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- Tasks: Manage day-to-day finance and bring month-end activities in-house.
- Company: Join a fast-growing hospitality SME backed by private equity in London.
- Benefits: Enjoy a competitive salary, bonus potential, and great benefits.
- Why this job: Accelerate your career in a dynamic environment with significant growth opportunities.
- Qualifications: ACA, ACCA, or CIMA qualified preferred; experience in finance roles required.
- Other info: Ideal for those passionate about finance in the hospitality sector.
The predicted salary is between 47000 - 65000 £ per year.
We’re partnering with a Private Equity backed fast growing hospitality SME business located in London that is experiencing significant growth both organically and by acquisition. As part of their growth, reporting to the Finance Director, they now seek an experienced Finance Manager/Management Accountant to join in a ‘hands-on’ position to bring in-house both transactional and reporting activity from the external practice. This is a great opportunity to join a fast-growing business that has just received a huge investment to accelerate growth and ultimately, your career!
THE FINANCE MANAGER / MANAGEMENT ACCOUNTANT ROLE:
- Reporting to the FD, in a Finance Manager (non-supervisory) role, where you’ll undertake hands-on responsibility for day-to-day finance.
- Initially to bring the month-end finance activities in-house from the external practice, implementing effective processes, procedures and controls.
- Coordinate month-end, quarterly and year-end close processes including all HMRC submissions.
- Monitor cash flow and liquidity to ensure the company can meet its financial obligations.
- Develop and implement financial strategies in line with objectives and prepare detailed financial reports, forecasts, and budgets.
- Conduct financial analysis to identify trends, variances, and areas of improvement.
- Oversee the preparation and management of the annual budget, reporting on budget performance, ensuring alignment with organisational objectives.
- Implement cost-control measures to optimise financial performance.
- Ensure accurate and timely preparation of financial statements in accordance with GAAP/IFRS.
- Overseeing the person responsible for the general ledger, accounts payable, accounts receivable, and payroll functions.
- Liaise with external auditors, tax advisors, and regulatory bodies.
- Collaborate with department heads to support operational and strategic initiatives.
- Advise senior management on the financial implications of business decisions.
THE PERSON:
- Ideally ACA, ACCA or CIMA Qualified, however, exceptional Qualified By Experience, Part Qualified or Finalists will be considered.
- Must have solid experience in a Management Accountant or Finance Manager role.
- Strong knowledge of financial systems, accounting principles, and reporting standards.
- Proficiency in Microsoft Excel is essential, ideally (not essential) with experience using Xero.
- Strong communication skills with the ability to explain complex financial data to non-financial stakeholders.
- Ideally with experience in the Hospitality Sector.
To apply: Please send your CV for the Finance Manager / Management Accountant role via the advert for immediate consideration.
FInance Manager - Hospitality employer: Get Recruited Ltd
Contact Detail:
Get Recruited Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land FInance Manager - Hospitality
✨Tip Number 1
Network within the hospitality sector to uncover hidden job opportunities. Attend industry events, join relevant online forums, and connect with professionals on LinkedIn to increase your visibility and learn about potential openings.
✨Tip Number 2
Familiarise yourself with the specific financial software mentioned in the job description, such as Xero. If you don’t have experience with it yet, consider taking an online course or tutorial to boost your skills and demonstrate your commitment to the role.
✨Tip Number 3
Prepare to discuss your hands-on experience with month-end processes and financial reporting during interviews. Be ready to share specific examples of how you've implemented effective financial controls and improved processes in previous roles.
✨Tip Number 4
Research the company’s recent growth and investment activities. Understanding their business model and financial strategies will allow you to tailor your discussions and show how your skills can directly contribute to their objectives.
We think you need these skills to ace FInance Manager - Hospitality
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance management and accounting, particularly in the hospitality sector. Emphasise your qualifications, such as ACA, ACCA, or CIMA, and any hands-on experience with financial systems.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the hospitality industry and your understanding of the financial challenges it faces. Mention specific achievements in previous roles that demonstrate your ability to implement effective financial strategies.
Highlight Key Skills: In your application, emphasise your proficiency in Microsoft Excel and any experience with financial software like Xero. Also, showcase your strong communication skills, especially your ability to convey complex financial data to non-financial stakeholders.
Follow Application Instructions: Ensure you submit your application through the specified channel, which is via the advert. Double-check that all required documents are included and that your application is free from errors before hitting send.
How to prepare for a job interview at Get Recruited Ltd
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your financial acumen. Be prepared to discuss key financial metrics and how they relate to the hospitality sector. Brush up on your knowledge of GAAP/IFRS and be ready to explain how you've applied these principles in previous roles.
✨Showcase Your Hands-On Experience
This role requires a hands-on approach to finance. Prepare examples from your past where you successfully managed month-end processes or implemented financial controls. Highlight any experience you have in bringing finance activities in-house from external practices.
✨Communicate Clearly
Strong communication skills are essential for this position. Practice explaining complex financial concepts in simple terms, as you may need to present to non-financial stakeholders. Think of examples where you've successfully communicated financial data to support business decisions.
✨Understand the Hospitality Sector
Familiarise yourself with the unique financial challenges and opportunities within the hospitality industry. Be ready to discuss how you can contribute to the company's growth and financial strategies, especially in light of their recent investment.
