At a Glance
- Tasks: Oversee financial systems and reporting for YOTEL's expanding hotel portfolio.
- Company: Join YOTEL, a dynamic hotel chain redefining hospitality worldwide.
- Benefits: Competitive salary, growth opportunities, and a chance to shape the future of finance in hospitality.
- Other info: Work in a vibrant environment with global exposure and diverse teams.
- Why this job: Be part of an innovative team driving financial excellence in exciting new hotel openings.
- Qualifications: Qualified accountant with a passion for finance systems and process improvement.
The predicted salary is between 75000 - 85000 £ per year.
YOTEL are an expanding hotel chain who operate 23 hotels in sought after locations around the world including Miami, Singapore & New York. From buzzing cities to bustling airports, YOTEL is successfully challenging the status quo of the hospitality industry by delivering a different experience for guests through desirability, smart design and creative technology.
YOTEL directly manages 20 of their 23 branded hotels with ambitious plans to significantly grow both their managed and franchised portfolio over the next five years including openings in Stratford, Bangkok & Tokyo over the next 12 months with others to follow soon after.
The role of Financial Systems & Reporting Manager will report to the CFO and has been newly created to specifically support their ambitious growth plans. Duties include:
- Have oversight of all managed hotels’ books and records; perform monthly balance sheet reviews with all hotel FCs.
- Lead the group financial control & process environment for managed hotels. Create & implement a best practice manual that is scalable for all new hotel openings.
- Own all finance systems (SUN / dEPM / BirchStreet / Adyen); act as the main point of contact for all managed hotel FCs & suppliers and manage any projects / upgrades etc.
- Support new hotel openings (Q2 2024 Stratford, Q4 2024 Bangkok, Q1 2025 Tokyo); play a key role in onboarding all new hotel FCs by ensuring they’re up to speed as soon as possible.
- Develop the BI tool (Infor dEPM) to build better, more incisive value-add reports to aid decision making both at hotel and Head Office level.
- Represent Finance in all project groups (commercial, development, IT) to support any new ideas being considered / implemented e.g. CRM, App or Yotel.com development; provide financial perspectives, investment appraisal and feasibility studies as required.
The successful candidate for the position of Finance Systems & Reporting Manager will:
- Be a qualified accountant with strong audit and / or other financial control experience.
- Possess a keen interest or experience in IT / financial systems and a demonstrable desire to both improve these and automate processes where possible.
- Have an enquiring mind and flexible approach along with an acceptance that the ideal solution may need to be found over time.
- Demonstrate the ability to manage and prioritise several workstreams alongside each other.
- Show strong cultural awareness to work with a wide range of globally based finance and other leaders.
- Ideally have prior exposure to a hotel, property, operational asset or other multi-site industry.
Expected salary: £75000 – 85000 per year
Location: London
Financial Systems & Reporting Manager employer: Cedar Recruitment
YOTEL is an innovative and rapidly expanding hotel chain that offers a dynamic work environment in the heart of London. As a Financial Systems & Reporting Manager, you will be part of a forward-thinking team that values creativity and smart design, with ample opportunities for professional growth as the company embarks on exciting new projects across the globe. With a commitment to employee development and a culture that embraces diversity and collaboration, YOTEL stands out as an exceptional employer in the hospitality industry.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Systems & Reporting Manager
✨Tip Number 1
Network like a pro! Reach out to people in the finance and hospitality sectors on LinkedIn. Join relevant groups and engage in discussions to get your name out there. You never know who might have a lead on that perfect Financial Systems & Reporting Manager role!
✨Tip Number 2
Prepare for interviews by researching YOTEL and their growth plans. Understand their financial systems and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate, but someone who’s genuinely excited about their vision!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you email expressing your appreciation for the opportunity. It’s a great way to remind them of your enthusiasm and keep you top of mind as they make their decision.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you ace your application and connect with potential employers. Plus, it shows you’re serious about joining the team and makes it easier for us to spot your application!
We think you need these skills to ace Financial Systems & Reporting Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Systems & Reporting Manager role. Highlight your experience with financial systems and any relevant projects you've led. We want to see how your skills align with our ambitious growth plans!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about working with YOTEL and how your background makes you the perfect fit for this role. We love seeing enthusiasm and a personal touch!
Showcase Your Tech Savvy:Since this role involves managing finance systems, don’t forget to mention your experience with tools like SUN, dEPM, or any other relevant software. We’re keen on candidates who can help us improve and automate processes!
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 the role. Plus, it shows you’re serious about joining our team at YOTEL!
How to prepare for a job interview at Cedar Recruitment
✨Know Your Numbers
As a Financial Systems & Reporting Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used data to drive decisions in previous roles. This shows you’re not just about the numbers but also about their impact.
✨Showcase Your Tech Savvy
YOTEL is looking for someone with a keen interest in IT and financial systems. Be prepared to talk about any relevant software you've worked with, especially SUN, dEPM, or similar tools. Highlight any projects where you’ve improved processes through technology.
✨Cultural Fit Matters
With YOTEL's global presence, cultural awareness is key. Research their values and be ready to discuss how your experiences align with their mission. Share examples of how you've successfully collaborated with diverse teams in the past.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and adaptability. Think of scenarios where you had to manage multiple workstreams or adapt to changing priorities. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.
