Accounts Executive

Company: Hotel Saket 27 – A Unit of BMB Resorts Pvt. Ltd.

Location: Saket, New Delhi

Department: Accounts & Finance

Position: Accounts Executive

Salary: ₹30,000 – ₹35,000 per month (depending on experience and suitability)

Work Mode: Full-time | On-site

Working Days: 6 Days a Week

Joining Preference: Immediate Joiners Preferred

We are looking for an experienced and detail-oriented Accounts Executive with hands-on experience in the Hotel / Hospitality Industry. The candidate must have practical working knowledge of IDS Hotel Software, hotel accounting operations, revenue auditing, billing, cash management, vendor reconciliation, and statutory compliance.

The candidate will be responsible for managing day-to-day hotel accounting operations, ensuring accurate financial records, monitoring revenue transactions, and coordinating with various hotel departments.

Key Responsibilities

1. Hotel Accounting & IDS Software

• Mandatory hands-on working experience with IDS Hotel Software.

• Manage daily accounting transactions through IDS and other accounting software.

• Maintain day-to-day hotel financial records, journal entries, ledger postings, and reconciliations.

• Verify hotel revenue postings and ensure accurate financial reporting.

• Coordinate with Front Office for room revenue, guest billing, settlements, and night audit discrepancies.

2. Revenue Audit & Night Audit

• Verify daily revenue generated from Rooms, Food & Beverage, Banquets, and other hotel outlets.

• Check daily revenue reports, occupancy reports, room rates, discounts, and complimentary room postings.

• Verify KOTs, BOTs, void bills, discounts, and complimentary transactions.

• Identify revenue leakages and report discrepancies to management.

• Coordinate with Front Office and Night Audit teams.

3. Accounts Payable

• Verify vendor invoices against purchase orders and GRNs.

• Process supplier payments as per approved payment schedules.

• Maintain vendor ledgers and reconcile outstanding balances.

• Ensure proper documentation of all purchase and payment transactions.

4. Accounts Receivable

• Handle corporate billing, guest invoices, and credit accounts.

• Monitor outstanding payments and follow up for timely collections.

• Maintain debtor ageing reports.

• Coordinate with Sales and Front Office for billing and settlement discrepancies.

5. Cash & Bank Management

• Verify daily cash collections from all hotel departments.

• Monitor cash deposits, bank transactions, and bank reconciliations.

• Maintain petty cash records and expense vouchers.

• Ensure proper cash handling and documentation.

6. Inventory & Cost Control

• Coordinate with Purchase and Stores for stock verification and reconciliation.

• Monitor food and beverage costs.

• Verify purchase entries, stock consumption, and inventory records.

• Assist in monthly stock audits and cost analysis.

7. GST, TDS & Statutory Compliance

• Assist in GST returns, TDS calculations, and statutory compliances.

• Maintain accurate records for taxation and audit purposes.

• Coordinate with external consultants and auditors.

• Prepare MIS reports and financial statements as required.

8. Interdepartmental Coordination

• Coordinate with Front Office, Food & Beverage, Kitchen, Purchase, Stores, Housekeeping, Sales, and HR.

• Ensure timely submission of departmental financial reports.

• Maintain confidentiality of financial and company information.

Eligibility & Qualifications

• B.Com in Accounting, Finance, or Commerce is mandatory.

• M.Com / MBA Finance / CA Inter will be an added advantage.

• 2–4 years of relevant experience in hotel accounting.

• Previous experience in a hotel or hospitality organization is strongly preferred.

• Mandatory: Practical working knowledge of IDS Hotel Software.

• Knowledge of Tally and MS Excel is preferred.

• Good understanding of hotel revenue audit, billing, cash management, and cost control.

Required Skills

• Strong knowledge of hotel accounting operations.

• Hands-on experience with IDS Hotel Software.

• Knowledge of GST, TDS, and statutory compliance.

• Strong Excel and reconciliation skills.

• Accuracy, integrity, and attention to detail.

• Ability to work under pressure and meet deadlines.

• Good coordination and communication skills.

• Work Location: Hotel Saket 27, Saket, New Delhi.

• Work Mode: Strictly On-site. No Remote or Work-from-Home facility.

• Working Schedule: 6 Days a Week.

• Joining: Immediate joiners will be preferred.

• Candidates without relevant hotel industry accounting experience and practical IDS Software knowledge are requested not to apply.

• It is a Full Time Accountant job for candidates with 3 - 5 years of experience.