Tag: London

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

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

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

 

Finance Assistant, London – Position Filled

Posted on by Katherine Wyles

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

Our client is facilities company based in London and which focuses mainly on cleaning. It is a friendly and fast pace company where no two days are the same.

Supporting the Financial Controller, they are now looking to hire an experienced and highly motivated Finance Assistant who has run standard payroll packages, has used a standard recognised accounting system and has at least 2 years’ experience working in a similar position. Confidentiality, excellent organisational skills and accuracy are important qualifications for this position, as well as good customer relations and the ability to communicate clearly. The ideal candidate for this position is a skilled multi-tasker, is reliable and is committed to consistently meeting deadlines.

With responsibility for payroll, accounts payable, accounts receivables and all the transaction entries required to maintain the ledgers up to the trial balance, you will be the main point of contact for payroll queries. The sucessful candidate will also assist in managing the day to-day accounting and finance requirements.

Requirements:

  • Exceptional attention to detail
  • Intermediate knowledge of Word and Excel
  • Good timekeeping
  • Qualified AAT Level 4-Ideally but not Compulsory
  • Finance Systems Experience ideally (Sage50 Payroll & Xero Accounts)

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

Financial Controller, East London – Position Filled

Posted on by Katherine Wyles

Outstanding opportunity to join a privately owned hotel group, in a position of Financial Controller at their 5* London hotel and serviced apartments.

The Financial Controller will have full responsibility for the accounting of the property, overseeing an experienced team of three and reporting to the General Manager.
Main responsibilities will include:
  • Overseeing the Company’s accounting and financial management requirements
  • Leading the Finance Team on the monthly submission of management accounts
  • Review of cashflows and forecasts
  • Preparation of annual budget
  • Liaison with banks and external stakeholders
  • System and procedural reviews and improvements
  • Review and analysis of monthly results along with GM and HODs

We are seeking an experienced hotel Assistant Financial Controller or current Financial Controller, who is able to bring enthusiasm and passion to this role.

Strong system skills, as well as a good commercial knowledge of the London hotel industry essential for this role.

Ideally qualified, or working towards an accounting qualification.

Fantastic hotel – fantastic opportunity!

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

Management Accountant, London – Position Filled

Posted on by Katherine Wyles

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

We are seeking an experienced multi-site, high volume Management Accountant/Finance Manager with at least 1 – 2 years management accounting experience in restaurants or multi-site hospitality.  Excellent career progression in place.

Detailed Duties: Preparing monthly consolidated and individual management accountants for various group companies Preparation of monthly management accounts includes – Reconciliation and checking of underlying data – Ensuring regular month end procedures are executed – Reconciliation of monthly management accounts to weekly sales and cost reports – Reviewing P&L against expectations – Balance sheet reconciliations including detailed accruals and prepayments and the review of such reconciliations by other finance team members – Providing commentary on variance from expectations and other key matters – Generating monthly management account packs and issuing to the Board, senior management and individual restaurant locations. – Assisting the Board, senior management and restaurant managers with management account queries. Preparation of Key Performance Indicators packs across the group along with quarterly/half yearly bonus calculations. Year end closure and preparation of information for auditors and dealing with their queries.

If this is of interest, please get in touch with Andrea at fm@fmrecruitment.co.uk or call on +44 7714 236469, at your earliest convenience to discuss.

Group Management Accountant, London – Position Filled

Posted on by Katherine Wyles

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

We are recruiting for a high-profile international owner/operator who is actively expanding throughout the globe.

The position of Group Management Accountant will report to the Group Financial Planning and Analysis Manager.  Due to the nature of the role it will involve an element of travelling from time to time. The role will predominantly involve Management and Financial Accounting, with a strong emphasis on accurate and timely reporting to key stakeholders. The position will require close collaboration with the Corporate Finance Team as well as the Hotel Financial Controllers.

The role will include the following tasks and responsibilities:

  • Preparation, Review and Analysis of weekly and monthly management information
  • Assist in interpreting results and drafting monthly financial commentary for the Executive Committee, Financing Banks and other Stakeholders
  • Assist in challenging financial reports, forecasts and budgets submitted by the hotels; direct and proactive liaison with the hotels
  • Assist in forecasts, budgets and KPI analysis for the Management Board and the Group’s Financing Banks
  • Co-ordination and consolidation of three / five-year plan for Group
  • Co-ordinate budget process
  • Assist the in suggesting and delivering improvements to the format and content of management reports, covering financial information and key performance indicators
  • Prepare financial information for Operational Performance reviews of the Hotels and Corporate Office
  • Assist with the preparations of business plans and feasibility studies for potential new properties to the portfolio
  • Assist with the integration of new properties into the required reporting format
  • Assist with the monitoring and controlling of central revenues and costs

The ideal candidate:

  • Exceptionally strong attention to detail and accuracy
  • Strong analytical skills
  • Commitment to meeting tight reporting deadlines
  • Ability to work under pressure and to organise one’s own work to ensure priorities are delivered on time and expectations of stakeholders are appropriately managed
  • Ability to plan ahead and make sufficient time to quality control one’s own work
  • Superior communications skills to establish credibility with the hotels
  • Enthusiastic, self-motivated and results-driven with good inter-personal skills

For a full job description, please send your CV to Andrea at andrea@fmrecruitment.co.uk and let us know your availability for an initial conversation.

Director of Development Finance, London – Position Filled

Posted on by Katherine Wyles

Fantastic opportunity to join a growing property group, specialising in development, management and investment within the broader hospitality sector.

This privately owned group is now seeking a Director of Development Finance to assist the Group Finance Director and Development Director to ensure the delivery of new projects on time and within budget, including tracking of debt positions and monitoring of interest payments and deadlines.

The role will also be responsible for ensuring schemes are completed to required standards, in line with brand or true standards.

The group currently has a number of properties under construction with further plans in place for additional projects.

Candidates will have a background in real estate / property finance, ideally within hotels or student accommodation development.

Although the company head office is in London, it is possible for this role to be home based, with occasional visits to the head office.

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

Management Accountant – London

Posted on by Katherine Wyles

We are seeking an experienced multi-site, high volume Management Accountant/Finance Manager with at least 2 years UK GAAP or IFRS management accounting experience in restaurants or multi-site hospitality.

Exam qualified CIMA/ACCA/ACA or equivalent or nearly qualified.

Detailed Duties:

  • Preparing monthly consolidated and individual management accountants for various group companies
  • Preparation of monthly management accounts including – Reconciliation and checking of underlying data – Ensuring regular month end procedures are executed – Reconciliation of monthly management accounts to weekly sales and cost reports – Reviewing P&L against expectations – Balance sheet reconciliations including detailed accruals and prepayments and the review of such reconciliations by other finance team members – Providing commentary on variance from expectations and other key matters – Generating monthly management account packs and issuing to the Board, senior management and individual restaurant locations.
  • Assisting the Board, senior management and restaurant managers with management account queries. Preparation of Key Performance Indicators packs across the group along with quarterly/half yearly bonus calculations.
  • Year end closure and preparation of information for auditors and dealing with their queries.

This role also offers excellent career progression.

For more information or to apply, please contact Andrea at fm@fmrecruitment.co.uk or call on 07714 236469

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