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Chief Financial Officer - Hospitality


Samyojak Consultancy Services


Location

Panaji | India


Job description

Job Overview

We are looking for a Chief Financial Officer (CFO) to join a Hospitality unit based out of Goa.

As a CFO your role will be :

Ensure Accounting and Financial Reporting of all hotel and Corporate operations in compliance with Accounting Standards & Guidelines and local tax laws.

Manage the day to day operations of the Finance function like preparation and management of the hotels financial budgets implementing and overseeing all activities relating to the financial aspects of the hotel operations in compliance with the local tax laws.

Financial analysis reporting budgeting forecasting audit and control asset and liability reconciliation working capital and cash control. etc.

Proactively managing the cash flows and debts including the liaisoning and managing banking relationship fostering.

Key Accountabilities:

Overall accounting & reporting and financial management including statutory accounting and reporting of unit wise business performance; This includes the managing Board of Directors and shareholders requirements

Perform cost analyses based on income behavior and fixed and variable costs by department or product etc. and assist Asset Management team proactively with cost control requirements

Preparing and reviewing annual budgets monthly forecasts operating results at entity and Hotel Unit level

Ensure a strong accounting and operational control environment to safeguard hotel assets including Insurance of assets

Monitor and improve hotels operation costs profitability and manage business risks

Assist for revenue profit improvement opportunities enhancement possibilities for the Hotel units and legal entity as a whole

Support and liaise with the General Manager and Asset Management Team in meeting the strategic goals of the organization

Create reporting mechanisms to provide right MIS specific and relevant information to Management in improving cost structure of operations (material usage assets capital expenditure.

Project management cash and funds management including Commercials controls

HOA monitoring from Finance perspective including the performance monitoring

Statutory compliance across all functions and verticals

Implement all accounting policies and procedures

represent the finance department during periodic review meetings

liaise with the Asset Management team General Manager (AM) Group CFO Managing Director of the organization and participate and support in implementation of all key initiatives and projects

Develop specific goals and plans to prioritize organize and accomplish the work.

Set up comply monitor and review of all Tax and accounting related statutory compliances

Establish and oversee internal external and regulatory audit & processes.

Ensures finance employees establish and maintain open collaborative relationships within their team.

Provides excellent leadership by differentiating top performers fosters teamwork and also able to encourages work/life balance

Develop an efficient and professional team of employees within Finance and Accounting Department including building of technical and behavioral capabilities.

Prerequisites :

Should have a high command of MS Applications like Excel Power point etc.

Excellent communication and negotiation skills.

Excellent financial/business decision making.

Should possess strong financial knowledge.

Analytical skills and very well organized.

Education :

Qualified Chartered Accountant (CA) or Cost Accountant

At least 1215 years of financial and management experience with the daytoday financial operations.

The experience in an upscale 5 star hospitality environment is preferred.

Location : Goa.


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