Tag: finance

Finance Controller, Heidelberg – Position Filled

Posted on by Katherine Wyles

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

We have a new opportunity for a Financial Controller to become a key member of the finance team for a hotel situated in the historic city of Heidelberg.

With a scheduled re-opening for November 2023, this 240+ room hotel is minutes from the riverfront, multiple transit stops, and Heidelberg’s main attractions. The historic sites, shops, and museums of Heidelberg Old Town are within walking distance, and Heidelberg Palace is within a 10-minute drive. There is also 6,000 sq. ft. of meeting and event space, on-site dining, and an elevated executive lounge.

Reporting to the General Manager, the Financial Controller will be responsible for supervising and directing the financial activities of the Hotel, safeguarding the assets, and preparing all financial reports in accordance with Generally Accepted Accounting Principles (GAAP), as well as serving as a financial advisor to Hotel Management and Ownership.

A full job description will be issued upon application

Candidate requirements:

Candidates should be fluent in both German and English and have a relevant hospitality finance background.

For more information or to apply, please contact Tairona at fm@fmrecruitment.co.uk or call on +44 20 8600 1164

Cluster Financial Controller, 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 hotel operator with hotels situated across the UK and Ireland. They now have an opportunity for a Cluster Financial Controller to be based in London.

Position Summary:
The Cluster Financial Controller is expected to ensure the efficient running of the finance function within their hotels with responsibilities including:

  • Clear and consistent management of controls and compliance
  • Ensuring that the high level of reporting standards are being maintained
  • Provide business acumen to parties both within and outside the finance function to ensure that risk is mitigated and opportunity taken
  • Partner with the GM’s and other non-finance related disciplines to deliver on the overall objectives of the business

The successful candidate will also need to set out clear and concise instruction as to the role of their resources having a communication plan that sets out the objectives, goals and progress being made.  This should include the business plans and strategy in the following areas:

  • Commercial Focus
  • Controls & Compliance
  • Month End
  • Weekly Tasks
  • People Focus

Additional Responsibilities:

  • Co-ordinate the Year End and Interim Audit processes of the portfolio including the review and sign-off of information being submitted to External Auditors
  • Budgeting / Interim Presentations – detailed reviews before submission. Ensure that the numbers make sense and reflect the strategy of the property.
  • Assist with the capital expenditure process, work with GM’s and senior team members to ensure accuracy of applications and submissions of requests.
  • ESG responsibility to include the monitoring of energy, gas, water & waste. To effectively communicate consumption and to fully support the ESG committee.

For more information or to apply, please contact Andrea at fm@fmrecruitment.co.uk or call on +44 20 8600 1161

Director of Finance, New York – Position Filled

Posted on by Katherine Wyles

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

Located on the Upper East Side of Manhattan, our client taken over a luxury boutique hotel that is currently undergoing a refurbishment and rebranding. Scheduled to open at the end of 2023 / early January 2024, they are seeking to hire a Director of Finance to join the team.

Reporting into the General Manager as well as Corporate Office including CFO and owners of the group, the Director of Finance will be responsible for overseeing all accounting and financial aspects of the company in line with strategic objectives. They represent the financial authority in the company, upholding the integrity of fiscal data, ensuring transparency and accountability. They collaborate closely with the General Manager and the hotel team, providing financial information and advice with the aim of maximizing value. They work proactively with the GM and management to shape the overall strategy of the company. Their main responsibilities include managing the accounting records and financial reports, providing an effective control, developing best practice financial accounting and control procedures, as well as advising and developing their team. They coordinate activities with external parties and financial services hired or contracted by the company.

Direct reports in to this position include Accounts, Cost control, Purchasing, They will also  work closely with other departments on issues relating to costs, revenues and cash flow, particularly Sales & Marketing, Food & Beverage, Housekeeping, Front Office and HR.

