At a Glance
- Tasks: Lead financial performance for luxury hotels and provide expert advice to stakeholders.
- Company: Join Montcalm Collection, London's premier luxury hotel group with a rich history and elegant style.
- Benefits: Enjoy 28 holidays, health incentives, training opportunities, and a birthday day off!
- Why this job: Shape the future of hospitality finance while working in stunning locations and a supportive team.
- Qualifications: Hospitality finance qualification or experience; previous finance manager role preferred.
- Other info: Diversity and inclusion are core values; we welcome unique perspectives.
The predicted salary is between 48000 - 72000 £ per year.
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.
Discover the hotels in the collection:
- Our historic brewery, reimagined as a vibrant modern hotel: The Montcalm At The Brewery.
- Our Georgian charmer with an artful modern spirit: The Montcalm Marble Arch.
- Our storied city-slicker, housed in the former headquarters of the Royal Mail: The Montcalm Royal London House.
- Our duo of mindful hotels which set a slower pace: Inhabit Southwick Street and Inhabit Queen’s Gardens.
Position Overview
Montcalm Collection are looking for a skilled and ambitious Deputy 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
As the Deputy Director of Finance, you will be responsible for:
- 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.
Deputy Finance Director employer: London Limited
Contact Detail:
London Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Deputy Finance Director
✨Tip Number 1
Familiarise yourself with the Montcalm Collection's unique offerings and values. Understanding their commitment to luxury and service will help you align your experience and skills with their mission during discussions.
✨Tip Number 2
Network within the hospitality finance sector, especially with professionals who have experience in multi-site environments. This can provide insights into the challenges faced in similar roles and may lead to valuable connections at Montcalm.
✨Tip Number 3
Prepare to discuss your experience with financial systems like Sage Intact and Opera. Being able to demonstrate your proficiency with these tools will show that you're ready to hit the ground running in this role.
✨Tip Number 4
Highlight your ability to build relationships with senior leadership teams. Emphasising your collaborative approach and how you've supported decision-making in previous roles can set you apart as a candidate who fits well with their culture.
We think you need these skills to ace Deputy Finance Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly within the hospitality sector. Emphasise your skills in financial management, reporting, and stakeholder engagement, as these are crucial for the Deputy Finance Director role.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your passion for the hospitality industry. Mention specific experiences that align with the responsibilities listed in the job description, such as overseeing financial performance or preparing management accounts.
Showcase Relevant Qualifications: Clearly state your finance qualifications, whether you are part-qualified or fully qualified (CIMA, ACCA, ACA). If you have experience with specific accounting systems like Sage Intact and Opera, make sure to highlight this as it is relevant to the role.
Highlight Leadership Experience: Since the role involves supporting and developing management accountants, include examples of your leadership experience. Discuss any previous roles where you led teams, conducted performance reviews, or implemented financial controls.
How to prepare for a job interview at London Limited
✨Know Your Numbers
As a Deputy Finance Director, 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 managing a team and collaborating with various stakeholders. Highlight your experience in leading finance teams, conducting performance reviews, and fostering a culture of accountability and excellence within your department.
✨Understand the Company Culture
Montcalm Collection values timeless style and peerless service. Research their hotels and be ready to discuss how your financial strategies can align with their commitment to exceptional customer care and service delivery.
✨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, particularly in a multi-site environment, and how you overcame them to ensure financial stability and growth.