At a Glance
- Tasks: Oversee financial systems and reporting for a growing hotel chain.
- Company: Join YOTEL, an innovative hotel brand transforming the hospitality experience.
- Benefits: Competitive salary, dynamic work environment, and opportunities for career advancement.
- Other info: Work in a vibrant city like London with diverse teams worldwide.
- Why this job: Be part of an exciting growth journey in a global hospitality leader.
- 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 in London 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 technology, with ample opportunities for professional growth as the company embarks on exciting new projects and hotel openings worldwide. With a commitment to employee development and a culture that encourages collaboration and fresh ideas, 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 in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend finance and hospitality events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Show Off Your Skills
When you land an interview, make sure to highlight your experience with financial systems and reporting. Bring examples of how you've improved processes or automated tasks in previous roles. This will show that you’re not just a qualified accountant, but someone who can add real value to YOTEL’s ambitious growth plans.
✨Research the Company
Before any interview, do your homework on YOTEL. Understand their business model, recent news, and future plans. This will help you tailor your answers and demonstrate your genuine interest in being part of their journey as they expand globally.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re proactive and genuinely interested in joining the team at YOTEL.
We think you need these skills to ace Financial Systems & Reporting Manager in London
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 the hospitality industry and how your background makes you the perfect fit for YOTEL. Remember, we love creativity and smart design!
Showcase Your Tech Savvy:Since this role involves managing finance systems, don’t forget to mention any tech skills or experiences you have. Whether it's automating processes or improving financial reporting, let us know how you can bring value to our team!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of all the amazing candidates like you who want to join our journey!
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.
✨Familiarise Yourself with Financial Systems
Since the role involves managing various finance systems like SUN and dEPM, make sure you understand these tools. If you have experience with similar systems, be prepared to share specific examples of how you’ve improved processes or implemented upgrades.
✨Showcase Your Project Management Skills
You'll be involved in supporting new hotel openings and managing multiple workstreams. Prepare to discuss past projects where you successfully juggled various tasks. Highlight your ability to prioritise and manage time effectively, as this will be crucial for the role.
✨Cultural Awareness is Key
YOTEL operates globally, so demonstrating cultural awareness is essential. Be ready to talk about experiences working with diverse teams or in different cultural settings. This will show that you can adapt and thrive in a multinational environment.
