Finance
last update: 23rd August 2024
Financial Controller
| Location | Glasgow | ||
| Salary | £60,000 | Ref | RM-10831 |
Looking for a hotel Financial Controller role easily commutable from Glasgow?
Then this superb deluxe hotel with extensive leisure facilities may well be the opportunity you are looking for.
My client is keen to appoint an experienced hotel background Financial Controller able to instil effective controls, procedures and month end reporting.
This is very much a hands on role covering both transactional and month end/P&L responsibilities requiring a well organised, adaptable approach able to communicate effectively at all levels.
A "doer" not "follower" approach is required, with the confidence and ability to hit the ground running from day one.
This is an exciting time to be coming on board, with major investment and future growth plans already been actioned which will further enhance the importance of this role and influence on the business going forward.
Financial Controller
| Location | Lincolnshire | ||
| Salary | £60,000 | Ref | RM-10676 |
This stunning hotel resort now requires an experienced hotel based Financial Controller able to add both commercial and strategic value to all revenue streams.
Your key focus will be taking on all management/ responsibility for the full financial operating processes and controls within the business. Ensuring effective financial planning, analysis and internal controls across the entire hotel to deliver sound financial performance.
Key responsibilities include:
• Lead the hotel finance operation and activities to prepare accurate financial information for directors and owners.
• Create monthly, quarterly and annual reports to identify results, trends and financial forecasts. Including Profit & Loss, forecasts and budgets.
• Ensure all financial transactions are properly recorded, filed and reported.
• Establish and implement accounting processes, monitor and align to the business needs. Ensuring full accounting compliance at all times.
• Develop budgets and financial plans.
• Manage cash flow and create monthly cash flow forecast projections.
• Complete and submit quarterly VAT return
• Reconcile monthly balance sheets
• Manage statutory audit process and lead contact during the audit
• Ensure effective processes within accounts payable and reporting monthly on the ledger
• Robust sales ledger controls ensuring the hotel credit control policy is adhered to at all times, with monthly reporting on the debtor ledger
• To lead the annual invoice and revenues collection process for timeshare
• Demonstrate effective cost controls across the business, weekly and monthly KPI reporting and tasking for improvements and alignment across each department
As you can see, this is a key finance role within a growing upscale hotel environment offering the scope and challenge you are looking for!
Financial Controller
| Location | West Sussex | ||
| Salary | £50,000 | Ref | RM-10825 |
Here's an excellent Hotel Controller opportunity within a c£12 million t/o, upscale branded hotel, based in Gatwick.
Reporting to the GM and GFC, your key duties will be to oversee revenue control, AP, Bank Recs, Credit Control and payroll information as well as assisting with any adhoc finance information required by head office.
This is an ideal opportunity for a hotel based AFC with strong day to day controls/ transactional knowledge now looking to step up into their first hotel FC role with ongoing support given from head office.
Supervising a small finance team, there will be plenty of opportunity for you to further develop your existing hotel finance/supervisory experience including additional cluster FC responsibilities within a supportive and forward thinking company environment.
Financial Controller
| Location | Berkshire | ||
| Salary | £45,000 | Ref | RM-10817 |
Working closely with the General Manager, this is a self- accounting Financial Controller role within a deluxe Country House style property with a turnover of £2million and growing.
The hotel enjoys excellent levels of businesses from rooms, F&B and Spa
Supervising two accounts assistants, using Sage accounts platform, your key duties/ responsibilities will include:
- Revenue Reporting & Forecasting
- Generate revenue reports: track achieved revenue month-to-date against budget & last year & issue monthly flash revenue reports with key statistics & KPIs to inform management & staff of the hotel’s current position
- Produce weekly revenue forecast reports & cash flow projections
- Analyse occupancy development trends & devise rate positions & strategies to optimise yield Payroll & Pension
- Control payroll costs: constantly review rotas & staffing levels against agreed metrics & payroll budgets
- Process accurate monthly pay-runs with outsourced payroll partner
- Administrate pension contributions & ensure the company scheme remains compliant with auto enrolment regulations (People’s Pension)
- Prepare monthly wage journals & reconcile gross / net pay, PAYE & NICs Accounts Payable & Receivable
- Code all invoices to appropriate expense accounts & post in correct time periods
- Process supplier payments via BACs & ad-hoc pay-runs, adhering to the hotel’s control policies
- Issue timely & accurate client invoices, as part of an effective credit control procedure
- Collect sales ledger payments & guest deposits & reconcile receipts against debtor accounts Month-End
- Reconcile bank / cash book, payroll & general journal entries; maintain prepayment & accrual journals
- Prepare detailed management pack for senior management, management company & business owners, including accurate monthly P&L & detailed written board report / commentary VAT Return
- Calculate & process quarterly VAT submissions to HMRC Year End External Audit
- Reconcile balance sheet nominals & produce comprehensive files for external audit partners
- Ensure accounts are approved & filed in line with Companies House deadlines
This is an excellent opportunity to join an established hotel business with a well run finance department within a personable, and rewarding working environment.
