Area Director of Finance, New York – Position Filled

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

Our client is a London-based rapidly expanding lifestyle hotel group leading the pack in new ways of travel.  We are seeking an experienced and dynamic Area Director of Finance to join the NY finance team and oversee the financial operations of 2 New York City hotels that are both actively trading and very successful in their own rite.

The Area Director of Finance will play a critical role in ensuring the financial success and growth of these properties while maintaining the highest standards of financial integrity.

Responsibilities will include but not limited to:

  • Financial Strategy and Planning
  • Cost Control, Cash Flow and Expense Management
  • Financial Compliance
  • Team Leadership and Development
  • Strategic Partnerships

The ideal candidate will have:

  • Bachelor’s degree in Business, Hospitality, or a related field (Master’s preferred)
  • Minimum of 8 years of experience in finance, including at least 4 years in a leadership role
  • Strong knowledge of hotel financial operations
  • Proficiency in financial software and systems (e.g., Excel, financial reporting tools)
  • Excellent analytical and problem-solving skills
  • Strong leadership and team management abilities
  • Be highly commercial
  • Have a genuine interest and enthusiasm for what you do
  • Exceptional interpersonal and communication skills, both written and verbal

Salary:   Excellent Base Salary and benefits

For a full job description, please send your send your resume to Andrea at fm@fmrecruitment.co.uk or cell number and a time you can speak.

Assistant Financial Controller, London – Position Filled

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 opportunity for an Assistant Financial Controller to join the Finance Department based in London. The role itself will be based at the company’s depot office and whilst it is a fully sufficient office space it is off site and different to working in a hotel or office headquarters. Prospective candidates would need to be comfortable with this and also understand the role will sometimes require them to go to the operations, e.g to the kitchen to see the chef or depot to see engineers.

This position offers a Hybrid working system- three days in the office and two days working from home.

Position Overview
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

  • 2 years+ relevant experience within a similar role
  • Proven leadership ability and experience in handling and coordinating different team
  • A diploma or relevant certificate from a recognised tertiary educational institution
  • Hospitality background is preferable but not essential, what is more crucial is a hands on approach to understand operations and an openess to work with them
  • An ability to communicate with all levels of staff, service providers and multiple stakeholders
  • 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

  • Competitive salary
    Private healthcare, 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

Director of Finance, Hawaii – Position Filled

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

We have an amazing opportunity for a Director of Finance to join the team at a luxury resort in the beautiful destination of Hawaii.

Reporting to the Managing Director, the main focus of the role is to oversee and manage the Finance Department and ensure its effective and efficient operations resulting in accurate financial and management reporting in a timely manner.

Main duties include:

  • Ensuring the internal control environment of the resort is maintained and complied with at all times in the resort
  • Providing key financial acumen support to the Managing Director and assist in driving hotel performance
  • Work closely with the Department Heads for Financial Support and advise them on spending and internal control matters.
  • This position will manage all key hotel finance employees and provide support for their monthly operation.

A full position description will be shared upon application

Candidate requirements:

  • Bachelors Degree – Typically degree in Accounting/ Finance/ Business, and a professional accounting designation or MBA in business are typically important.
  • International Managerial Accounting/Finance experience in luxury hotel/resort industry ideally 8+ years within a minimum of ideally 2 recognized branded properties or globally renowned properties.
  • Experience managing small finance teams
  • Competent in the use of Microsoft Office suite of products essential, especially Microsoft Excel
  • Strong knowledge and acceptance of USALI conventions for the Hospitality Industry reporting
  • Strong analytical and accounting skills
  • Good verbal, written communication (English) & interpersonal skills
  • Self-motivated, well organized & meticulous person, with an eye for details
  • Ability to plan, prioritize & implement effectively, multi-task while working effectively in a fast paced and ever changing and challenging environment
  • Must be able to adhere strictly to deadlines
  • Must legally be able to work in the United States

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

Cluster Financial Controller, London – Position Filled

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

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

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

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

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

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

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

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