Finance Executive

Job description

Company Description

Hotel Centre Point, established in November 1988, is a distinguished 5-star property located in Nagpur, Maharashtra. The hotel offers 136 luxurious rooms, 14 banquet halls, and multiple dining options, including a fine-dining restaurant, a 24-hour coffee shop, and a bespoke buffet area. Renowned for exemplary service, it also provides round-the-clock room service, catering to a wide range of guest needs. The group is expanding with upcoming ventures in Navi Mumbai, Amravati and Goa, ensuring further opportunities for growth and innovation in hospitality.

Role Description

This is a full-time, on-site role-based Hotel Centre Point in Nagpur for a Finance Executive.

Banquet Billing Management

• Handle end-to-end billing for banquet events, including weddings, conferences, and corporate functions
• Verify contracts, event orders, and consumption details before invoice generation
• Ensure timely and accurate invoice preparation and dispatch to clients
• Coordinate with Sales and Banquet teams for billing clarifications and approvals
• Monitor advance payments, credit terms, and outstanding balances
• Reconcile banquet revenue with POS/system reports

OTA Commission & Reconciliation

• Verify OTA bookings (e.g., Booking.com, Expedia, Go Ibibo) against PMS records
• Calculate and validate OTA commission invoices
• Reconcile OTA statements with internal records and resolve discrepancies
• Ensure timely processing and payment of OTA commissions
• Maintain proper documentation for audits and reporting

Reporting & Analysis

• Prepare periodic reports on banquet revenue, receivables, and OTA commissions
• Highlight discrepancies, leakages, or unusual trends
• Provide insights to improve billing accuracy and revenue realization

Qualifications

• Strong skills in Financial Statements preparation and Financial Reporting
• Proficiency in Finance and compliance with Goods and Services Tax (GST) regulations
• Well-developed Analytical Skills to ensure accurate financial insights and decision-making

Strong organizational skills and attention to detail

• Proven ability to meet deadlines and work effectively under pressure
• Relevant educational background such as a bachelor’s degree in finance, Accounting, or related field

Professional certifications like CA, CMA, or similar qualifications are a plus

• Familiarity with PMS, POS systems, and OTA extranets
• Experience in hotels or banquet-heavy operations
• Knowledge of GST and invoicing compliance (India-specific)
• Experience with accounting software (e.g., Tally, SAP, Oracle, IDS)