Assistant Management Accountant/ Internal Audit
| Location | Berkshire | ||
| Salary | £42,000 | Ref | RM-10778 |
Here's an excellent central head office finance role with additional internal audit responsibilities, overseeing a successful portfolio of branded London centric hotels.
Reporting to the GFC, your key duties will be to assist with Internal Audit, Management Accounts, AP, Bank Recs, Credit Control and payroll preparation as well as assisting with year end and external audit requirements.
This is an ideal opportunity for either a hotel based AFC with 1st draft P&L knowledge now looking to step up into group level or an existing hospitality based MA used to multi P&Ls and controls.
Working within a small finance team, there will be plenty of opportunity for you to develop your finance experience further within a supportive and forward thinking company environment.
Assistant Financial Controller
| Location | Warwickshire | ||
| Salary | £40,000 | Ref | RM-10823 |
A newly created Group AFC role, Head Office based, with hybrid working ( 3 days in office, 2 days at home ), overseeing the central /operational accounting function for a successful privately owned hotel company.
You will be working closely with the Group Financial Controller in overseeing the financial operations of the hotels, ensuring accurate financial reporting, effective budgeting, and compliance with all relevant financial regulations.
Key Responsibilities:
Financial Reporting:
- P prepare and analyse financial reports, including budgets, forecasts, and variance analysis.
- Provide financial insights and recommendations to support business strategy and decision-making.
- Generate financial reports for management, highlighting key performance metrics and financial trends.
Budgeting and Forecasting:
- Collaborate with the Group Financial Controller and department heads to develop annual budgets and periodic forecasts.
- Monitor budget adherence and prepare variance analysis reports.
- Provide support in financial planning and forecasting activities.
Internal Controls and Compliance:
- Ensure compliance with all financial policies, procedures, and local regulations.
- Assist in internal and external audit processes, ensuring timely and accurate submission of required documents.
Cost Management:
- Monitor and analyse the hotel’s cost structures, identifying opportunities for cost reduction and operational efficiency.
- Conduct regular financial reviews and provide recommendations for cost control, ensuring expenditures align with budgetary constraints.
Accounts Management:
-Oversee accounts payable and support receivable processes, ensuring timely and accurate processing of invoices and payments.
- Lead in reconciliation of financial transactions and report on discrepancies including cashiering and balance sheets
- Maintain accurate and up-to-date financial records
Financial Analysis:
- Conduct detailed financial analysis to support strategic business decisions.
- Prepare ad-hoc financial reports and analysis as needed by management.
- Provide insights and recommendations to improve the hotel’s financial performance.
Team Collaboration and Support:
- Work closely with the Group Financial Controller and finance team to achieve departmental goals.
- Provide financial training and support to hotel staff to enhance financial literacy and adherence to financial procedures.
- Assist in developing and updating financial policies and procedures.
What do I need to apply for this role?
Qualifications:
• Ideally experience in a similar role within the hospitality industry.
• Understanding of financial principles, accounting standards, within hospitality industry practices is preferred.
• Proficiency in accounting software and MS Office Suite, especially Excel.
• Excellent analytical and problem-solving skills.
• Strong organisational and time-management abilities.
• Effective communication and interpersonal skills.
As you can see, this is a great career stepping stone opportunity, ideally suited if you are an enthusiastic, proactive hotel based AFC now looking to move to the next level.