HEAD FINANCE | MIROS HOTELS

1. JOB PURPOSE

To lead and oversee the complete Finance & Accounts function across all resorts of Miros Hotels, ensuring strong financial management, profitability, cost control, statutory compliance, financial discipline and effective business planning.

The candidate will be responsible for managing the financial health of all properties, implementing standardised financial processes, strengthening internal controls and providing strategic financial guidance to senior management.

2. KEY ROLES & RESPONSIBILITIES

A. Financial Management & Control

- Oversee the complete finance and accounting operations of all resorts.
- Ensure accurate and timely preparation of monthly, quarterly and annual financial statements.
- Monitor revenue, expenses, profitability, cash flow and working capital across all properties.
- Establish and strengthen internal financial controls and accounting procedures.
- Ensure financial discipline, transparency and accountability at every resort.
- Review financial performance and present periodic reports to senior management.

B. Budgeting & Financial Planning

- Prepare annual budgets, business plans and financial forecasts for all resorts.
- Monitor actual financial performance against budgets and analyse variances.
- Develop strategies to improve EBITDA, operating margins and overall profitability.
- Conduct financial feasibility studies for new projects, expansions and capital investments.
- Provide financial insights and recommendations for strategic business decisions.

C. Hotel Revenue & Cost Control

- Monitor room revenue, F&B; revenue, banquet revenue and other operational income.
- Ensure effective control over food costs, beverage costs, payroll, utilities and operational expenses.
- Monitor inventory, stores, purchasing and consumption patterns.
- Work closely with General Managers, Operations, Purchase and F&B; teams to improve cost efficiency.
- Analyse hotel performance indicators such as Occupancy, ADR and RevPAR.
- Identify revenue leakages and implement corrective measures.

D. SAP & Financial Systems

- Must have practical working knowledge and experience in SAP.
- Oversee financial accounting, reporting and MIS through SAP.
- Ensure effective utilisation of SAP for financial transactions, vendor payments,



inventory accounting and reconciliations.
- Maintain data accuracy, system controls and standardised financial reporting across all resorts.
- Coordinate with IT and ERP teams for system improvements and process automation.

E. Statutory Compliance & Taxation

- Ensure compliance with GST, TDS, Income Tax and other applicable statutory regulations.
- Coordinate internal and external audits and ensure timely closure of audit observations.
- Ensure timely filing of statutory returns and payments.
- Maintain proper books of accounts and supporting documentation.
- Ensure compliance with applicable financial and regulatory requirements.

F. Cash Flow & Working Capital Management

- Monitor cash flows and liquidity requirements across all resorts.
- Control receivables, payables and outstanding balances.
- Ensure timely vendor payments and collection of dues.
- Manage banking relationships, fund planning and cash management.
- Establish effective working capital management practices.

G. Team Leadership & Multi-Property Coordination

- Lead, guide and mentor the finance teams across all resorts.
- Establish standard operating procedures (SOPs) for finance and accounts.
- Conduct regular financial reviews with Resort General Managers and Finance Managers.
- Ensure consistency in accounting practices and reporting across all properties.
- Build a performance-driven finance team with clear responsibilities and accountability.
- Conduct periodic financial audits and operational reviews at all resorts.

3. MANDATORY QUALIFICATIONS & EXPERIENCE

- Qualified Chartered Accountant (CA) COMPULSORY.
- Minimum 10-15 years of overall experience in Finance & Accounts.
- Prior experience in the Hotel / Resort / Hospitality Industry COMPULSORY.
- Hands-on working knowledge and experience in SAP COMPULSORY.
- Experience in managing finance operations for multiple hotels or resorts will be highly preferred.
- Strong expertise in hotel budgeting,



financial planning, MIS, cost control and profitability management.
- Excellent knowledge of GST, Income Tax, TDS, statutory compliance and auditing.
- Experience in managing large finance teams and multi-property financial operations.

4. ESSENTIAL SKILLS & COMPETENCIES

- Excellent financial planning and analytical skills.
- Strong understanding of hotel and resort operations.
- Expertise in cost control, financial reporting and profitability management.
- Practical knowledge of SAP and advanced MS Excel.
- Strong leadership, decision-making and team management abilities.
- Excellent communication and coordination skills.
- High level of integrity, ownership and accountability.
- Ability to work independently and interact effectively with senior management.

5. KEY PERFORMANCE INDICATORS (KPIs)

Performance will be evaluated based on:

1. Accuracy and timely submission of financial reports and MIS.
2. Budget adherence across all resorts.
3. Improvement in EBITDA and operating profitability.
4. Effective control over food costs and operational expenses.
5. Timely statutory compliance and audit closure.
6. Accuracy and effectiveness of SAP reporting.
7. Improvement in cash flow and working capital management.
8. Reduction in financial leakages and control weaknesses.
9. Standardisation of financial processes across all resorts.
10. Development and performance of the finance team.

6. CANDIDATE PROFILE & NON-NEGOTIABLE SELECTION CRITERIA

The ideal candidate must fulfil all the following requirements:

1. Must be a qualified Chartered Accountant (CA).
2. Must have prior working experience in the Hotel / Resort / Hospitality Industry.
3. Must possess practical working knowledge and experience in SAP.
4. Must have experience in managing multi-property finance operations.
5. Must be capable of independently heading the complete Finance & Accounts function across all Miros Hotels resorts.
6. Must demonstrate strong financial leadership, commercial understanding and business acumen.

KEY: All three criteria CA qualification, prior Hotel / Hospitality Industry experience and SAP working knowledge – are strictly mandatory. Candidates not meeting any one of these requirements should not be considered for the position.

📌 Finance Head - Hotel Industry Only (Mumbai)
🏢 Miros Hotels & Resorts
📍 Mumbai