Manager - Closing & Reporting - CA

• Description:

• Manager Closing & Reporting
• Industry: Hospitality / Hotel
• Department: Finance & Accounts

Job Summary:

The Manager Closing & Reporting is responsible for overseeing month-end, quarter-end, and year-end closing activities and ensuring accurate, timely financial reporting for the hotel. This role ensures compliance with accounting standards, internal controls, and brand/ownership financial guidelines. The position requires strong analytical ability, attention to detail, and expertise in hotel financial operations.

Key Responsibilities:

Financial Closing & Reporting:

• Lead and manage the month-end and year-end closing processes for the hotel.
• Prepare and review P&L statements, balance sheets, cash flow statements, and variance reports.
• Ensure timely submission of financial results to corporate/ownership.
• Analyze financial performance and provide insights on revenue, expenses, and profitability.
• Review daily revenue reports, night audit summaries, and trial balances.

Accounting & Compliance:

• Ensure accuracy of all general ledger entries related to hotel operations.
• Maintain compliance with statutory regulations, internal SOPs, and brand financial policies.
• Work closely with internal and external auditors during financial audits.
• Ensure proper documentation and maintenance of financial records for audit readiness.
• Monitor internal controls and recommend improvements.

Coordination & Support:

• Collaborate with department heads (F&B, Rooms, Housekeeping, Engineering, HR) to gather financial data and validate expenses.
• Support budgeting, forecasting, and financial planning activities.
• Coordinate with procurement, stores, and cost control teams for reconciliations.
• Train and mentor finance team members in closing and reporting processes.

Systems & Tools:

• Manage and review data in PMS (Opera/Fidelio), POS systems, and accounting software (SAP/Oracle/IDS).
• Ensure integration accuracy between front-office and back-office systems.
• Generate reports using MIS tools and dashboards.

Qualifications & Experience:

• CA
• 58 years of experience in hotel financial accounting, with at least 2 years in a similar role.
• Strong understanding of hospitality financial statements
• Proficiency in PMS/POS systems and advanced Excel skills.

Key Skills:

• Strong analytical and reporting skills
• High attention to detail and accuracy
• Understanding of hotel operations
• Ability to meet tight deadlines
• Leadership and team management
• Excellent communication and coordination abilities