Director of Finance

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1. Financial Strategy and Planning:
   • Develop and implement financial strategies aligned with the hotel’s business goals.
   • Create long-term and short-term financial plans to drive growth and profitability.
   • Lead the budgeting and forecasting processes, ensuring they reflect both current performance and market conditions.
2. Financial Management and Reporting:
   • Oversee all financial reporting activities, ensuring accuracy and compliance with both internal and external standards.
   • Prepare monthly, quarterly, and annual financial statements and reports for management and ownership.
   • Conduct financial analysis, including profitability analysis, cost control, and variance analysis, to help the management team make informed decisions.
3. Cash Flow Management:
   • Monitor cash flow, ensuring sufficient liquidity to meet operational needs.
   • Optimize working capital and manage capital expenditures to ensure efficient use of funds.
   • Lead the management of hotel bank accounts and financial institutions to ensure the smooth functioning of daily operations.
4. Internal Controls and Compliance:
   • Establish and maintain robust internal controls to safeguard hotel assets and ensure financial integrity.
   • Ensure compliance with local tax laws, industry regulations and company policies.
   • Work closely with auditors during internal and external audits, implementing recommended improvements.
5. Team Leadership and Development:
   • Lead, mentor and develop the finance team, ensuring high performance and professional growth.
   • Manage staffing needs and provide training on financial policies and best practices.
   • Create a positive, results-driven environment within the finance department.
6. Cost Control and Profitability:
   • Monitor operational costs and recommend cost-saving initiatives to improve profitability without compromising on service quality.
   • Work closely with other departments to review and control expenses, analyze variances and identify opportunities for cost reduction.
7. Owner/Investor Relations:
   • Provide financial insights and reports to ownership or investors.
   • Participate in meetings with ownership to review the financial health of the hotel and discuss strategic goals.
   • Develop financial models and forecasts to support potential investment decisions or business expansions.
8. Risk Management:
   • Identify financial risks and work to mitigate them.
   • Ensure appropriate insurance and risk management policies are in place.

• • Chartered Accountant (CA) is mandatory.
  • Minimum of 12-15 years of progressive finance experience, with at least 3-5 years in a senior financial leadership role within the hospitality or hotel industry.
  • Proven experience with financial management in a hotel environment, including budgeting, forecasting, financial reporting, and control.

• • Fluent in English & Hindi.
  • Availability to work flexible hours, including weekends or holidays, depending on the hotel’s needs.
  • Balances the needs and expectations of the owning entity with the operational goals of the hotel, aligning financial strategies accordingly.
  • Handles disagreements or concerns from the owning entity with professionalism, finding mutually beneficial solutions.