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- Tasks: Manage costs and analyse financial data to boost hotel profitability.
- Company: Join the Sutton Hotel Collection, a family-owned group focused on community and exceptional service.
- Benefits: Enjoy free hotel stays, leisure passes, enhanced parental leave, and subsidised learning courses.
- Why this job: Be part of a people-centred culture that values growth, learning, and community impact.
- Qualifications: Qualified accountant or studying towards, with five years' experience in financial analysis.
- Other info: Work in an inclusive environment that celebrates diversity and empowers positive change.
The predicted salary is between 36000 - 60000 £ per year.
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Our People
We are on our journey to becoming the local employer of choice, through living our values: Care, Discreetness, and Community. Our vision is to restore, renew, and revive our guests, our teams, and our local communities. Our purpose is to be people-centered, excel in outstanding locations, and deliver exceptional service.
The Sutton Hotel Collection is a family-owned group, and our people are our family. We recognize how much our people invest in us, and in return, we offer exceptional learning opportunities and top-tier benefits.
Benefits include:
- Free Hotel Breaks: Two free stays of one or two days in any Sutton Hotel Collection hotel per year.
- Leisure Passes: £150 contribution towards a leisure or National Trust membership.
- Enhanced Maternity and Paternity Leave: 26 weeks at 90% pay for expectant mothers, 4 weeks at 90% for fathers.
- Institute of Hospitality: Membership paid for, providing learning, coaching, and mentoring opportunities.
- Learning and Development: Wide range of training options for personal growth.
- Health Assured: Confidential support services including CBT therapy and advice.
- Subsidised Learning Courses: Financial support for courses of your choice.
Additional benefits include free nutritious meals on duty, bespoke uniforms for front-facing staff, social events, celebrations, and a cycle-to-work scheme.
Job Purpose:
To manage and analyze costs, aiding our hotels in making informed financial decisions, improving efficiency and profitability, and ensuring compliance with accounting standards.
Key Responsibilities:
- Cost analysis of business operations.
- Collaborating on budgets and forecasts based on cost insights.
- Investigating variances between planned and actual costs.
- Identifying opportunities for cost reduction and process improvements.
- Providing accurate cost data for financial reporting.
- Developing strategies for cost control and profitability maximization.
- Ensuring compliance with accounting standards and regulations.
- Supporting management decisions with cost insights.
- Utilizing segment analysis and analytics software such as PMS.
Other Responsibilities:
- Reconcile trade payable aging.
- Post payroll journals into PAYE, PSA, and pension systems.
- Participate in P&L reviews with hotel teams and GMs.
- Finalize cost forecasts with GMs and the cluster team.
- Review invoice accuracy from procurement into NetSuite.
- Own the procure-to-pay process.
Skills and Qualifications:
- Proficient in Microsoft Office, especially Word, Excel, and PowerPoint.
- Advanced Excel skills and experience building complex reports.
- Qualified accountant (ACA, ACCA, CIMA, or similar) or studying towards, with at least five years’ experience.
- Experience in analysis projects and presenting insights.
- Knowledge of reporting tools like Netsuite or Fairmas.
- Attention to detail and ownership of output accuracy.
- Ability to meet tight deadlines and prioritize.
- Excellent communication and organizational skills.
- Understanding of hospitality financial analysis and statistics.
- Hospitality industry experience is beneficial.
- Experience with controls and governance such as P2P, R2R, and O2C processes.
At the Sutton Hotel Collection, we are an inclusive, ethical, and diverse group that celebrates human relationships. We empower our people to make a positive impact.
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Hotels Cost Accountant employer: Athenaeum Hotel and Residences
Contact Detail:
Athenaeum Hotel and Residences Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Hotels Cost Accountant
✨Tip Number 1
Familiarise yourself with the Sutton Hotel Collection's values and mission. When you understand their focus on care, community, and discretion, you can tailor your conversations to reflect these principles during interviews or networking opportunities.
✨Tip Number 2
Highlight your experience in hospitality financial analysis. Be prepared to discuss specific examples of how you've contributed to cost control and profitability maximisation in previous roles, as this will resonate well with the hiring team.
✨Tip Number 3
Network with current or former employees of the Sutton Hotel Collection. Engaging with them can provide valuable insights into the company culture and expectations, which can help you stand out during the application process.
✨Tip Number 4
Demonstrate your proficiency in relevant software tools like Netsuite or Fairmas. If you have experience with these systems, be ready to discuss how you've used them to enhance reporting and analysis in your previous positions.
We think you need these skills to ace Hotels Cost Accountant
Some tips for your application 🫡
Understand the Company Values: Familiarise yourself with the Sutton Hotel Collection's values of Care, Discreetness, and Community. Reflect these values in your application to show that you align with their mission and culture.
Tailor Your CV: Highlight your relevant experience in cost accounting and financial analysis. Make sure to include specific examples of how you've contributed to cost control and profitability in previous roles.
Craft a Compelling Cover Letter: Use your cover letter to explain why you're passionate about working in the hospitality industry and how your skills can benefit the Sutton Hotel Collection. Mention any relevant qualifications and experiences that make you a strong candidate.
Showcase Your Technical Skills: Emphasise your proficiency in Microsoft Office, especially Excel, and any experience with reporting tools like Netsuite or Fairmas. Provide examples of complex reports you've built or analysis projects you've led.
How to prepare for a job interview at Athenaeum Hotel and Residences
✨Showcase Your Analytical Skills
As a Hotels Cost Accountant, you'll need to demonstrate your ability to analyse costs effectively. Prepare examples of past projects where you've successfully identified cost-saving opportunities or improved financial processes.
✨Familiarise Yourself with Hospitality Financials
Understanding the unique financial aspects of the hospitality industry is crucial. Brush up on key metrics and reporting tools like Netsuite or Fairmas, and be ready to discuss how they apply to the role.
✨Emphasise Your Communication Skills
You'll be collaborating with various teams, so it's important to highlight your communication abilities. Prepare to discuss how you've effectively communicated complex financial data to non-financial stakeholders in the past.
✨Align with Company Values
The Sutton Hotel Collection values Care, Discreetness, and Community. Be prepared to share how your personal values align with theirs and provide examples of how you've embodied these principles in your previous roles.
