IHCL Hiring for Accounts Assistant – Credits at Pune Full Time

Job Responsibilities
· To ensure the adherence of Standard Accounting procedures (GAAP) in all the accounting operations.
· Investigate all credit requests, determine their credit worthiness and assign credit limits.
· Review high balance report prepared by the night auditor and take necessary steps to ensure credit status is maintained.
· Chase overdue payments through various modes & Prepare reports and actions taken on payment recovery from overdue accounts
· Ensure that all folios transferred to city ledger have been checked and correctly transferred.
· Allocate payments received to correct account and ensure that all receipts are posted.
· Chair the credit review meetings and decide on action taken to recover outstanding debts.
· Review conference and banquet diary to ensure that credit approvals are being sought and deposits being taken according to policy.
· Ensure compliance with various statutory requirements & manage cash flow.
· Timely completion of Statutory and Internal Audit without any qualifications.
· To assume responsibility for preparing all MIS reports, to develop a more informative database for improved management decision-making.
· Inform & advise the departmental heads (Sales, F&B etc) on the debt positions of various accounts/guests.
· Develop departmental trainers in association with the training department & oversee all the training activities within the department.
· Maintain regular contacts with all the corporate accounts and other debtors.
· Stay informed the latest amendments in commercial laws, tax structures and other developments in the financial world.

Job Requirements

• To ensure the adherence of Standard Accounting procedures (GAAP) in all the accounting operations.
• Monitor timely preparation and submission of periodic reports to external and internal users.
• Assist the Financial controller in ensuring all financial activities, maintenance of accounts, compliance with statutory requirements, & management of cash flow.
• Monitor the timely preparation of accounts payable / receivable / payroll statements, income and expenditure statements etc.
• Assist the Financial controller in budgetary control to ensure desired financial performance with emphasis on profit maximization through revenue enhancement and strict expenditure controls.
• Maintain records, registers and documents in order to facilitate internal and external audit.
• Perform the monthly book closing and prepare the reconciliation report.
• Authorize various bill payments and monitor preparation and delivery of cheques to various suppliers, travel agents etc.
• Assist the Financial controller in preparation of the balance sheet and the profit & loss statements for the hotel.
• Liaise with banks, financial institutions and other government authorities on various financial matters.
• Prepare MIS reports, to develop a more informative database for improved management decision-making and critical evaluation of activities.
• Stay informed the latest amendments in commercial laws, tax structures and other developments in the financial world.

Job Type: Full-time