FabHotels - Assistant Manager - Finance (5-9 yrs)

About Company:

Simply put, we are a new age budget hotels brand, now with 600+ hotels in 50+ Indian cities. We faced a huge problem finding a reliable, trustworthy and value for money accommodation wherever we travelled, and unwillingly, ended up spending on top-end hotels instead. This was a problem that a lot of our friends faced as well! Hence we decided to do something about it. We decided to launch our own brand of budget hotels!

Job Summary:

As a Senior Finance Executive, Accounts will support the accounting department in managing financial transactions, ensuring compliance with regulations, and assisting in the preparation of financial reports. This role requires strong analytical skills, attention to detail, and the ability to work collaboratively within a team.

Key Responsibilities:

- Supervise daily bookkeeping operations, ensuring that all financial transactions are accurately recorded.

- Manage the general ledger, ensuring all entries are accurate and complete.

- Assist in the preparation of monthly and annual financial statements and reports.

- Reconcile vendor statements, resolve discrepancies, and communicate effectively with vendors.

- Implement and maintain effective bookkeeping practices and procedures.

- Collaborate with the accounting team to prepare for audits and respond to inquiries from external auditors.

- Oversee accounts payable and receivable, ensuring timely processing and compliance with company policies.

- Train and mentor junior accounting staff in best practices for bookkeeping and financial record management.

- Ensure compliance with relevant regulations and internal controls related to financial reporting.

- Generate financial reports as needed to support decision-making processes.

Qualifications:

- Bachelor's degree in accounting, Finance, or a related field.

- 5-9 years of experience in bookkeeping or accounting.

- Strong understanding of accounting principles and financial reporting.

- Proficiency in accounting software (e.g., Tally etc.) and Microsoft Excel.

- Excellent attention to detail and organizational skills.