Job description
Responsibilities
- 1. Financial Strategy & Planning
- Develop and implement financial strategies for the hospitality portfolio.
- Oversee annual business plans, budgets, and forecasts for each asset.
- Work closely with entity-level finance teams for budgeting, forecasting, capex planning, and variance analysis for all assets
- Support investment decisions, feasibility studies, and valuation exercises across the portfolio.
- Identify opportunities for revenue enhancement and cost optimization across entities.
- Coordinate with operations & finance teams of AOC’s (asset owning company -CSD, Realty, and NMDPL) to align asset performance goals.
2. Commercial Management
- Structure and negotiate commercial agreements, including operator contracts, leases, and revenue-share arrangements for all hospitality assets.
- Optimize commercial terms to maximize returns and mitigate risks across the portfolio. • Ensure adherence to contractual obligations and monitor compliance.
3. Governance & Compliance
- Establish robust financial controls and reporting systems for multi-entity operations.
- Ensure compliance with statutory requirements, internal policies, and audit standards across all companies.
- Oversee tax planning and regulatory filings related to hospitality operations in coordination with the respective owning company.
4. Performance Monitoring & Reporting
- Track financial KPIs across all assets and provide actionable insights to leadership.
- Prepare consolidated MIS reports for senior leadership and promoters.
- Support decision-making through accurate and timely financial analysis.
- Establish governance frameworks for operational and financial oversight across entities.
- Ensure seamless data flow and reporting from finance teams of CSD, Realty, and NMDPL.
5. Portfolio Strategy & Performance
- Develop and implement asset management strategies
- Monitor financial and operational performance, budgets, and KPIs for all properties.
- Identify opportunities for revenue enhancement and cost optimization across entities.
- Coordinate with finance and operations teams of CSD, Realty, and NMDPL to align asset performance goals.
6. Owner Representation & Operator Management
- Act as the primary liaison between Adani Hospitality Division and hotel operators.
- Negotiate and manage Hotel Management Agreements (HMAs) and related contracts for all group-owned hotels.
- Ensure compliance with brand standards and contractual obligations across multiple entities.
7. Capital Projects & Asset Enhancement
- Drive renovation, repositioning, and capital expenditure projects across all assets.
- Coordinate with AOC’s for approvals and execution of capex plans. • Ensure timely execution within approved budgets and quality standards.
Qualifications
- Required Qualifications & Experience
- Chartered Accountant (CA) or MBA in Finance from a reputed institution.
- Minimum 15–18 years of experience in financial management, preferably within the real estate or hospitality sectors. • Proven expertise in managing large-scale financial operations and strategic planning.
- Preferable - Strong understanding of hotel operations, financial modelling, and brand management.
- Preferable – Experience in negotiating HMAs and managing multi-asset portfolios.