Category: Placements

Financial Analyst, London – Position Filled

Posted on by Katherine Wyles

This position has now been filled. Please check our latest job opportunities here

Our client is one of the largest privately-held hospitality organizations in the world and throughout the years has had an ownership interest in and operated over 1000 hotels. Today this stands at over 500 hotels across three continents.

Having formed strategic alliances with many of the World’s largest hotel brands, they now have a very diversified portfolio ranging from budget and aparthotels to mid-market business and large conference hotels to boutique hotels and luxury resorts.

They are now looking to recruit an individual to work with them in a financial analyst/asset management capacity that is not only focused on hotels but that will sit between the private offices of the family and the corporate company. Ideally they are looking for an analyst who can help build models for development deals, other real estate deals and that is looking to grow into an asset manager on the hotel side (with the right training).

The most important skills for the role are below:

  • Highly developed analytical, accounting, financial and coordination skills (experience in underwriting and financially savvy to be able to build necessary models as needed)
  • Strong communication skills
  • Ideally speaks French
  • Ideally has pan European experience
  • Entrepreneurial
  • Willing to learn and has passion for Real Estate (or wants more connection to the physical assets)

For more information or to apply, please contact Andrea at fm@fmrecruitment.co.uk or call on +44 7714 236 469

Senior Financial Analyst, London – Position Filled

Posted on by Katherine Wyles

This position has now been filled. Please check our latest job opportunities here

Based in the United States, our client is a Hospitality Management firm for a select profile of the most trusted, bold, and innovative hotels, resorts, restaurants, and hospitality brands.

They are now seeking to hire an Associate / Senior Financial Analyst to be based in London. This position will report to the VP Acquisitions & Business Development and be responsible for all aspects of analytical and modelling support for UK and European developments.

You may find this opportunity an ideal fit if you:

  • Are an experienced Financial Analyst and have hunger to learn, develop, and grow
  • Are looking for an opportunity to advance in your career, not just a job
  • Are self-motivated, have a strong commitment to quality
  • Are analytical, organized, and can work well independently or collaborate with others
  • Enjoy working in Excel and PowerPoint
  • Enjoy traveling (~30% of the job)

What you’ll bring:

  • Bachelor’s Degree in Hospitality, Finance and/or Real Estate, or related experience required
  • Prior experience (1-2 years) in financial analysis required
  • Financial modeling skills in Excel required
  • Critical and strategic thinking skills
  • Familiarity with hotel operations, financial analysis and real estate concepts
  • Have strong written and verbal communication skills

The successful candidate will bring with them experience of financial analytical role in the hotel, hospitality, or real estate sector. They will have strong IT skills, particularly to include Excel and PowerPoint.  They will strive to succeed in their chosen career path, and will be seeking an exciting, expanding role with a growing company.

For more information or to apply, please contact Chris at fm@fmrecruitment.co.uk or call on +44 20 8600 1160

Finance Director, Oxfordshire – Position Filled

Posted on by Katherine Wyles

This position has now been filled. Please check our latest job opportunities here

Set in the heart of the Oxfordshire countryside, our client is the operator of a country house hotel featuring 110 rooms with extensive F&B outlets, spa, health club and private members’ club.

Closed at present, the hotel is scheduled to open in April 2023, and they are seeking a Finance Director who will ideally start in September / October 2022.

This will be a standalone business, so our client requires a Finance Director who is experienced in producing statutory accounts and able to work very independently.  Hence their requirement for a qualified accountant.

The key responsibilities for this role will include but are not limited to:

  • Managing the pre-opening budget, in tandem with the project team; setting up the accounting team, processes and systems
  • Overseeing a finance team of 10 positions, including the purchasing / cost control department
  • Pro-actively support the General Manager and finance team in strategic planning, focusing on value opportunities
  • Ensure reporting that incorporates benchmarking, identification and measurement of key performance indicators and use of balanced scorecard
  • Provide focused, innovative, and value-adding Management Reporting and Analysis
  • Lead the Planning and Forecasting process and ensure that financial plans are consistent with the strategic objectives
  • Supporting and answering questions and providing assistance to stakeholders, management and members as needed
  • Assuring completion of weekly scheduling to ensure labour costs are in line with budget
  • Being responsible for effective people practices including but not limited to recruitment, onboarding, training, employee engagement, performance and experience

A full job description will be shared upon application.

 

Area Director of Finance, London – Position Filled

Posted on by Katherine Wyles

This position has now been filled. Please check our latest job opportunities here

Our client oversees the management of two iconic hotels in central London and are now looking to hire an Area Director of Finance to join the team.

Reporting to the General Managers / Regional Finance Director, the Area Director of Finance will be responsible for providing financial leadership for the Hotels by supplying management with analysis, guidance, training.

Ownership relations are a vital part of this role, coordinating quarterly group reporting with ultimate ownership representatives and generally as main point of contact (together with the General Managers) for all ownership enquiries.

The successful candidate will be responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring efficient internal controls, ensuring compliance with all local and international financial regulations, safeguarding owners/investors assets.

They will also take the leadership  of Accounting and Payroll departments at both the hotels.

