Summary
Overview
Work History
Education
Skills
Websites
Timeline
85

Atul Jain

Chief Operating Officer
Delhi

Summary

Dynamic and financially astute Chief Operating Officer with over 25 years of progressive leadership experience in international hotel brands, concepts, and operations. Chartered Accountant recognized for expertise in financial stewardship, operational transformation, and strategic expansion, consistently delivering business growth while optimizing multi-property portfolios. Proven ability to drive brand development and positioning, enhance operational efficiency, and launch new brand platforms while ensuring profitability in complex environments. Adept at leading cross-functional teams and forging strong owner relationships across diverse markets, fostering a culture of collaboration that aligns teams with organizational goals for tangible outcomes.

Overview

31
31
years of professional experience

Work History

Chief Operating Officer and Director

BWH Hotels
01.2016 - Current
  • Before securing the position, singly negotiated and executed the Master License Agreement with BWH Hotels on behalf of Sorrel Hospitality Pvt. Ltd..
  • Spearhead operations of the company with 7 hotels in 2016 taking the numbers to 65 hotels with 38 operating and 27 in developments.
  • With Proven track record in launching and managing multi-property portfolios across India, Sri Lanka and Bangladesh.
  • Formulated strategic plans aligning with overall company vision; setting achievable short and long-term goals to drive growth and profitability.
  • Enhanced company reputation by establishing strong relationships with clients, partners, and stakeholders.
  • Promoted a positive corporate culture by implementing employee engagement programs that recognized achievement and fostered collaboration among teams.
  • Oversaw day-to-day operations to keep organization running smoothly while meeting business goals.
  • Negotiated contracts and agreements to secure favorable terms and maximize profits.
  • Identified and pursued business development opportunities to grow organization and increase revenue.
  • Elevated brand reputation, leading comprehensive rebranding efforts that resonated with target audiences and differentiated company in competitive market.
  • Streamlined operations by implementing efficient processes and systems, leading to increased productivity and cost savings.

Chief Financial Officer/ Chief Development Officer

Carlson Hotels Asia Pacific
11.2000 - 12.2015
  • Joined the Group in November 2000 to lead the finance department. as ‘Manager Accounts & Finance’ and promoted as ‘Chief Financial Officer’ in 2005. In 2013, I have been promoted as ‘Chief Development Officer’ and ‘Chief Financial Officer’.
  • During this period handling operations of Carlson JV Company in India i.e
  • (i) Country Development & Management Services Pvt. Ltd., company involved in the franchise and management of “Country Inn & Suites By Carlson” brand in India.
  • (ii) Carlson Hospitality Marketing India Pvt. Ltd., Company incorporated to handle and provide sales & marketing and reservation services to Carlson hotels in India. The Company currently have nine regional sales offices across India.
  • Responsibility/Job profile:
  • Reporting to Managing Director. Key responsibilities:
  • Brand development - meeting with potential owner for brand tie-up, negotiations on commercial terms, Legal agreements, project implementation, vendor management etc.
  • Project cost controls, project cost budgeting, project MIS, debt funding, fund management.
  • Working closely with marketing head for marketing tie-ups, promotions, budgeting and marketing plans. Instrumental in launching loyalty program for bookers of Carlson hotel in India and setting up of toll-free reservation centre.
  • Financial and strategic planning.
  • Operating and working capital management
  • Cash flow management
  • Project Financing and Implementation.
  • P&L Management
  • Audit and compliance
  • Budget development and management
  • Legal and statutory matters including income tax, service tax, Registrar of Companies etc.
  • Legal agreements (including shareholders, franchise and management).
  • Responsible for handling and coordinating in consultation with Company Lawyers, legal cases including IPR matters, dispute with franchisee, Arbitration matters/proceedings.
  • Conducting and managing Meetings of the Board of Directors.
  • Reporting of Asia Pacific CFO on operational budgets, monthly MIS, implementation of Carlson policies in head office and units.
  • Setting up finance department of units under management, its systems and internal control procedures. Implementation of Standard Operating Procedure of maintaining accounts.
  • Review and finalization of unit’s operational annual budgets, business plan, capital budget. Conducting budget review meetings with unit head and other departmental heads.
  • Analyzing of unit (hotels under management) financial statements on regular basis and advising them in improvising their systems and controls.
  • Analyzing MIS reports to provide feedback to top management in financial performance viz. fund management, credit control, profitability etc.
  • HR initiatives and framing and implementation of HR policy.
  • During this tenure, Group invested into another company, Tristar Hotels Pvt. Ltd with the vision of owning, developing and managing portfolio of Serviced Apartments and Hotels across India. Initially group planned to develop 9 serviced apartments including hotels in different cities. I was made responsible for putting the vision into financial model and business plan for the company. The company raised funds from private equity funds from overseas and term loan from bank. I was member of the committee of Board Members leading this project.
  • The group also ventured into owning and developing Serviced Apartment across India. As part of the executive committee leading the venture, created the business plan to develop 9 serviced apartments and secure funding from financial institution and raised private equity.
  • Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
  • Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.
  • Conducted detailed analysis of company financial information and oversaw preparation of related reports.
  • Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
  • Implemented tax planning strategies that minimized liabilities while ensuring full compliance with local, state, and federal laws.
  • Developed strategic financial plans to support company growth and achieve long-term objectives.
  • Spearheaded due diligence efforts for potential partnerships or joint ventures, securing mutually beneficial arrangements that supported company growth objectives.
  • Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
  • Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
  • Collaborated with legal, accounting and other professional teams to review and maintain compliance with regulations.

