Assistant Manager - Finance

The Indian Hotels Company Limited (IHCL); Udupi district; On-site; INR 900,000 - 1,300,000; Full time

Job summary

IHCL in India invites applications for a corporate accounts role focused on preparing accounts, budgets, and MIS reporting in line with accounting standards and company policy.

You will collate data from all departments for budget prep, handle period-end entries, ensure tax filings and statutory compliance, and liaise with auditors and vendors. Candidates with CA/M.Com/MBA and 2-5 years of finance experience will fit well; English proficiency required.

Qualifications

• CA/MBA/M.Com. or equivalent required.
• 2-5 years of relevant finance experience.
• Knowledge of accounting standards and statutory compliance.
• Proficient in budgets and MIS reporting.
• Strong communication with vendors and auditors.

Responsibilities

• Collate data from all departments for budget preparation.
• Prepare MIS reports on a monthly/quarterly basis.
• Prepare and provide statements for auditors and respond to queries.
• Record payables and receivables; review trial balance.
• Ensure statutory compliance and timely tax filings.
• Process daily accounting entries and resolve discrepancies.
• Support audits and financial reviews by seniors.

Skills

Financial reporting

Budgeting

MIS reporting

Accounts payable/receivable

Inter-department coordination

Education

CA/M.Com./MBA

Job description

Job Description:

About IHCL

Indian Hotels Company Limited (IHCL) is a part of the Tata Group and is one of South Asias largest and most iconic hospitality companies. With a legacy of over 120 years, we are dedicated to delivering exceptional experiences to our guests through our diverse portfolio of hotels, resorts, and palaces.

Careers at IHCL

At IHCL, we believe our employees are our greatest asset. We are committed to fostering a dynamic work environment that encourages innovation, collaboration, and personal growth. Join us in creating memorable experiences and shaping the future of hospitality. Explore exciting career opportunities with us and be a part of a vibrant team that values passion, excellence, and diversity.

Job Objective

To assist in the preparation of accounts and MIS, and prepare budgets for corporate accounts in compliance with accounting standards, company policies, and regulations.

Essential Job Tasks

To prepare accounts and MIS, track and prepare budgets for corporate accounts, and ensure correct and accurate financial reporting in compliance with accounting standards, company policies, and regulations.

Areas of Responsibility

• Collate data from all departments for budget preparation.
• Prepare MIS reports on a monthly/quarterly basis.
• Prepare and provide various statements required by auditors, provide explanations to their queries, and explain control systems on a quarterly and yearly basis. Implement recommendations of seniors and auditors.
• Prepare entries for payables and receivables for period-end activities; prepare accounting entries based on inter-unit account reconciliations/confirmations prepared by subordinates; resolve issues related to the transactions; review trial balance generated.
• Ensure compliance with commercial laws, tax structures, etc.
• Ensure the deposit of all taxes and statutory dues in a timely manner and filing of all returns within due dates.
• Book all accounting entries for receivables and payables on a daily basis and review daily key reports of payables and receivables to capture leakages and correct exceptions.
• Reply to queries from heads of departments and resolve issues.
• Prepare invoices/reports for operating fees and management fees; ensure collection of fees; review aging report on the system on a monthly basis.
• Follow the compliance calendar and ensure that all statutory tasks are marked by all functions in a timely manner.

Required Qualifications

Chartered Accountant (CA)/ Masters in Commerce or Finance (M.Com./MBA) or equivalent.

Work Experience

2-5 years

Languages Needed in Position

English

Key Interfaces- External

Vendors, auditors, advisors and Others

Key Interfaces- Internal

Finance function, Hotel Finances, compliance and internal audit

Behavioural Competencies

• Process Excellence
• Result Orientation
• Collaborative Engagement
• Change Championship
• Growth Mindset
• Talent Enrichment
• Guest Centricity
• Personal Effectiveness

Equal Opportunities Employment at IHCL

At IHCL, we celebrate diversity and are committed to creating an inclusive environment for all employees. We are proud to be an equal opportunity employer and do not discriminate based on race, color, religion, gender, sexual orientation, age, national origin, disability, or any other status protected by applicable law. We encourage all qualified individuals to apply and join our team, where every voice is valued and respected.