Job description
Responsibilities
- - Lead annual budgeting, reforecasts, and variance governance for development and operating hospitality assets in collaboration with operators.
- Approve and monitor expenditures within the Delegation of Authority (DOA), ensuring audit‑ready documentation and strong internal controls.
- Oversee cashflow tracking, funding requirements, and payment governance for development, pre‑opening, and operational activities.
- Develop and publish performance dashboards (ADR, RevPAR, GOP, NOI, working capital) with driver-based insights and corrective action recommendations.
- Support feasibility studies and ROI evaluations for renovations, repositioning projects, and capex planning, including scenario and sensitivity analysis.
- Govern commercial terms of key vendor and operator contracts in coordination with Legal and Procurement teams.
- Monitor financial and commercial risks related to cost overruns, leakages, and non‑compliance; drive mitigation and corrective actions.
- Coordinate audits, statutory compliance, and lender/investor reporting as required.
Value Contribution
- Protects owner returns through disciplined budget control, variance analysis, and transparent reporting.
- Strengthens liquidity and cash management through stringent cashflow monitoring and payment governance.
- Supports better investment decisions with comprehensive ROI assessments and performance analytics.
- Reduces leakages and cost overruns with strong commercial governance, documentation discipline, and risk monitoring.
Qualifications
- CA-1st attempt