At a Glance
- Tasks: Lead the finance team and manage daily operations in a luxury hotel environment.
- Company: Join The Savoy, a prestigious hotel known for its excellence in hospitality.
- Benefits: Enjoy a dynamic work culture with opportunities for career growth and development.
- Why this job: Be part of a high-performing team and make a real impact in luxury hospitality.
- Qualifications: Accounting qualification preferred; great attitude and willingness to learn are essential.
- Other info: Flexibility is key; you may take on various tasks to support the team.
The predicted salary is between 36000 - 60000 £ per year.
Job Title: Finance Manager Department: Finance Inspired and Supported by: Finance Controller Your purpose will be: As a Finance Manager reporting to the Finance Controller and taking charge of the daytoday operations of the Finance Department. You will be accountable for: Managing the finance team providing leadership and direction. Working closely with the Purchasing team to ensure all standards are followed. Supervising the accounts payable receivable payroll and income audit functions. Ensuring the monthly payroll is carried out with a high level of accuracy and in line with company policies and SOPs. Handling the annual submission of the hotels PAYE Settlement Agreement. Ensuring all Finance Operations comply with Internal Audit policies. Ensuring all Finance Operations comply with applicable legislation and external audit requirements. Preparing and posting journal entries ensuring efficient completion and managing the monthend process. Overseeing the cash flow process. Ensuring financial records are maintained in compliance with accepted policies and procedures. Monitoring and controlling procedures. Participating in the recruitment and training of new colleagues. Reviewing and completing monthly P&L reports conducting monthly Balance Sheet reviews and reporting to key stakeholders. Submitting quarterly/monthly VAT returns within the deadlines set by HMRC. Partnering with operational and support departments. Ensuring a strong control environment within the hotel. Reviewing and authorizing POs and expenses as required by company policy. Reviewing and authorizing all refunds and allowances. Reviewing and approving banking transactions within approved authorization limits. Assisting in financial audit preparation in conjunction with the group reporting manager. Qualifications : What you will need to do in this role Accounting qualification preferred not required Have a great attitude with a willingness to learn and make your mark. Enjoy managing a team and developing those around you. Be ambitious and eager to develop your career in luxury hospitality. Work closely with the Director of Finance & Business Support and the Executive team to drive the success of the business. Be a finance expert preferably a qualified accountant with uptodate knowledge and practice in all accounting practices. Possess excellent communication skills. Please note that we believe in flexibility and multiskilling and you may be asked to do different tasks from time to time to enable us to meet the needs of our guests and colleagues. Remote Work : No Employment Type : Fulltime
Finance Manager The Savoy employer: AccorHotel
Contact Detail:
AccorHotel Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager The Savoy
✨Tip Number 1
Familiarize yourself with the specific financial regulations and compliance standards relevant to the hospitality industry. This knowledge will not only help you in interviews but also demonstrate your commitment to maintaining a strong control environment.
✨Tip Number 2
Showcase your leadership skills by preparing examples of how you've successfully managed teams in the past. Highlight any experiences where you developed team members or improved team performance, as this aligns with the role's focus on managing and developing the finance team.
✨Tip Number 3
Network with professionals in the luxury hospitality sector. Attend industry events or join relevant online forums to connect with others who can provide insights into the company culture and expectations at The Savoy.
✨Tip Number 4
Prepare to discuss your experience with financial audits and compliance during the interview. Be ready to explain how you've ensured adherence to internal audit policies and external legislation in your previous roles.
We think you need these skills to ace Finance Manager The Savoy
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Finance Manager position. Highlight key responsibilities and qualifications that resonate with your experience and skills.
Tailor Your CV: Customize your CV to reflect relevant experience in finance management, team leadership, and compliance with internal audit policies. Use specific examples that demonstrate your ability to manage financial operations effectively.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for luxury hospitality and your ambition to develop your career in this field. Mention how your background aligns with the company's values and the specific requirements of the role.
Highlight Your Qualifications: If you have an accounting qualification or relevant certifications, make sure to emphasize these in your application. Discuss your up-to-date knowledge of accounting practices and how it can benefit the finance team.
How to prepare for a job interview at AccorHotel
✨Show Your Leadership Skills
As a Finance Manager, you'll be leading a team. Be prepared to discuss your leadership style and provide examples of how you've successfully managed and developed a team in the past.
✨Demonstrate Financial Expertise
Make sure to brush up on your accounting knowledge and be ready to discuss current practices and regulations. Highlight any relevant qualifications or experiences that showcase your expertise in finance.
✨Communicate Effectively
Excellent communication skills are crucial for this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex financial concepts or processes.
✨Understand the Company Culture
Research The Savoy and its values. Be ready to explain how your personal values align with the company's culture and how you can contribute to their success in luxury hospitality.