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For Companies At a Glance
- Tasks: Lead financial operations for award-winning restaurants and ensure their growth.
- Company: Join MJMK Restaurants, home to Michelin-starred venues and industry accolades.
- Benefits: Enjoy 50% off at all restaurants and enhanced parental leave after one year.
- Why this job: Be part of a dynamic team shaping finance in a thriving hospitality environment.
- Qualifications: Must be a qualified accountant with 5+ years in hospitality finance.
- Other info: Office-based role in London, near Oxford Circus, with a competitive salary.
The predicted salary is between 75000 - 85000 £ per year.
Location: Based 5 days a week in our London office, near Oxford Circus Tube
Position: Full-Time, office based
Salary: £75k to £85k depending on experience
The Role
An opportunity to work with a group of incredible restaurants, two with a Michelin Star, and one in the World’s 50 Best, as well as various other industry awards. As Group Financial Controller you will oversee all financial operations for MJMK Restaurants, ensuring the business continues to thrive, and is ready for growth. Reporting directly to the Finance Director, you’ll play a key role in shaping the finance function to be best-in-class, providing valuable insight across our 7 London locations and support office.
Key Responsibilities
- End-to-end financial ownership for all MJMK restaurants, including owning and maintaining the ledgers to a best in class standard.
- Ownership of all month end processes including AP, cash reconciliations, balance sheet reconciliations and month end journal postings.
- Manage, coach and develop a team of two; Accounts Payable Manager, and Junior Management Accountant.
- Deliver timely and accurate monthly management accounts including P&L, Balance Sheet, Cash flow and Capex spend analysis with supporting insight on variances to Budget.
- Deliver weekly P&Ls and flash reports.
- Maintain weekly cash flow reports and forecasts.
- Manage the annual audit process.
- Own the implementation and ongoing management of a new finance system, ensuring high quality and robust financial information is delivered.
- Delivering financials in compliance with all relevant UK and International accounting standards.
- Develop a thorough understanding of underlying business processes, providing proactive advice on improving them and enhancing profitability.
- Maintain a strong financial control environment with effective finance processes and write and own all Finance SOPs.
- Ensure legal and tax compliance is maintained, including VAT, payroll tax and corporation tax.
- Ownership of support office spend budget and actuals, identifying areas of potential savings.
- Produce the monthly board pack.
What we’re looking for
- Qualified accountant (ACA, ACCA, CIMA, or equivalent) with at least 5 years of finance experience within hospitality.
- Proven track record as a Financial Controller.
- An exceptional attention to detail and first class presentation skills.
- Strong understanding of hospitality and its financial challenges.
- Passion for the restaurant industry and a commercial mindset.
What offer
- 50% discount across all MJMK restaurants.
- Enhanced maternity and paternity pay, after your first year with us.
- Referral bonus.
Group Financial Controller employer: MJMK Restaurants
Contact Detail:
MJMK Restaurants Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Financial Controller
✨Tip Number 1
Network within the hospitality industry, especially with professionals who have experience in financial roles. Attend industry events or join relevant online forums to connect with others who might provide insights or referrals for the Group Financial Controller position.
✨Tip Number 2
Familiarise yourself with the specific financial challenges faced by restaurants, particularly those with Michelin stars. Understanding these nuances will help you demonstrate your expertise and passion for the role during any discussions.
✨Tip Number 3
Prepare to discuss your previous experiences in managing finance teams and implementing financial systems. Highlighting your leadership skills and ability to enhance financial processes will be crucial in showcasing your fit for this role.
✨Tip Number 4
Research MJMK Restaurants thoroughly, including their financial performance and recent developments. Being well-informed about the company will allow you to tailor your conversations and show genuine interest in contributing to their success.
We think you need these skills to ace Group Financial Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly within the hospitality sector. Emphasise your qualifications (ACA, ACCA, CIMA) and any previous roles as a Financial Controller.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the restaurant industry and your understanding of its financial challenges. Mention specific achievements that demonstrate your ability to manage financial operations effectively.
Highlight Leadership Skills: Since the role involves managing a team, be sure to include examples of your leadership experience. Discuss how you've coached or developed team members in previous positions.
Showcase Attention to Detail: Given the importance of accuracy in financial reporting, provide examples of how your attention to detail has positively impacted your previous roles. This could include successful audits or improvements in financial processes.
How to prepare for a job interview at MJMK Restaurants
✨Showcase Your Financial Expertise
As a Group Financial Controller, it's crucial to demonstrate your deep understanding of financial operations. Be prepared to discuss your experience with month-end processes, cash flow management, and financial reporting. Highlight specific examples where you've improved financial performance in previous roles.
✨Understand the Hospitality Sector
Given the role's focus on the restaurant industry, make sure you research current trends and challenges within hospitality finance. Discuss how your knowledge can help the company navigate these challenges and contribute to its growth.
✨Emphasise Leadership Skills
You'll be managing a small team, so it's important to convey your leadership style. Share experiences where you've successfully coached or developed team members, and explain how you plan to foster a positive and productive work environment.
✨Prepare Insightful Questions
At the end of the interview, you'll likely have the chance to ask questions. Prepare thoughtful queries about the company's financial strategies, future growth plans, or the implementation of new finance systems. This shows your genuine interest in the role and the organisation.
