Finance
last update: 25th July 2024
Financial Controller
| Location | Surrey | ||
| Salary | £60,000 | Ref | RM-10513 |
An excellent opportunity is now available for Financial Controller at a luxury self accounting hotel near Richmond.
Reporting to the General Manager/Owners and a key member of the management team, your main responsibilities will include:
Revenue Reporting & Forecasting:
- Generate flash 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 frequent revenue forecast reports & cash flow projections
- Analyse business trends & develop strategies to optimise performance
Payroll & Pension:
- Control payroll costs: constantly review rotas & staffing levels against agreed metrics & payroll budgets
- Process accurate monthly pay-runs with outsourced payroll partner (ADP)
- 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 schedules
- Prepare detailed management pack for senior management and Directors, including accurate monthly P&L & detailed written board report with traffic light indication and commentary
VAT Return:
- Calculate & process quarterly VAT submissions to HMRC. Utilisation of VAT exemptions including room hire and strong knowledge of the legislation
Year End External Audit:
- Reconcile balance sheet nominals & produce comprehensive files for external audit partners
- Work closely with audit partners, to ensure accounts are approved & filed in line with Companies House deadlines. Company year end date currently pending
Other Duties:
Prepare annual budgets
Appraise and agree insurance and energy contract renewals
You will joining a successful, privately owned c£5m t/o hotel business with a strong emphasis on providing excellent staff welfare and customer service.
Regional Financial Controller - Northern Ireland
| Location | Ireland | ||
| Salary | £60,000 | Ref | RM-10785 |
This is a newly created hybrid role, where you will play a key part role in managing the financial operations of a hotel portfolio based in Northern Ireland.
You will be responsible for overseeing the financial performance of 3 hotels, including a new upscale opening in Belfast in 2025, ensuring compliance/best practice with financial policies/procedures, providing financial guidance to optimise profitability and efficiency.
A proven track record within hotel finance, strong commercial/operational awareness, working closely/effectively with key stakeholders is required.
As you know, an opportunity such as this in this region is rare, so seize the moment and apply today!
Financial Controller
| Location | London | ||
| Salary | £55,000 | Ref | RM-10812 |
Overseeing this successful branded c£12m hotel in the City as Financial Controller, you will be fully responsible for all aspects of controls/cost management , P&Ls, month end, forecasting, budgeting and supervision of a small finance team, working closely with the GM to deliver and exceed profit targets.
Your leadership and influencing skills will be put to full use across all levels of the business, actively promoting a positive attitude throughout the hotel, by being visible, approachable and supportive at the right times.
You will be joining one of the UK's fastest growing hotel companies who own and manage their properties, working alongside like minded proactive and focussed people who know their business and embrace new ideas.
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.
Financial Controller
| Location | West Sussex | ||
| Salary | £40,000 | 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.