Job Description

Looking for a Director of Finance for our hotel Taj Palace, Lucknow. Strategically manages all aspects of the finance and accounting functions of the hotel, maintaining the financial reporting norms with a view to maximize profitability and achieve desired financial results. Ensuring implementation of the company's accounting policies and processes, RCM - Risk Control Management and complying with taxation, commercial and statutory norms. Qualification: Chartered Accountant (CA), Masters in Commerce or Finance (M.Com./MBA) or equivalent. Budgeting & Forecasting : *Guide and direct the budgeting process for Capital Expenditure and Operational performance for the year with revenue projections duly aligned with business strategy and justifying each and every cost head. *Assist in strategy formulation for the Hotel in order to achieve greater profitability. *Budgetary control to ensure desired financial performance with an emphasis on profit maximization and cash flow through revenue enhancement and strict expenditure controls. *Set specific targets for Inventory,



debtors and creditors levels and periodic ageing review to keep the same at minimum levels. *Leads the development and implementation of a comprehensive annual business plan which is aligned with the company’s and brand’s strategic direction. *Analyzes financial data and market trends. *Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers. *Produces accurate forecasts that enable operations to react to changes in the business. '*Supervises and approves all accounting transactions on a daily basis and review of daily key reports of payables, receivables and income audit and F&B; contol functions for capturing leakages and correcting the exceptions. *Tracks the status of Legatrix and ensure that all statutory tasks are marked by all functions in a timely manner. *Oversees internal audit processes. *Advises the GM and executive committee on existing and evolving operating/financial issues.

📌 Director of Finance (Safa)
🏢 The Indian Hotels Company Limited (IHCL)
📍 Safa