Head of Finance

Job Title : Head of Finance

Reporting to : CEO

Company : Top-Tier Hospitality Company

Location : Pune, Maharashtra

About the Company:

The Company is a listed upmarket hotel chain known for its luxury and exceptional guest experiences. With a strong public presence in the hospitality sector, they are seeking a strategic financial leader who can drive financial growth, manage mergers and acquisitions, manage all financial and regulatory aspects of a public limited company, raise funds effectively, and maintain commitment to delivering unparalleled service and luxury to guests.

Key Responsibilities:

1. Financial Strategy and Planning:

• Develop and execute the financial strategy in alignment with the company's overall goals and objectives.
• Lead financial forecasting, budgeting, and long-term financial planning processes.
• Assess the financial performance of individual hotels within the chain and identify opportunities for improvement.

2. Public Company Financial Management & M&A Activities:

• Oversee and ensure strict compliance with all SEBI regulations, Listing Obligations and Disclosure Requirements (LODR) for the company as a listed entity.
• Manage ongoing Investor Relations (IR) and quarterly earnings reporting processes, effectively communicating performance to current investors, analysts, and market stakeholders.
• Oversee all aspects of M&A activities, including due diligence, negotiations, and integration of acquired properties or businesses.
• Evaluate potential acquisition targets and provide recommendations to the executive team.

3. Fundraising:

• Develop and execute fundraising strategies, to support the growth and expansion of the hotel chain.
• Build and maintain relationships with investors, financial institutions, and other stakeholders to secure funding for strategic initiatives.

4. Financial Reporting and Compliances:

• Ensure accurate and timely financial reporting, including quarterly and annual financial statements, maintaining compliance with Ind AS.
• Maintain adherence to Indian securities laws and stock exchange regulations, ensuring transparency and accountability to all public shareholders.

5. Risk Management:

• Identify financial risks and implement risk mitigation strategies.
• Develop and maintain internal controls to safeguard company assets. Create a strong internal controls environment.

6. Stakeholder Management & Team Leadership:

• Build and lead a high-performing finance team, providing mentorship and guidance to finance professionals.
• Foster a culture of accountability, innovation, and excellence within the finance department.

7. Strategic Financial Partnerships:

• Cultivate and maintain strong relationships with external financial partners, including banks, investors, and financial institutions.

Qualifications/Experience:

• CA/ Top-Tier MBA graduate.
• 15-20 years of progressive experience in finance leadership roles.
• Significant experience in hospitality sector as Finance Head or in a senior finance leadership role.
• Proven experience in managing M&A transactions and leading finance for an Indian public listed company.
• Fund-raising experience from banks, PE firms, public markets.
• In-depth, current knowledge of SEBI regulations, Listing Obligations and Disclosure Requirements (LODR), Ind AS/IFRS, and mandatory compliance for publicly listed entities in India.
• Strong financial and business acumen with a track record of driving financial growth and profitability.
• Exceptional leadership, communication, and interpersonal skills.
• Ability to thrive in a fast-paced and dynamic environment.
• Strong analytical and problem-solving skills.