Reporting To: General Manager & Corporate Sr. Manager Finance
Grade: As per Unit Grades
Supervises: Unit Finance Team
Finance Team at Fortune Park Hotels Ltd (CHQ)
Unit Human Resources team
Government and Tax Authorities
Main responsibilities & duties
Statutory and Legal Compliances
Monitor and ensure statuary compliance of states.
Renewal of all licenses related to Hotel operations as per relevant statutes.
Ensuring compliance with GST and filing of all returns as per the CGST and SGST Acts.
Certifying the TDS certificate and filling all returns as per income tax act
Liaising with DGFT and Customs& Central Excises for availing benefits available Under Service
Exports From India Scheme(SEIS)
Periodical visits to the Banks/Excise Office/Sales Tax office and maintaining good liaison with
Monitor compliance of agreement between FPHL and Owner.
Co-ordinating with statutory auditors for finalizing accounts.
Implement and administer internal control systems policies and procedures in compliance with
corporate policies to ensure that the company and owners interest in the property and business
Manage the Hotels working capital to maximize cash inflows and minimize cash outflows to
protect the interest of FPHL and owners without compromising product quality.
Review and approve all purchase commitments, cash disbursements, rebates, allowances and
accounting adjustments in conjunction with General Manager, in compliance with internal
control policy and budgetary guidelines.
Tapping better ACR ratio and organizing Contact Credit Committee Meeting with Unit General
Manager, Front Office Manager, F&B Manager and Credit Manager
Executing system and procedures for achieving cost efficiencies.
- To administer, control and develop the accounting function of the Hotel on the basis of the
uniform system of accounts and to protect the owner s interest in the hotel assets &
- To provide accurate and complete financial and management reports on a timely basis to the
hotel managerial personnel, FPHL Corporate office and owners in accordance with the
company and ownership reporting requirement.
Timely processing review evaluation and approval of all inputs which will result in the production
and distribution of monthly financial statements and reports / GMML including review /
preparation of all account analysis on a monthly basis.
Coordinate, finalize and submit Annual Business Plans of operating results
Mapping cost and profit performance of all departments against plan at regular intervals while
offering recommendation for the corrective action
Technical skills
Business Skills Strong understanding of Accounting Standards, Accounting Principles, Direct Taxes, Indirect Taxes, Uniform System of Accounts for Lodging Industry. Excellent eye for detail and ability to work independently in tight deadlines Robust organization and time management skills
Ability to work collaboratively with all HODs across the unit.
Computer Skills Advanced PC skills including Word, Excel, PowerPoint and Outlook
Should be able to independently create business case presentations,
detailed excel reports/ analysis for internal/ external stakeholders.
Communication Skills Demonstrated effectiveness in written and verbal communication
Business Travel As and when required.
Education Master s Degree in Commerce/ Business Finance/ Business
Experience Proficiency in Microsoft Office applications and ERP Systems Working knowledge of Accounting Standards, Taxation Laws, Working Capital Management, Financial Planning and Reporting. 5-8 years of relevant experience in same or similar job role.
FPHL Leadership competencies
Demonstrates conceptual ability
Displays ability to sense emerging changes.
Spots trends and patterns and identified key issues from a mass
Grasps information quickly; picks up nuances, subtleties.
Understand hoe his/her role impacts others in the function.
Displays a logical thought process in day to day operations.
Information from diverse sources to make effective ground
Recognises implications of decisions and alternatives.
Can see things through the eyes of the customers.
Is aware of internal and external customer needs.
Has a fair understanding of the business.
Looks at work issues from the customers point of view.
Is always pre-occupied with delivering the value preposition of
Displays an understanding of the existing infrastructure,
processes and tools used to deliver quality products and services.
Is able to discern the various elements of the company s
competitive vis a vis competition
Energetic, competitive, persuasive and results oriented.
Has knowledge of internal and external resources.
Come up with fresh ideas.
Demonstrates a high degree of preparedness.
Displays a good planning, organizing, prioritizing and monitoring
skills.
Displays cost consciousness and an overriding desire to get best
value for money spent.
Takes regular feedback and guidance to successfully achieve
Exhibits initiative in taking on higher responsibilities and works
Contributes meaningfully to discussions involving his/her area.
Uses mistakes as learning opportunities. Is open to feedback.
Enhance knowledge /skills base on an on-going basis.
Execute all relevant compliances and documentation within
Thinks out of the box
Can quickly comprehend the need for the change.
Open minded when presented with the new perspectives.
Is comfortable with and gets used to new situations easily.
Is able to identify and remain focused to achieve desired results
even in unstructured situations.
Asks questions. Challenges and suggests alternatives and more
