Assistant Vice President - Finance

Job Title: Assistant Vice President – Finance
Location: Bhubaneswar (Corporate Office)
Experience Required: 15 to 20 years
Industry: Hospitality – Star Hotels
Designation: AVP – Finance (Corporate)
Reporting To: VP/ Group CFO/CEO

About the Client:

They are the premier luxury hospitality group with a strong presence across Eastern India and beyond. Known for its distinctive blend of opulence, heritage, and personalized service, the brand is expanding its portfolio and requires a seasoned finance leader to drive growth and financial excellence at the corporate level.

Role Objective:

To lead the financial strategy, planning, and operations across all their properties, ensuring sound financial management, statutory compliance, and business profitability. The incumbent will act as a strategic partner to the leadership team and bring strong financial governance to support long-term growth.

Key Responsibilities:

• Lead all financial operations including budgeting, forecasting, MIS, and financial analysis.
• Drive group-level financial planning and ensure alignment with business objectives.
• Consolidate and analyze hotel-wise P&L, cost controls, and profitability improvement strategies.
• Oversee finalization of accounts, statutory audits, tax planning, and timely compliance with GST, TDS, Income Tax, and other regulatory bodies.
• Evaluate business performance across hotel units and guide GMs/Unit Heads on financial metrics and controls.
• Implement financial controls and risk mitigation policies across properties.
• Manage working capital, cash flows, and fund utilization to ensure optimal financial health.
• Work closely with banks, financial institutions, vendors, and auditors for all financial transactions and negotiations.
• Champion the automation and digitization of financial reporting and controls using ERP systems.
• Supervise and mentor a multi-location finance team; ensure talent development and succession planning.

Candidate Profile:

Qualification: Chartered Accountant (CA)

Experience: 15 to 20 years in hospitality industry, preferably in star-rated hotels at the corporate level. Must have held senior leadership roles like GM – Finance or AVP – Finance.

Skills:

• Strong understanding of hotel accounting, operational finance, and financial planning.
• Proficient in financial systems, ERP (e.g., SAP, Oracle), Excel, and MIS tools.
• Strong leadership, analytical, and business partnering abilities.
• Excellent communication and interpersonal skills to manage internal and external stakeholders.
• Proven track record of improving profitability, implementing cost controls, and managing financial risks.

Job Type: Full-time

Pay: From ₹34,872.91 per month

Ability to commute/relocate:

• Bhubaneswar G.P.O, Bhubaneswar, Orissa: Reliably commute or planning to relocate before starting work (Required)