Anand Gowda

Background

About Anand Gowda

The Assistant Finance Manager specializing in Procure-to-Pay (P2P) and Record-to-Report (R2R) processes at Marriott Hotel is a key member of the finance team responsible for overseeing and optimizing financial operations related to procurement, accounts payable, general ledger management, and financial reporting. This role plays a crucial part in ensuring the accuracy, efficiency, and compliance of financial processes within the hotel, while also supporting strategic decision-making. Key Responsibilities: Procure-to-Pay (P2P) Process Management: Oversee the procurement process from requisition to payment, ensuring compliance with Marriott's procurement policies and procedures. Collaborate with department heads and vendors to optimize purchasing practices, negotiate contracts, and manage vendor relationships effectively. Implement and maintain systems for purchase order processing, invoice verification, and payment processing to streamline operations and minimize errors. Monitor procurement metrics and KPIs to identify opportunities for cost savings, process improvements, and enhanced vendor performance. Record-to-Report (R2R) Process Oversight: Manage the general ledger and financial accounting activities, including journal entries, account reconciliations, and month-end close processes, in accordance with Marriott's accounting standards and guidelines. Work Roll in Managing the departments (AR, AP, Income Audit & General cashier) Month End Closing. Credit card reconciliation. Payment follow-up. Sending balance confirmation on quarterly basis. Preparing Audit requirements. Cash reconciliation on a daily basis. Conducting Float and surprise audits on a monthly basis. Preparing Hospitality reports on a daily basis (Fiat). Covers upload on a daily basis. Conducting CRM on a monthly basis and circulating Minutes of meetings. P&L Review on a monthly basis. Bank Reconciliation days to days closing Reviewing all ledger details guestledger, city ledger and depositledgers to validate proper payment and revenue posting Preparation of monthly debtors & creditors statements