At a Glance
- Tasks: Oversee financial performance and support hotel managers with expert advice.
- Company: Join Montcalm Collection, London's luxury hotel group with a rich history.
- Benefits: Enjoy 28 holidays, health incentives, and a birthday day off!
- Why this job: Shape the future of hospitality finance in a collaborative environment.
- Qualifications: Hospitality finance qualification or relevant experience required.
- Other info: Diversity and inclusion are at our core; we welcome all applicants.
The predicted salary is between 48000 - 72000 £ per year.
Join to apply for the Assistant Director of Finance role at Montcalm Collection. Company Overview: United by timeless style and peerless service, the Montcalm Collection is London’s compendium of luxury hotels. Housed in elegant Georgian townhouses, an 18th-century brewery, heritage headquarters and a diamond-shaped skyscraper, each hotel reveals a different chapter in the city’s story. Architecture and style may change, but classic hospitality stands the test of time: expect an enduring welcome from our team. We are proud of our past, but even more excited for our future.
Position Overview: Montcalm Collection are looking for a skilled and ambitious Assistant Director of Finance to join our team. Help to shape the Montcalm Collection’s next chapter and showcase your skills. Become a trusted ambassador for our hotels and take advantage of the opportunity to move between properties, achieving the service and product delivery standards for the department with a high degree of customer care and service.
Key Responsibilities:
- Overseeing all aspects of the financial performance of our group of hotels in London.
- Providing financial advice, support and expertise to various stakeholders & hotel managers.
- Ensuring a rigorous financial control and reporting environment.
- Preparing and reviewing the consolidated management accounts for all hotels.
- Holding weekly credit meetings and payroll meetings with hotel managers and management accountants.
- Ensuring hotels forecast is done in detail and setting a culture of establishing weekly payroll costs and expenses tracking with a view to project hotels’ profit with degree of accuracy.
- Taking actions as required to ensure objectives are met.
- Supporting financial director for the preparation of new SOPs and implementing them.
- Continually reviewing and developing best practice financial accounting and control procedures to maximise impact, efficiency and reduce risk.
- Supporting and ensuring proper month-end and year end closing.
- Ensuring all intercompany accounts balance.
- Regular Balance Sheet reviews for all hotels, in conjunction with management accountants.
- Ensuring all balance sheet accounts are reconciled and are fully supported with backups and all variance explained.
- Highlighting un-reconciled and unbalanced account differences to financial director monthly.
- Supporting and development of the management accountants, including quarterly and annual performance reviews.
- Building relationships with the Senior Leadership team and using your expertise to support with decision making.
- System administrator accounting system.
- Leading monthly finance meeting with management accountants and the team.
- Supporting financial director with the hotels budgeting process; ensuring the completion of accurate and reliable budgets.
- Maintaining and monitoring a rigorous system of internal control, in accordance with Finance SOP’s.
- Responsible for the annual audit for all hotels.
- Regular review of Capex reconciliation for all hotels.
- Preparing and filing VAT returns.
Requirements And Skills:
- A relevant hospitality finance qualification or part-qualified (CIMA, ACCA or ACA) or qualified-by-experience.
- Previous experience as finance manager within the hotel/hospitality/leisure sectors, ideally within a multi-site environment.
- Experience of using Sage Intact and Opera.
- Experienced in the production of management information alongside the provision of supportive commentary.
Benefits:
- Collaborative and empowering team dynamics.
- Pathways for promotions and growth within the brand.
- Recognition and Rewards Program.
- Access to an array of discounts via our Benefits Platform.
- Comprehensive training through Certified Classroom and E-Learnings.
- 28 holidays annually, inclusive of 8 bank holidays.
- Additional holidays post 2-year tenure.
- Celebrate your special day with a fully paid day off on your birthday.
- Health incentives: Cash-back on optical, dental, chiropractic, and physio services.
- Concession on gym memberships.
- Nutritious meals provided during shifts.
- Complimentary dry-cleaning service for uniforms.
- Inclusive pension schemes.
Eligibility:
Candidates must be authorised to live and work in the UK. Currently, visa sponsorship is not available for this role.
Equal Opportunity Employer: At Montcalm Collection, diversity and inclusion aren't just buzzwords. We genuinely value the unique perspectives each individual brings, regardless of gender, ethnicity, age, disability, or background. Our culture thrives on mutual respect, and we are dedicated to providing a workplace free from discrimination and prejudice. Should this role resonate with your aspirations, please apply. If not shortlisted, we encourage you to explore other opportunities with us, either now or in the future. Note: If you do not hear from us within 14 days, kindly consider your application as not shortlisted for this particular role.
Assistant Director of Finance employer: London Limited
Contact Detail:
London Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Director of Finance
✨Tip Number 1
Network with professionals in the hospitality finance sector. Attend industry events or join relevant online forums to connect with individuals who may have insights or connections at Montcalm Collection.
✨Tip Number 2
Familiarise yourself with the financial systems mentioned in the job description, such as Sage Intact and Opera. Consider taking online courses or tutorials to enhance your proficiency in these tools, which will make you a more attractive candidate.
✨Tip Number 3
Research Montcalm Collection's hotels and their unique financial challenges. Understanding their business model and recent developments can help you tailor your discussions during interviews and demonstrate your genuine interest in the role.
✨Tip Number 4
Prepare to discuss your previous experience in multi-site finance management. Be ready to share specific examples of how you've improved financial processes or contributed to profitability in past roles, as this will showcase your suitability for the position.
We think you need these skills to ace Assistant Director of Finance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly within the hospitality sector. Emphasise any roles where you managed financial performance or worked with hotel management.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the hospitality industry and your understanding of financial management. Mention specific skills that align with the responsibilities listed in the job description.
Highlight Relevant Qualifications: Clearly state your qualifications, such as CIMA, ACCA, or ACA, and any relevant experience with financial systems like Sage Intact and Opera. This will demonstrate your suitability for the role.
Showcase Your Leadership Skills: Since the role involves supporting and developing management accountants, include examples of your leadership experience. Highlight any instances where you led teams or contributed to decision-making processes.
How to prepare for a job interview at London Limited
✨Know Your Numbers
As an Assistant Director of Finance, you'll need to demonstrate a strong grasp of financial metrics. Be prepared to discuss key performance indicators relevant to the hospitality industry and how you've used them to drive financial success in previous roles.
✨Showcase Your Leadership Skills
This role involves leading finance meetings and supporting management accountants. Highlight your experience in team leadership and how you've successfully developed others in your previous positions. Share specific examples of how you've fostered collaboration and improved team performance.
✨Understand the Company Culture
Montcalm Collection values diversity and inclusion, so it's important to align with their ethos. Research the company’s history and values, and be ready to discuss how you can contribute to their culture while bringing your unique perspective to the team.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. Think about challenges you've faced in financial management within the hospitality sector and prepare to explain how you approached these situations and what the outcomes were.