Treebo - Financial Controller - CA

Treebo; Bengaluru; On-site; INR 2,500,000 - 3,800,000; Full time

Job summary

Treebo Hospitality Ventures (THV) is seeking a senior finance leader to oversee all hotel unit financial operations, ensure robust accounting, cash flow management, and internal controls. You will drive cost efficiencies, budgeting, and investment evaluation across the portfolio.

The role requires CA qualification with 7–8 years of experience and 2–3 years in a Financial Controller-like position, preferably in retail/hospitality.

Qualifications

• CA qualified with 7–8 years of experience in finance
• Prior experience as Financial Controller or similar role (2–3 years)
• Thorough knowledge of accounting principles and standards
• Strong analytical and communication skills
• Experience in vendor negotiations will be helpful

Responsibilities

• Oversee all financial operations of the hotel units, including accounting and cash flow management
• Identify cost efficiencies and opportunities for savings across the business
• Prepare SOPs to mitigate risks and ensure compliance across units
• Assess investments in existing and new units for profitability
• Develop and maintain internal controls to safeguard assets
• Coordinate annual budgeting process and provide financial projections
• Evaluate improvements to financial processes and systems for efficiency
• Provide financial guidance to senior management including risk assessment
• Manage internal and external stakeholders effectively
• Work with procurement to build a strong vendor/OEM network across India
• Lead and develop a high-performing finance team with coaching and growth opportunities
• Ability to work under pressure and meet deadlines in a fast-paced environment

Skills

Financial analysis

Stakeholder management

Team leadership

Regulatory compliance

Vendor negotiations

Education

CA Chartered

Job description

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.

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)