Assistant Director of Finance in London

Assistant Director of Finance in London

London Full-Time 56700 - 69300 £ / year (est.) No working from home possible
Cambridge House

At a Glance

  • Tasks: Lead finance operations and ensure robust financial controls at a luxury hospitality destination.
  • Company: Join Auberge Collection, known for extraordinary hotels and exceptional guest experiences.
  • Benefits: Competitive salary, professional development, and the chance to shape a new luxury venue.
  • Other info: Dynamic role with opportunities for growth in a prestigious environment.
  • Why this job: Be at the forefront of finance in hospitality, making a real impact on guest experiences.
  • Qualifications: Experience in hotel finance and a collaborative approach to teamwork.

The predicted salary is between 56700 - 69300 £ per year.

As Assistant Director of Finance at Cambridge House, you will be at the heart of the House’s financial rhythm, establishing a Finance function worthy of this extraordinary new Mayfair destination. Reporting to the Regional Director of Finance, you will build sound financial foundations, protect the integrity of the business and turn numbers into thoughtful, commercially astute insight. It is a role for someone who values the precision of finance, while understanding that exceptional hospitality is ultimately about people, places and experiences.

Key Responsibilities:

  • Support the Regional Director of Finance in establishing and maintaining robust financial controls, procedures and reporting standards across Cambridge House.
  • Oversee the day-to-day finance function, ensuring processes are accurate, timely and well organised, with the right level of attention to detail.
  • Support and develop finance team members, providing clear direction, sound guidance and opportunities to grow.
  • Lead the month-end process, including journals, accruals, reconciliations, balance sheet reviews and management accounts.
  • Play a key role in bringing Cambridge House from pre-opening plans to operational reality, implementing financial systems, processes, controls and reporting ahead of opening.
  • Contribute to pre-opening financial planning, expenditure controls, asset management and operational readiness, ensuring the foundations are in place before the first guest arrives.
  • Be a trusted point of contact for finance across the House, making financial information clear, accessible and relevant to those who use it.
  • Work closely with Rooms, Food & Beverage, Wellbeing and all other House departments to monitor performance, manage costs, identify opportunities and ensure revenue is accurately reported and reconciled.
  • Maintain effective controls across purchasing, accounts payable, credit control, payroll, cash handling, stock and inventory.
  • Review daily revenue reports and reconciliations across the PMS, POS and other financial systems, ensuring everything is where it should be.
  • Support payroll processes, including payroll journals, TRONC, and commissions.
  • Prepare and review balance sheet reconciliations, ensuring outstanding items are understood, investigated and resolved promptly.
  • Support VAT, tax and statutory reporting requirements, ensuring deadlines are met and obligations are properly managed.
  • Liaise with external auditors and professional advisers, providing accurate information and ensuring the audit process runs smoothly.
  • Deputise for the Regional Director of Finance when required, bringing commercial awareness, a steady hand, and a thoughtful lens to the role.

Qualifications:

  • Previous experience in an Assistant Director of Finance, Finance Manager or equivalent role within a hospitality environment.
  • A strong understanding of hotel finance, including month-end reporting, budgeting, forecasting, reconciliations, revenue, payroll, purchasing and internal controls.
  • Previous experience of a pre-opening environment would be highly desirable, particularly where you have helped establish finance processes, systems and controls from the outset.
  • An accounting qualification such as ACCA, CIMA, ACA or an equivalent professional qualification would be advantageous, although relevant experience and capability are equally important to us.
  • A naturally collaborative approach, and the confidence to explain financial information clearly and thoughtfully to colleagues across the House.
  • Sound judgement, discretion and integrity.
  • A genuine enjoyment of hospitality and an appreciation for the extraordinary level of care that sits behind an effortless guest experience.

Assistant Director of Finance in London employer: Cambridge House

Cambridge-House in the City of Westminster is an exceptional employer, offering a vibrant work culture that prioritises employee wellbeing and growth. As a Luxury Spa Operations Lead, you will have the unique opportunity to shape a tranquil guest experience while being part of a supportive team dedicated to excellence in wellness. With a focus on professional development and a commitment to the Auberge 'Joy of Wellbeing' philosophy, this role promises a rewarding career in a prestigious location.

Cambridge House

Contact Details:

Cambridge House Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Assistant Director of Finance in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Cambridge House. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Assistant Director of Finance in London

Financial Controls
Financial Reporting
Attention to Detail
Team Leadership
Month-End Reporting
Budgeting
Forecasting

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Cambridge House.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Cambridge House's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Cambridge House

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Cambridge House.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Cambridge House will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Cambridge House employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.