A full job description can be shared upon application.

Job Knowledge & Skills:

  • Full service hotel experience as Director of Finance with related progressive experience in hotel Accounting
  • Maintain ownership relationship together with the General Manager and ExCom team as a main point of contact representing the operator
  • Ability to multitask, work in a fast paced environment and have a high level of attention to detail across both properties
  • Strong verbal and written communication skills in English
  • Maintain positive and productive working relationships with other executive committee members, department heads and employees
  • Ability to work independently and to partner with others to promote an environment of teamwork

For more information or to apply, please contact Chris at fm@fmrecruitment.co.uk or call on +44 208 600 1160

Resort Financial Controller, West USA – Position Filled

Posted on by Katherine Wyles

This position has now been filled. Please check our latest job opportunities here

Our client, owner of a luxury hotel group, is seeking an Experienced Resort Financial Controller to head up their accounting team at one of their best performing properties based in Western USA.

Reporting to the General Manager and Regional Financial Controller, the on-site head of department will be responsible for overall daily administration of the accounting department and its functions including accurate and timely reporting, including the production of daily reports.

The role of Financial Controller will oversee the following positions:

  • Financial Analyst/Cost Controller
  • Accounts Payable Clerk/Cashier
  • Night Auditors
  • Warehouse/Service Building Supervisor

Qualifications:

  • Must have strong organizational skills and knowledge of standard filing systems with excellent verbal and written skills
  • Knowledge of or experience with Microsoft Word, Microsoft Outlook, Excel, and Opera
  • Must handle sensitive information in a confidential manner
  • Candidates must also have the right to work in the USA

For more information or to apply, please contact Andrea at fm@fmrecruitment.co.uk or call on +44 7714 236469

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Management Accountant, London – Position Filled

Posted on by Katherine Wyles

This position has now been filled. Please check our latest job opportunities here

Our client is an award-winning independent hospitality company operating across both retail and events in 4 iconic venues across London.

As they continue to grow over the next few years, they are looking for a new Management Accountant to come on-board and to help support this progress.

The ideal candidate should have extensive experience in producing month end accounts from start to finish, excellent communication skills, enthusiasm and drive, as well as being proactive, self-motivated and have the ability to influence and negotiate. Experience in managing accountant assistants is an important aspect of this role, you must possess leadership qualities and the drive to spearhead the department.  You will play an important part in challenging the day to day commercial success of the business and working closely with all department leaders to maximise profits.

You must also show:

  • Excellent attention to detail and accuracy
  • Self-motivation with the ability to work under pressure and meet strict deadlines
  • A positive and enthusiastic attitude to your work
  • Flexibility and an adaptable approach to work requirements

Whilst the role will be based at one of their offices, the position will also involve visiting other sites within London.   The role will require meticulous organisation and ongoing co-ordination with the varying daily operational requirements of the various sites.

The successful candidate will be a key part of the senior team, who are responsible for driving all areas of the business. They will also be supporting the senior leaders in dealing with finance, accounting and finance risk matters. They will also be responsible for the financial compliance, cost controls, account reviews and reporting, forecasting and budgeting and provision of financial advice for the Company.

For more information or to apply, please contact Andrea at fm@fmrecruitment.co.uk or call on +44 7714 236 469

Assistant Financial Controller, London – Position Filled

Posted on by Katherine Wyles

Our client is a five star luxury hotel and is one of London’s most iconic hotels.

They now have a vacancy to join the finance team as Assistant Financial Controller. In this position, the successful candidate will assist the Financial Controller in the administration of all aspects of the Hotel’s operation that are regarded under the Finance remit, to ensure that all policies and procedures are observed.

Main duties include:

  • Review monthly financial statements and analyse variances between actuals and budget for all revenues, expenditures and payroll.
  • To oversee the preparation of the monthly Profit and Loss Statement summary. To write P&L comments and distribute P&L pack by the 5th working day of the following month.
  • Arrange Interest loan payments as per schedule and any other payments as required.
  • Prepare Priority Payments and maintain records.
  • Ensure that Pension contributions are sent monthly and that records are kept of these.
  • Oversee statutory information submission on time as required (PSA, TSA, PAYE, VAT, P35, P11Ds, P14s, National Statistics office data, Payment Practices Reporting, Gender Gap reporting, etc)
  • To oversee reconciliation of Inter-Company Accounts prior to Month closing through liaising with other hotels and companies directly.  Any discrepancies should be brought to the attention of the Financial Controller.
  • To deputise in the absence of the Financial Controller.
  • Assist and provide financial guidance in the formulation and implementation of the hotel budget and Departmental Budgets and to manage relevant budgets appropriately.
  • To assist the FC to collect data and collate the hotel Capital Expenditure Budget for every year.
  • Assist the Financial Controller in performing analytical review of weak or under-performing areas within the operation with a view to achieving increased profitability.
  • Assist the Financial Controller in establishing policies, guidelines, internal controls and safeguards that ensure profitability and efficiency is maximised. Report any weak areas or discrepancies of such controls and procedures to the Financial Controller promptly.

