At a Glance
- Tasks: Process invoices and payments, maintain financial records, and support month-end reporting.
- Company: Join the prestigious Mandarin Oriental Mayfair in London’s vibrant hospitality scene.
- Benefits: Enjoy competitive pay, wellness programmes, and generous holiday entitlement up to 33 days.
- Other info: Diversity and inclusion are at our core; everyone is valued and respected.
- Why this job: Be part of a dynamic finance team in a luxury hotel environment with growth opportunities.
- Qualifications: Experience in hospitality finance and proficiency in accounting systems required.
The predicted salary is between 30000 - 40000 £ per year.
Mandarin Oriental Mayfair is looking for an Accounts Payable to join our Finance team.
About the Role
Based at Mandarin Oriental Mayfair, London within the Finance Department, the Accounts Payable colleague works closely with the Finance Supervisor and Management Accountant to support the implementation and maintenance of effective internal control systems across income, expenditure, assets, and liabilities for both the hotel and residences. The Accounts Payable colleague reports directly to the Director of Finance.
Responsibilities
- Ensure accurate and timely processing of invoices and payments for suppliers.
- Receive and process invoices within the Hotel system accurately and efficiently.
- Reconcile statements and supplier accounts on a monthly basis.
- Verify that all invoices have full supporting backup such as purchase orders, delivery notes, authorisation, etc., before payment.
- Maintain tidy and efficient filing system of all invoices, payments, and reports.
- Maintain accurate and up-to-date record/log of invoices.
- Complete all month-end journals and accruals within required deadlines.
- Perform VAT reconciliations after month end.
- Assist in providing relevant month-end/year-end information within required deadlines.
- Deal efficiently with all telephone queries to and from suppliers.
Qualifications
Ideal candidate will have experience working within the hotel industry, strong understanding of hospitality finance operations, and proven ability to thrive in a fast-paced Accounts Payable environment. Proficiency in accounting systems is required; experience using SUN Systems is an advantage.
Benefits and Commitment
- Learning & Development programmes tailored to career stages.
- MOstay programme: complimentary nights and attractive rates on rooms for employees and loved ones.
- Health and colleague wellness programmes available globally.
- Retirement plans based on length of service and role.
- One paid Charity Day per year.
- Increased holiday entitlement with length of service, up to 33 days off.
- Access to Hospitality Action’s Employee Assistance Programme.
Diversity & Inclusion
All colleagues, regardless of ethnicity, gender, age, sexual orientation, disability, background or religion, should be treated fairly and with respect, be given equal opportunities, and be valued for the contributions they make in their roles. No bullying, intimidation, discrimination or harassment of others will be tolerated.
Eligibility to Work in the UK
All candidates applying for this role must have the right to work and live in the UK. Documented evidence of eligibility will be required.
Accounts Payable employer: Mandarin Oriental
Mandarin Oriental Mayfair is an exceptional employer, offering a vibrant work culture that prioritises employee growth and well-being. With tailored learning and development programmes, generous holiday entitlements, and unique benefits like the MOstay programme for discounted stays, employees are supported in both their professional and personal lives. Located in the heart of London, this role within the Finance team not only provides a dynamic environment but also fosters a commitment to diversity and inclusion, making it a truly rewarding place to work.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Payable
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Mandarin Oriental. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Accounts Payable
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Mandarin Oriental.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Mandarin Oriental's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Mandarin Oriental
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Mandarin Oriental.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Mandarin Oriental will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Mandarin Oriental employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
