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- Tasks: Manage financial records, track revenue, and prepare reports for hotels.
- Company: Join a dynamic group of hotels focused on maximising revenue and compliance.
- Benefits: Enjoy a hybrid work model with opportunities for professional growth.
- Why this job: Be part of a collaborative team that values accuracy and insight in the hospitality industry.
- Qualifications: Qualified accountant or studying towards a qualification with five years of experience required.
- Other info: Utilise advanced Excel skills and analytics software to drive financial success.
The predicted salary is between 36000 - 60000 £ per year.
Our client is a group of hotels. They are currently seeking a skilled Revenue Accountant to manage the financial records of their hotels with regards to revenue and income. This includes tracking and analysing financial data, preparing financial reports, and ensuring that the hotels are in compliance with applicable laws and regulations, ensuring accuracy of the financial information and providing advice and guidance on how to maximize its revenue. This is a hybrid role.
Responsibilities:
- Record and report revenue transactions in compliance with accounting principles and regulations
- Identify and analyse revenue-related issues and recommend solutions
- Prepare and maintain revenue schedules and reports
- Review and analyse revenue data for accuracy and completeness
- Ensure that revenue is recognised in accordance with the company’s revenue recognition policy
- Collaborate with cross-functional teams to ensure accurate and timely revenue recognition
- Assist with the preparation of financial statements and reports
- Ensure compliance with internal controls and accounting policies
- Continuously update job knowledge by participating in educational opportunities, reading professional publications, and participating in professional organisations
- Reconcile trade receivables aging
- Daily transfer of revenue from PMS into Netsuite on daily basis working closely with Finance Assistants
- Full ownership of P&L from revenue perspective
- Attend P&L reviews with hotels team and GMs
- Use segment analysis to provide insight and projections, as well as harnessing analytics software e.g. PMS such as Infor
Requirements:
- Proficient in Microsoft Office, particularly Word, Excel and PowerPoint
- Advanced Microsoft Excel skills
- Demonstrable experience of building complex reports in Excel
- Qualified accountant (ACA, ACCA, CIMA, or equivalent) or studying towards recognised accounting qualification with at least five years experience
- Experience of working with large data sets
- Experience of developing and completing analysis projects
- Experience presenting analysis and driving actions from insights
- Knowledge of using Netsuite or Fairmas or any relevant reporting tool
- Attention to detail, taking ownership for accuracy of output
- Ability to work to tight deadlines and prioritise work effectively
- Excellent communication skills and organised, with attention to detail
- Good understanding of hospitality commercial analysis and statistics
- Exposure to Hospitality industry will be beneficial
- Experience of creating, recording, maintaining controls and governance eg P2P (procure to pay), R2R (record to report) and O2C (order to cash)
Hotels Revenue Accountant employer: Taylor Hawkes Ltd
Contact Detail:
Taylor Hawkes Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Hotels Revenue Accountant
✨Tip Number 1
Familiarise yourself with the hospitality industry, especially in revenue management. Understanding how hotels operate financially will give you an edge during interviews and help you relate your skills to the specific needs of the role.
✨Tip Number 2
Brush up on your advanced Excel skills, particularly in building complex reports. Being able to demonstrate your proficiency in Excel during practical assessments or discussions can significantly boost your chances of landing the job.
✨Tip Number 3
Network with professionals in the hospitality finance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 4
Prepare to discuss your experience with financial compliance and internal controls. Be ready to share specific examples of how you've ensured accuracy and adherence to regulations in your previous roles, as this is crucial for the position.
We think you need these skills to ace Hotels Revenue Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in revenue accounting and financial reporting. Emphasise your proficiency in Microsoft Excel and any experience with Netsuite or similar tools, as these are crucial for the role.
Craft a Strong Cover Letter: In your cover letter, explain why you are interested in the Hotels Revenue Accountant position specifically. Mention your understanding of the hospitality industry and how your skills can help maximise revenue for the hotels.
Showcase Analytical Skills: Provide examples in your application that demonstrate your ability to analyse large data sets and present insights. Highlight any past projects where your analysis led to actionable outcomes, especially in a hospitality context.
Proofread Your Application: Before submitting, carefully proofread your application for any errors. Attention to detail is key in accounting roles, so ensure your documents are polished and professional.
How to prepare for a job interview at Taylor Hawkes Ltd
✨Showcase Your Analytical Skills
As a Revenue Accountant, you'll need to demonstrate your ability to analyse financial data. Be prepared to discuss specific examples of how you've identified revenue-related issues in the past and the solutions you recommended.
✨Familiarise Yourself with Relevant Software
Since the role involves using tools like Netsuite and PMS systems, make sure you have a good understanding of these platforms. If possible, mention any experience you have with similar software during the interview.
✨Highlight Your Attention to Detail
Accuracy is crucial in this role. Prepare to provide examples of how you've ensured the accuracy of financial reports and compliance with accounting principles in your previous positions.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills. Think about scenarios where you've had to reconcile discrepancies or present complex data to stakeholders, and be ready to explain your thought process.
