drjobs Finance Executive

Finance Executive

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1 Vacancy
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Job Location drjobs

Mumbai - India

Monthly Salary drjobs

INR 600000 - 800000

Vacancy

1 Vacancy

Job Description

Position Overview
We are seeking an experienced Finance Executive to join our Finance Department. This role is ideal for professionals with a strong background in finance particularly within the hospitality and insurance sectors. The successful candidate will have 3 to 5 years of experience in financial management analysis and reporting within these industries. They will play a key role in strategic financial planning budgeting compliance and risk management ensuring financial efficiency and regulatory adherence.
Key Responsibilities
Financial Analysis & Reporting
  • Prepare analyze and present financial statements reports and key performance indicators (KPIs) for hospitality and insurance operations.
  • Ensure accuracy and compliance with financial regulations and standards.
Budgeting & Forecasting
  • Assist in the development and management of departmental budgets within the hospitality and insurance sectors.
  • Provide financial insights forecast trends and recommend cost optimization strategies.
Cost Management
  • Monitor and analyze operational costs revenue generation and expenses to improve financial efficiency.
  • Identify areas for cost reduction while maintaining service quality.
Accounts & Transaction Management
  • Oversee daytoday financial transactions including accounts payable/receivable payroll and reconciliations.
  • Ensure smooth processing of invoices claims and financial transactions related to hospitality and insurance services.
Compliance & Risk Management
  • Ensure compliance with local state and federal regulations in finance and insurance sectors.
  • Assist with audits tax filings and risk assessments while addressing financial compliance queries.
Financial Strategy & Planning
  • Provide datadriven insights and recommendations to senior management on financial performance.
  • Support investment decisions profitability analysis and resource allocation strategies.
CrossDepartment Collaboration
  • Work closely with hospitality administration insurance claims teams and business units to provide financial support and enhance operational efficiency.
Financial Systems & Technology
  • Utilize financial software to track and analyze transactions and improve financial data management.
  • Assist in the implementation of new financial systems or tools for enhanced reporting and efficiency.
Internal Controls & Safeguarding Assets
  • Develop and enforce internal financial controls to protect company assets and ensure best financial practices.
Qualifications
Educational Background
  • Bachelor s or Master s degree in Finance Accounting or a related field.
  • Professional certifications such as CFA CPA or similar are a plus.
Experience
  • 3 to 5 years of experience in financial management accounting or analysis within the hospitality or insurance sector.
Key Skills
  • Strong understanding of hospitality and insurance financial practices including revenue cycle management claims processing and healthcare billing.
  • Proficiency in financial software ERP systems and Microsoft Excel.
  • Strong analytical problemsolving and criticalthinking skills.
  • Excellent communication skills with the ability to explain complex financial data to nonfinancial stakeholders.
  • Indepth knowledge of regulatory requirements in the hospitality and insurance industries.

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Employment Type

Full Time

Company Industry

About Company

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