This role would suit someone who has excellent leadership skills, is analytical and has excellent problem solving skills

Candidate Experience:

  • Significant experience in finance with at least 5 years at senior management level
  • Excellent finance, accounting and analytical skills, including experience with cash management, forecasting, revenue management strategies, capital expenditure planning, budgeting and project management
  • Experience in managing professional staff
  • Previous experience working in finance and accounting within the hospitality, hotel or service industry
  • Previously held position as Director of Finance or Assistant Director of Finance

 Education/Qualifications:

  • Degree-level education in a relevant discipline
  • Certified member of an accountancy body or holder of an equivalent qualification
  • Postgraduate qualification/ MBA in a relevant field

 Additional Requirements:

  • Technical savvy with strong Microsoft Office skills, in particular Excel
  • Excellent verbal, writing and presentation skills
  • Firm knowledge of internal controls that are in line with the group
  • Excellent project management skills
  • Experience with accounting system software (desirable)
  • Willingness to travel (desirable)

For more information or to apply, please contact Andrea at fm@fmrecruitment.co.uk or call on +44 20 8600 1161

Assistant Financial Controller, 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 hospitality and leisure company that operates luxury hotels, train services and river cruises worldwide.

They now have a fantastic  opportunity for an Assistant Financial Controller to join the Finance team at their Head Office in London. This position offers a  Hybrid working system- three days in the office and two days working from home.

Reporting to the Financial Controller, the successful candidate will be responsible for assisting with the management of all Central functions for the Trains and Cruises business units, including, General Ledger, Revenue Accounting, Accounts Receivables, Accounts Payable, Taxation, Cash Management and the preparation of information that will assist management in making educated decisions.

Key Responsibilities

  • Balancing of the passenger ticket revenue, deferred revenue, credit card refunds, discounts, cancellation revenue, rate discrepancy report and miscellaneous charges and staff charges to Travel Studio.
  • Overseeing the completion of daily banking tasks to ensure that all receipts recorded in Travel Studio posted by the Revenue and Central Accountant have been correctly reflected in the bank/credit card accounts.
  • Communicating the monthly revenues and ensure that all revenues are reviewed and approved by the Financial Controller (FC) and General Manager (GM) of the business units.
  • Supervising and managing the Central and Revenue Accounts Assistant and Credit Controller and Central Accountant including providing effective performance feedback in yearly reviews.
  • Assisting the FC with the preparation of the monthly reporting of the entire financial results of the business in established corporate formats and in accordance with generally accepted accounting principles (locally and as established by Corporate Office).

A full job description will be shared upon application

Candidate Requirements

  • A minimum of 4 years’ experience working as an assistant to the financial controller or in a similar role
  • A degree or diploma in accounting from a recognised tertiary educational institution
  • Experience in managing a team
  • Hospitality experience advantageous, preferably in a 5-star environment
  • An ability to communicate with all levels of staff and service providers
  • VAT and Income Tax knowledge advantageous
  • Ability to work under pressure, multitask and prioritise
  • Accurate data entry & advanced Microsoft Excel skills
  • Experience in balance sheets and familiarity of accounting systems

Benefits

  • Group Income Protection – Group Life Insurance – Employer contribution pension
  • Hybrid working
  • Enhanced maternity and paternity pay

For more information or to apply, please contact Tairona at fm@fmrecruitment.co.uk or call on +44 20 8600 1164

 

 

Assistant Financial Controller, 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 hotel operator with hotels situated across the UK and Ireland. They now have an opportunity for an Assistant Financial Controller to join the team in one of their hotels based in London.

This is a great opportunity for someone who would like to become a Financial Controller in the next couple of years. The company is going through a significant expansion, and there is plenty of opportunity for growth.

Reporting to the Financial Controller & General Manager, the Assistant Financial Controller will assist in ensuring the efficient and effective running of the finance function within the hotel. This will include an innovative management of controls and compliance to ensure that a high level of reporting standards are being maintained. They should consistently seek to provide business acumen to parties both within and outside the finance function to ensure that risk is mitigated, and opportunity taken.

The main focus areas for the AFC include, but not limited to:

  • Commercial Focus
  • Controls & Compliance
  • Month End
  • Weekly tasks which includes income audit, debtors, forecasting and payroll management

In addition, the successful candidate will be required to carry out the co-ordination of Year End and Interim Audit processes including the review and sign-off of information being submitted to External Auditors. They will also assist in preparation of the numbers with the FC so that they make sense and reflect the strategy of the property.

All candidates must be eligible to work in the UK.

For more information or to apply, please contact Tairona at fm@fmrecruitment.co.uk or call on +44 208 600 1164

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

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.

 

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