Biju Abraham

Vogo Hospitality a Division of Ascorp Holding Group, UAE &
South Africa Jan 2023 - Present (Diversified private investment group with AED 2.5B+ assets;
operates high-end hotels, resorts, and residential assets in UAE & South Africa, including
Oubaai Golf Resort, Vogo Grand Dubai, KSK Homes, Vogo Abu Dhabi Golf Resort & Spa, and
Abu Dhabi Golf Club)

• Strategically managed financial operations across five hospitality assets in two countries.
• Oversee the operator selection process, asset management projects, and technical
agreements to maximize profitability for Vogo Hospitality in UAE and / or assigned region.
• Prepare and analyze asset management reports, identifying areas for improvement and
recommending actionable solutions.
• Lead pre-opening projects as directed by the CEO, ensuring timely and accurate execution.
• Develop and maintain strong relationships with internal and external stakeholders to drive
business growth.
• Reviewed monthly performance reports to ensure strict adherence to budget and strategic
goals.
• Evaluated intercompany transactions and successfully implemented robust transfer
pricing guidelines.
• Approved capital expenditure plans, ensuring alignment with strong return-on-
investment metrics.
• Supervised the preparation and consolidation of precise monthly and annual financial
statements.
• Led successful ERP/PMS integrations (Opera Cloud and Prologic), optimizing financial
reporting.
• Assessed tax obligations, regulatory compliance, and cross-border fiscal practices
effectively.
• Oversaw comprehensive internal audits and ensured strict compliance with internal
control frameworks.
• Evaluated cash flow forecasts and implemented proactive risk management strategies.
• Reviewed payroll structures and led significant manpower optimization initiatives.
• Approved supplier contracts and negotiated favorable vendor financing strategies.
• Oversaw monthly reforecasts and rolling budgets across all properties.
• Supervised strategic planning processes, including the setup of detailed KPI dashboards
via Power BI.
• Provided strong leadership to property finance heads, driving process standardization and
efficiency.
• Assessed working capital adequacy and optimized banking relationship strategies.
• Directed merger and acquisition processes for multiple properties, including due
diligence, financial valuations, legal structuring, integration planning, and post-
acquisition performance monitoring.
• Collaborated extensively with legal, compliance, and operations teams to assess financial
risk and viability of target acquisitions.
• Led critical financial negotiations and successfully integrated acquired assets into group-
wide financial systems and reporting platforms.
o Reduced consolidated monthly reporting time by 35% through automated
templates and Power BI integration.
o Initiated payroll restructuring, resulting in a 12% reduction in manpower
costs.
o Streamlined intercompany reconciliation processes, significantly improving
accuracy and audit readiness.
o Successfully led the financial due diligence and integration of a South
African resort and a Dubai-based hotel, contributing to a 20% expansion in
the group's asset base

Financial and Management Accounting Responsibilities

Reporting to: Hotel General Manager, Owner


 The main responsibilities are managing the accounting records, and financial reports and overseeing the issuance of SBU's financial reporting.
 System implementation training & execution.
 To ensure that the books, records, and accounts are maintained accurately and fairly reflect the transactions and administration of the assets of the hotel.

 Ensure general ledger postings are in compliance with a uniform system of accounting for the lodging industry.

 Establish a strong cash management control, prepare monthly cash flow forecast, and recommend actions accordingly.

 Ensure all balance sheet accounts are fully reconciled on a monthly basis and discrepancies are immediately identified and corrected

 The main responsibilities are managing the accounting records, and financial reports and overseeing the issuance of SBU's financial reporting.

 To ensure that the books, records, and accounts are maintained accurately and fairly reflect the transactions and administration of the assets of the hotel.

 Ensure general ledger posting follows a uniformed system of accounting for the lodging industry.

 Establish a strong cash management control, prepare monthly cash flow forecast, and recommend actions accordingly.

Ensure all balance sheet accounts are fully reconciled on a monthly basis and discrepancies are immediately identified and corrected
Review and approve balance sheet reconciliation on a quarterly basis.

 To oversee the Finance and Accounting department in the hotel and ensure its smooth running so that all financial and management reports are accurate and available by their due dates.

 Establish and recommend to management major financial objectives for hotel.

 Direct preparation of annual budgets and monthly forecasts; establish and/or recommend to management major economic objectives and policies for hotel.

