Chief Accountant

Department Icon Accounting & Finance
137+ Applicants
Posted: 2 weeks ago
0-1 years
Goa, Goa
work from office

Posted: 2 weeks ago
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Applicants: 137+
Job Description
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Job Description

Organization- Hyatt Centric Candolim Goa
Summary
  • Ensures that the Departments operational budget is strictly adhered to, that all costs are controlled and expenditures are properly approved.
  • Ensures that all hotel, company and local rules, policies and regulations relating to financial record keeping, money handling and licensing are adhered to, including the timely and accurate reporting of financial information.
  • Compiles in conjunction with the General Manager and Department Heads all budget and forecasts relating to all activities of the hotel and the maintenance of all budget control procedures.
  • Implements local accounting procedures ensuring compliance with the local government regulations, after approval from the area/corporate offices.
  • Supervises, scrutinises and approves monthly journal entries, balance sheet and income statement.
  • Prepares and interprets the financial statements and reports for the hotel.
  • Audits the accounts, records and transactions of the hotel, aided by the ongoing efforts to streamline internal control procedures.
  • Reviews the monthly bank reconciliation statements.
  • Scrutinises the monthly financial reports, to investigate unusual variations and to prepare comments to be attached to the report.
  • Verifies the prepaid expenses, ensuring deferred charges are up-to-date and in agreement with the books.
  • Administers and controls cash management which includes investing in time deposits in banks approved by area office and the Owning Company, as well as obtaining other banking facilities whenever necessary.
  • Understands Hyatt Internationals and the hotels tax obligations, using the assistance of locally appointed auditors or tax experts.
  • Assists the General Manager and Department Heads in the compilation forecasts covering all activities of the hotel.
  • Assists the General Manager in the preparation of Capital Expenditure Authorisation Request.

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  • Maximises employee productivity through the use of multi-skilling, multi-tasking and flexible scheduling to meet the financial goals of the business as well as the expectations of the guests.
  • Directs employees to ensure productivity meets standards given in accordance with Hyatt Design Standards and Criteria and the Hyatt International Finance Operations Manual.
  • Focuses attention on improving productivity levels and the need to prudently manage utility/payroll costs within acceptable guidelines ensuring optimum deployment and energy efficiency of all equipment
  • Chairs the Financial Review Meeting and Credit Meetings.
  • Ensures new technology and equipment are embraced, improving productivity whilst taking work out of the system.
  • Reviews and approves all invoices and Purchase Requests involving hotel equipment and supplies etc.
Qualifications
Graduation

Skills

AccountingBank ReconciliationCash ManagementFinancial StatementsJournal EntriesReconciliation StatementsRecord KeepingTransactionsBalance SheetFinanceCashReconciliationAccountantChief Accountant

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Important dates & deadlines?

Application Deadline

30 May 26, 01:19 PM IST

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