Lake View Resort

Hotels / Resorts / Restaurant

Finance Manager

Views: 2526|Published on: Nov 20, 2020|

Accounting / Finance

Mid Level

Full Time

Vacancy: 1

Pokhara|

Experience: Not Required|

Not Disclosed

Job Description

Roles and responsibilities of this job

As an Accounting Manager he / she should provide the Owners, General Manager and other management with accurate, timely, and relevant financial data. Additionally responsible for managing the audit function in hotel to deliver outstanding guest service and financial profitability

Duties and Responsibilities:

Ensure that the guests have best possible experience by trouble-shooting and resolving all billing-related disputes
Represents the finance department on the daily department heads meeting with the general manager
Manage all phases of Accounts Payable, Receivable and department budget
Hire and train account staff and cashiers.
Calculate and distribute wages and salaries
Prepare regular reports and summaries of accounting activities
Prepare financial statements and debtors' listings
Verify recorded transactions and report irregularities to management
Providing direction to the night audit team so as to ensure proper revenue reporting
Reviewing all ledger details guest ledger, city ledger and deposit ledgers to validate proper payment and revenue posting
If any imbalance or difference found on the ledger then co-ordinate with the PMS team to resolving the same
Review the postings, payments, revenue and guest balance reports on a daily basis
Ensure correct taxation are applied on all billing software like Property Management systems (PMS), Point of Sale (POS) and SPA software's
Ensure that all statutory details (PAN, TAX NO, Company Registration no. Etc.) are displayed on the guest invoices and bills
Bills A/R accounts daily and send the same to guest along with the supporting bills and statements.
Review the Accounts Receivable (A/R) Ageing reports on a daily basis
Follow up 30 days after the initial billing if payment has not been received
Check customers credit ratings and Flag accounts as 'Black listed' for long outstanding or defaulter accounts
Enters invoices into accounts payable system weekly after verifying a purchase order was received from ordering department head and obtaining General Manager's approval
Forecasting cash payments and anticipating challenges arising from limited cash flow
Ensuring that cash flows are adequate to allow business units to operate effectively
Maintain banking relationships and negotiating loans and merchant services for business units
Maintains files of all contracts, insurance policies, tax reports, expenses, payroll, etc
Maintaining and transferring money between bank accounts as required
Performing numerical analysis of data and formulating conclusions and/or solutions
Check and approve payments (Cash and checks
Work with the Auditor to develop Financial and Accounting SOPs
Approving all Travel Agent commissions and releasing payments after verification
Preparing financial reports and submissions to relevant government entities
Ensures all new hire paperwork, benefits, performance appraisals, disciplinary action forms and other pertinent personnel documents are filed appropriately and maintained in accordance with the company HR practices
Monitors and contains all property inventories to ensure proper levels without causing burdens on property cash flows
Preparing and presenting financial reports for meetings and investors
Working with executives and business heads to prepare budgets and track profit / loss performance by business unit
Providing direction and training to hotel operational team in areas related to finance, financial reports, internal controls, labour management, payroll, etc
Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management
Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities
Perform daily and monthly audits
Monitor other Accounts Receivables of the business including Rent, Commissions, Royalty etc

Job Specification

Required qualifications for this job

Required Education Level:Under Graduate (Bachelor)

Required Experience:Not Required

Other Specification

Strong verbal and written communications skills with strong accounting software experience
Proficiency with MS Office (Excel / Word) and experience with hotel PMS systems

Education : CA (Charted Accountant) or Bachelor's Degree in Finance or Graduate in Accounting

Experience : 5 to 6 years demonstrated accounting experience, in a hospitality or food and beverage environment

Skills Required

Required skills for this job

Accounting

Reporting

Recording

Account Management

Account Coordination

Salary

Offered financial and non-financial compensation for this job

Offered Salary:Not Disclosed

Applying Procedure

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Apply Before: Dec 20, 2020

About the organization

Lake View Resort

Hotels / Resorts / Restaurant

126 Main Street, Pokhara

Located at the heart of tourist hub Lakeside, Lake View Resort offers an experience like no other. From the spectacular view to the friendly, professional staff, and amazing accommodations, we ensure that our guests will be fully satisfied with what we have to offer. Along with the postcard view of Phewa Lake and the Himalayas, our resort also boasts 100,000 square feet of lush greenery. Our accommodations include 21 deluxe bedrooms and not to mention, we are the only resort to offer luxury huts for those who wish to reside in a more spacious and private environment. If you wish to indulge in a local experience with a global mindset, Lake View Resort will be able to cater to your needs.

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