Finance Executive

The Indian Hotels Company Limited (IHCL); Gurugram District; On-site; INR 600,000 - 1,000,000; Full time

Job summary

The Indian Hotels Company Limited (IHCL) is seeking a finance professional to support the financial operations for a QSR brand within its hospitality portfolio. The role focuses on maintaining records, ensuring statutory compliance, and contributing to cost management and reporting.

You will assist in preparing financial statements, managing cash flow, and streamlining processes to enhance efficiency while adhering to company policies and deadlines. English proficiency required.

Qualifications

• Bachelor’s degree in Commerce, Accounting, Finance, or related field.
• CA Inter or MBA in Finance is a plus.
• 2–4 years of experience in finance or accounting roles, preferably in QSR, hospitality, or retail.

Responsibilities

• Maintain accurate financial records including accounts payable, receivable, and GL entries.
• Prepare monthly, quarterly, and annual financial statements and management reports.
• Ensure GST, TDS and other statutory returns are filed on time.
• Track and analyze costs to identify savings and improve processes.
• Monitor cash flow and assist in cash flow projections.

Skills

Attention to detail

Organizational skills

Communication skills

Education

Bachelor’s degree in Commerce/Accounting/Finance

CA Inter or MBA in Finance (plus)

Tools

Tally

SAP

QuickBooks

MS Excel

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 support the financial operations of a QSR brand by maintaining accurate financial records, ensuring compliance with statutory regulations, and contributing to cost management and reporting.
• To assist in preparing financial statements, managing cash flow, and streamlining processes to enhance operational efficiency while adhering to company policiesanddeadlines.

Essential Job Tasks

• Strong knowledge of accounting standards, financial regulations, and tax laws in India.
• Proficiency in accounting software (e.g., Tally, SAP, QuickBooks) and MS Excel.
• Excellent attention to detail, organizational skills, and ability to meet deadlines.
• Good communication and interpersonal skills.

Areas of Responsibility

• 1. Accounting & Recordkeeping:
  • Maintain accurate financial records, including accounts payable, receivable, and general ledger entries.
  • Reconcile bank statements and resolve discrepancies in a timely manner.
  • Process invoices, payments, and employee reimbursements efficiently.
• 2. Financial Reporting:
  • Assist in preparing monthly, quarterly, and annual financial statements and management reports.
  • Compile data for budgets, forecasts, and variance analysis.
  • Provide insights and support in financial decision-making.
• 3. Taxation & Compliance:
  • Ensure timely filing of GST, TDS, and other statutory returns in compliance with Indian regulations.
  • Assist in audits and liaise with external auditors to provide necessary documentation.
  • Monitor compliance with internal financial policies and procedures.
• 4. Cost Management:
  • Track and analyze operational costs, including food, labor, and overhead expenses.
  • Identify cost-saving opportunities and contribute to process improvements.
• 5. Cash Flow Management:
  • Monitor daily cash flow and ensure sufficient funds are available for operational needs.
  • Prepare and maintain cash flow projections to support financial planning.
• 6. Vendor & Outlet Coordination:
  • Coordinate with vendors for timely payments and resolve payment-related issues.
  • Support outlet managers in financial queries and ensure adherence to financial processes.
• 7. Technology & Process Optimization:
  • Utilize accounting software and ERP systems to maintain financial accuracy and efficiency.
  • Suggest improvements to streamline financial workflows.

Required Qualifications

Bachelor’s degree in Commerce, Accounting, Finance, or related field. CA Inter or MBA in Finance is a plus.

Work Experience

2-4 years of experience in finance or accounting roles, preferably in the QSR, hospitality, or retail sectors.

Languages Needed in Position

English

Key Interfaces- External

Vendors and Others

Key Interfaces- Internal

Finance function, HODs, Store Managers, compliance and internal audit

Behavioural Competencies

• Process Excellence
• Result Orientation
• Collaborative Engagement
• Change Championship
• Growth Mindset
• 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.