Any Nationality
At the property level, these departments work closely with General Managers and department heads to maximize their financial acumen, assist with recommendations for desirable economic options, safeguard owner assets with reliable internal control systems, and forecast and prepare monthly and annual reports.
Excellent analytical skills, mathematical aptitude, strong leadership and strategic thinking
• To formulate and lead all financial function at the corporate office
• Plan along with the Sr. Vice President-Operations, the future growth strategy
• To manage all activities of operating properties in the future
• To prepare financial projection and feasibility, viability report, break even analysis and any other financial data that may be useful in taking business decisions
• Responsible for financial planning, and strategy, secretarial and legal compliances
• Budgetary control, audits, cost optimization, negotiations and vendor management
• Capital expenditure and project cost control
• Assist the corporate team in aligning business strategy for sustainable profits and growth
• Increase the number of hotel portfolio
• To evaluate acquisition opportunities for financial feasibility, ROI studies, due diligence and market survey
• Negotiate terms of engagement, draft fool-proof management contracts within the legal frame work
• Coordinate with the QFC legislator body, statutory authorities, auditors etc.
• Compliance with shareholders agreement, Board governance, secretarial function and fulfilment of all statutory obligations
• To conduct financial review meetings periodically
• To review and adopt changes that may be required from time to time so that necessary changes are incorporated to control risks and improve efficiency and effectiveness
• Devise pricing strategies with the team and the unit general managers
• Strategies to optimise cost and enhance revenue
• Formulation Standard Operating Procedurees
• Timely collection of Management fee and any other receivables
• To interact with all business partners and address if there is any concern
• Liaise with project team, the unit general managers and the corporate team to ensure projects remain on track as per the pre-opening plan
• Propose and drive financial strategies to achieve fair market share and profitability
• To develop financial infrastructure, IT backend support and management reporting systems of start-up operations
• To manage accounting and reporting of operations by proper budgeting, forecasting and reviews
• To keep updated with hotel market and development environment, investment analysis and valuation to provide commercial recommendations for development of new hotels
• To keep track of administrative costs and set policies and guidelines
• Prepare presentations periodically to highlight key messages, drivers and recommendations
• Advise and support Unit financial controllers in preparing pre- opening budgets, procurement processes
• Analyses financial performance of each unit and advise correction/strategy
• To ensure that Balance sheets are fair reflection of the assets and liabilities of the hotels
• To ensure Gross operating profit to be healthy without compromising on quality
• To ensure local compliances and legal aspects
• Review management contracts for any deviation
• To take remedial action for any financial performance issues and ensure no leakages.
Job Role
• Accounts Payable & Receivable, Contract Management, Return on Investment (ROI), FOP (Financial Operating Plans), Hotel Consultation, Hotel Consultation, Pre-Opening
Finance:
• Budget preparation for the Pre-opening phase
• Budgeting for the first 12 months of hotel’s operations
• Budget management according to international standards and strategic plans of the client
• Risk management
The candidate should be a CA, ICWA & CPA with minimum of 12 years of experience in Finance Department and also have good experience in pre-opening with any 5 star Hotel or Resort in Middle East or India. Currently working in Middle East preferred.
The candidate should have good experience in Pre-opening of 5* Hotels mainly in Middle esat countries.
Please share your updated resume with following details for onward submission to client for shortlisting.
1. Total Experience:
2. Years of Experience in Hotel Industries:
3. Years of Experience in Pre-opening of hotels :.
4. Years of Experience in Gulf countries :
5. Qualification:
6. Current Salary (USD):
7. Expected Salary (USD):
8. Date of Birth:
9. Nationality:
10. Contact Number & Email Id:
11. Current Location:
If interested in the given job opening, please forward your resume to muthuraj@sofomation.com or call +91 9819891692.
Muthuraj Nadar
muthuraj@sofomation.com
+91 22 42459821
At the property level, these departments work closely with General Managers and department heads to maximize their financial acumen, assist with recommendations for desirable economic options, safeguard owner assets with reliable internal control systems, and forecast and prepare monthly and annual reports.
Excellent analytical skills, mathematical aptitude, strong leadership and strategic thinking
• To formulate and lead all financial function at the corporate office
• Plan along with the Sr. Vice President-Operations, the future growth strategy
• To manage all activities of operating properties in the future
• To prepare financial projection and feasibility, viability report, break even analysis and any other financial data that may be useful in taking business decisions
• Responsible for financial planning, and strategy, secretarial and legal compliances
• Budgetary control, audits, cost optimization, negotiations and vendor management
• Capital expenditure and project cost control
• Assist the corporate team in aligning business strategy for sustainable profits and growth
• Increase the number of hotel portfolio
• To evaluate acquisition opportunities for financial feasibility, ROI studies, due diligence and market survey
• Negotiate terms of engagement, draft fool-proof management contracts within the legal frame work
• Coordinate with the QFC legislator body, statutory authorities, auditors etc.
• Compliance with shareholders agreement, Board governance, secretarial function and fulfilment of all statutory obligations
• To conduct financial review meetings periodically
• To review and adopt changes that may be required from time to time so that necessary changes are incorporated to control risks and improve efficiency and effectiveness
• Devise pricing strategies with the team and the unit general managers
• Strategies to optimise cost and enhance revenue
• Formulation Standard Operating Procedurees
• Timely collection of Management fee and any other receivables
• To interact with all business partners and address if there is any concern
• Liaise with project team, the unit general managers and the corporate team to ensure projects remain on track as per the pre-opening plan
• Propose and drive financial strategies to achieve fair market share and profitability
• To develop financial infrastructure, IT backend support and management reporting systems of start-up operations
• To manage accounting and reporting of operations by proper budgeting, forecasting and reviews
• To keep updated with hotel market and development environment, investment analysis and valuation to provide commercial recommendations for development of new hotels
• To keep track of administrative costs and set policies and guidelines
• Prepare presentations periodically to highlight key messages, drivers and recommendations
• Advise and support Unit financial controllers in preparing pre- opening budgets, procurement processes
• Analyses financial performance of each unit and advise correction/strategy
• To ensure that Balance sheets are fair reflection of the assets and liabilities of the hotels
• To ensure Gross operating profit to be healthy without compromising on quality
• To ensure local compliances and legal aspects
• Review management contracts for any deviation
• To take remedial action for any financial performance issues and ensure no leakages.
Job Role
• Accounts Payable & Receivable, Contract Management, Return on Investment (ROI), FOP (Financial Operating Plans), Hotel Consultation, Hotel Consultation, Pre-Opening
Finance:
• Budget preparation for the Pre-opening phase
• Budgeting for the first 12 months of hotel’s operations
• Budget management according to international standards and strategic plans of the client
• Risk management
The candidate should be a CA, ICWA & CPA with minimum of 12 years of experience in Finance Department and also have good experience in pre-opening with any 5 star Hotel or Resort in Middle East or India. Currently working in Middle East preferred.
The candidate should have good experience in Pre-opening of 5* Hotels mainly in Middle esat countries.
Please share your updated resume with following details for onward submission to client for shortlisting.
1. Total Experience:
2. Years of Experience in Hotel Industries:
3. Years of Experience in Pre-opening of hotels :.
4. Years of Experience in Gulf countries :
5. Qualification:
6. Current Salary (USD):
7. Expected Salary (USD):
8. Date of Birth:
9. Nationality:
10. Contact Number & Email Id:
11. Current Location:
If interested in the given job opening, please forward your resume to muthuraj@sofomation.com or call +91 9819891692.
Muthuraj Nadar
muthuraj@sofomation.com
+91 22 42459821
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