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Job Views:  
743
Applications:  214
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Job Code

1699889

Treebo - Financial Controller - CA

Treebo Hotels.7 - 8 yrs.Bangalore
Posted 2 months ago
Posted 2 months ago

About the company:

Treebo Hospitality Ventures (THV) is a hotel group operating with a mission of "democratising the joy of travel". We focus on the affordable segments of the market - economy to mid-market - to cater to the next 100 million travellers who will experience the joy of travel over the next 10 years. We offer these guests a high-quality experience at an affordable price point, with a portfolio of 800+ hotels across 120+ cities.

We operate through multiple brands catering to different sub-segments:

- Itsy (- 1000-1500)

- Treebo and Treebo Premium (- 1500-3000)

- Medalio, our newly launched affordable luxury brand (- 3000-6000 per night)

We are also the master franchisee of Accor Hotels in India for their Ibis and Mercure brands, which cater to larger mid-market properties. We are the most loved hotel chain in the affordable segment, with an average rating of 7.8/10 across independent review platforms - and we are just getting started.

Roles & Responsibilities:

- Oversee all financial operations of the Hotel units, including Accounting, setting up processes and systems at scale, and cash flow management to ensure units run efficiently.

- Identifying efficiencies and opportunities for cost reductions across the business

- Prepare SOPs to mitigate business risks and implement these SOPs across all units.

- Assess additional investment in units and new units for profitability.

- Develop and maintain internal controls to safeguard company assets and ensure compliance with financial policies and procedures.

- Coordinate and support in the annual budgeting process and provide financial projections

- Evaluate and recommend improvements to financial processes, systems, and procedures to enhance efficiency and effectiveness.

- Provide financial guidance and support to senior management, including financial analysis, risk assessment, and investment evaluation.

- Manage Stakeholders both Internal and External.

- Work closely with the Procurement team to develop a strong network of Vendor's and OEM's across India.

- Lead and develop a high-performing finance team, providing coaching, mentoring, and professional development opportunities.

Requirements:

- CA qualified with minimum 7-8 years of experience.

- Prior experience (2-3 years) as a Financial Controller or similar role, preferably in a (Retail/Hospitality) environment.

- Thorough knowledge of accounting principles and practices, financial reporting standards, and regulatory requirements.

- Strong analytical skills and the ability to interpret financial data, trends, and performance metrics.

- Excellent communication and interpersonal skills, with the ability to effectively communicate complex financial information to non-financial stakeholders.

- Proven team management skills, with the ability to motivate and develop a diverse team of finance professionals.

- Ability to work under pressure, prioritize tasks, and meet deadlines in a fast- paced and dynamic environment.

- Strong problem-solving skills and a proactive approach to identifying and resolving financial issues and challenges.

- Prior Experience in Vendor Negotiations and Management will be helpful

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Job Views:  
743
Applications:  214
Recruiter Actions:  42

Job Code

1699889

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