Hotel Finance Strategist

2 weeks ago

Ajmer, Rajasthan, India beBeeFinancial Full time ₹ 30,00,000 - ₹ 40,00,000
Job Summary:The Financial Operations Manager will lead the financial strategy for a hotel in Ahmedabad. As part of the leadership team, they will develop and implement property-wide strategies to deliver exceptional guest experiences and exceed employee expectations.This role provides financial expertise to support the successful implementation of brand initiatives and maximize return on investment. The Financial Operations Manager creates and executes a business plan that aligns with the property's strategy, focusing on efficient financial and accounting activities and delivering desirable financial results.Key Responsibilities:
  • Develop methods to improve profitability, including estimating costs and benefits, and exploring new business opportunities.
  • Analyze data, forecast sales against expenses, and create annual budget plans.
  • Compile information, analyze, and monitor actual sales against projected sales.
  • Identify underlying principles, reasons, or facts of information by breaking down data into separate parts.
  • Think creatively and practically to develop, execute, and implement new business plans.
  • Create the annual operating budget for the property.
  • Provide analytical support during budget reviews to identify cost-saving and productivity opportunities for property managers.
  • Implement a system of appropriate controls to manage business risks.
  • Ensure a strong accounting and operational control environment to safeguard assets, improve operations, and profitability.
  • Analyze financial data and market trends.
  • Lead the development and implementation of a comprehensive annual business plan aligned with the company's strategic direction.
  • Provide ongoing analytical support by monitoring the operating department's actual and projected sales.
  • Produce accurate forecasts that enable operations to react to changes in the business.
Team Leadership:
  • Utilize interpersonal and communication skills to lead, influence, and encourage others; advocate sound financial/business decision making; demonstrate honesty/integrity; lead by example.
  • Communicate the strategic goals, focus, and owner priorities to subordinates in a clear and precise manner.
  • Leverage strong functional leadership and communication skills to influence the executive team, the property's strategies, and lead own team.
  • Oversee internal, external, and regulatory audit processes.
  • Provide excellent leadership by assigning team members and other departments' managers clear accountability backed by appropriate authority.
  • Conduct annual performance appraisals with direct reports according to Standard Operating Procedures.
Qualifications:
  • CA/MBA/Masters degree with a Bachelor's degree in Accounting or Finance
  • 10+ years experience in the area of accounting preferably with the hotel industry

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