We are hiring on behalf of our client, a leading
International Hospitality Brand,
renowned for its hotels and resorts across South Asia and beyond. This opportunity is for a
Cluster of
3 mid segment Hotels in Mumbai Area.
Key Responsibilities:
1.
Financial Strategy and Planning:
o Develop and implement financial strategies aligned with the hotel’s business
goals.
o Create long-term and short-term financial plans to drive growth and
profitability.
o Lead the budgeting and forecasting processes, ensuring they reflect both
current performance and market conditions.
2.
Financial Management and Reporting:
o Oversee all financial reporting activities, ensuring accuracy and compliance
with both internal and external standards.
o Prepare monthly, quarterly, and annual financial statements and reports for
management and ownership.
o Conduct financial analysis, including profitability analysis, cost control, and
variance analysis, to help the management team make informed decisions.
3.
Cash Flow Management:
o Monitor cash flow, ensuring sufficient liquidity to meet operational needs.
o Optimize working capital and manage capital expenditures to ensure efficient
use of funds.
o Lead the management of hotel bank accounts and financial institutions to
ensure the smooth functioning of daily operations.
4.
Internal Controls and Compliance:
o Establish and maintain robust internal controls to safeguard hotel assets and
ensure financial integrity.
o Ensure compliance with local tax laws, industry regulations and company
policies.
o Work closely with auditors during internal and external audits, implementing
recommended improvements.
5.
Team Leadership and Development:
o Lead, mentor and develop the finance team, ensuring high performance and
qualified growth.
o Manage staffing needs and provide training on financial policies and best