JAYESH MS

* Leadership, ownership, and full responsibility of work assigned.

* No. 2 Finance position in Holiday Inn Cochin, assisting Director of Finance and Business Support.

* Handling complete finance operation of the hotel with 11 finance staff reporting to me: Credit Manager and 3 credit and receivable staff, Cost Controller and General Accountant, Income Auditor and Payable Accountant, General Cashier, and a Receiving Staff.

* Month-end closing, Bank Reconciliation, G/L Reconciliation, Credit Control and Receivable Collection, Inventory Management, P&L Analysis, F&B Cost analysis.

* Assisted with preparation of end-of-month accounts, via posting of journals, input of expenditure accruals, and reconciliations. Assisted the Director of Finance and Business Support Manager with all delegated assignments.

* Ensured that corporate and OWNCO deadlines are met and ensured that they are accurate, reliable, and in compliance with accounting policies, standards, related tax laws, and regulations, and are timely submitted.

* Interacted with internal and external auditors for developing audit schedules, performing audits, and reporting.

* Prepared and submitted forecast reports and monthly reporting to the corporate office, supervised the accounts department in the absence of the DOF.

* Interacted with individuals outside the hotel, including the hotel's bank, tax auditors, and IHG corporate offices.

Prepared monthly financial statements and ensured that all necessary information is distributed to department heads and executives.

* Timely document preparation and attending the hearing of tax assessment.

* Reviewed inbound documents on procurement of payment to suppliers and liaison with respective teams/departments.

* Assisted in account reconciliations, preparation of related financial reports, forecasts, presentations, memorandums, and correspondence, and coordinated with other departments concerning accounting-related matters and internal control.

* Negotiated with vendors/suppliers, increased the Cash Flow, and Profit share for Owners.

* Developed and implemented individual training programs and molded potential employees to meet future requirements of finance resources.

* Conducting Credit Meetings twice a month and PM Meeting to verify the risk of payments lying under credits, and to intimate and alert sales to get the payments cleared from the company or Travel agents within the credit period.

* Performed all aspects of revenue control for all operating departments and kept the management well informed on all findings.

* Preparation of daily revenue reports as per IHG standard.

Conducted surprise spot checks to all revenue-generating outlets periodically to ensure that revenue control PNP's are followed properly.

* Prepare financial statements for the hotel and conduct monthly P&L meetings.

* Assisted with preparation of end-of-month accounts, via posting of journals, input of expenditure accruals, and reconciliations.

* Bank and G/L reconciliation formats were done excellently.

* Approve or reject credit requests, based on credibility and potential revenues and losses.

* Monitoring the in-house high balance report and timely intimation to front office in case of suspicious activities, to reduce financial loss due to frauds and Skippers.

* Maintaining and closely monitoring the PM bills, which are temporary credit given by sales. Creating reports on a weekly basis and circulating them to the Sales department for the closure of PM bill payments.

* Check the Room Rate Discrepancy Report to ensure that all rate changes, upgrades, etc. Have been properly authorized.

* Review all entertainment dockets and officers' checks, ensuring that all are authorized and signed with the appropriate level of detail. * Audit the telephone and internet interface reports to ensure all the respective revenue has been posted.
* Ensure the relevant Front Office and Outlet reports are printed, audited, and filed in chronological order.
* Verify transactions posted in the daily report, including, but not limited to, credit cards, city ledger, crew allowances, paid outs, allowances and rebates, miscellaneous charges, voiding, car park revenues, and room safe keys.

* Handling daily operations.

* Purchase requirements and Cash Management

* Store and Store Inventory Management.

* P&L preparation

* Invoice posting to Peachtree Software.

* Handled General Cashier function, also along with Payroll function.

* Cashiering.

* Posting invoice to Tally.

* Daily Revenue and Collection Report Preparation.

* Inventory Management

* Invoice posting to Tally.

* C-Form Preparation

* Documents Submission to Government Offices.

* Tax Audit.