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For Companies At a Glance
- Tasks: Lead financial strategy and empower teams to drive sustainable growth in hospitality.
- Company: Join a forward-thinking company redefining sustainable hospitality in London.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Make a real impact on financial leadership while promoting sustainability.
- Qualifications: 5+ years of strategic financial leadership experience in hospitality.
- Other info: Opportunity to coach and develop a passionate finance team.
The predicted salary is between 48000 - 72000 £ per year.
Overview
As the Head of Finance, you provide the financial leadership that fuels our mission to redefine sustainable hospitality. You aren't just managing the books; you are the primary guardian of a financial framework built on integrity, transparency and sustainable profitability. By leading with a strategic head and a partnership-focused heart, you will empower business leaders across the group to remove financial friction and make data-driven decisions. You are a trusted partner across the senior leadership team, ensuring our ambitious growth is backed by robust governance and insightful analysis. Ultimately, you ensure that our financial success is a tool for creating long-term value for our cares.
Responsibilities
- Strategic Leadership & Financial Partnership
- Provide strategic financial leadership across the group to achieve our long-term objectives and drive business growth.
- Act as a trusted partner to the executive team and business leaders, providing insightful analysis and recommendations for key decisions.
- Build strategic partnerships with General Managers, Heads of Departments and Directors using data-driven insights to meet group budgets.
- Lead the annual budgeting process and provide commercial analysis of business units to drive top and bottom-line growth.
- Financial Operations & Reporting Excellence
- Oversee the management of day-to-day finance team operations, ensuring timely and accurate month-end close.
- Review month-end processes including balance sheet and intercompany reconciliations and assist the team in query resolution.
- Ensure production of monthly and quarterly financial decks for Directors, covering P&L, BS and Cashflow at property, company and consolidated levels.
- Oversee and develop detailed cashflow reporting and prepare financial reports for the Board.
- Maintain compliance with banking covenant reporting and oversee the validation of all HMRC filings including VAT and PAYE.
- Governance, Risk and Efficiency
- Establish and oversee the group's financial framework, ensuring strong governance, compliance and performance management.
- Act as the point of reference and standard bearer for all accounting guidance and treatment.
- Constantly review and recommend cost-saving measures and effective control environments for accurate reporting.
- Identify automations and efficiencies within the department to streamline processes and reduce manual tasks.
- Manage the annual audit process and maintain a proactive relationship with external auditors.
- Development & Project Support
- Coach and train the finance team, empowering their growth through personal development plans (PDPs) and clear objectives.
- Build department resilience by creating SOPs on best practices and ensuring adequate coverage for operational finance.
- Partner with the property development team to ensure accurate and reconciled development reporting.
What are we looking for?
Experience
- Proven track record of strategic financial leadership in Hotels/Hospitality.
- 5+ Years PQE.
- Demonstrated success in leading annual audits and managing complex stakeholder relationships.
Skills and Knowledge & Qualities
- Expertise in financial planning (FP&A), cashflow management and consolidated reporting.
- Deep understanding of HMRC compliance, tax filings and banking covenants.
- Strategic analytical skills to interpret data and provide commercial recommendations that drive growth.
- Inspirational leader with the ability to coach a team and foster a culture of ownership and development.
Head of Finance - London employer: room2
Contact Detail:
room2 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Finance - London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend finance events, and join relevant groups. The more people you know, the better your chances of landing that Head of Finance role.
✨Tip Number 2
Showcase your expertise! Prepare to discuss your strategic financial leadership experience in detail during interviews. Use specific examples from your past roles to demonstrate how you've driven growth and improved financial operations.
✨Tip Number 3
Be ready for those tricky questions! Brush up on your knowledge of HMRC compliance and banking covenants. You want to show that you’re not just a numbers person but also a strategic thinker who can navigate complex financial landscapes.
✨Tip Number 4
Apply through our website! We love seeing candidates who are genuinely interested in our mission. Tailor your application to highlight how your values align with ours in sustainable hospitality.
We think you need these skills to ace Head of Finance - London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Head of Finance role. Highlight your strategic financial leadership experience and any relevant achievements in the hospitality sector. We want to see how you can bring value to our mission!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your passion for sustainable hospitality and how your skills align with our goals. Be genuine and let us know why you’re excited about this opportunity.
Showcase Your Analytical Skills: In your application, don’t forget to mention specific examples where your analytical skills made a difference. Whether it’s improving cashflow management or leading successful audits, we love seeing data-driven success stories!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at room2
✨Know Your Numbers
As the Head of Finance, you'll need to demonstrate a solid grasp of financial metrics. Brush up on key performance indicators relevant to the hospitality industry, such as RevPAR and GOPPAR. Be ready to discuss how you've used these metrics to drive strategic decisions in your previous roles.
✨Showcase Your Leadership Style
This role requires an inspirational leader who can coach and develop a team. Prepare examples of how you've empowered your finance team in the past. Think about specific instances where your leadership made a tangible difference in team performance or morale.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and strategic thinking. Prepare for scenarios related to financial governance, risk management, and compliance. Think through how you would handle potential challenges, like managing stakeholder relationships during an audit.
✨Align with Their Values
The company is focused on sustainable hospitality, so be sure to align your answers with their mission. Share your thoughts on how financial success can contribute to long-term value creation and sustainability. This will show that you're not just about the numbers, but also about the bigger picture.