At a Glance
- Tasks: Lead finance for a growing hospitality group, ensuring financial control and strategic planning.
- Company: MJMK Restaurants, a dynamic multi-site hospitality business in London.
- Benefits: Competitive salary, hands-on leadership role, and opportunity to shape financial strategy.
- Other info: Fast-paced environment with opportunities for professional growth and development.
- Why this job: Join a passionate team and make a real impact on the growth of exciting new openings.
- Qualifications: Proven experience as a Finance Director in hospitality, strong financial modelling skills.
The predicted salary is between 80000 - 100000 £ per year.
We are looking for a Group Finance Director to join us full-time, based in our London office. This is a hands-on, senior leadership role working closely with the founders and wider team. Due to the nature of the role and the need to be embedded with the team and the founders, this is an in-office position with no set WFH arrangement.
KEY RESPONSIBILITIES
- Leadership and team
- Lead and develop the finance function, mentoring the team and building capability as the business scales.
- Embed strong processes, controls and ways of working across the finance team.
- Financial control and reporting
- Maintain tight financial control across the business, ensuring all cash movements are accurately tracked, reconciled and understood.
- Ensure robust and accurate monthly reporting, with full ownership of P&L, balance sheet and cashflow, and all key accounts fully reconciled.
- Lead the year-end process and manage auditors, statutory accounts and compliance.
- Oversee tax, VAT and HMRC compliance, including hospitality-specific considerations.
- Planning, strategy and stakeholders
- Partner closely with the founders on cashflow, liquidity planning and overall financial strategy.
- Own and refine forward-looking financial models, supporting decision-making across the group and new openings.
- Lead board and investor reporting, including building and presenting complex financial models, forecasts and performance updates to investors and lenders.
- Manage banking relationships, debt facilities and covenant reporting.
- Commercial finance and FP&A
- Lead the group’s FP&A function, owning budgeting, forecasting and reforecasting cycles across all sites and central costs.
- Translate financial data into clear, actionable insight to support decision-making across operations, marketing and openings.
- Develop and track key KPIs, driving accountability across the business.
- Support pricing, menu engineering and revenue optimisation through detailed analysis.
- Provide scenario analysis on new sites, investments and strategic initiatives.
- Drive cost control at a granular level, working closely with site teams, Heads of Department and the Head of Commercial to identify opportunities and deliver ongoing cost savings across the business.
- Commercial and operational support
- Partner with Heads of Department to drive profitability, cost control and operational efficiency.
- Drive site-level performance through margin analysis, labour optimisation, TRONC oversight and KPI tracking.
- Oversee key supplier contracts and support procurement initiatives to drive savings and consistency.
- Work with the leadership team on commercial decision-making, including site selection, lease negotiations and investment cases.
- Growth and systems
- Oversee CAPEX planning and tracking for new openings, alongside tight control of pre-opening OPEX.
- Support a pipeline of new openings in a capital-intensive, fast-moving environment.
- Own and improve financial systems, controls and reporting processes as the business grows.
- Support and oversee the finance and operational tech stack, including systems such as Xero, Tenzo, MarketMan, Toast, ApprovalMax and Sona, ensuring data integrity, integration and reporting consistency across the business.
KEY REQUIREMENTS
- Proven experience as a Finance Director within a multi-site hospitality or consumer-facing business.
- Strong track record building complex financial models, cashflow forecasts and long-term plans.
- Experience presenting financial performance, forecasts and models to investors, lenders and boards.
- Experience managing lender relationships, debt structures and covenants.
- Strong commercial finance and FP&A capability, with experience running budgeting and forecasting cycles.
- Commercially minded, able to translate financial data into clear, actionable insight.
- Hands-on leadership style, comfortable operating both strategically and in the detail.
- Experience supporting new openings, CAPEX-heavy growth and scaling businesses.
- Strong understanding of hospitality metrics, labour models and operational drivers.
- Experience with finance and general operational systems.
Group Finance Director - Lead Multi-Site Hospitality Growth in London employer: MJMK Restaurants
MJMK Restaurants is an exceptional employer, offering a dynamic work environment in the heart of London where you can play a pivotal role in shaping the financial strategy of a growing multi-site hospitality business. With a strong emphasis on employee development and mentorship, we foster a collaborative culture that encourages innovation and accountability, while providing opportunities for meaningful contributions to our expansion plans. Join us to be part of a passionate team dedicated to delivering outstanding experiences in the hospitality sector.
StudySmarter Expert Advice🤫
We think this is how you could land Group Finance Director - Lead Multi-Site Hospitality Growth in London
✨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 MJMK Restaurants. 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 Group Finance Director - Lead Multi-Site Hospitality Growth in London
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 MJMK Restaurants.
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 MJMK Restaurants'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 MJMK Restaurants
✨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 MJMK Restaurants.
✨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 MJMK Restaurants 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 MJMK Restaurants 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.
