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- Tasks: Lead financial planning for exciting new wellness projects in the hospitality sector.
- Company: Join a dynamic startup with strong backing and ambitious growth plans.
- Benefits: Competitive salary, career advancement, and the chance to shape a new business.
- Why this job: Be the first finance hire and work directly with the founder on innovative projects.
- Qualifications: 5-8 years in finance, strong analytical skills, and a passion for hospitality.
- Other info: Opportunity for travel and involvement in launching the first location in the UAE.
The predicted salary is between 80000 - 100000 £ per year.
Join a newly incorporated Wellness/Hospitality business! First Finance hire, working directly with the Founder!
About Our Client
This opportunity is with a new company in the Wellness/Hospitality industry who are in the process of developing and launching their first location in the UAE! They have strong financial backing, established advisors and consultancy support, and have ambitious growth targets over the next several years!
Job Description
- Project Planning & Feasibility
- Lead the development of detailed financial models for new projects, including cost estimates, revenue projections, ROI, NPV, IRR, and sensitivity analyses.
- Conduct comprehensive feasibility studies and prepare financial due-diligence reports.
- Support leadership in business case development, risk assessment, and capital allocation decisions.
- Collaborate with project, operations, and strategy teams to align financial plans with operational assumptions.
- Budgeting & Forecasting
- Prepare project budgets, cash-flow forecasts, and funding requirements.
- Establish financial KPIs and project milestones with clear measurement metrics.
- Monitor variances and recommend corrective actions to ensure alignment with approved budgets.
- Work with procurement, contracts, and operations to ensure accurate costing and allocation.
- Financial Control & Monitoring
- Oversee financial operations of active projects, ensuring adherence to budgets, timelines, and compliance standards.
- Track and report project expenditures, revenue recognition, and cost-control measures.
- Implement robust financial controls to mitigate risks and prevent cost overruns.
- Conduct periodic performance reviews and provide management with variance analyses and action plans.
- Reporting & Compliance
- Prepare regular project finance reports for senior management, investors, and stakeholders.
- Develop and implement processes and controls, ensuring compliance with regulatory and audit requirements.
- Work with external auditors, consultants, and financial institutions as required.
- Maintain documentation and project financial records in accordance with company policies.
- Stakeholder Management
- Liaise with internal stakeholders including operations, engineering, procurement, and executive teams.
- Coordinate with banks and financial institutions for funding, guarantees, and project-related financial transactions.
- Support investor relations by providing financial insights and project status updates.
The Successful Applicant
- Bachelor's degree in Finance, Accounting, or related field; MBA/CPA/CFA preferred.
- Minimum 5-8 years of experience in project finance, corporate finance, or financial planning & analysis.
- Strong proficiency in financial modeling, Excel, and ERP systems.
- Solid understanding of project costing, capital projects, and financial control frameworks.
- Excellent analytical, communication, and presentation skills.
- Ability to handle multiple projects in a fast-paced environment with strong attention to detail.
- BONUS: experience in Hospitality sector, new location openings, scale up businesses, partnering with Founders, etc.
NOTE: SOME TRAVEL REQUIRED - first location to open in the UAE
What's on Offer
Competitive salary ranging from £80,000 - 100,000. This is a fantastic opportunity for a Finance Manager to take the next step in their career within the Hospitality sector. If you meet the requirements, we encourage you to apply today!
Senior Finance Manager - Hospitality in City of Westminster employer: Michael Page (UK)
Contact Detail:
Michael Page (UK) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Finance Manager - Hospitality in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to people in the hospitality and finance sectors on LinkedIn. A friendly message can go a long way, and you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by researching the company and its founders. Show them you’re genuinely interested in their vision for the new wellness/hospitality business. Tailor your answers to reflect how your skills align with their ambitious growth targets.
✨Tip Number 3
Practice your financial modelling skills! Be ready to discuss your experience with cost estimates, revenue projections, and ROI calculations. This will demonstrate your expertise and readiness to take on the Senior Finance Manager role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Senior Finance Manager - Hospitality in City of Westminster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Finance Manager role. Highlight your experience in project finance and any relevant skills that match the job description. We want to see how your background aligns with our exciting new venture!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the hospitality industry and how your financial expertise can contribute to our ambitious growth targets. Let us know why you’re the perfect fit for this role!
Showcase Relevant Experience: When detailing your work history, focus on experiences that relate to budgeting, forecasting, and financial control. We’re looking for someone who can hit the ground running, so make sure we see your relevant achievements clearly!
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. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at Michael Page (UK)
✨Know Your Numbers
As a Senior Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics like ROI, NPV, and IRR. Be ready to discuss how you've applied these in past projects, especially in the hospitality sector.
✨Showcase Your Project Experience
Prepare to talk about specific projects you've managed, focusing on budgeting, forecasting, and financial control. Highlight any experience with new location openings or working closely with founders, as this will resonate well with the company's needs.
✨Understand the Business
Research the wellness and hospitality industry trends, particularly in the UAE. Being knowledgeable about the market will help you align your financial strategies with the company's ambitious growth targets and show that you're genuinely interested in their mission.
✨Engage with Stakeholders
Since stakeholder management is crucial for this role, think of examples where you've successfully liaised with different teams or external partners. Prepare to discuss how you can support investor relations and provide valuable financial insights to various stakeholders.
