OYO Rooms - Head - Finance - CA - South

Financial Control at Regional Level

- Understand and familiarize different OYO businesses and supplier relationship including but not limited to owner contracts.

- Ensure strong understanding of different taxes, fees and commission applicable to hotel partners.

- Understand the computation and calculation methodologies used at OYO for reconciliation.

- Understand and familiarize with different Automatic Reconciliation system deployed at OYO.

- Guiding city accountants in different matters related to reconciliation, taxation and accounting.

- Collect daily updates from city accountants on different reconciliation issues being raised, highlighting recurring issues and taking appropriate action to solve issues.

- Track and ensure dispute closure within the target TAT. Follow-up with city accountants / Business owners on the unresolved issues.

- Lead the effort on client engagement and dispute resolution through coordination with field teams

- Lead collection effort from hotel partners/owners through owner engagement, collection agency (Headway) management, field team co-ordination (including hub accountants) and escalations to central team.

- Lead collection effort from corporates (BTC recovery) through corporate customer engagement, Micro-Market team (Corporate Sales) coordination and escalations to central team.

- Ensure compliance requirements are met for Fixed Assets tagging, invoice processing etc.

- Travel to different hub-locations under the region for owner engagement, corporate-client engagement and/or dispute resolution.

Regional MIS, MBRM and Annual Operating Plan (AOP) Execution

- Coordinate and lead collection effort from owners and corporates. Publish weekly MIS on the status of collection, key issues/challenges and steps taken to address the issues.

- Compile weekly MIS from the city accountant on dispute resolution and reconciliation and publish a regional MIS highlighting key issues/gaps and resolution steps to be taken.

- Verification of the regional MIS with all hub-heads to ensure data sanctity.

- Preparation of regional MIS for Monthly Business Review Meeting (MBRM).

- Ensure the execution of Annual operating plan (AOP) along with revenue and cost management.

- Tracking of revenue and cost of the region. Proactively highlight risks to cost and revenue.

- Ensure timely and error-free month end closures.

Flagship and OYO Townhouse (OTH) Finance

- Understanding new business models in flagship and driving city teams towards execution and reconciliation, if required.

- Ensure proper cash recovery through control of non-payment by guests (GNP).

Skills Required

- Candidate should be a Chartered Accountant (CA)

- Candidate should demonstrate a rich understanding of accounting principles and terminologies.

- Candidate should have experience in reconciliation and accounting of at least 2 years.

- Candidate should demonstrate a rich understanding of GST applicability and Input/output tax mechanism to understand the transaction.

- Candidate should demonstrate a good knowledge of service tax and its applicability.