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- Tasks: Lead finance functions for a dynamic hotel group, ensuring timely management accounts and reconciliations.
- Company: Join a vibrant hotel group with multiple properties and a focus on exceptional guest experiences.
- Benefits: Enjoy a competitive salary, 28 days holiday, discounts, free parking, and meals on duty.
- Why this job: Be part of a hands-on role that shapes financial strategy in a thriving hospitality environment.
- Qualifications: Ideal candidates are qualified or part-qualified in finance, with strong communication and analytical skills.
- Other info: Occasional travel to Reading required; experience in hotel finance is a plus.
The predicted salary is between 48000 - 72000 £ per year.
We have a fantastic opportunity for a Group Finance Manager to join this hotel group. The position will be based in Solihull with occasional travel to Reading, approximately 1 to 2 days a week.
The Role - As Group Finance Manager, you will manage all finance functions across both properties, ensuring that management accounts, balance sheet reconciliations, and month-end are completed in a timely and effective manner. Working with the company directors, you will implement strong financial procedures ensuring all legislation is adhered to. This is a hands-on role that requires detailed analytical and technical knowledge.
Key duties:- Full control of the month-end process
- Produce monthly management accounts
- Monthly cashflow and Bank MI
- Conduct monthly balance sheet reviews and reconciliations
- Monthly bank, credit card, and cash reconciliations
- Quarterly VAT Returns, including accounting for VAT on deposits and revenue adjustments
- Accounts receivable and accounts payable
- 3 month rolling forecasts
- Capital and asset management
The candidate will ideally be qualified or part qualified, although qualified by experience will be considered. We are looking for a person who leads by example, has excellent communication skills, is commercially astute, articulate, dynamic, insightful, influential, problem-solving, and able to work on their own initiative. You must be organised, logical, and have a systematic approach. You must be able to communicate at all levels and to those with limited or non-financial backgrounds.
Knowledge and Skills:- Management accounts including prepayments and accruals
- Understand Balance sheet and balance sheet reconciliations
- Annual financial audit
- VAT Returns
- Budgets and Forecasting
- Cashflow management
- Bank Reconciliation
- Nominal ledger management
- Accounts payable and receivable
- Capital and assessment management
- Good Microsoft Excel knowledge, including pivot tables
- Opera PMS and Sales & Catering - Desirable
- HotSoft PMS - Desirable
- Sage Line 50 - Essential
- Paperless Software (OCR technology) - Desirable
- Microsoft Excel - Essential
- Fourth Hospitality - Desirable
Salary: £60,000.00 per annum
28 days holiday per annum including 8 bank holidays
Discount across the group
Meal on duty
Free Parking
Place of work - You will be based in Solihull; however, some travel to Reading will be required.
Management 3 years (Desirable)
Management in hotel finance 3 years (Desirable)
Qualified or working towards ACCA/CIMA (Desirable)
Group Finance Manager employer: K.B.C. Associates Ltd
Contact Detail:
K.B.C. Associates Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Finance Manager
✨Tip Number 1
Network with professionals in the hotel finance sector. Attend industry events or join relevant online forums to connect with current Group Finance Managers or those in similar roles. This can provide you with insights into the company culture and expectations.
✨Tip Number 2
Familiarise yourself with the specific financial software mentioned in the job description, such as Sage Line 50 and Opera PMS. Consider taking online courses or tutorials to enhance your skills, which will demonstrate your commitment and readiness for the role.
✨Tip Number 3
Prepare to discuss your experience with management accounts and balance sheet reconciliations in detail during interviews. Be ready to provide examples of how you've successfully managed these processes in previous roles, showcasing your analytical and technical knowledge.
✨Tip Number 4
Research the hotel group thoroughly, including their financial performance and recent news. Understanding their business model and challenges will allow you to tailor your discussions and show how you can contribute to their financial success.
We think you need these skills to ace Group Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance management, particularly in the hotel industry. Emphasise your skills in producing management accounts, balance sheet reconciliations, and cash flow management.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention specific experiences that demonstrate your analytical skills and ability to implement financial procedures effectively.
Highlight Relevant Qualifications: Clearly state your qualifications, especially if you are ACCA or CIMA qualified or working towards these. If you have experience with systems like Sage Line 50 or Microsoft Excel, make sure to include this as well.
Showcase Leadership Skills: Since the role requires someone who leads by example, provide examples of past leadership experiences. Discuss how you've influenced teams or improved processes in previous roles.
How to prepare for a job interview at K.B.C. Associates Ltd
✨Know Your Numbers
As a Group Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be prepared to discuss how you've managed accounts, reconciliations, and forecasts in previous roles.
✨Showcase Your Leadership Skills
This role requires someone who leads by example. Be ready to share examples of how you've motivated teams, implemented financial procedures, and influenced decision-making in your past positions.
✨Communicate Clearly
You'll be working with directors and staff from various backgrounds. Practice explaining complex financial concepts in simple terms, as this will show your ability to communicate effectively across all levels.
✨Familiarise Yourself with Relevant Software
Knowledge of systems like Sage Line 50 and Microsoft Excel is essential. If you have experience with these or similar software, be sure to mention it during the interview, as it will demonstrate your technical proficiency.
