Chandrasekhar J.

Financial Planning & Analysis Presentation Prepare annual budgets, forecasts, and strategic plans Coordinate with General Management and corporate finance teams.Analyze financial performance against budget/forecast.Report key variances with insights and recommendations. Ensure timely and accurate financial reporting Follow ITC Group policies and accounting standards.Supervise preparation of P&L, balance sheets, and cash flow. Monitor expenses and optimize revenue streams Identify cost-saving opportunities.Work with operations to improve margins.Optimize revenue streams like rooms, F&B, banquets. Ensure compliance with statutory requirements Comply with GST, income tax, TDS, and internal policies.Coordinate with auditors and implement corrective actions. Oversee cash flow planning and working capital management Ensure funds availability for operational needs.Manage working capital, vendor payments, and receivables. Team Leadership & Development: Lead, mentor, and supervise the finance and accounts team at the property. Build strong working relationships with department heads and support them with financial insights. Internal Controls & Risk Management: Maintain and strengthen internal controls to safeguard hotel assets. Identify potential financial risks and implement risk mitigation strategies. Systems & Process Improvements: Drive automation and use of financial systems (e.g., ID'S, Prologic, Opera, Micros, Win HMS, Oracle, SAP, Sun Systems, ERP, Ms.Excel, PPT, Ms. Office) for process efficiency. Continuously improve financial processes and procedures. Strategic Business Partnering: Act as a key advisor to the General Manager on financial implications of business decisions. Participate in business reviews and strategic planning sessions. Liaison with Corporate Office & Stakeholders: Coordinate with ITC Hotels’ corporate finance and compliance teams for group-level reporting and initiatives. Provide timely updates to stakeholder queries.

Finance Accounts. Budgeting And Forecasting. Funds Flow Management. Projections. Financial Management. Financial controller. Account Management. Variance Analysis. Cost Reduction. Monthly review of PNL for all units. Internal and statutory Audit observation and reply. Prepare SOP for streamline the strong process and implement the same strongly.

 Managing daily cash balances.  Ensuring that cash flows are adequate to allow business units to operate effectively.  Forecasting cash payments and anticipating challenges arising from limited cash flow.  Maintain banking relationships and negotiating loans and merchant services for business units Maintaining our accounts system.  Preparing and presenting financial reports for meetings and investors.  Working with executives and business heads to prepare budgets and track profit / loss performance by business unit and on consolidated basis.  Creating solutions to new financial challenges by applying financial/treasury knowledge.  Liaising with other departments and business units on a range of issues.  Providing advice on financial matters impacting on the company as a whole.  Taking responsibility for, and supervising the work of, more junior members of staff.  Preparing financial reports and submissions to relevant government entities.  Arranging financial audits and reviews as required.  Banking money and cheques received and issuing receipts as requested or needed.  Processing credit card payments received and transferring money from Paypal accounts.  Maintaining and transferring money between bank accounts as required  Payment of invoices and fees as required or otherwise instructed.  Enforces credit policy and assure adherence to accepted standards.

The Park’ Hotels 5*deluxe In Apeejay Surrendra Group. Ensure that the required journal entries are prepared on a timely basis. Ensure that month-end closing entries are done as per standard procedure. Prepare reports, schedules and analysis that may be required by the Financial Controller. Investigate and resolve problems associated with processing of invoices and purchase orders. Maintain and administer Accounts Payable databases. Tax related matters such as computations, payments and reports to Tax Bureau are complied with.(luxury tax/Service tax/Vat/TDS entry) Reconcile creditor’s statements of accounts against the records. Preparing Creditors Outstanding List and making payments accordingly. Monitor Accounts Receivable Aging reports. Prepare and submit periodic invoices to sponsors. Assist with submission of (past due) progress/technical reports. Initial invoice follow-up @ 60-90 days past due or based on collection risk. Handled Accounting tasks related to accounts payable and receivable. Efficiently managed every accounting tasks handled over by team and completed tasks to satisfaction. Bank reconciliation