Finance Assistant, The Savoy Hotel

Finance Assistant, The Savoy Hotel

London Full-Time 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us as a Finance Assistant, processing payments and managing supplier relationships.
  • Company: The Savoy Hotel is an iconic luxury hotel known for its outstanding service and rich history.
  • Benefits: Enjoy competitive salary, 31-33 days holiday, exclusive discounts, and wellness perks.
  • Why this job: Be part of a prestigious team, develop your skills, and make a real impact in hospitality.
  • Qualifications: Enthusiastic, detail-oriented, with strong communication skills; studying towards ACCA preferred.
  • Other info: Flexible role with opportunities to learn and grow in a dynamic environment.

The predicted salary is between 30000 - 42000 £ per year.

The Savoy, a Fairmont Managed Hotel, is one of the world's most iconic hotels. A renowned leader in the hospitality industry, The Savoy has a reputation for outstanding service and excellence. Originally built in 1889, the hotel has a rich history and has played host to royalty, world leaders, and legends of the stage and screen. Today, colleagues pride themselves on being innovative and inspirational, delivering the very best in five-star luxury.

Your purpose will be: Reporting into the Senior Finance Leader / Finance Manager, you will be responsible for processing payment and reconciliation of the suppliers account. Efficiently and accurately processing invoices in a timely manner and maintaining healthy relationships with the supplier.

You will be accountable for:

  • Creating new vendors and vendor bank account changes on Finance system (SUN)
  • Managing the relationship between our automated AP/Procurement system (BirchStreet) and clearing any exceptions.
  • Ensuring invoices are matched to the correct PO and coded to the correct nominal account and code centre.
  • Researching and resolving invoice discrepancies.
  • Preparing invoices for payment runs, and sending remittances to suppliers.
  • Running payment drafts for Finance Manager to review.
  • Working to ensure no invoices and credit notes remain open over 60 days.
  • Assisting with monthly reports.
  • Managing food & beverage month-end journals.
  • Assisting in internal and external audit queries.
  • Working closely with the cost controller and executive chef to manage food and beverage costs.
  • Engaging with management over any problems encountered.
  • Establishing the highest level of communication, co-operation, and goodwill with internal and external stakeholders, and ensuring that all queries are responded to.
  • Acting in accordance with fire, health, and safety regulations and following the correct procedures when the situation arises.
  • Carrying out additional tasks as instructed by the Senior Finance Leader and reasonable requests by the Finance Manager and Director of Finance.

What you will need to do this role:

  • Enthusiastic and positive personality with the ability to build trusting relationships with others.
  • Strong communication skills, both written & verbal.
  • Strong administration and organization skills with a proven ability to juggle many tasks.
  • Great attention to detail, and focus on quality of work produced.
  • A team player, possessing a high degree of professionalism.
  • Commitment to continuous improvement.
  • Ability to analyze large amounts of data.
  • Professional knowledge of Microsoft Excel and suite of Microsoft Office applications.
  • Preferably studying towards ACCA.
  • Previous experience in the hospitality industry.
  • Knowledge of Sun and Birchstreet is desirable.

Please note that 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, pension, and life assurance.
  • 31-33 days of holiday (including public holidays).
  • Cashback for wellbeing/healthcare expenses & Perkbox.
  • Exclusive discounts: 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 at The Savoy after probation.
  • Colleague restaurant, interfaith prayer room, and wellness room.
  • Laundry services for all colleagues.
  • Gym access, cycle-to-work scheme, and Virgin Active membership discount.
  • Season ticket loan for commuting.
  • Employee assistance program.
  • English classes, optician reimbursements, and local discounts for F&B and retail.

Finance Assistant, The Savoy Hotel employer: Fairmont Hotels and Resorts

The Savoy Hotel is an exceptional employer, offering a vibrant work culture steeped in history and excellence. With a strong commitment to employee development, competitive benefits, and unique perks such as exclusive discounts and wellness initiatives, colleagues thrive in an environment that values innovation and teamwork. Located in the heart of London, The Savoy not only provides meaningful career opportunities but also fosters a sense of community and support among its staff.
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Contact Detail:

Fairmont Hotels and Resorts Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Assistant, The Savoy Hotel

✨Tip Number 1

Familiarise yourself with the specific software mentioned in the job description, like SUN and BirchStreet. Having a solid understanding of these systems can set you apart from other candidates and show your commitment to the role.

✨Tip Number 2

Network within the hospitality industry, especially with professionals who have experience in finance roles. Attend industry events or join relevant online forums to connect with others who might provide insights or referrals for the position.

✨Tip Number 3

Demonstrate your attention to detail by preparing examples of how you've successfully managed invoices or reconciliations in past roles. Be ready to discuss these experiences during interviews to highlight your skills.

✨Tip Number 4

Research The Savoy Hotel's history and values to understand their culture better. This knowledge will help you tailor your conversations and show that you're genuinely interested in being part of their team.

We think you need these skills to ace Finance Assistant, The Savoy Hotel

Strong Communication Skills
Attention to Detail
Organisational Skills
Data Analysis
Microsoft Excel Proficiency
Accounts Payable Knowledge
Problem-Solving Skills
Relationship Management
Time Management
Team Player
Continuous Improvement Mindset
Hospitality Industry Experience
Knowledge of Finance Systems (SUN, BirchStreet)
Ability to Handle Multiple Tasks

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Finance Assistant role. Emphasise your attention to detail, communication skills, and any previous experience in accounts payable or the hospitality industry.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and The Savoy Hotel. Mention specific aspects of the job description that excite you and how your background makes you a great fit for their team.

Highlight Relevant Skills: In your application, focus on key skills mentioned in the job description, such as proficiency in Microsoft Excel, strong organisational abilities, and experience with financial systems like SUN and BirchStreet, if applicable.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which is crucial for a finance role.

How to prepare for a job interview at Fairmont Hotels and Resorts

✨Show Your Enthusiasm

The Savoy values a positive personality, so make sure to express your enthusiasm for the role and the hospitality industry. Share why you’re excited about the opportunity to work at such an iconic hotel.

✨Demonstrate Strong Communication Skills

As a Finance Assistant, you'll need to build relationships with suppliers and colleagues. Prepare examples of how you've effectively communicated in previous roles, both in writing and verbally.

✨Highlight Your Attention to Detail

Given the nature of the role, attention to detail is crucial. Be ready to discuss specific instances where your meticulousness has led to successful outcomes, especially in finance or administration tasks.

✨Familiarise Yourself with Relevant Software

Knowledge of Microsoft Excel and systems like SUN and BirchStreet is desirable. Brush up on these tools before the interview and be prepared to discuss your experience using them in past roles.

Finance Assistant, The Savoy Hotel
Fairmont Hotels and Resorts
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