Manager - Finance & Accounts (Hospitality Industry)
King Group Hospitality · Dubai, United Arab Emirates
Apply & track with Apply EdgeJOB PURPOSEThe Accounts & Finance Manager will be responsible for managing day-to-day accounting and financial operations across King Group Hospitality, ensuring accurate financial reporting, statutory compliance, effective cash-flow management and strong financial controls.KEY RESPONSIBILITIES1. Accounting & Financial Management· Manage day-to-day accounting operations, including accounts payable, accounts receivable, general ledger and bank transactions.· Ensure accurate and timely recording of all financial transactions.· Prepare monthly, quarterly and annual financial statements.· Monitor revenue, expenses, receivables, payables and cash flow.· Conduct regular bank, ledger and balance-sheet reconciliations.2. Hospitality / Restaurant Accounting· Monitor daily sales and revenue reconciliation across India, UAE, Thailand, Bali restaurants and cloud kitchen along with HO.· Reconcile POS, online delivery platforms, cash, card and digital payment collections.· Verify outlet-wise expenses, purchases and inventory-related transactions.· Monitor food cost, beverage cost and other operating expenses.· Identify discrepancies and coordinate with operations for timely resolution.3. Accounts Payable & Receivable· Manage vendor invoices, payments and outstanding balances.· Ensure timely customer billing and collection follow-ups.· Maintain accurate vendor and customer ledgers.· Review ageing reports and take corrective action on overdue receivables.4. MIS & Management Reporting· Prepare monthly MIS reports for management· Provide outlet-wise profitability and financial analysis.· Prepare budgets, forecasts and variance reports.· Provide management with insights on revenue, costs, margins and financial performance.5. Taxation & Statutory Compliance· Ensure timely compliance with GST, TDS, Income Tax, PF, ESIC and other applicable statutory requirements.· Coordinate with auditors, consultants and government authorities as required.· Maintain complete documentation and records for audits and statutory requirements.6. Audit & Internal Controls· Coordinate internal and external audits.· Ensure proper accounting documentation and supporting records.· Strengthen financial controls and identify areas of financial risk.· Implement processes to minimize errors, leakages and financial discrepancies.