Experience:

  • Must have self accounting experience
  • Previous experience working in a luxury hotel environment
  • Experience managing a team
  • Good communication and training skills

Candidates should also be able to legally work in the UK.

 

Asset Management Analyst, London – Position Filled

Posted on by Katherine Wyles

This position has now been filled. Please check our latest job opportunities here

Our client is a specialist European hotel investment vehicle which owns one of the best quality hotel portfolios in Europe.  They are now seeking to hire an Asset Management Analyst to support the asset management and operations teams.

Reporting to the Director of Asset Management & Operations, the primary responsibilities include the creation and maintenance of detailed and actionable models to assist the asset management team in reaching its financial and operational objectives. In addition, this role focuses on the management of business intelligence infrastructure and is responsible for data feeds and the development of analytics. Such data will be used to provide financial analysis to assess asset performance and conduct benchmarking to evaluate the wider competitive landscape. This role will also support the preparation and dissemination of reports and approval documentation tailored to the specific needs of individual stakeholders.

Education/Experience:

  • Bachelor’s degree is a requirement, with a focus in Hospitality Management as a plus.
  • Position requires knowledge of the lodging and hospitality industry as well as return on investment principles.
  • No less than 2 years of relevant experience in a hotel and/or an asset management company.

Required:

  • Strong computer skills with an emphasis on spreadsheet modelling. Experience with BI software is a plus.
  • Relevant experience with software implementation projects.
  • Strong investigative reporting and writing abilities.
  • Understanding of hotel accounting and hotel operations.
  • Demonstrated evidence of solid financial and analytical acumen, with a strong attention to detail.
  • Highly proficient in spoken and written English. Spanish is desirable. Knowledge of other European languages is a plus.
  • Ability to work independently and prioritize projects is critical.
  • Excellent interpersonal skills and a professional manner.
  • Strong team player and passionate to provide assistance where needed.
  • Excellent communication skills, both verbal and written.
  • Sensitivity to and respect for the confidential nature of the subject matter of the job and the Department.

Fore more information or to apply, please contact Chris at fm@fmrecruitment.co.uk or call on +44 20 8600 1160

 

Cash Management Accountant, London – Position Filled

Posted on by Katherine Wyles

Our client is an operator of luxury hotels and resorts in over 20 countries. They are now seeking to hire a Cash Management Accountant to join the finance team, based at their Head Office in London.

The Position: 

As Cash Management Accountant, you will work in conjunction with the CFO to manage the company’s treasury function to ensure the company can achieve its business objectives.

Main Duties and Responsibilities:

  • Ensure accuracy of the interfaces between Corporate Cash Management Models and the ERP Financial system
  • Perform daily cash, credit card reconciliation activities for all locations
  • Track book balance vs cash balances for entities through implementation of cash management tools such as Cash Register, Cash flow model, etc. for each entity.
  • Interact with IT and business applications department to solve and clarify any deficiency in the process and flow or information
  • Interact with our Corporate Treasury Team Confirm to clarify any discrepancy on the information provided by the different tools.
  • Oversee established and monitored appropriate cash control procedures for the collection cash receipts on timely manner and update CFO/Corporate Controller of outstanding & delinquent accounts.
  • Responsible for the reconciliation of all cash in as its appropriate recording in our ERP Financial System
  • Facilitate regulatory compliance and successful outcomes in internal/external review and audits 

Additional Skills and Qualifications:

  • Possess an inquisitive & analytical mind, excellent organizational skills, flexible & detail-oriented attitude combined with strong analytical & information analysis skills and a proven ability to interact with a diverse range of people in a professional manner.
  • Managing relationships, reporting to senior managers, shareholders, lender and banking institutions.
  • Exceptional oral and written communication skills, with the ability to collaborate effectively across corporate departments and third parties.
  • Candidates must have hotel experience and have the right to work in the UK

For more information or to apply, please contact Chris at fm@fmrecruitment.co.uk or call on +44 208 600 1160

 

Infrastructure Specialist, London – Position Filled

Posted on by Katherine Wyles

We are recruiting for an Infrastructure Specialist to join a fast paced, customer focussed team with lots of scope for growth. A snap shot of the role is below.

Position Overview
The role of the Infrastructure Support Engineer is to be responsible for supporting the systems team on the network, VMware, firewall and security infrastructure for three UK properties. Though skilfully trained, they never lose sight of their ultimate reasonability, to create lifelong memories for their customers .

Requirements

  • Excellent communication skills
  • Previous experience working in an IT environment essential.
  • Be able to demonstrate proven abilities in the support and installation of a variety of IT solutions
  • It is also essential to have a working knowledge and practical experience of the following:
    • Microsoft Desktop & Office Systems
    • VMware VSphere
    • Active Directory Security and Administration, GPO
    • Working knowledge of TCP/IP, DNS, DHCP
    • Support of hardware, printers, desktops and servers
    • Email, Antivirus & Backup software
    • Networking knowledge regarding WAN, LAN, VLAN, VPN, WLAN, layer 2/3 switching, Firewalls and routers.

A full job description is available upon application.

Candidates must have the UK right to work.

For more information or to apply, please contact Andrea at fm@fmrecrutiment.co.uk or call on +44 7714 236 469

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