Corporate Director - Finance, amã Stays & Trails

IHCL and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm hospitality and world-class service. These include Taj the iconic brand for the most discerning travellers, and ranked as Worlds Strongest Hotel Brand and Indias Strongest Brand across sectors as per Brand Finance Hotels 50 and India 100 reports 2024 respectively; SeleQtions, a named collection of handpicked, storied hotels; Vivanta, a chain of contemporary upscale hotels that celebrate joie de vivre; Ginger, a brand that is revolutionizing the lean-luxe segment, and am Stays & Trails, a charming portfolio of private bungalows and villas set in picturesque locales. Along with our varied and latest offerings like Gateway, The Claridges Collection, Tree of Life, The Clarks Hotels and Resorts and TajSATs, IHCL has evolved from a Branded House to a House of Brands, offering a diverse portfolio across luxury, upscale, lean luxe, and homestay segments.

Location: New-Delhi

Reporting To: Head Finance New Businesses

Function: Finance

SubFunction: Accounts

Team Size

• Direct reportees: 35
• Cluster / Hub finance reportees: 510

Job Objective

Handle the finance function for Ideal Ice Limited, covering accounting, taxation, accounts payable & receivable, statutory audits, treasury, owner management, as well as legal and secretarial matters.

Areas of Responsibility

• Finance and Accounting
• Taxation (GST, TDS)
• Accounts Payable (AP) & Accounts Receivable (AR)
• Corporate Accounts
• Statutory and Internal Audits
• Stakeholder Management
• Hub Hotel Engagement
• Owner / Partner Handling
• MIS and FP&A
• Budgeting Opex & Capex
• Cash Flow Management and Treasury
• Insurance
• Balance Sheet Strength and Controls

Essential Job Tasks

• Review of 200+ bungalow P&Ls as well as Ideal Ice Limiteds P&L, balance sheet and cash flows
• Leadership communications to enable decision making and resolve any possible challenges
• Drive technological interventions to streamline processes and enhance governance
• Be the interface with owners and partners for all financial matters, including management fee receivables and working capital discussions
• Act as the custodian of business performance and profitability for both owners and IHCL
• Interface with IHCL hub hotels to ensure highest levels of controls, governance and agility to enable performance for each bungalow owner
• Ensure cost control at company and bungalow level while achieving desired margins
• Ensure financial prudence and statutory compliance
• Interaction with statutory and internal auditors
• Ideal Ice book keeping, rolling MIS and concurrent audit
• MIS reporting to Corporate and other management requirements
• Manage Document Management System for owner-related data and MIS

Key Interfaces

Internal

• Hub Unit Finance & AMA Operations
• Sales & Marketing
• Reservations
• Team
• IHCL Corporate Finance

External

• Owners / Partners
• Consultants
• Regulatory and statutory authorities

Required Qualifications & Experience

• Qualifications: CA, MBA
• Experience: Minimum 1015 years post-graduation
• Preferably in hospitality, real estate or travel sectors
• Eligible internal IHCL candidates may also apply

Language Requirements

• Multilingual preferred
• Excellent written and verbal English communication is mandatory

Desired Competency Profile

Behavioural Competencies

• Excellent stakeholder management, negotiation and documentation skills
• Willingness to travel to property locations for reviews, audits and inspections
• Agile and nimble mindset with the ability to unlearn and learn
• Positive attitude and energy with flexibility to respond quickly to owners and their teams
• Transparent and smooth communication across stakeholders

Functional / Technical Competencies

• Strong understanding of local regulations, hospitality laws and licensing processes
• Experience managing external audits and working with regulatory authorities
• Strong accounting and technical knowledge

Additional Information

In addition to the above-mentioned duties and job functions, the role will perform any other assignments given by management within the scope of the job.