Director of Finance in City of Westminster

Director of Finance in City of Westminster

City of Westminster Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the finance team, manage budgets, and ensure compliance with financial regulations.
  • Company: Join a vibrant lifestyle hotel in London with a dynamic culture.
  • Benefits: Competitive salary, career development opportunities, and a lively work environment.
  • Why this job: Make a real impact in a high-energy setting while shaping financial strategies.
  • Qualifications: 5+ years in finance leadership, strong accounting knowledge, and excellent communication skills.
  • Other info: Ideal for those who thrive under pressure and enjoy a collaborative atmosphere.

The predicted salary is between 43200 - 72000 £ per year.

As our Director of Finance, you will work in partnership with our Managing Director, Senior Executive team and Corporate Finance teams to oversee the entire accounting function here in London. Supported by a small team covering various accounting functions, you will have overall responsibility for maintaining and controlling all financial transactions and reporting to ensure that corporate standards and operational SOPs are adhered to and that they comply with any statutory requirements.

You will also be responsible for the training & development of the finance team to ensure they have a full understanding of financial controls and audit requirements. You will take a leading role in supporting the senior executive team with the creation of the annual budget and manage the ongoing business forecast. You will oversee and manage the production of our month end financial statements including the P&L, accruals and balance sheet reconciliations and prepare our month end business review pack for our ownership meeting.

A strong commercial acumen will be required along with the ability to advise and sometimes challenge senior directors on the financial impacts of strategic plans and ad-hoc projects; through to the implementation of cost saving exercises to maximise profits. This will require you to have a solid understanding of operational/capex budgets and business plans to coach and guide managers in accordance with budget guidelines.

In addition to month end, you will also support the senior team with the production of statistics and financial reports to support decision making across the business. You will also support the operation with the management of permits, insurances, licences and contracts to ensure they do not lapse and the business remains compliant.

This is not a 'Standard' Director of Finance position so you will need to have miles and miles of personality and stamina, be highly social, upbeat and friendly; confident and able to handle pressure well; thrive in a high volume, high energy environment and able to work equally well both independently and as part of a team.

Qualifications

  • A minimum of 5+ years' experience as a Director of Finance, Finance Manager/Controller gained within a similar Lifestyle Hotel or large 4- or 5-star Hotel in London or the UK is essential for this role.
  • A minimum of 5 years prior experience as a Director of Finance or Financial Controller is essential and should have been ideally gained in a large 5 star 'Lifestyle' property or wider hospitality business.
  • Solid understanding of all accounting principles and prior experience of month end processes / production of month end accounts, forecasting, budgeting, and statutory reporting responsibilities.
  • Prior experience of presenting month end results to ownership and corporate teams.
  • Be well versed in UK legal requirements including VAT, taxation, social security, business reporting to HMRC and insurance.
  • Ideally hold formal accounting qualification or certified designation CIMA or ACCA equivalent.
  • Have previously managed the full end to end budgeting process with excellent commercial acumen and business planning combined with a touch of creative 'blue sky' thinking to support bespoke projects and activities that deliver true ROI.
  • Strong organisational skills, and the ability to work within tight deadlines both individually and managing a wider team.
  • Have wider Hotel operational knowledge in order to support and guide HODs and divisional specialists with financial support relating to their area.
  • Have exceptional written/numerical skills and be proficient in the use of accounting and payroll software including Hyperion, iScala, ARCS, Opera PMS, Birchstreet, Fourth Payroll.
  • Candidates should have advanced skills in Excel.
  • Fluency in English is essential for this role.
  • All applicants must be eligible to live and work in the UK. Documented evidence of eligibility will be required from candidates.

Director of Finance in City of Westminster employer: Hyatt Corporation

At The Standard, London, we pride ourselves on being an exceptional employer that fosters a vibrant and dynamic work culture. As our Director of Finance, you will not only lead a dedicated finance team but also enjoy ample opportunities for professional growth in a high-energy environment. With a focus on collaboration and innovation, we offer competitive benefits and a unique chance to make a significant impact within the hospitality industry.
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Contact Detail:

Hyatt Corporation Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Director of Finance in City of Westminster

✨Tip Number 1

Network like a pro! Get out there and connect with people in the finance and hospitality sectors. Attend industry events, join relevant online groups, and don’t be shy about reaching out to potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for those interviews by brushing up on your financial knowledge and understanding of the hospitality industry. Be ready to discuss how you can bring your commercial acumen to the table and support strategic plans. Practice common interview questions and think about how your experience aligns with the role.

✨Tip Number 3

Show off your personality! The job description mentions needing 'miles and miles of personality', so let that shine through in your interactions. Be upbeat, friendly, and confident during interviews. Remember, they’re looking for someone who can thrive in a high-energy environment!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at The Standard, London. Let’s make this happen together!

We think you need these skills to ace Director of Finance in City of Westminster

Financial Management
Budgeting
Forecasting
Statutory Reporting
Accounting Principles
Commercial Acumen
Team Leadership
Organisational Skills
Presentation Skills
UK Legal Requirements (VAT, Taxation)
Accounting Software Proficiency (Hyperion, iScala, ARCS, Opera PMS, Birchstreet, Fourth Payroll)
Advanced Excel Skills
Problem-Solving Skills
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the specific skills and experiences mentioned in the job description. Highlight your previous roles in finance, especially in hospitality, and showcase how you've successfully managed budgets and financial reporting.

Craft a Compelling Cover Letter: Your cover letter is your chance to show us your personality! Share why you're excited about this role and how your experience aligns with our needs. Don't forget to mention your ability to thrive in high-energy environments!

Showcase Your Achievements: When detailing your past roles, focus on quantifiable achievements. Did you implement a cost-saving initiative? How did you improve financial processes? Numbers speak volumes, so let them shine!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us during the process!

How to prepare for a job interview at Hyatt Corporation

✨Know Your Numbers

As a Director of Finance, you’ll need to be on top of your financial game. Brush up on key financial metrics and be ready to discuss how you've managed budgets and forecasts in the past. Prepare specific examples that showcase your commercial acumen and ability to drive profitability.

✨Understand the Business

Familiarise yourself with the hospitality industry, especially the unique challenges faced by lifestyle hotels. Research the company’s financial performance and any recent news. This will help you demonstrate your understanding of their operational needs and how you can contribute to their success.

✨Showcase Your Leadership Skills

You’ll be leading a finance team, so be prepared to discuss your approach to training and developing others. Share examples of how you’ve successfully guided teams through financial processes or audits, and how you’ve fostered a culture of compliance and excellence.

✨Be Ready for Scenario Questions

Expect questions that assess your problem-solving skills and ability to handle pressure. Think about scenarios where you had to challenge senior directors or implement cost-saving measures. Prepare to explain your thought process and the outcomes of those situations.

Director of Finance in City of Westminster
Hyatt Corporation
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  • Director of Finance in City of Westminster

    City of Westminster
    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-11-15

  • H

    Hyatt Corporation

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