Giridhar Hublisai. Giridhar Hublisai.


Giridhar Hublisai, group financial controller, Citymax Hotels

About Giridhar
Giridhar brings 15 years of comprehensive finance experience from well-known hotels and grew in increasing responsibilities throughout time. His industry segment experience includes budget hotels, three star hotels, four star hotels, five star hotels, five star deluxe hotels, business hotels, resorts, airport hotels, hotel projects. His portfolio includes but not limited to Core Finance functionalities, working capital management, Accounts Receivable, Accounts Payable, inventory management. He started his career as assistant accounts manager in year 2000 for GRT Hotels and Resorts Association Private Limited where he learned all the financial fundamentals of a hotel In 2004 he joined as Financial Manager in Hulhule Island Hotel where he learned about procurements at difficult locations and difficult logistics He then joined as Financial Controller in 2008 for the Leela Kempinski Mumbai In 2009 he joined the Hyderabad Marriot Hotel as Unit Financial controller which further exposed him to the financial operations and project procurements Mr. Giridhar currently holds the position of Group Financial Controller in Citymax Hotels after joining in 2011. He leads the Finance team of all three Citymax hotel properties and projects.He overlooks all operationaland project procurement

Above and beyond the call of duty…
Being a midmarket segment and budget hotel, it is very much difficult to maintain the profitability to investors, meet the guest requirements without compromising quality / offerings. We uplift our hotel philosophy of three star prices, four star offerings with five-star service. With this philosophy and thin bottom lines there is tremendous pressure on finance and purchase folks to keep-up the complete knowledge on the cost factors and control the same without compromising the guest experience. We have implemented as a cost control and efficiency optimisation measure a renegotiation with vendors, explaining the price point we are at and negotiating the competitive rates for the supplies. Reduction in AMC charges by 5%. We have negotiated with major service providers like laundry and outsource contractors, reduction of the charges by 15% and continue the service quality without any compromise. Annual savings are around AED 500K for three properties. There was no skeleton for the finance team, with his leadership he was able to unite the team towards achieving the goal in the same direction. Finance team was able to achieve work life balance in his term.

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Testimonials for Giridhar
“Indeed, it’s my pleasure to drop you a testimonial on what you have achieved in a short span of time, your demonstration on streamlining procurement policy and procedure as well as successful implementation of the same was a big achievement across the hotels therefore all the users of the hotels are feeling comfortable, easy to follow the process. You never stopped yourself only on this, your unique skill on vendor negotiation on any purchases no matter how small or large in investment is extra ordinary. Selection of “the best” laundry service for the hotel guest is another example of your capability. Extensive knowledge in system software and hardware is added value for Citymax Hotels, you have always been a supportive for IT department to move forward and deployment of the same to achieve hotel target as well as to equip with latest technology in the hotel.” anon.

“I am pleased to know that you have been rightly nominated for a Hotelier award. You are heading our Corporate Finance & Procurement for over a year and have successfully centralized purchase systems for all three properties. Your thorough knowledge about procurement & related field has not only helped us choose the right products but has also helped us control costs through your supplier relationship & negotiation skills. I strongly recommend your candidature and take this opportunity to wish many such accolades.” anon.