At a Glance
- Tasks: Assist in managing hotel finances, including invoicing and reconciliations.
- Company: Join the iconic Mount Royal Hotel Edinburgh, located in the heart of Scotland's capital.
- Benefits: Enjoy a vibrant work environment with opportunities for growth and learning.
- Why this job: Be part of a dynamic team that values diversity and offers a unique experience in hospitality.
- Qualifications: Ideal candidates should have bookkeeping knowledge and be studying or completed a relevant qualification.
- Other info: Located near major landmarks, this role offers a chance to thrive in a bustling city.
The predicted salary is between 30000 - 42000 £ per year.
Mount Royal Hotel Edinburgh is seeking a Hotel Accounts Assistant on a 12 month fixed term basis to play a key role in coordinating the financial relationship between the Management Company Finance, the Hotel General Manager and the Hotel Departments. You will report to the Hotel General Manager (HGM) supporting/working towards supporting the Hotel General Manager and Management Company Finance team in all aspects of Property accounting, ensuring timely and accurate submissions of information and helping to uphold a high standard of internal control and compliance.
As Hotel Accounts Assistant you will be responsible for:
- Ensuring Sales Invoices and Credit Notes are raised and posted
- Balancing and reconcile groups accounts post departure and handling all commissions invoices due for payment
- Monitoring Accounts Receivable (AR) balances, email correspondence and weekly updates to the HGM
- Coordinating Purchase invoices and reconciliation of delivery notes to invoices received and purchase orders
- Processes commission invoices from Travel Agents
- Cash Management (petty cash) including banking and compliance of cash records (if applicable)
- Reconciling receipt accounts including cash, credit card and BACS to the respective PMS system.
- Providing month end deliverables to the Finance stakeholders in accordance with agreed timetable, including revenue income Journal and aged receivables reports, bank reconciliation and supporting files.
- Assisting the Finance Stakeholders in the preparation and detailed analysis of monthly, quarterly and annual results
- Preparing accruals and bad debt provisions
- Ensuring Daily income audit and property management flash reporting is actioned correctly and given daily
- Managing and review monthly fixed contract schedule against Invoices, payments and scheduled renewals
To be successful in the role of Hotel Accounts Assistant we require:
- In-depth knowledge in a similar bookkeeping role, ideally within the hotel sector (desirable)
- Completed or studying for a bookkeeping qualification such as AAT or other equivalent qualification (required)
- Knowledge of hotel property management systems (desirable)
- Pro-Active problem-solving skills with the ability to work under pressure and be able to stick to strict deadlines
- Organisational skills, attention to detail and the ability to prioritise
- Fluent in written and spoken English
At The Ascott Limited, we embrace diversity, equity, and inclusion, welcoming applicants of all backgrounds to create a supportive and thriving workplace where everyone can contribute their unique perspectives.
Hotel Accounts Assistant employer: Mount Royal Hotel Edinburgh
Contact Detail:
Mount Royal Hotel Edinburgh Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Hotel Accounts Assistant
✨Tip Number 1
Familiarise yourself with hotel property management systems, as this knowledge is highly desirable for the role. Consider reaching out to current or former employees on LinkedIn to gain insights into the specific systems used at Mount Royal Hotel Edinburgh.
✨Tip Number 2
Brush up on your bookkeeping skills and ensure you understand the key financial processes mentioned in the job description. You might even want to prepare some examples of how you've successfully managed similar tasks in previous roles.
✨Tip Number 3
Demonstrate your problem-solving abilities by preparing a few scenarios where you effectively handled financial discrepancies or tight deadlines. This will show your proactive approach and ability to work under pressure, which is crucial for this position.
✨Tip Number 4
Network within the hospitality industry, especially with professionals who have experience in hotel finance. Attend local events or join relevant online forums to connect with others and learn more about the expectations for a Hotel Accounts Assistant.
We think you need these skills to ace Hotel Accounts Assistant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in bookkeeping, particularly within the hotel sector. Emphasise any qualifications like AAT and showcase your organisational skills and attention to detail.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities of the Hotel Accounts Assistant role. Mention your problem-solving skills and ability to work under pressure, as these are key for the position.
Highlight Relevant Skills: In your application, clearly outline your knowledge of hotel property management systems and your experience with accounts receivable and cash management. This will demonstrate your suitability for the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your written English is fluent and professional, as this is crucial for the role.
How to prepare for a job interview at Mount Royal Hotel Edinburgh
✨Showcase Your Bookkeeping Knowledge
Make sure to highlight your experience in bookkeeping, especially if you have worked in the hotel sector. Be prepared to discuss specific tasks you've handled, such as managing accounts receivable or processing invoices.
✨Demonstrate Problem-Solving Skills
Prepare examples of how you've tackled challenges in previous roles. The interviewers will be looking for your ability to think on your feet and resolve issues under pressure, so have a few scenarios ready to share.
✨Familiarise Yourself with Hotel Management Systems
If you have experience with hotel property management systems, be sure to mention it. If not, do some research on common systems used in the industry, as this knowledge can set you apart from other candidates.
✨Emphasise Attention to Detail
In a role that involves financial coordination, attention to detail is crucial. Be ready to discuss how you ensure accuracy in your work, whether it's through double-checking figures or maintaining organised records.