Chief Financial Officer - Hospitality Industry

Key Deliverable Areas

To provide strategic financial leadership and operational expertise for a dynamic and expanding chain of clubs, restaurants, and pubs in India and overseas, ensuring financial stability, growth, and compliance.

Key Result Areas (KRAs):

Financial Planning and Analysis:

- Develop and oversee comprehensive financial plans aligned with the company's strategic objectives.

- Conduct regular financial analysis, providing insights and recommendations to drive informed decision-making.

Budgeting and Forecasting:

- Lead the annual budgeting process, collaborating with department heads to establish realistic financial targets.

- Implement a robust forecasting system to monitor and adapt to changing market conditions.

Cash Flow Management:

- Optimize working capital management to ensure liquidity and mitigate financial risks.

- Implement efficient cash flow forecasting models, minimizing idle funds and maximizing returns.

Financial Reporting and Compliance:

- Ensure accurate and timely financial reporting in compliance with regulatory standards.

- Implement and maintain internal controls, conducting regular audits to mitigate financial and operational risks.

- International Financial Management:

- Oversee financial operations for international locations, ensuring compliance with local regulations and optimizing currency risk management strategies.

- Collaborate with regional finance teams to standardize financial practices and reporting.

Capital Investment and ROI Analysis:

- Evaluate potential capital investments and expansion projects, conducting rigorous ROI analysis.

- Monitor and report on the financial performance of investments, recommending adjustments as needed.

Cost Control and Operational Efficiency:

- Implement cost control measures to optimize operational efficiency without compromising service quality.

- Identify and implement process improvements to enhance overall cost-effectiveness.

Financial Strategy and Stakeholder Communication:

- Develop and communicate financial strategies to support the company's growth objectives.

- Collaborate with executive leadership to provide financial insights for strategic decision-making.

Treasury Management:

- Oversee treasury functions, including banking relationships, debt management, and investment strategies.

- Evaluate and negotiate financial instruments to optimize the company's capital structure.

Mergers and Acquisitions (M&A):

- Lead financial due diligence for potential acquisitions, ensuring alignment with business objectives.

- Manage financial aspects of mergers, acquisitions, and divestitures, including post-transaction integration.

Risk Management:

- Develop and implement a comprehensive risk management framework, identifying and mitigating financial and operational risks.

- Ensure compliance with insurance requirements and optimize risk mitigation strategies.

Corporate Governance and Ethics:

- Uphold the highest standards of corporate governance and ethical practices.

- Collaborate with legal and compliance teams to ensure adherence to all relevant laws and regulations.

Qualifications and Experience:

- Minimum of 10 years of progressive financial leadership experience in the hospitality industry.

- Chartered Accountant (CA) or equivalent qualification.

- Proven experience managing financial operations for international locations.

- Strong analytical, communication, and leadership skills.