Group of Financial Consultants, Advisors, Trainers - Luxury Hospitality and Real Estate Sectors
We have a Team of Consultants with diversified experience We provide the Services which also include - Real Estate and Development - Hotels Construction and Development - Apartments Construction and Development - Mall Construction and Development >> Hotels Operations and Management - Pre-opening Phase - Opening Phase - Operations Management >> Financial Feasibilities >> Human Resource, Hiring >> Trainings >> Consultancy >> Advisors >> and Many More... Hotels -
Luxury Hospitality and Real Estate Sectors
Group CFO,
Cluster Director Of Finance,
Consultant and Advisor
Things I Can Do
Construction, Development and Preopening of Luxury Franchise 5 Star Hotels and Restaurants.
Internal Controls and Financial Controls Review, Identification of Gaps and Implementation of Strong Controls with detailed SOP
Feasibility Reports for new projects
Review and advice on New Luxury Hospitality and Real Estate Projects
Increased Hotels’ GOP. Reduced per occupied room cost, food & beverage cost percentage and overheads without comprising on standards through effective internal controls, audit, cost containment meetings, Profit Protection Plan and staff trainings.
Assessed adequacy of Internal Checks & Controls and Implementing required changes to plug loop holes in the Operation and Financial Policies & Procedures. Detected manipulation of accounts, Frauds and cash embezzlements.
A Few Accomplishments
Detail-oriented, accomplished and solutions-focused CFO & Cluster Director Of Finance with 23 years’ experience including 16 Years in Hotel Operations of 2 Marriott International Hotels + 4 Pearl-Continental Hotels [formerly Inter-Continental Hotels] and 3.5 Years in Corporate Office of Hashoo Group [ www.hashoogroup.com ] for Management Audit, Transformation and Refurbishment of 2 Marriott International Hotels and 7 Pearl Continental Hotels, Financial Reporting of 1 Public Ltd Company & 5 Private Ltd Companies, Construction & Development Projects of 3 New 5* Hotels and 1 Apartments building. Got performance based 6 Promotions in 1st 7 years, worked on 9 designations in 6 main 5 star Hotels and Corporate Office of Hashoo Group. Due to the negative impact of COVID-19 on hospitality industry, all projects were on hold therefore lost my Job on June 30, 2020 and worked on different consultancy assignments which includes Feasibility and review of new Hotel Construction and Development Projects, Internal Controls and Financial Review of Restaurants and Food Outlets, Financial Consultancy as a Head of Finance & CFO for day to day operations, Taxation, Internal Controls, review and implementation of SOPs, review and implementation of new ERP Munshi10 for Hotels, dealing with Government departments for Taxation issues, filing of Sales Tax returns. Joined Bismillah Group as GM Finance [BOD] in June 2021 [ www.oneconstitutionave.com ] for their Project of One Constitution Avenue Islamabad which includes (i) 51 Story Grand Hyatt Franchised Hotel Tower with 250 Rooms, 280 Serviced Apartments, Restaurants and Banquet Facilities. (ii) 2 Apartments Towers of 23 story with 254 Apartments, (iii) Shopping Mall, Offices Tower.
I joined Sevens Holding Wll Head Office Bahrain [ www.sevensholding.com ] and Royal Saray Resort Wll [ www.royalsaray.com Previously managet by Jumeirah and Accor ] as a Director Of Finance in February 2022. Based on my Performance I got promoted to the position of Cluster Director Of Finance and then again promoted on January 01, 2024 to the position of CFO.
Construction, Development and Preopening of Luxury Franchise 5 Star Hotels and Restaurants.
Negotiation of TOR with Grand Hyatt for 51 Storeys Grand Hyatt Islamabad, Pakistan www.oneconstitutionave.com
Managed to Finance through Banks for Bank Guarantee, lease payments and construction to bridge the Gap in Balance of receipts and payments.
Increased Hotels’ GOP. Reduced per occupied room cost, food & beverage cost percentage and overheads without comprising on standards through effective internal controls, audit, cost containment meetings, Profit Protection Plan and staff trainings. Also worked with M/s. McKinsey & Company on Transformation for increase in group profitability.
Assessed adequacy of Internal Checks & Controls and Implementing required changes to plug loop holes in the Operation and Financial Policies & Procedures. Detected manipulation of accounts, Frauds and cash ebazzelements.
Prepared & implemented various Policies, Officers/ENT Checks Policy got appreciated & implemented in all Group.
Implemented internal controls, SOPs and SLAs in the tender, negotiation, workorder/contracts approvals and payment process to expedite and saved at least 15% of the total project costs without compromising on standards.
Saved USD1.1M and USD1M in two contracts by retendering as per implemented SOPs, SLAs and negotiation.
Implemented ERP Oracle & MFF, FMC, Opera in Pearl Continental Hotels. ERP Munshi10 in Hotels.
Implemented online purchase system (Tejari system) in the Purchase Department. Implemented Wave in all hotels.
Got performance based 6 Promotions in 1st 7 years, worked on 9 designations in 6 main Hotels and Corporate Office.
Successfully negotiated with Union of workers in all Hotels and handled union matters alongwith HR.