Mayank Garg

• Heading Finance & Accounts function as Financial Controller ensuring all accounting and financial requirements for the Realty Business and the Wellness / Hospitality venture (currently Hilton Shillim Estate Retreat & Spa ) in an environment of control.
• Looking after the portfolio of around 18 companies under the realty group
• Direct reporting to the Managing Director of the company
• Providing financial support, advice and expertise and expertise to the Managing Director and the team, with the aim of value.
• Create financial discipline within Realty and guide the business in building an efficient and effective financial management system.
• Lead productivity improvement initiatives and any other operational improvement activities in order to achieve profitable growth for the business.
• Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis.
• Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.
• Introduced internal controls to monitor critical areas of financial control
• Directed corporate decision-making and planning by monitoring and setting policies and procedures to optimize fiscal performance.

The Oberoi Group Corporate Office - June 2020 - July 2020

Worked as Corporate Controller at The Oberoi Corporate office, New Delhi

The Oberoi Sukhvilas Resort and Spa - - June 2016 - June 2020

Worked with The Oberoi Sukhvilas, New Chandigarh, Mohali as Deputy General Manager - Finance heading finance department.

• Pre-opening of this wonderful project.
• Setting up Finance department from recruitments to implementation of SOPs, policies and procedures as needed to ensure internal controls
• Prepare and present annual budget, capital budget and rolling forecast, in conjunction with the General Manager to the Managed / owning company.
• Develop, document and maintain financial report and budget expenses.
• Generate and implement hotel best practices to enhance revenues, guest service and to improve cost and productivity
• Maintain compliance with all legal requirements, finance and accounting policies and procedures of the hotel
• Provide complete and accurate financial and management reports

The Oberoi Cecil, Shimla - Sept 2007 - May 2016

Worked as Financial Controller .

• Responsible for supervising and directing the financial activities of the hotel
• Safeguard hotel assets and prepare all financial reports
• Perform the tasks of monitoring and approving sales, purchases, salaries, and expenses of the hotel
• Assist and counsel department heads in the interpretation of financial data and recommends courses of action to maximize profitability
• Prepare annual plan, projections and budgets throughout the year and advise hotel management and corporate office.
• Interview, train, supervise, counsel, schedule and evaluate the performance of staff

Radisson Jass Hotel, Shimla - From April 2006 to August 2007 Radisson White Sand Resort, Goa - From January 2006 to April 2006

Worked as Finance Manager in Radisson Jass Hotel, Shimla.

• Develops and implements accounting and finance strategies that support achievement of the hotel's goals.
• Develop the annual budget in conjunction with the Executive Team.
• Provide management with reports and information that can be used as a basis for improved decision making.
• Responsible for communication between hotel management and owners
• Worked with Corporate Accounting in the resolution of accounting issues at the hotel and in the preparation of hotel financial statements and reports.
• Recruited and selected qualified candidates.
• Analyzed financial statements against forecasts to prepare high-level variance analysis.

I joined Radisson Goa in January 2006 as Finance Manager for their property at Diani Beach Resorts and Spa, Mombassa, Kenya. Later on in April 2006, I was being transferred to Radisson Shimla, as Finance Manager.

Joined Ananda In the Himalayas as Pre-opening Team .

• Handled all day to day operation of the finance department.
• Monitored all types of General Ledger entries, all provisions, pre-paid expenses, and stores related entries, Cash flow statement etc.
• Actively participated in the preparation of annual budget, department wise revenue as well as expenses.
• Trained new and existing staff members in various financial procedures to prepare for job requirements.
• Prepared the Monthly Information statement (MIS) for all departments as well as for Chairman & Managing Director, this covers the profit & loss statement of all departments with detailed variance analysis with budget as well as previous year figures.

Started career with Sterling Resorts as Accounts Officer.

• Looked after all day to day accounting function at the resorts, like monitored and management of cash flow at the resort and keeping and maintaining proper accounting records.
• Analyzing the data and presenting the reports in the prescribed format to help management in making the decision.
• As head of finance department I got a wide exposure to work with all areas of finance department like stores, purchase, receivables, payables, controls etc.