Finance Manager

Raffles Udaipur opened in 2021, its ornamental gardens, tumbling fountains and stately Indo-Saracenic architecture describing a love story between India and the West. Set on a 21-acre private island rich with birdlife and exotic flora and fauna, this contemporary reimagining of a country mansion is the first Raffles hotel in India.

Just 20 minutes from the airport, Raffles Udaipur spans a private island and serene lakeshore. Begin your journey with a graceful boat ride, guided by migratory birds. Discover 137 rooms and suites, 10 dining experiences, two pools, wellness rituals, and the timeless care of the Raffles Butler.

We are seeking an experienced and detail-oriented Finance Manager to join our organization in Udaipur, India. In this pivotal role, you will oversee all financial operations, lead a dynamic finance team, and drive strategic financial planning to support organizational growth. You will be responsible for ensuring accurate financial reporting, maintaining robust internal controls, and providing actionable insights to senior management. This is an excellent opportunity for a collaborative and analytical professional who is passionate about financial excellence and team development.

**Financial Reporting & Compliance**

Oversee the daily operations of the Finance Department and ensure accurate, efficient workflow

Manage month-end and year-end closing processes in accordance with established timelines

Prepare statutory financial statements, management accounts, and comprehensive Profit and Loss reports

Ensure compliance with accounting standards, tax regulations, and organizational financial procedures

Maintain effective internal controls and segregation of duties across all financial functions

Coordinate with external auditors and tax authorities on audit and compliance matters

**Accounts Management**

Supervise and review Accounts Payable and Accounts Receivable activities

Ensure timely processing of invoices, payments, and collections

Monitor outstanding receivables and follow up on overdue accounts

Verify cash, credit card, and other payment transactions for accuracy

Investigate discrepancies and implement corrective actions

**Budget & Cost Control**

Prepare annual budgets and financial forecasts in collaboration with department heads

Monitor departmental expenses against approved budgets and analyze variances

Provide strategic recommendations to management for cost optimization and efficiency improvements

Support and drive effective cost-control initiatives throughout the organization

Analyze revenue reconciliation and identify opportunities for financial improvement

**Team Leadership & Development**

Lead, motivate, and develop the Finance team, fostering a culture of collaboration and accountability

Provide coaching, training, and mentorship to improve team performance and professional growth

Ensure work is completed accurately and within established deadlines

Promote teamwork, professional standards, and continuous improvement within the Finance Department

Create a supportive environment where colleagues feel trusted and inspired to grow

**Internal Controls & Risk Management**

Establish and maintain strong internal controls to safeguard organizational assets

Identify financial risks and recommend appropriate control measures

Assist with internal, external, and statutory audits

Maintain proper financial records and supporting documentation

Ensure transparency and accountability in all financial transactions

**Payroll & Inventory Coordination**

Review monthly payroll and related financial reports for accuracy and compliance

Verify payroll-related costs, deductions, and supporting documentation

Coordinate with Human Resources to ensure payroll accuracy and regulatory compliance

Monitor inventory reports and investigate significant variances

Support regular stock-taking and ensure proper inventory controls

**Education**

Bachelor's degree in Accounting, Finance, Economics, or a related discipline

**Professional Experience**

Significant professional accounting and finance experience with a proven track record of success

Demonstrated experience in a senior finance or team leadership position

Practical experience in statutory reporting and managing month-end and year-end closing processes

Experience working with external auditors, tax authorities, and regulatory bodies

Proven ability to lead, coach, and develop accounting and finance teams

Experience in budget management, cost control, and financial forecasting

Background in accounts payable, accounts receivable, and revenue reconciliation

**Technical Skills & Tools**

Advanced proficiency in Microsoft Excel and financial modeling

Hands-on experience with accounting systems and financial software

Strong analytical and problem-solving abilities

Excellent organizational and time management skills

Proficiency in financial analysis, reporting, and data interpretation

**Knowledge & Expertise**

Comprehensive knowledge of accounting principles and tax regulations (including VAT and withholding tax)

Strong understanding of internal controls, financial compliance, and segregation of duties

Familiarity with payroll management and inventory control procedures

Knowledge of risk identification and mitigation strategies

**Interpersonal & Communication Skills**

Exceptional attention to detail and ability to meet demanding deadlines

Strong communication and stakeholder management abilities

Collaborative approach with the ability to work effectively across departments

Leadership qualities with a focus on team development and motivation

Professional proficiency in English (written and verbal)

**Preferred Qualifications**

Professional accounting certification (CPA, CA, or equivalent)

Experience in a hospitality, retail, or multi-departmental organization

Familiarity with enterprise resource planning (ERP) systems

Experience with financial forecasting and strategic planning