Finance Executive - Holiday Inn Express Chennai OMR Thoraipakkam

Key Responsibilities Financial Operations

• Assist in maintaining complete and accurate books of accounts in line with IHG policies and hotel SOPs.
• Record daily financial transactions including income, expenses, accruals, and journal entries.
• Ensure timely posting of invoices, payments, and receipts in the accounting system.
• Support month-end and year-end closing activities as per deadlines.

Accounts Payable

• Verify vendor invoices against purchase orders, contracts, and receiving reports.
• Ensure accurate coding and timely processing of vendor payments.
• Maintain vendor master data and reconcile vendor statements regularly.
• Coordinate with departments and vendors to resolve invoice discrepancies.

Accounts Receivable

• Assist in billing, posting, and monitoring of guest, corporate, and credit accounts.
• Follow up on outstanding receivables and support credit control activities.
• Prepare AR ageing reports and highlight variances to the Finance Manager.

Cash & Bank Management

• Assist in daily cash reconciliation and monitoring of cash floats.
• Support bank reconciliations and investigate differences in a timely manner.
• Ensure compliance with cash handling and internal control procedures.

Payroll Support

• Assist in payroll data preparation, attendance verification, and deductions.
• Coordinate with HR to ensure accuracy of employee records and payroll inputs.

Compliance & Controls

• Ensure compliance with statutory requirements including GST, TDS, and other local regulations.
• Support internal and external audits by providing required documents and explanations.
• Adhere to internal controls, IHG policies, and ethical standards at all times.

Reporting

• Assist in preparation of daily revenue reports and management summaries.
• Support preparation of monthly MIS, expense analysis, and variance reports.
• Maintain proper documentation and filing of financial records.

Coordination & Support

• Coordinate with other departments to ensure financial accuracy and cost control.
• Provide support to Finance Manager during audits, reviews, and inspections.

• Perform any other finance-related duties assigned by management.

  Skills & Competencies
• Working knowledge of hotel accounting systems and MS Excel.
• Understanding of basic accounting principles and statutory compliances.
• Strong attention to detail and accuracy.
• Good communication and coordination skills.
• Ability to work under deadlines and manage multiple tasks.