Sujith Joseph Recognized in Hozpitality's Best 30 Finance and Revenue Leaders in the Middle East for 2024
With more than 22 years of experience in operations management, financial reporting, process management, auditing, and team leadership, Sujith Joseph is a tenacious and goal-oriented professional who brings a wealth of expertise to the hospitality sector.
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Sujith Joseph, Cluster Finance Manager at Hilton Garden Inn Al Mina, Hilton Garden Inn Al Muraqabat, and Hampton by Hilton Dubai Airport, has been honored as one of Hozpitality's Best 30 Finance and Revenue Leaders in the Middle East for 2024.
A tenacious, result-oriented professional with over 22 years of experience in operations management, financial reporting, process management, auditing, and team leadership, Sujith Joseph brings a wealth of expertise to the hospitality industry. His impressive career includes pre-opening finance and systems implementation for four 5-star properties, asset management, and financial controls.
Sujith excels in budget preparation, weekly/monthly, and rolling forecasting, and is adept at preparing, reviewing, and amending financial policies and SOPs to ensure robust process controls. He has successfully centralized finance activities, developed various business models, and fostered strong vendor relationships and negotiations. Proficient with PMS, POS, finance, and procurement systems, Sujith has demonstrated his ability to monitor, approve, and prepare contracts, cash flow, payments, receivables, and payroll processing.
Since joining the cluster in late 2022, Sujith has significantly transformed the financial operations, driving substantial improvements and earning widespread recognition. His strategic vision and dedication to financial health have streamlined processes and aligned organizational and ownership goals. His relentless focus on accounts receivable resulted in an impressive 82% reduction in AR debt over 90 days.
Under Sujith's guidance, the cluster achieved a historic GOP of 35.3% in 2023, surpassing the budgeted 24.6%, despite ongoing refurbishments. He maintained the highest occupancy levels and drove a 10% year-on-year increase in RevPAR and an 18% growth in F&B revenues. His collaborative approach with the General Manager and Sales Team has been crucial to these successes.
Beyond financial performance, Sujith is a role model and mentor. His commitment to fostering a culture of growth and empowerment has enabled his team to thrive, leading to professional development and recognition.
Minakshi Pandey
India
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