Job Title: Financial Controller/ Manager

Company: Svenska Design Hotels

Location: Kakinada, India

Svenska Design Hotels is a European chain of upscale boutique hotels with 40 hotels across India. We are looking for a skilled and dynamic finance professional to lead our finance & accounts team at our 5-star luxury hotel in Kakinada, Andhra Pradesh. As a Financial Controller/ Manager, you will play a crucial role in ensuring the financial integrity and success of our organisation.

Responsibilities:

1. Financial Planning and Analysis:

  - Develop and implement financial strategies, policies, and procedures to drive business growth and profitability

  - Prepare annual budgets, forecasts, and financial plans, ensuring accuracy and alignment with organisational goals

  - Conduct comprehensive financial analysis, identify trends, and provide insights to support strategic decision-making

2. Financial Reporting and Compliance:

  - Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.

  - Ensure compliance with accounting standards, tax regulations, and other financial reporting requirements.

  - Monitor internal controls, identify areas for improvement, and implement necessary changes to mitigate financial risks.

3. Financial Operations Management:

  - Manage day-to-day financial operations, including accounts payable and receivable, payroll, and cash management.

  - Review and analyze financial data, identify variances, and propose corrective actions to enhance financial performance.

  - Collaborate with cross-functional teams to streamline processes, improve operational efficiency, and optimize resource allocation.

4. Financial Strategy and Decision Support:

  - Provide strategic financial guidance and insights to senior management for effective decision-making and resource allocation

  - Conduct financial modeling and scenario analysis to evaluate investment opportunities and potential business ventures

  - Support business development initiatives through financial analysis, due diligence, and financial feasibility studies.

5. Team Leadership and Development:

  - Lead and mentor finance & accounts team, fostering a culture of collaboration, accountability, and continuous improvement

  - Provide guidance and training on financial matters, ensuring team members professional development and growth

  - Foster effective communication and collaboration with other departments to achieve financial objectives and organisational goals

Qualifications:

- A financial qualification such as a CA, CFA, or MBA in Finance is desirable, but Bachelors qualification combined with strong finance/ accounts background is acceptable, preferably in the hospitality/ hotel industry

- Proven experience in financial management, accounting, and analysis, within the hospitality or related industry

- Strong knowledge of financial reporting standards, tax regulations, and compliance requirements

- Proficient in financial software applications and advanced proficiency in Microsoft Excel

- Excellent analytical skills with the ability to interpret complex financial data and provide strategic insights

- Demonstrated leadership abilities with a track record of effectively managing and developing a finance team

- Exceptional attention to detail, organisational skills, and the ability to prioritise and meet deadlines

- Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and present financial information to non-financial stakeholders

Joining Svenska Design Hotels as a Financial Controller/ Manager presents an exciting opportunity to contribute to the success of a prominent organisation while utilising your financial expertise and leadership skills. If you are passionate about finance, possess strong business acumen, and thrive in a dynamic environment, we invite you to apply for this position.

To apply, please submit your resume, along with your current and expected compensation to hr.kakinada@svenskahotels.com