Senior Management Accountant (Team Leader) in London

What We Offer:

• Complimentary lunch on duty, with snacks and refreshments always available.
• 28 days' holiday per year, including bank holidays.
• Free access to our on-site gym.
• Early access to your earnings through Wagestream.
• Generous employee discounts across 5,000+ IHG hotels worldwide.
• Access to hundreds of discounts on shopping, dining, and entertainment.
• A genuinely supportive and lively working environment where your contributions are valued.
• Opportunities to learn, grow, and develop within a forward-thinking hospitality group.

What will your key responsibilities and duties be:

• General Accounting and Financial Controls
• Ensure the accounting records of the entities are maintained.
• Ensure accurate booking in accordance with Local GAAP and accurate reporting in accordance with established guidelines.
• Supervising the daily operations of the finance department.
• Ensure that procedures as set forth are duly implemented in the hotel.
• Maintain direct proper authorisation and processing of all purchase orders, contracts and other commitments of the company in accordance with the procedures set out by the Group.
• Advise and provide the needed support for accurate & timely billing of all recharges (Intercompany, Affiliates, Managed & Franchised).
• Ensure timely receipt of Intercompany confirmations and investigate any discrepancy.
• Spot check the daily credit card reconciliation and ensure all refunds are properly authorized.
• Monthly Accounting Controls
• Ensure a system is in place to either approve electronically via Procure Wizard and Sage all entries from the accounting employees or ensure a manual process is in place in case the electronic way is not available.
• Approve / Post the daily bank journal (Financial Ledger) and validate against the bank statement.
• Validate receipt of the daily cash in the bank.
• Review / Post for approval petty cash vouchers, daily or monthly income journals, month-end entries, and monthly payroll, ensuring the payroll process is completed accurately and on time.
• Prepare and ensure accuracy of the P&L (i.e., costs are properly matched to revenue, costs are recorded in the proper accounts).
• Review the final P&L and B/S with General Manager.
• Supervise and provide the needed support to the accounting for the monthly reconciliation of all balance sheet accounts.
• Review and approve the monthly reconciliation of all balance sheet accounts.
• Support and ensure that all open items in the balance sheet are resolved timely.
• Perform monthly HotelKey to Bank reconciliation for all cash related transactions.
• Perform monthly P&L reconciliations for all Payroll Related accounts.
• Assets and Stock Management
• Ensure the proper keeping of the Assets register of the company, together with itemized depreciation charts at authorized depreciation rates.
• Ensure compliance with the policy and procedure in relation to capex submission, authorisation, expenditure and capitalisation as well as to disposal of assets.
• Monitor the capital planning process by assisting management with the calculation of return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating scope of work and specifications.
• Produce / Issue capex and renovation progress reports as per reporting procedures.
• Ensure that the regular physical count and valuation of all food, beverage, operating supplies and equipment inventories are done as per the procedures.
• Tax
• Ensure compliance with all fiscal regulation of the country of location.
• Validate the VAT and City Tax returns / payments.
• Control all other taxes returns / payments.

What we are looking for:

• Qualified or near qualified as an accountant (ACCA or CIMA).
• Previous experience in hotel accounting is preferred but not essential.
• Demonstrate a good knowledge of financial procedures within a group role, ideally within the hospitality industry.
• Proven experience in managing multi-site profit & loss accounts.
• Possesses strong influencing skills with the ability to break down information for non-financial managers.
• Experience in using Sage, Procurewizard and Fourth would be beneficial.
• Excellent communication skills in all aspects; good organisational and administrative skills with an eye for detail; Proficient in Microsoft Word, Excel, Power Point presentations.