Posted by
Posted in
Banking & Finance
Job Code
1732738

Strategic Finance:
- Developing and implementing a comprehensive financial strategy aligned with the organization's business objectives in the hospitality industry.
- Leading the annual budgeting process and providing ongoing financial forecasts and projections to guide strategic decisions.
- Plan, evaluate and finalize fund requirements for meeting capital expenditure and working capital needs.
- Strategizing to maximize shareholders wealth.
Financial Management:
- Overseeing the preparation and analysis of financial statements, performance metrics, and KPIs to assess the financial health of the organization.
- Preparation and review of Management reports every month which will form the basis of strategic decision making including sponsoring cost optimization initiatives.
- Managing capital expenditure planning and allocation for property improvements, renovations, and expansions.
- Developing and implementing cash flow management strategies to ensure adequate liquidity for day-to-day operations and strategic initiatives.
- Ensuring that the effective Income tax rate of the Company is optimized and tax litigation is minimized.
Material Management:
- Developing procurement strategies and finalizing material management budget.
- Reviewing performance of material management function.
- Develop strategic relations with key vendors to optimize the supply chain management.
Corporate Governance:
- Overseeing all regulatory requirements of Secretarial functions are met.
- Reviewing and ensuring compliance with relevant financial regulations, industry standards, and tax requirements.
- Monitoring all licensing requirements are met within timelines.
Information Technology:
- Finalizing strategies for Information Technology interventions including digitization and automation in line with business strategies.
- Reviewing and monitoring IT initiatives for new projects and existing properties including budget, timelines and effectiveness of implementation.
People Development:
- Putting in place a framework, in consultation with HR, for the career growth leadership development and succession planning of the team.
Qualifications:
- CA with 20+ years of total experience in Finance preferably in premier hotels and resorts, 5 - 6 years in leading the core function for a reputed Hotel Group.
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Posted by
Posted in
Banking & Finance
Job Code
1732738