Mahen Prasad Email and Phone Number

 Ensure Financial Statement is prepared accurately. Ensure goals including performance goals, budget goals, team goals, etc are achieved. Submission of reports is done in timely manner so deadlines are met. Monitor all taxes that apply, ensuring that taxes are current, collected and/or accrued. Provides excellent leadership by assigning team members and other departments managers' clear accountability backed by appropriate authority. Monthly P&L discussion with HOD to be accountable for their financial performance. Improves profit growth in operating departments. Reviews audit issues to ensure accuracy. Provides analytical support during budget reviews to identify cost saving and productivity opportunities for managers. Leads the development and implementation of a comprehensive annual business plan which is aligned with the company's and brand's strategic direction. Attend quarterly review meeting with corporate team and owners

•Effectively manage the financial reporting process, Prepare Monthly P&L, Recs and Monthly Review Report.•All Financial Issues. Includes Daily, Weekly, Monthly & Yearly Financials and Performance as well as Audit and Taxation issues. •Prepare and Lodge Monthly GST Return, PAYG, FBT and Superannuation return•Prepare and provide financial guidance on budget, forecast and strategic business plan.•Ensure integrity and viability of business proposals, short and long term and prioritize resources to optimize the divisional performance.•Evaluate current performance and facilitate the development of financial objectives / targets to optimize performance.•Preparation of year end accounts, liaise with Internal and External auditors and ensure internal controls are maintained at the hotel.•Manage cost recovery through effective implementation of negotiating new contracts with suppliers and attend any legal matters. •Formulate Budget and Business Plan. This includes all Financials, KPI’s, and Sales & Marketing Plan, yield management, 5 year Capital Expenditure and 5 year Cash flow. All presented to the Board. •Attend quarterly review meeting with corporate team and owners

•Prepare and provide financial guidance on budget, forecast and strategic business plan.•All financial issues. Includes Daily, Weekly, Monthly and Yearly Financials and Performance as well as Audit and Taxation issues.•Manage the Finance and Business Support function of the Hotels including Accounts, Payroll, Information Technology and Purchasing, •Ensure compliance with relevant CSA requirements and maintain Internal Audit Controls.•Manage cost recovery through effective implementation of smart save initiatives. •Prepare Monthly P&L, Balance Sheet and reconcile Balance Sheet reconciliation.•Manage the external owners Audit

•Preparation on monthly financial reports.•Preparation of operational budgets, Capital budget, cash flows and monthly management reports.•Prepares outlooks for forthcoming months and forecasts for the remainder of the year. •Supervise and support the accounts team (Accounts Payable, Accounts Receivable and Payroll) IT Support (IT Officer) and purchasing team (Purchasing clerk and cost controller).•Provides administrative support to Management with reference to policy enforcement, business advice and operational assistance.•Conduct Periodic audits of departments and assist external / internal audits engaged. •Analysis of financial information monitors budgeted versus actual expenditures and advice management about variances and their potential causes.•Providing support to the Executive Managers in day to day running of the business. •Work with Department heads to perform ad Hoc cost benefit analysis on various day to day work. •Attend Board and owners meeting to discuss Financials and operations of the hotel.