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For Companies At a Glance
- Tasks: Lead finance operations and manage a dynamic team in luxury hospitality.
- Company: Join a renowned luxury hospitality brand known for excellence.
- Benefits: Enjoy a competitive salary, monthly bonuses, and fantastic perks.
- Why this job: Grow your career with supportive leaders in a vibrant team culture.
- Qualifications: Qualified Accountant (ACCA/CIMA/ACA) with hospitality experience preferred.
- Other info: Opportunity for professional development and involvement in exciting projects.
The predicted salary is between 48000 - 72000 £ per year.
Your new company
I am supporting a well-known, luxury hospitality business that is looking for a Finance Manager to join their team! You'll be reporting to the Finance Controller, and taking charge of the day-to-day finance operations while managing a team. You'll take ownership over month-end & operational finance. This role will provide great opportunities for growth and development, as well as a competitive salary and exciting benefits.
Your new role
- Managing the finance team
- Ownership of management accounts & month-end duties
- Supervising AP/AR, payroll, and income audit
- Handling the submission of PAYE & VAT
- Preparing and posting journal entries
- Overseeing the cash flow process
- Ensuring financial records are maintained in compliance with accepted policies and procedures
- Training & developing team
- Reviewing and completing monthly P&L reports, conducting monthly Balance Sheet reviews, and reporting to key stakeholders
- Partnering with various non-finance teams
- Assisting with external audit
- Process improvement & ad-hoc project
What you'll need to succeed
You’ll ideally be a Qualified Accountant (ACCA/CIMA/ACA) with Hospitality experience. Any team management experience is a bonus!
What you'll get in return
You’ll work amongst impressive finance leaders who will support your development, working alongside a friendly team. You’ll be offered a competitive salary of £60-65k + monthly bonus + amazing benefits!
What you need to do now
If you’re interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. If this job isn’t quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Finance Manager (Luxury Hospitality) employer: Hays Accountancy and Finance
Contact Detail:
Hays Accountancy and Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager (Luxury Hospitality)
✨Tip Number 1
Familiarise yourself with the luxury hospitality sector. Understanding the unique financial challenges and opportunities in this industry will help you stand out during interviews. Research recent trends and developments to demonstrate your knowledge.
✨Tip Number 2
Network with professionals in the hospitality finance space. Attend industry events or join relevant online forums to connect with others in the field. This can lead to valuable insights and potential referrals for the role.
✨Tip Number 3
Prepare to discuss your team management experience in detail. Think of specific examples where you've successfully led a finance team, improved processes, or contributed to financial strategy. This will show your capability to manage and develop a team effectively.
✨Tip Number 4
Be ready to showcase your technical skills related to financial reporting and compliance. Brush up on your knowledge of PAYE, VAT, and cash flow management, as these are crucial for the role. Highlight any relevant software proficiency that could benefit the team.
We think you need these skills to ace Finance Manager (Luxury Hospitality)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as an accountant, particularly any ACCA, CIMA, or ACA certifications. Emphasise your experience in hospitality finance and team management to align with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the luxury hospitality sector. Mention specific experiences where you successfully managed finance operations or led a team, demonstrating how you can add value to their business.
Highlight Relevant Skills: In your application, focus on key skills such as month-end reporting, cash flow management, and compliance with financial policies. Use examples from your past roles to illustrate these skills effectively.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial in finance roles.
How to prepare for a job interview at Hays Accountancy and Finance
✨Showcase Your Hospitality Experience
Make sure to highlight any previous experience you have in the hospitality sector. Discuss specific roles or projects where you managed finance operations, as this will demonstrate your understanding of the unique financial challenges in luxury hospitality.
✨Prepare for Team Management Questions
Since this role involves managing a finance team, be ready to discuss your leadership style and experiences. Think of examples where you've successfully trained or developed team members, and how you handle conflicts or motivate your team.
✨Understand Financial Compliance
Familiarise yourself with the financial compliance standards relevant to the hospitality industry. Be prepared to discuss how you ensure that financial records are maintained according to accepted policies and procedures, as this is crucial for the role.
✨Demonstrate Process Improvement Skills
The job description mentions process improvement and ad-hoc projects. Come prepared with examples of how you've identified inefficiencies in financial processes and implemented changes that led to better outcomes. This will show your proactive approach to finance management.
