Navin Shah named among Hozpitality's Best 30 Most Popular Finance Leaders in the Middle East for 2023
Navin Shah, the Chief Financial Officer of The Arts Club Limited, has been honored as one of Hozpitality's Best 30 Most Popular Finance Leaders in the Middle East for 2023. With over 20 years of professional experience in finance and accounts, Navin brings a wealth of expertise in strategic planning, budgeting, decision-making, financial management, risk management, and accounts and costing.
Having worked across diverse industries at both unit and corporate levels, Navin's specialized knowledge includes legal compliance and internal control setup, real estate development, rental pool and own-to-lease setups in accordance with Strata Law, pre-opening accounting and system setup, and hospitality project planning encompassing OS&E and FF&E. He also holds proficiency in human resources and training, making him a well-rounded finance leader.
In his role as the CFO of The Arts Club Dubai, Navin played a crucial part in establishing the club's international outpost, merging futuristic elements with the club's rich heritage. His visionary financial leadership and meticulous planning contributed to the grand opening of The Arts Club in December 2020, cementing its status as a prominent cultural destination.
Navin's positive approach, thoughtful personality, and strong leadership skills have earned him the respect and admiration of his colleagues. He is known for motivating his team to achieve targets while maintaining credibility and fostering innovation.
As a qualified chartered accountant and member of the Institute of Chartered Accountants of India, Navin is recognized for his unwavering dedication to employing astute financial and technical maneuvers. His expertise in controlling, working capital management, cost monitoring, audits, budgeting, forecasting, project feasibility study, and negotiating management agreements has contributed to substantial cost savings and revenue generation for The Arts Club.
Navin's remarkable contributions to the hospitality industry have garnered numerous accolades. In 2021, he was honored with the esteemed title of "Hospitality Business CFO of the Year" at the Global CFO Excellence Awards, and in 2019, he clinched the highly coveted Gold Award for Hospitality Excellence in Accounts and Finance in the Middle East.
With his visionary financial leadership, unwavering commitment to higher standards, and exceptional ability to strike a harmonious balance between practicality and idealism, Navin stands as an invaluable asset to The Arts Club. Demonstrating exceptional oversight across critical domains such as finance, procurement, IT, HR, and legal, he inspires and motivates his team to reach and surpass financial goals while fostering innovation within the dynamic landscape of the hospitality industry.
Navin Shah's extensive expertise, industry recognition, and remarkable achievements make him a true trailblazer in the field of finance, driving success for The Arts Club and leaving an indelible mark on the Middle East hospitality industry.
Amit Singh
Mumbai, India
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