Avp/vp Finance Cfo Bhubaneswar

Avp/vp Finance Cfo Bhubaneswar

22 Aug
|
People Process Teck
|
Bhubaneswar

22 Aug

People Process Teck

Bhubaneswar

Role & responsibilities

Strategic Finance
-Developing and implementing a comprehensive financial strategy aligned with the organizations 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 current projects and existing properties including budget, timelines and effectiveness of implementation

People Development-Putting in place a framework, in consultation with HR, for the growth opportunities leadership development and succession planning of the team

Preferred candidate profile

CA with 20+ years of total experience in Finance preferably in premier hotels and resorts.5 to 6 years in leading the core function for a reputed Hotel Group

📌 Avp/vp Finance Cfo Bhubaneswar
🏢 People Process Teck
📍 Bhubaneswar

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