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- Tasks: Manage daily financial operations and reporting for our hotels.
- Company: Fraser Hospitality is a leading provider in the hospitality industry.
- Benefits: Enjoy discounts, funded apprenticeships, wellness programs, and flexible pay options.
- Why this job: Join a dynamic team focused on financial excellence and sustainability.
- Qualifications: Part qualified accountant with experience in financial management preferred.
- Other info: Work in a supportive environment with a focus on mental health and sustainability.
The predicted salary is between 36000 - 60000 £ per year.
Fraser Hospitality are looking for a Cluster Financial Controller. Based from our Edinburgh property or London Head Office, you will be responsible for the day-to-day accounting, financial operations and provides support to operational managers across the properties. You will also be responsible for producing and submitting accurate monthly P&Ls and Balance Sheets for the hotels in-line with the tight monthly deadlines.
What you will be doing:
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Day to day financial reporting and operational duties
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Ensure compliance with internal policies & procedures
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Review of cash banking & safeguarding of cash floats in operation
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Producing bank reconciliations and bank clearing
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Support junior Finance staff within the hotel
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Coordinate accounts payable and accounts receivable functions
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Preparation of monthly financial statements, forecasting and commentary on variance
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Monthly balance sheet reconciliation and preparation of audit pack
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Analyse & interpret of monthly results, key performance indicators and cost control by department.
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Assist Senior Management Accountant and General Managers with annual budgets
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Prepare P&L, Balance Sheet and Cash Flow reports for corporate reporting to strict deadlines
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Assist with property audit – internal and external, and other consultants and bank
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Work with other finance team and share best practices
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Prepare, submit and settle VAT returns and City tax returns within required deadline
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This role is suitable for a part qualified accountant
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Demonstrable experience in financial management experience with background in hospitality or service-based industry an advantage
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Proven capability to communicate Financial Information to various stakeholders, especially with non-financial background
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An eye for detail and the ability to identify errors and offer workable solutions
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Strong systems skills with a mindset of continuous improvement
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Personable, positive, dynamic professional who works flexibly and collaboratively to achieve deadlines, with "a can get job" done attitude
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A disciplined approach to production and documentation of work
In addition to competitive rates of pay we offer:
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Heavily discounted Staff & Friends and Family Rates at Frasers Hospitality.
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Fully funded Apprenticeship programmes that support you in developing your career
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High Street Discounts on a range of high street shops, experiences, holidays and much much more.
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Cycle to work scheme – save up to 40% on a wide range of bikes.
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Healthcare Cash Plans – dental, optical, medical and more available from £5 per month
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Referral schemes that pay up to £1500 (just for getting your friends a job!).
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Uniforms are provided.
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We have Wellness & National Campaign Days which promotes and encourages different activities throughout the year.
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We work with Wagestream giving instant access to your pay as it’s earnt. Wagestream is a tool for everyday life that lets you get paid your way by letting you track your wages in real time, stream up to 50% of the money you’re already earned, learn easy tips to manage your money better and save direct from your salary.
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We are passionate about wellbeing and mental health, and we are working towards having fully qualified Mental Health First Aiders in each property.
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Employee Assistance Programme – free, confidential advice available 24/7 to you and your family.
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Additional day off for your birthday.
Our Sustainability Goals:
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100% of our electricity is generated using renewable energy.
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We recycle, have removed single use plastic from our day-to-day operation and are members of Green Tourism with all UK properties boasting Silver or Bronze accreditations. In the UK sustainability is a key focus for everyone.
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We have moved to a chemical free cleaning system in our properties with an enzyme based eco-friendly system for apartment kitchens.
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Volunteer to work for sustainable charities 2 days per year on full pay instead of your normal workplace.
Cluster Financial Controller employer: Malmaison Hotels
Contact Detail:
Malmaison Hotels Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cluster Financial Controller
✨Tip Number 1
Familiarize yourself with the hospitality industry, especially financial management within it. Understanding the unique challenges and operations of hotels will help you communicate effectively with stakeholders and demonstrate your expertise during discussions.
✨Tip Number 2
Brush up on your financial reporting skills, particularly in preparing P&L statements and balance sheets. Being able to discuss these topics confidently will show that you're ready to handle the day-to-day financial operations required for this role.
✨Tip Number 3
Highlight your experience with compliance and internal policies. Be prepared to share examples of how you've ensured adherence to financial regulations in previous roles, as this is crucial for maintaining the integrity of financial operations.
✨Tip Number 4
Demonstrate your ability to work collaboratively with various teams. Share instances where you've successfully supported junior staff or worked alongside operational managers, as teamwork is essential in this position.
We think you need these skills to ace Cluster Financial Controller
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Cluster Financial Controller position. Understand the key responsibilities and required skills, such as financial reporting, compliance, and communication with stakeholders.
Tailor Your CV: Customize your CV to highlight relevant experience in financial management, especially within the hospitality or service-based industry. Emphasize your ability to produce accurate financial statements and your experience with budgeting and forecasting.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for finance and hospitality. Mention specific examples of how you've successfully managed financial operations and communicated financial information to non-financial stakeholders.
Highlight Your Skills: In your application, emphasize your strong systems skills, attention to detail, and problem-solving abilities. Make sure to mention any experience you have with VAT returns, bank reconciliations, and working collaboratively with finance teams.
How to prepare for a job interview at Malmaison Hotels
✨Showcase Your Financial Acumen
Be prepared to discuss your experience with financial reporting and management. Highlight specific examples where you've successfully produced P&Ls, balance sheets, or managed budgets, especially in a hospitality context.
✨Demonstrate Compliance Knowledge
Familiarize yourself with internal policies and procedures relevant to financial operations. Be ready to explain how you ensure compliance in your previous roles and how you handle audits.
✨Communicate Effectively with Non-Financial Stakeholders
Since the role requires communicating financial information to various stakeholders, practice explaining complex financial concepts in simple terms. This will show your ability to bridge the gap between finance and operations.
✨Emphasize Attention to Detail
Prepare to discuss instances where your attention to detail has helped identify errors or improve processes. This is crucial for producing accurate financial statements and ensuring cash safeguarding.