Manager (Finance)

SPL Finance Ltd.
02.1997 - 11.2000
  • Company Overview: A Reserve Bank of India approved Non Banking Finance Company dealing in retail finance mainly vehicle and consumer goods. In addition group had interest in dealing in petroleum products, LPG bottling plant.
  • Responsibility/Job profile:
  • Reporting to Managing Director. Key responsibilities:
  • Supervising and handling the accounts and related tax matters of the group.
  • Liaising with statutory / internal auditors etc. for timely completion of audits as well as implementation of audit observations.
  • Determining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial control
  • Assisted in compliance to statutory norms as per Companies Act, which includes Company Incorporation, drafting Minutes, Resolutions etc.
  • Arranging & filing of Annual Returns and various statutory forms & documents to ROC.
  • Analysing MIS reports to provide feedback to top management in financial performance viz. fund management, credit control, profitability etc.
  • Managed and motivated employees to be productive and engaged in work.
  • Maximized performance by monitoring daily activities and mentoring team members.
  • Controlled costs to keep business operating within budget and increase profits.
  • Achieved departmental goals by developing and executing strategic plans and performance metrics.
  • Mentored junior team members for career advancement, fostering a pipeline of future leaders within the organization.

Chartered Accountant

Bubber Jindal & Co.
07.1994 - 12.1996
  • Company Overview: A chartered accountants firm engaged in the audits, taxation and professional services and consultancy work in respect of income tax and company law matters.
  • Associated as Audit Manager
  • Statutory Audits and Limited Review of Body Corporate including Public Sector undertakings, Public sector Banks; Co-operative Societies;
  • Tax Audits under the Income Tax Act, 1961.
  • Concurrent Audit of branches of Banks;
  • Development of audit and work manuals, Management Information System.
  • Incorporation of companies, Registration of Charges, Alteration of Memorandum and Articles, Filing and registration various forms and Preparation of secretarial records, etc.
  • Returns of Income Tax, Wealth Tax, Tax Deducted at Source and Service Tax of Companies, Societies, Trusts, Individuals
  • Organizational Structuring, Project Reports, Developing Internal control procedures, Cash Flows, MIS consultancy
  • Provided valuable insights to clients through comprehensive financial analysis and strategic planning.
  • Ensured compliance with tax regulations by accurately preparing and submitting tax returns for clients.
  • Created detailed financial reports based on financial statuses and data.

Education

Chartered Accountant - Financial Management

Institute of Chartered Accountants of India
Delhi
04.2001 -

B. Com (Hons) - Financial Analysis

University of Delhi
Delhi, India
04.2001 -

Skills

Planning and execution

Websites

Timeline

Chief Operating Officer and Director

BWH Hotels
01.2016 - Current

Chartered Accountant - Financial Management

Institute of Chartered Accountants of India
04.2001 -

B. Com (Hons) - Financial Analysis

University of Delhi
04.2001 -

Chief Financial Officer/ Chief Development Officer

Carlson Hotels Asia Pacific
11.2000 - 12.2015

Manager (Finance)

SPL Finance Ltd.
02.1997 - 11.2000

Chartered Accountant

Bubber Jindal & Co.
07.1994 - 12.1996

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Atul JainChief Operating Officer