Vice President

RMZ · India

Job Title: VP / AVP – F&B Concept & Commercial Lead

Business Unit: RMZ Private Capital, F&B Vertica l

Location: Bangalore, Indi

a Role Overvi ew

The VP / AVP – F&B Concept & Commercial Lead is part of core team responsible for evaluating and operationalizing every F&B venture RMZ enters — across JV, franchise, and self-operated models. This role is the commercial filter and culinary authority within that te

am.The ideal candidate is a chef by training who has since moved into ownership of the numbers — someone who can read a menu and a balance sheet with equal fluency. You have run the P&L of a standalone restaurant end to end, carrying full accountability for revenue, cost, and profitability. An MBA is a plus, but the non-negotiable is demonstrated P&L ownership paired with genuine kitchen credibili ty.

Key Responsibilities

1. Opportunity Evaluation

• Assess inbound and sourced F&B opportunities — JV, franchise, and self-operated — and build the business case (unit economics, capex, breakeven, yield on cost) for go/no-go decisions.
• Apply a sharp, numbers-first filter to every opportunity; protect RMZ from uncapped cost escalation that erodes returns.

1. Commercial Model Inputs

• Work with leadership and partners to shape the right commercial model for each concept — operating splits, capex allocation, MG/revenue-share terms, and risk exposure.
• Hold the line on unit economics and capex discipline; know when to walk away from a deal.

1. Concept & Culinary Judgment

• Evaluate brands, menus, kitchen design, and food cost viability; act as RMZ’s internal culinary authority when assessing operator partners and self-operated concepts.
• Combine culinary credibility with commercial rigour — equally comfortable challenging a chef on food cost and a partner on deal terms.

1. Financial Modelling & P&L Design

• Own the financial model for each venture and define the P&L structure the operations team will run against.
• Support development of long-term F&B partnerships and recurring capital-efficient operating programmes.

1. Operationalization

• Translate an approved deal into a launch plan — vendor and operator coordination, pre-opening budget, licensing dependencies — and hand a clean operating framework to the Senior Associate.
• Oversee F&B fit out inputs: kitchen design briefs, MEP coordination, base build scope, and cost allocation.

1. Portfolio Reporting

• Provide the leadership with a consolidated, decision-ready view across all live and pipeline F&B ventures.
• Operate with autonomy and sound judgment as one half of a two-person team; this is a builder’s role, not a supervisory one.

Skills & Experience

• 8–10 years’ experience, including a culinary career (trained or working chef) and subsequent restaurant P&L ownership.
• Standalone restaurant P&L experience — full accountability for revenue, cost, and profitability, not a hotel F&B or single-department role.
• Ability to build a business case: unit economics, capex modelling, breakeven, and yield on cost.
• Culinary judgment: able to assess menus, kitchen design, food costs, and operator quality with authority.
• Financial modelling capability: comfortable building and stress-testing P&L structures for new ventures.
• Commercial deal acumen: operating splits, capex allocation, MG/revenue-share structuring.
• MBA or equivalent commercial qualification is a plus.
• Builder’s mindset - autonomy and judgment are non-negotiable.

About Us

RMZ is Asia’s only integrated real assets platform, spanning offices, retail, hospitality, logistics, and digital infrastructure. Anchored in India and benchmarked globally, we build and operate long-horizon businesses with permanent capital to compound value over time.

Our values

Empowerment - Investing in and delivering outstanding assets that empower a global, sustainable economy.

Imagination - Conceiving new possibilities by questioning convention and operating at the forefront of innovation.

Agility - Navigating obstacles swiftly and being in constant motion to elevate people’s lives and experiences.

Well-being - Creating balanced, sustainable ecosystems that value well-being and protect the planet.