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For Companies At a Glance
- Tasks: Lead a talented finance team and manage day-to-day financial operations.
- Company: Join The Savoy, London's iconic luxury hotel with a rich history and prestigious reputation.
- Benefits: Enjoy a vibrant work culture, opportunities for growth, and involvement in exciting hotel activities.
- Why this job: Be part of a major refurbishment and help shape the future of luxury hospitality.
- Qualifications: Must be ACA or ACCA qualified with experience in operational finance and team leadership.
- Other info: This is a rare chance to represent a renowned British luxury brand.
The predicted salary is between 48000 - 64000 £ per year.
Financial Controller
The Savoy
c£80,000
Central London
London’s original luxury hotel, The Savoy has for over 130 years been at the forefront of what the luxury hospitality sector has to offer. With the world renowned American Bar, three iconic restaurants, including Gordon Ramsey’s Michelin-starred Restaurant 1890, and a range of unrivalled guest services the Savoy is an internationally recognised and respected luxury brand.
Backed by two prestigious investors and operated by the globally acclaimed Fairmont part of Accor, The Savoy is currently undergoing a major refurbishment throughout its 267 rooms. This significant investment continues to see The Savoy positioned as the pre-eminent venue for truly experiencing the absolute best that luxury hospitality can offer.
As part of The Savoy’s exciting journey, it is now seeking a charismatic Financial Controller.
Reporting to the Director of Finance & Business Support, who reports to the MD, the role will include:
Managing day-to-day finance, leading a team of c10 talented finance professionals
Ownership of all operational aspects of finance across the Balance Sheet, P&L and Cashflow
The month-end process from start to finish
Lender Reporting – Covenant reporting
Statutory reporting – Working with external advisors when required
Ensuring the appropriate Control environment is in place
Leading the development and improvement of processes, controls and systems
Variance analysis and reporting on trends
KPI Reporting
Oversight of capital expenditure on monthly and ad hoc basis
Reviewing and authorising relevant areas, i.e. POs and Expenses, refunds, allowances, banking transactions as required by Company policy
Quarterly/ monthly VAT returns within the set deadlines by HMRC
Year end audit requirements – lead liaison with external auditors
Internal audit -self-assessment and ensuring compliance with requirements
Balance sheet reconciliations and consolidation
Overall controller for CAPEX / FF&E
Managing key relationships and processes for the ongoing capital projects
Assist with budgeting and forecasting
Coaching and developing the finance team
Supporting the Director of Finance in ad hoc project requests
Required candidate profile:
ACA or ACCA qualified, having already moved into industry.
In-depth experience of either delivering as part of an operational finance team, or of leading the function.
Demonstrably exceptional communication skills. Easily able to engage with a wide range of finance and non-finance stakeholders and colleagues.
Experience and desire to build a high performing team.
The drive and energy to deliver exceptional results.
High levels of emotional intelligence.
A genuine interest in the luxury hospitality sector.
Happy to be hands and comfortable getting hands dirty within a fast paced SME.
Polished, presentable and able to represent the brand in the appropriate manner.
Looking to join a vibrant, engaging team and participate in hotel wide activities.
This is a rare opportunity to join a wonderful British luxury brand, partnering the leadership team and playing a key role in its exciting growth plans
Job Info
Job Title:
Company:
CV-Library
Location:
Posted:
Dec 2nd 2024
Closes:
Jan 2nd 2025
Sector:
Hospitality & Hotels
Contract:
Permanent
Hours:
Full Time
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Financial Controller employer: CV-Library
Contact Detail:
CV-Library Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller
✨Tip Number 1
Familiarize yourself with the luxury hospitality sector, especially The Savoy's unique offerings. Understanding their brand values and customer experience will help you connect better during interviews.
✨Tip Number 2
Network with professionals in the hospitality finance sector. Attend industry events or join relevant online forums to meet people who can provide insights or even refer you to opportunities at The Savoy.
✨Tip Number 3
Prepare to discuss your leadership style and experiences in building high-performing teams. The Savoy is looking for someone who can coach and develop their finance team, so be ready to share specific examples.
✨Tip Number 4
Showcase your emotional intelligence and communication skills. Be prepared to demonstrate how you've successfully engaged with both finance and non-finance stakeholders in previous roles.
We think you need these skills to ace Financial Controller
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Financial Controller position at The Savoy. Understand the key responsibilities and required qualifications to tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize your ACA or ACCA qualifications and any relevant experience in operational finance. Showcase specific examples of how you've led teams or improved financial processes.
Demonstrate Communication Skills: Since exceptional communication skills are crucial for this role, provide examples in your application that demonstrate your ability to engage with both finance and non-finance stakeholders.
Show Passion for Hospitality: Express your genuine interest in the luxury hospitality sector in your cover letter. Mention any relevant experiences or insights that connect your background to the values and mission of The Savoy.
How to prepare for a job interview at CV-Library
✨Show Your Passion for Luxury Hospitality
Make sure to express your genuine interest in the luxury hospitality sector during the interview. Share any relevant experiences or insights that demonstrate your enthusiasm for working in a prestigious environment like The Savoy.
✨Highlight Your Leadership Skills
As a Financial Controller, you'll be leading a team of finance professionals. Be prepared to discuss your leadership style and provide examples of how you've successfully managed teams in the past, focusing on coaching and developing talent.
✨Prepare for Technical Questions
Expect questions related to financial processes, reporting, and compliance. Brush up on your knowledge of month-end processes, variance analysis, and statutory reporting to showcase your expertise and confidence in these areas.
✨Demonstrate Strong Communication Skills
Exceptional communication is key for this role. Practice articulating complex financial concepts in a clear and engaging manner, as you'll need to interact with both finance and non-finance stakeholders effectively.
