Associate General Manager - Finance & Commercials
Purpose/Objective
The candidate will have to lead the finance function for the Adani Hospitality Division, which manages the hospitality portfolio of the Adani Group—including hotels owned by CSD, Realty, and NMDPL.
Ensure robust financial governance, commercial optimization, and strategic support for all hospitality assets to drive profitability and value creation on behalf of the Asset Owning Companies (AOC).
Key Responsibilities of Role
1.
Financial Strategy & Planning • Develop and implement financial strategies for the hospitality portfolio.
• Oversee annual business plans, budgets, and forecasts for each asset.
• Work closely with entity-level finance teams for budgeting, forecasting, capex planning, and variance analysis for all assets • Support investment decisions, feasibility studies, and valuation exercises across the portfolio.
• Identify opportunities for revenue enhancement and cost optimization across entities.
• Coordinate with operations & finance teams of AOC’s (asset owning company -CSD, Realty, and NMDPL) to align asset performance goals.
2.
Commercial Management • Structure and negotiate commercial agreements, including operator contracts, leases, and revenue-share arrangements for all hospitality assets.
• Optimize commercial terms to maximize returns and mitigate risks across the portfolio.
• Ensure adherence to contractual obligations and monitor compliance.
3.
Governance & Compliance • Establish robust financial controls and reporting systems for multi-entity operations.
• Ensure compliance with statutory requirements, internal policies, and audit standards across all companies.
• Oversee tax planning and regulatory filings related to hospitality operations in coordination with the respective owning company.
4.
Performance Monitoring & Reporting • Track financial KPIs across all assets and provide actionable insights to leadership.
• Prepare consolidated MIS reports for senior leadership and promoters.
• Support decision-making through accurate and timely financial analysis.
• Establish governance frameworks for operational and financial oversight across entities.
• Ensure seamless data flow and reporting from finance teams of CSD, Realty, and NMDPL.
5.
Portfolio Strategy & Performance • Develop and implement asset management strategies • Monitor financial and operational performance, budgets, and KPIs for all properties.
• Identify opportunities for revenue enhancement and cost optimization across entities.
• Coordinate with finance and operations teams of CSD, Realty, and NMDPL to align asset performance goals.
6.
Owner Representation & Operator Management • Act as the primary liaison between Adani Hospitality Division and hotel operators.
• Negotiate and manage Hotel Management Agreements (HMAs) and related contracts for all group-owned hotels.
• Ensure compliance with brand standards and contractual obligations across multiple entities.
7.
Capital Projects & Asset Enhancement • Drive renovation, repositioning, and capital expenditure projects across all assets.
• Coordinate with AOC’s for approvals and execution of capex plans.
• Ensure timely execution within approved budgets and quality standards.
Technical Competencies
Financial Acumen and Strategic Decision-Making,Proficiency in MIS and Dashboard Reporting,Leadership and Stakeholder Management
Qualifications and Experience
Required Qualifications & Experience • Chartered Accountant (CA) or MBA in Finance from a reputed institution.
• Minimum 15–18 years of experience in financial management, preferably within the real estate or hospitality sectors.
• Proven expertise in managing large-scale financial operations and strategic planning.
• Preferable - Strong understanding of hotel operations, financial modelling, and brand management.
• Preferable – Experience in negotiating HMAs and managing multi-asset portfolios.
