Deputy General Manager - Finance

Role Purpose:

The role will be responsible for driving lease controllership, transaction advisory, financial modelling, merger & acquisition support, and strategic decision support for Mahindra Holidays & Resorts India Limited. The incumbent will partner with business leaders to evaluate investments, optimize lease portfolios, assess growth opportunities, and ensure compliance with applicable accounting standards and regulatory requirements.

Key Responsibilities:

Lease Controllership & Portfolio Management

• Lead financial oversight of the Company's lease portfolio in compliance with Ind AS 116 and other applicable accounting standards.
• Evaluate lease structures, renewals, renegotiations, and new lease opportunities from a financial and commercial perspective.
• Develop financial models to assess lease viability, profitability, and long-term value creation.
• Monitor lease-related risks, commitments, liabilities, and accounting impacts.
• Identify cost optimization opportunities and drive initiatives to improve lease portfolio returns.

Mergers & Acquisitions (M&A)

• Support identification, evaluation, and execution of acquisition, partnership, joint venture, and strategic investment opportunities.
• Conduct financial due diligence and valuation analysis of target businesses and assets.
• Assess transaction structures and recommend optimal commercial and financial arrangements.
• Coordinate with internal and external stakeholders including investment bankers, consultants, legal advisors, auditors, and business teams.
• Prepare investment memoranda and presentations for senior leadership and Board review.

Financial Modelling & Decision Support

• Build and maintain robust financial models for investment decisions, capital allocation, greenfield projects, resort expansion, and strategic initiatives.
• Perform scenario analysis, sensitivity analysis, and return-on-investment assessments.
• Provide actionable insights to leadership through data-driven analysis.
• Support annual budgeting, business planning, and forecasting related to strategic projects.

Agreement & Contract Evaluation

• Review term sheets, lease agreements, management contracts, concession agreements, RFPs, and commercial proposals.
• Identify key financial, commercial, and contractual risks.
• Recommend risk mitigation strategies and negotiate financially beneficial terms.
• Ensure compliance with internal governance and approval frameworks.

Finance Controllership & Compliance

• Provide expert guidance on Ind AS 116, Ind AS 109, and related financial reporting requirements.
• Partner with accounting and audit teams to ensure accurate financial reporting and disclosures.
• Strengthen controls, governance processes, and compliance mechanisms related to leasing and strategic transactions.
• Support statutory, internal, and management audits.

Stakeholder Management

• Collaborate closely with Finance, Business Development, Legal, Projects, Procurement, and Operations teams.
• Manage relationships with landlords, consultants, auditors, valuers, bankers, and regulatory authorities.
• Present recommendations and business cases to senior management and leadership forums.

Desired Candidate Profile

Education

• CA Qualified or MBA in Finance from renowned institute

Experience

• 10-15 years of relevant experience in Corporate Finance, Lease Controllership, M&A, Financial Planning & Analysis, Transaction Advisory, or Investment Banking.
• Experience in hospitality, real estate, infrastructure, retail, or asset-intensive businesses will be an advantage.
• Strong understanding of lease accounting (Ind AS 116), financial modelling, valuation techniques, and M&A transactions.