auditors and regulators.
• To develop the financial reporting and accounting systems.
• Responsible for all financial and accounting functions of the organization.
• Analyze financial implications of propose capital projects/expenditures.
• Provide guidance to the other Department Managers regarding accounting or financial matters and analysis of financial reports.
• Develop, update, maintain and monitor the effective implementation of policies and procedures, financial position forecasts, Corporate, Management, and Internal reporting.
• Ensure to manage the development of accounting admissions, credit/collections and internal control policies.
• Recommend to the management on the issues related to Stock Management and Inventory controlling.
• Prepare periodical Management Information Reports.
• Performs all other functions as assigned by Management.
• Ensure to take the responsibility for maintaining accurate records.
• Providing effective Financial controlling & also implement Control systems.