Samad Azhar

Vice President Strategy & QSR @ Mid-Continent Hospitality

About

As a passionate professional with a deep-rooted expertise in asset management and corporate strategy, I thrive on driving growth and maximizing value for our growing portfolio at Mid-Continent Hospitality (MCH). Always keen to keep up with market dynamics to develop and implement robust strategies. With extensive experience in acquisitions, I excel at identifying strategic opportunities and navigating complex negotiations to secure assets that foster sustainable success. I believe in the power of collaboration and open communication, fostering strong relationships across all levels of an organization. I strive to cultivate a culture that encourages creativity and strategic thinking, ultimately leading to impactful results. My analytical mindset and forward-thinking strategies have consistently contributed to the profitability and resilience of our portfolio at MCH. Let’s connect to explore ways we can work together for more success and navigate the hospitality asset management landscape!

Country

United States

City

Dallas-Fort Worth Metroplex

Industry

Hospitality

Skill

Hotel Development, Hotel Asset Management, Hospitality Projects, Operational Excellence, Financial Forecasting, Project Management, Team Leadership, Data Analysis, Business Planning, Forecasting, Finance, Auditing, Budgeting, Financial Accounting, Generally Accepted Accounting Principles (GAAP), M3, Debt Restructuring, Internal Controls, Financial Statements, QuickBooks

Experience

Vice President Strategy & QSR

Mid-Continent Hospitality

2023-8 - Present · 3 yrs 2 mos

Dallas-Fort Worth Metroplex

Regional VP- Finance and Operations

Mid-Continent Hospitality

2015-3 - 2022-7 · 7 yrs 5 mos

Dallas-Fort Worth Metroplex

- Directly worked with senior management and departments providing in-depth analysis and preparing monthly reporting for the ownership - Provided detailed analysis of causes of unexpected variances, highlighting focus areas to improve overall company performance - Led the budgeting process for the company during my tenure, with over 92% budget accuracy - Analyzed historic and current trends in key performance indicators including all areas of revenue, cost of sales, OPEX and CAPEX - Led the M&A team, providing supporting forecasts and analyzing potential projects to evaluate overall impact on company's performance (10+ Acquisitions) - Collaborated with the accounting department in reviewing the monthly financials, providing critical feedback to improve completeness & accuracy - Developed and managed weekly/monthly reporting in support of the operations team, using complex business tools to identify strategic company initiatives and implement profit improvement plan.

Assistant Accountant

Mian Co Hospitality Group

2013-1 - 2015-2 · 2 yrs 2 mos

California, United States

- Accounting Assistantfor a multi-million-dollar hospitality and real estate company, administered and performed all aspects of accounting and finance, accounts payable/receivables, bank and account reconciliations, general ledger, balance sheet and P&L statement maintenance. - Managed the reporting process for inter-company activity and transactions, collaborating directly with the CEO to learn about key business decisions, strategies, and debt-finance structuring. - Led operational and financial internal audits on a property level. Implemented cost control across the company resulting in operational efficiencies and reductions in monthly costs while maintaining quality of product. - Proactively completed scheduled tasks ensuring management month end deadlines were met, including payroll reporting, state/local tax filings.