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- Tasks: Manage day-to-day finance and bring month-end activities in-house.
- Company: Join a fast-growing hospitality SME backed by private equity in London.
- Benefits: Enjoy a competitive salary, bonus potential, and great benefits.
- Why this job: Be part of an exciting growth journey and advance your finance career.
- Qualifications: ACA, ACCA, or CIMA qualified preferred; experience in finance roles required.
- Other info: Opportunity to implement financial strategies and collaborate with senior management.
The predicted salary is between 47000 - 62000 £ per year.
We’re partnering with a Private Equity backed fast growing hospitality SME business located in London that is experiencing significant growth both organically and by acquisition. As part of their growth, reporting to the Finance Director, they now seek an experienced Finance Manager/Management Accountant to join in a ‘hands-on’ position to bring in-house both transactional and reporting activity from the external practice. This is a great opportunity to join a fast-growing business that has just received a huge investment to accelerate growth and ultimately, your career!
THE FINANCE MANAGER / MANAGEMENT ACCOUNTANT ROLE:
- Reporting to the FD, in a Finance Manager (non-supervisory) role, where you’ll undertake hands-on responsibility for day-to-day finance.
- Initially to bring the month-end finance activities in-house from the external practice, implementing effective processes, procedures and controls.
- Coordinate month-end, quarterly and year-end close processes including all HMRC submissions.
- Monitor cash flow and liquidity to ensure the company can meet its financial obligations.
- Develop and implement financial strategies in line with objectives and prepare detailed financial reports, forecasts, and budgets.
- Conduct financial analysis to identify trends, variances, and areas of improvement.
- Oversee the preparation and management of the annual budget, reporting on budget performance, ensuring alignment with organisational objectives.
- Implement cost-control measures to optimise financial performance.
- Ensure accurate and timely preparation of financial statements in accordance with GAAP/IFRS.
- Overseeing the person responsible for the general ledger, accounts payable, accounts receivable, and payroll functions.
- Liaise with external auditors, tax advisors, and regulatory bodies.
- Collaborate with department heads to support operational and strategic initiatives.
- Advise senior management on the financial implications of business decisions.
THE PERSON:
- Ideally ACA, ACCA or CIMA Qualified, however, exceptional Qualified By Experience, Part Qualified or Finalists will be considered.
- Must have solid experience in a Management Accountant or Finance Manager role.
- Strong knowledge of financial systems, accounting principles, and reporting standards.
- Proficiency in Microsoft Excel is essential, ideally (not essential) with experience using Xero.
- Strong communication skills with the ability to explain complex financial data to non-financial stakeholders.
- Ideally with experience in the Hospitality Sector.
To apply: Please send your CV for the Finance Manager / Management Accountant role via the advert for immediate consideration.
Contact Detail:
Get Recruited Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land FInance Manager - Hospitality
✨Tip Number 1
Network with professionals in the hospitality sector. Attend industry events or join relevant online forums to connect with people who might have insights or leads on the Finance Manager role.
✨Tip Number 2
Familiarise yourself with the latest financial regulations and trends specific to the hospitality industry. This knowledge will not only boost your confidence but also demonstrate your commitment to the field during interviews.
✨Tip Number 3
Prepare to discuss your hands-on experience with month-end processes and financial reporting. Be ready to share specific examples of how you've implemented effective financial controls in previous roles.
✨Tip Number 4
Showcase your proficiency in Microsoft Excel and any experience with financial software like Xero. Consider preparing a brief demonstration of your skills, as this could set you apart from other candidates.
We think you need these skills to ace FInance Manager - Hospitality
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance management or accounting, particularly in the hospitality sector. Use keywords from the job description to demonstrate that you meet the specific requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the hospitality industry. Mention your qualifications (ACA, ACCA, CIMA) and how your skills align with the responsibilities outlined in the job description.
Highlight Financial Acumen: In your application, emphasise your experience with financial reporting, budgeting, and cash flow management. Provide examples of how you've implemented effective processes and controls in previous roles.
Showcase Communication Skills: Since strong communication skills are essential for this role, include examples of how you've successfully explained complex financial data to non-financial stakeholders. This will demonstrate your ability to collaborate with department heads and senior management.
How to prepare for a job interview at Get Recruited Ltd
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your financial acumen. Be prepared to discuss key financial metrics and how they relate to the hospitality sector. Brush up on your knowledge of GAAP/IFRS standards and be ready to explain how you've applied them in previous roles.
✨Showcase Your Analytical Skills
This role requires strong analytical abilities. Prepare examples of how you've conducted financial analysis in the past, highlighting trends and variances. Be ready to discuss specific strategies you've implemented to improve financial performance.
✨Communicate Clearly
You'll need to explain complex financial data to non-financial stakeholders. Practice simplifying financial concepts and presenting them clearly. Think of examples where you've successfully communicated financial information to different departments.
✨Demonstrate Process Improvement Experience
The company is looking for someone to bring month-end activities in-house and implement effective processes. Be prepared to discuss any experience you have with process improvements, particularly in finance. Share specific instances where you've optimised workflows or controls.
