Director of Finance

Company Description

The Hoxton, Edinburgh

We can’t wait to open our first UK hotel outside of London…and where better than the characterful capital of Scotland, Edinburgh. We are now looking for an experienced Director of Finance to join our team and play a crucial part in successfully launching our brand in this new neighbourhood. Reporting to the General Manager and with a dotted line to the VP of Finance, you’ll be responsible to ensure that we meet compliance and regulatory standards, monitor and manage accounts, be responsible for the financial reporting for our hotel, as well as lead, mentor and develop the team, creating an environment where they can be themselves and can feel the value they’re adding.

The Hox in Edinburgh will boast 214 bedrooms influenced by the Georgian heritage of the building and city (including the introduction of a new room category for the Hox), a main restaurant and big lobby & bar, a large event space and The Apartment - our unique meetings and events concept.

More about us…

The Hoxton is a series of open-house hotels, each in a neighbourhood that we love. Ever since we opened our first hotel in Shoreditch, we’ve never just been about offering a bed for the night. We want to be more than that: proving style doesn’t need to be sacrificed for good value and providing a place where guests can hang out alongside the locals and submerse themselves in the neighbourhood with vibrant, welcoming public spaces.

What’s in it for you...

• Become part of a team that’s very passionate about creating great hospitality experiences.
• Competitive salary.
• 29 days holiday (including bank holidays), pension and life insurance.
• Food on us during your shift.
• Enjoy a free night at The Hoxton and a meal for two when you first start with us.
• Training to get you settled into your role with ongoing development that helps you think, make and thrive to set you up for success at work.
• Time off to volunteer with one of our partner charities.
• Hox Hero and Nifty Fifty, our rewards for going the extra mile and living our values.
• An annual diversity and inclusion calendar of events creating opportunities for you to learn, celebrate and make a positive impact.
• Regular team get togethers, from our High Fives to our (pretty special!) team parties – we know how to have a good time!
• The chance to challenge the norm and work in an environment that is both creative and rewarding.
• Join an innovative, fast-growing, international group that is shaking things up on the hospitality scene.
• Excellent discounts across The Hoxton and the global Ennismore family.

What you’ll do…

• Ensure strong financial management within a robust control environment.
• Have ultimate responsibility for accurate accounting records and provide financial reports for the hotel.
• The hotel is operated on a self-accounting basis and includes statutory accounts.
• Manage the finance relationship with operations and finance at hotel and head office ensuring that an excellent service is provided through quality input.
• Manage the relevant elements of our owner relationship.
• Lead all elements related to balance sheets, P&L, cash management, capital, amongst others.
• Provide focused, innovative and value-adding management reporting and analysis.
• Deliver high quality management information and performance measurement that is accurate and relevant.
• Ensure reporting that incorporates benchmarking, identification and measurement of key performance indicators and use of balanced scorecard.
• Optimise and develop systems to improve efficiency and information.
• Ensure training takes place for users; challenge processes to eliminate non-value adding tasks.
• Work with colleagues to ensure that errors are corrected at source and processes amended as required, eliminating rather than correcting errors.
• Lead the planning and forecasting process for The Hoxton, Edinburgh and ensure that financial plans are consistent with the strategic objectives.
• Pro-actively support the General Manager and lead the finance team in hotel strategic planning, focussing on value opportunities.
• Manage the formulation, review and approval process for budgeting within the hotel.
• Lead, develop and inspire a high-quality finance team.
• Actively plan for succession to develop and replace individuals effectively.
• Develop effectiveness of the finance function through continuous training and development of the team.
• Lead and motivate the team to high levels of performance.

What we’re looking for…

• Individuals. You’re looking for a place where you can be you; no clones in suits here.
• Passion for hospitality – whether that’s a drink, a meal, an event or a bed for the night.
• You’re all about having a positive impact on the people you interact with, leaving them with a memorable experience.
• You’re not precious. We leave our egos at the door and help get things done.
• You’re up for doing things differently and trying (almost) everything once.
• If we got stuck in a lift together, we’d have a good time and share a few laughs.
• You want to be part of a team that works hard, supports each other, and has fun along the way.
• 3 plus years of hotel finance experience, ideally already in a Finance Manager/Director of Finance role.
• Strong knowledge and experience of operating requirements from a financial and legal perspective.
• Technical skill, with a strong understanding of compliance requirements, best practice hotel operations, finance function set up and standard systems.
• A balance between a methodical and process-driven approach and flexibility and creativity when it comes to meeting deadlines and finding solutions.
• A qualified accountant would be an advantage.