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Director of Financial Strategy
2 weeks ago
This leadership position oversees financial strategy and operational management of finance functions for banquet and catering businesses, ensuring compliance, profitability, and process excellence.
Main Responsibilities:
- Direct all financial activities, including budgeting, forecasting, MIS reporting, and financial planning for banqueting and catering operations.
- Lead and manage accounts payable/receivable, cost control, revenue optimization, and internal controls.
- Analyze P&L, cash flows, and operational metrics specific to banqueting and catering projects.
- Maintain statutory compliance with tax laws, GST, TDS, income tax, and other regulations; coordinate with auditors and tax authorities.
- Implement financial best practices, controls, and ERP systems tailored to the industry.
- Collaborate with operations and sales teams to plan profitable events, track margins, and control expenses.
- Support leadership in decision-making with clear financial analysis and recommendations.
- Mentor and supervise the finance team; drive a culture of continuous process improvement and financial integrity.
- Manage vendor contracts, payment cycles, and timely disbursements to suppliers and service partners.
- Conduct variance analysis, highlight cost-saving opportunities, and implement corrective actions.
Requirements:
- CA/MBA (Finance) or equivalent degree, with experience in hospitality/banqueting/catering.
- Minimum 8–12 years of overall finance experience, including at least 4 years in a leadership role.
- Strong expertise in budgeting, compliance, MIS, financial modeling, event/catering cost controls.
- Proficiency in ERP systems.
- Excellent leadership, analytical, and communication skills.
- High integrity and process orientation; experience in audit and statutory reporting.