About The Company
Treebo Hospitality Ventures (THV) is a hotel group operating with a mission of democratising the joy of travel. We focus on the affordable segments of the market - economy to mid-market - to cater to the next 100 million travellers who will experience the joy of travel over the next 10 years. We offer these guests a high-quality experience at an affordable price point, with a portfolio of 800+ hotels across 120+ cities.
We Operate Through Multiple Brands Catering To Different Sub-segments
- Itsy (- 1000-1500)
- Treebo and Treebo Premium (- 1500-3000)
- Medalio, our newly launched affordable luxury brand (- 3000-6000 per night)
We are also the master franchisee of Accor Hotels in India for their Ibis and Mercure brands, which cater to larger mid-market properties. We are the most loved hotel chain in the affordable segment, with an average rating of 7.8/10 across independent review platforms - and we are just getting started.
Roles & Responsibilities
- Oversee all financial operations of the Hotel units, including Accounting, setting up processes and systems at scale, and cash flow management to ensure units run efficiently.
- Identifying efficiencies and opportunities for cost reductions across the business
- Prepare SOPs to mitigate business risks and implement these SOPs across all units.
- Assess additional investment in units and new units for profitability.
- Develop and maintain internal controls to safeguard company assets and ensure compliance with financial policies and procedures.
- Coordinate and support in the annual budgeting process and provide financial projections
- Evaluate and recommend improvements to financial processes, systems, and procedures to enhance efficiency and effectiveness.
- Provide financial guidance and support to senior management, including financial analysis, risk assessment, and investment evaluation.
- Manage Stakeholders both Internal and External.
- Work closely with the Procurement team to develop a strong network of Vendor's and OEM's across India.
- Lead and develop a high-performing finance team, providing coaching, mentoring, and professional development opportunities. CA qualified with minimum 7-8 years of experience.
- Prior experience (2-3 years) as a Financial Controller or similar role, preferably in a (Retail/Hospitality) environment.
- Thorough knowledge of accounting principles and practices, financial reporting standards, and regulatory requirements.
- Strong analytical skills and the ability to interpret financial data, trends, and performance metrics.
- Excellent communication and interpersonal skills, with the ability to effectively communicate complex financial information to non-financial stakeholders.
- Proven team management skills, with the ability to motivate and develop a diverse team of finance professionals.
- Ability to work under pressure, prioritize tasks, and meet deadlines in a fast- paced and dynamic environment.
- Strong problem-solving skills and a proactive approach to identifying and resolving financial issues and challenges.
- Prior Experience in Vendor Negotiations and Management will be helpful
(ref:iimjobs.com)
