Financial Controller, The Savoy Hotel

Financial Controller, The Savoy Hotel in City of Westminster

City of Westminster Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead finance operations and manage a talented team at The Savoy Hotel.
  • Company: Join the iconic Savoy Hotel, a symbol of British luxury since 1889.
  • Benefits: Enjoy competitive salary, generous holiday, and exclusive discounts at luxury hotels and restaurants.
  • Why this job: Be part of a prestigious brand and contribute to its exciting growth journey.
  • Qualifications: ACA, CIMA or ACCA qualified with experience in operational finance.
  • Other info: Dynamic work environment with opportunities for personal and professional development.

The predicted salary is between 36000 - 60000 £ per year.

The Savoy is one of the world's most iconic hotels, blending rich history with innovation and outstanding service excellence. We pride ourselves on creating special memories for our guests by delivering the very best in five-star luxury hospitality.

As part of The Savoy’s exciting journey, we are seeking a charismatic Financial Controller. Reporting to the Director of Finance & Business Support, you will be accountable for:

  • Managing day-to-day finance, leading a team of approximately 10 talented finance professionals
  • Ownership of all operational aspects of finance across the Balance Sheet, P&L and Cashflow
  • The month-end process from start to finish
  • Lender Reporting – Covenant reporting
  • Statutory reporting – Working with external advisors when required
  • Ensuring the appropriate Control environment is in place
  • Leading the development and improvement of processes, controls and systems
  • Variance analysis and reporting on trends
  • KPI Reporting
  • Oversight of capital expenditure on a monthly and ad hoc basis
  • Reviewing and authorising relevant areas, i.e. POs and Expenses, refunds, allowances, banking transactions as required by Company policy
  • Quarterly/monthly VAT returns within the set deadlines by HMRC
  • Year-end audit requirements – lead liaison with external auditors
  • Internal audit – self-assessment and ensuring compliance with requirements
  • Balance sheet reconciliations and consolidation
  • Overall controller for CAPEX / FF&E
  • Managing key relationships and processes for the ongoing capital projects
  • Budgeting and forecasting
  • Coaching and developing the finance team
  • Supporting the Director of Finance in ad hoc project requests

Qualifications:

  • ACA, CIMA or ACCA qualified, having already moved into industry
  • In-depth experience of either delivering as part of an operational finance team, or of leading the function in hotel or similar environment
  • Demonstrably exceptional communication skills, easily able to engage with a wide range of finance and non-finance stakeholders and colleagues
  • The drive and energy to deliver exceptional performance
  • High levels of emotional intelligence
  • A genuine interest in the luxury hospitality sector
  • Happy to be hands-on and comfortable getting hands dirty within a fast-paced SME
  • Polished, presentable and able to represent the brand in the appropriate manner
  • Looking to join a vibrant, engaging team and participate in hotel-wide activities

This is a rare opportunity to join a wonderful British luxury brand, partnering the leadership team and playing a key role in its exciting growth plans. We believe in flexibility and multi-skilling, 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.

What’s in it for you?

  • Competitive salary and additional service charge
  • Life insurance and pension
  • 31 days of holiday (including public holidays)
  • Exclusive discounts at Savoy, Fairmont, Raffles, and Accor hotels (friends & family rates included)
  • 50% off at American & Beaufort Bars, Afternoon Tea, spa, florist, and select Gordon Ramsay restaurants
  • 20% off at other Gordon Ramsay restaurants and Restaurant 1890
  • Free stay for two at The Savoy after successful probation
  • Colleague restaurant, gym, interfaith prayer room and wellness room
  • Laundry services
  • Cashback for wellbeing/healthcare expenses; HSF & Perkbox
  • Employee assistance program
  • Virgin Active and The Gym Group membership discounts
  • Cycle-to-work scheme
  • Season ticket loan for commuting
  • Annual optician reimbursements of £100
  • Local discounts for F&B and retail

Financial Controller, The Savoy Hotel in City of Westminster employer: Accor Hotels

The Savoy Hotel is an exceptional employer, renowned for its commitment to outstanding service and a colleague-centric culture that prioritises employee well-being and development. With competitive salaries, extensive benefits, and unique opportunities for career growth within the prestigious Fairmont brand, employees enjoy a vibrant work environment in one of London's most iconic luxury hotels, making it a truly rewarding place to build a career in hospitality.
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Contact Detail:

Accor Hotels Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Controller, The Savoy Hotel in City of Westminster

✨Tip Number 1

Network like a pro! Reach out to current or former employees at The Savoy on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

✨Tip Number 2

Prepare for the interview by researching The Savoy's history and values. Show us that you’re not just another candidate; you’re genuinely excited about being part of our iconic brand and its future!

✨Tip Number 3

Practice your answers to common finance-related questions, but also be ready for situational ones. We want to see how you think on your feet and how you’d handle real-life scenarios in our fast-paced environment.

✨Tip Number 4

Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows us that you’re keen on the role. Plus, it’s a great chance to reiterate why you’d be a perfect fit!

We think you need these skills to ace Financial Controller, The Savoy Hotel in City of Westminster

Financial Management
Team Leadership
Operational Finance
Balance Sheet Management
P&L Analysis
Cashflow Management
Variance Analysis
KPI Reporting
Budgeting and Forecasting
Statutory Reporting
Communication Skills
Emotional Intelligence
Project Management
ACA, CIMA or ACCA Qualification
Internal Audit Compliance

Some tips for your application 🫡

Show Your Passion for Hospitality: When writing your application, let your love for the luxury hospitality sector shine through. We want to see how your experience aligns with our values and how you can contribute to creating those special memories for our guests.

Be Clear and Concise: Keep your application straightforward and to the point. Highlight your relevant skills and experiences without fluff. We appreciate clarity, so make sure your qualifications stand out in a way that’s easy for us to digest.

Tailor Your CV and Cover Letter: Don’t just send a generic CV! Tailor your documents to reflect the specific requirements of the Financial Controller role at The Savoy. Mention your experience with finance in the hospitality industry and how it relates to what we’re looking for.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Plus, it shows you’re serious about joining our team!

How to prepare for a job interview at Accor Hotels

✨Know Your Numbers

As a Financial Controller, you'll need to demonstrate your financial acumen. Brush up on key financial metrics relevant to the hospitality industry, such as P&L statements, cash flow management, and KPI reporting. Be ready to discuss how you've used these in past roles.

✨Showcase Your Leadership Skills

You'll be leading a team of finance professionals, so it's crucial to highlight your leadership experience. Prepare examples of how you've coached and developed team members, and how you foster a collaborative environment. This will show that you're not just about numbers but also about people.

✨Understand The Savoy's Brand

Familiarise yourself with The Savoy's history, values, and current initiatives. Being able to articulate why you want to work for such an iconic hotel and how you can contribute to its legacy will set you apart. Show genuine enthusiasm for the luxury hospitality sector.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving skills and emotional intelligence. Think of situations where you've had to manage tight deadlines or resolve conflicts within your team. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.

Financial Controller, The Savoy Hotel in City of Westminster
Accor Hotels
Location: City of Westminster
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