Manoj Panasare (PhD)

Head Finance - ama and the Chambers @ The Indian Hotels Company Limited (IHCL)

About

Finance professional with over three decades at Indian Hotels Company Limited, shaping financial strategy, governance, and business performance across hospitality and diversified ventures.Experience spans corporate finance, internal audit, and operational finance, including financial restructuring of international entities and leading finance functions across multiple business lines.Worked closely on building and scaling businesses such as ama Stays & Trails and The Chambers, with a focus on strengthening financial discipline, improving operating performance, and enabling sustainable, long-term value creation.Strong focus on digital transformation—leveraging technology to simplify processes, enhance controls, and enable sharper, data-driven decision-making.Interested in building finance functions that balance control with agility and act as true partners in driving business performance.

Country

India

City

Mumbai

Industry

Hospitality

Skill

Statistical Data Analysis, Data Analysis, Corporate Financial Reporting, Planning Budgeting & Forecasting, Regulatory Compliance, Easily Adaptable, Critical Thinking, Control Testing, Solid Professional Standards, Presentations, Presentation Skills, Data Analytics, Teamwork, Business Strategy, Communication, Business Process, Financial Statements, Financial Forecasting, Tax, Finance

Experience

Head Finance - ama and the Chambers

The Indian Hotels Company Limited (IHCL)

2024-6 - Present · 2 yrs 4 mos

Mumbai

Associate Vice President - Finance, Expressions

The Indian Hotels Company Limited (IHCL)

2022-5 - 2024-7 · 2 yrs 3 mos

Bengaluru, Karnataka, India

Handling finance function for IHCL brands - The Chambers, ama, Qmin, Qmin QSR, JIVA spa, nue&nau & Taj Khazana.

Associate Vice President - Group Internal Audit

The Indian Hotels Company Limited (IHCL)

2019-7 - 2022-8 · 3 yrs 2 mos

Mumbai, India

Corporate Director-Group Internal Audit

The Indian Hotels Company Limited (IHCL)

2016-8 - 2019-7 · 3 yrs

Mumbai, India

Corporate Director - Finance

The Indian Hotels Company Limited (IHCL)

2015-4 - 2016-7 · 1 yr 4 mos

Mumbai Area, India

Corporate Director - Finance - Team Member for the Financial restructuring of international entities in the Taj Group.

General Manager Finance

TAJ TRADE AND TRANSPORT COMPANY LIMITED

2009-12 - 2015-3 · 5 yrs 4 mos

Mumbai, Maharashtra, India

Finance and Corporate Head. Mix of Corporate and Operational Finance for Taj Trade and Transport and Inditravel. Head Finance for Retail, Car Hire and Beauty Salons

Financial Controller

Taj Exotica Maldives

2008-5 - 2009-11 · 1 yr 7 mos

Malé, Maldives

Hospitality Operations Finance. Designated Company Secretary For TAL Maldives

Manager- Finance

Taj Land End

2006-12 - 2008-4 · 1 yr 5 mos

Mumbai, Maharashtra, India

Hospitality Operations Finance

Manager-Accounts

The Indian Hotels Company Limited (IHCL)

2002-7 - 2006-11 · 4 yrs 5 mos

Mumbai, Maharashtra, India

Part of the Corporate Finance Team

Manager-Accounts

TAJ Sevices Limited

2000-6 - 2002-6 · 2 yrs 1 mo

Chennai, Tamil Nadu, India

Car Hire

Chief Accountant

Taj Khazana

1998-1 - 2000-5 · 2 yrs 5 mos

New Delhi, Delhi, India

Head of Finance for Chain of High end Retail

Accountant

Kaishar Interiors

1994-4 - 1996-9 · 2 yrs 6 mos

Mumbai, Maharashtra, India

Construction, Interior

Education

University of Mumbai

Management

2019-5 - 2024-3 · 4 yrs 11 mos

Topic: Impact of CSR on the Stakeholders in the Indian hospitality Sector.

The Institute of Company Secretaries of India

Secretarial and legal

Company Secretary

Welingkar Institute of Management

Finance and Accounts

2002 - 2005 · 3 yrs

Summer Training ▪ “Experience Japan Program” Completed summer training in Japan and visited Toyota Motors, observed Toyota Motors production line and visited some of its suppliers. The project aimed at understanding supply chain management and the use of various strategic cost management tools by Japanese companies. • “Critical Analysis of the use of Strategic Cost Management Tools to Overcome Adverse Effect of WTO, with special reference to the Pharmaceutical Industry”. Companies chosen were Cipla and Glenmark.