 Draft and maintain accurate yearly financial statements, in accordance with International Financial Reporting Standards.

 Generate and discuss with relevant parties’ special operation analysis reports with a strategic objective of minimizing the variance: performance versus budget and versus prior year, flow through analysis, outlet menu engineering, profit margin analysis, manning structure, and payroll cost, etc.

 Ensure all capital purchases / disposals are in accordance with policies and procedures and to review all management and depreciation reports.

 Develops SBU finance strategies by contributing financial and accounting information, analysis, and recommendations to strategic direction, establishing functional objectives in line with organizational objectives.
 Ensure compliance with company finance directives and delegation of authority.

 Ensure that the company complies with all legal and local regulatory requirements

 Coordinate with Internal Audit on compliance according to company financial policies, governance, risks, and fraud.

 Coordinate with government authorities for tax compliance.

 Monitor any legal issues involving the property and report to the owner and corporate office accordingly.

 To devise and maintain a system of internal accounting control sufficient to ensure that transactions are executed in accordance with management’s general and specific authorization and in compliance with generally accepted accounting principles and specific country legislation.

 Liaise with company treasury and corporate finance on cash flow, finance policies, reports, audits, and insurance matters.

 Contribute to company finance policy drafting, and implementation and ensure compliance within the Area.

 Conduct monthly performance reviews with HODs and establish a combined action plan.

 To regularly organize credit meetings with the participation of the General Manager and all concerned Heads of Department where all debtors’ balances are analyzed.

Al Forsan Holding LLC (Al Forsan International Sports Resort allows you to experience everything from shooting, equestrian, and motorsports to paintball, wakeboarding, and waterskiing all under one roof. Ownership includes Al Forsan Marriot Hotel-400 Hotel, The Al Forsan also developed Al Forsan Village Housing Development which consists of 500 Villas, A Commercial Complex with apartments, and a District Cooling.)

(Byblos was consisting of 3 Hotel properties in Abu Dhabi including 1 under 4/5 With 29 Years of experience in integrated Finance and Shared Services Advisory and Management in Hospitality Industry 🔴 Director of Finance 🔴 Head of Finance & Shared Services 🔴 construction)

Al Sahra Resort (Under the license of Dubai Heritage Vision LLC and owned by Dutco Properties)

Functional responsibilities, jobs executed, areas covered:

 Ensure accurate and timely financial reporting of all expenses and revenues of the Resort

 Responsible for preparing and reviewing Resort budget as well as audit tax reports

 Establish control over all liabilities and ensure compliance with State, Federal and other regulatory agencies

 Perform responsibilities of recommending, monitoring, and implementing cost savings and revenue saving decisions

 Monitor and ensure that all balance sheet accounts are properly analyzed

 Handle the tasks of preparing and reviewing daily, weekly, and monthly reports in accordance with reporting calendar.

 Ensure that the financial transactions are in accordance with accepted accounting principles

 Handle other related tasks as assigned by supervisors/managers

 Managing the duties and responsibilities of the accounting team to ensure that all job functions are performed effectively and in accordance with company's policies and procedures Set up and maintain a system of internal controls and checks, which will provide the most effective control of the assets and revenues of the Resort.

 Review and analyzed the pre-opening budgets of hotels of the group companies and submitted my recommendations for necessary revision in achieving better profitability. Prepared the forecast and five-year projections for both properties.

 Successfully completed the review of the balance sheet reconciliation of Al Forsan Marriot Hotel and submitted the report to Owning company with observations and recommendations.

 Ensure compliance with company finance directives and delegation of authority.

 Coordinate with government authorities for tax compliance.

 Monitor any legal issues involving the property and report to owner and corporate office accordingly.

 Maintain relations with external auditors and investigate their findings and recommendations.

 To review and certify any hotel internal or external financial reporting before distribution.

 Mitigate any key risk on the asset and the company IP in general.

 Liaise with company treasury and corporate finance on cashflow, finance policies, reports, audits and insurance matters.

 Contribute to company finance policy drafting, implementation and ensure compliance within the Area.

 Conduct monthly performance reviews with HODs and establish a combined action plan.

 To regularly organise credit meetings with the participation of the General Manager and all concerned Heads of Department where all debtors’ balances are analyzed.

(Four-star deluxe Property consisting of 302 Rooms, 5 F&B Outlets and 2Banquet hall).