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

F&B Cost Controller, London – Position Filled

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

Situated in historic Bloomsbury within a whisper of the City, Theatreland, Soho, and the West End our client is a beautiful boutique hotel who now seek to hire an F & B Cost Controller to join the team.

The main purpose of the role would be to work alongside the Finance Manager and General Manager to ensure a smooth running and day to day operation of the Finance Department. In addition the successful candidate will assist the Finance Manager in the administration of all financial aspects of the finance and accounting function for the hotel, to ensure that all company Policies and Procedures are followed.

As a Food and Beverage Cost Controller, you will be responsible for ensuring that proper records are kept for all inventory items and any variances reconciled and explained. This also applies to checking supplier statements, the processing of invoices and verifying that all invoices are supported by duly approved purchase orders when required, signed receiving documentation and/or the approval of authorised management personnel.

Candidate Requirements

  • Good knowledge of Microsoft Office Word, Excel, Outlook, Lightspeed, Protel and Procure Wizard
  • Previous hotel experience

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

Group Finance Director, London – Position Filled

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

Our client is a privately owned hospitality group that has diversified into property development and investment, with a primary focus on commercial and residential sectors both in the UK and internationally.

They now wish to hire a Group Finance Director who will be responsible for operational and corporate finance, audit and controls, statutory compliance, regulatory compliance, stakeholder relations and debt facility compliance. The successful candidate will lead the group’s finance function as part of being a senior executive team member. They will also head up the Audit & Controls and hold the post of data protection officer for the group.

In addition the position of Group Finance Director will be responsible for, and independently manage all aspects of Finance (including taxation), audit, statutory and contractual compliance.

The role will be based at their London office with one day per month at a property in Oxford.

 Key Skills Required

  • Qualified accountant (ACCA, CIMA or equivalent)
  • Solid senior finance position experience
  • Strong Communication skills
  • Good interpersonal skills & Demonstrable Initiative
  • A hands-on approach
  • Strong analytical skills & attention to detail

For more information or to apply, please contact Chris Denison Smith at fm@fmrecruitment.co.uk or call on +44 20 8600 1162

Finance Manager, Henley on Thames – Position Filled

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

Our clients are the owners of a stylish boutique property located in the historic market town of Henley on Thames. The recently renovated hotel has 40 individually designed rooms along with a private members club which offers the opportunity to network, exchange ideas and share best practice, with access to an elegant ‘alternative office’ environment.

They now seek a Finance Manager to join the team with duties including:

  • Reconciling daily takings including cash reconciliations
  • Responsible daily income audit, Accounts Receivable and Accountings Payable including processing supplier payments
  • Responsible payroll reconciliations and processing VAT
  • Support the Financial Controller with management accounts and all month end procedures

 Candidate specification

  • Experience in the hospitality industry or a similar industry, i.e. retail
  • Ability to work independently and as a team player
  • Proven software skills – ie. intermediate to advanced Excel and experience using an EPOS system
  • Highly accurate and numerate
  • An analytical mind
  • An inquisitive mind to query the status quo
  • A willingness to learn and to support the team

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

Please note that due to the expected level of response, it will only be possible to contact candidates who have the relevant and required level of experience.

Financial Analyst, London – Position Filled

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

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

Resort Financial Controller, West USA – Position Filled

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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