At a Glance
- Tasks: Manage financial processes, oversee reporting, and collaborate with departments for operational efficiency.
- Company: Join a dynamic hotel company focused on exceptional guest experiences and growth.
- Benefits: Enjoy up to 50% off stays at IHG hotels, mileage reimbursement, and flexible working options.
- Why this job: Be part of a vibrant team, drive financial success, and make a real impact in the hospitality industry.
- Qualifications: Experience in hotel finance, self-accounting, and strong analytical skills are essential.
- Other info: Potential for hybrid work and flexi-time arrangements available.
The predicted salary is between 36000 - 60000 £ per year.
Our client is a dynamic and growing hotel company that takes pride in delivering exceptional guest experiences. They are seeking a highly skilled Hotel Finance Manager to join their team at the office. The ideal candidate will possess hands-on experience in self-accounting, a deep understanding of hotel operations, and a proven ability to drive financial control and operational effectiveness.
Are you the right person for the job?
- Proven experience as a finance lead in a hotel environment
- Must have experience in self-accounting and financial reporting
- In-depth knowledge of hotel operations, including a strong understanding of food and beverage operations, supply chain management and cost control
- Significant experience with payroll control and labour cost management, with a focus on operational efficiency
- Expertise in supplier negotiations and managing vendor relationships
- Proficiency in OPERA PMS and SAGE, accounting systems, and Microsoft Excel
- Strong analytical, organisational, and time-management skills
- Excellent communication skills, both written and verbal
- Ability to work independently and maintain self-discipline
- Detail-oriented and committed to maintaining the highest level of accuracy in financial reporting
- Ability to influence effectively across all departments within a hotel, but also at peer to peer and key stakeholders' level
- A full UK driving license is preferable
What will your role look like?
- Oversee all financial accounting processes for the hotel, ensuring accurate, timely, and comprehensive financial reporting
- Manage and process all financial transactions, including revenue recognition, accounts payable/receivable, bank reconciliations, and month-end close procedures
- Maintain strict control over payroll management, including monitoring labour costs, payroll forecasting, and ensuring compliance with all relevant laws and company policies.
- Work closely with department heads to improve financial performance and ensure operational efficiency across all departments, especially food and beverage
- Lead negotiations with suppliers to ensure favourable terms, pricing, and service agreements, while also maintaining strong relationships with key vendors
- Collaborate with the executive team to prepare annual budgets, financial forecasts, and business plans
- Monitor performance against budget and implement corrective actions as necessary
- Establish and maintain financial controls and reporting procedures to safeguard assets and ensure compliance with internal policies and external regulations
- Provide regular financial analysis and actionable insights to support decision-making by senior management
- Cross-Department Collaboration: Work closely with operational teams to drive cost control initiatives, optimise financial performance, and support profitability
What can you expect in return?
- Up to 50% off stays at IHG hotels worldwide, including: Holiday Inn, Holiday Inn Express, Hotel Indigo, InterContinental, Regent, and Kimpton
- Mileage reimbursement for travel to hotels
- 20 days of annual leave plus bank holidays
- A discretionary bonus structure to be discussed with the successful candidate
- Potential for hybrid work
- Potential for flexi-time arrangement
What’s next? It’s easy! Click “APPLY” now! We can’t wait to hear from you!
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Hotel Finance Manager in Harrow employer: Talent Finder
Contact Detail:
Talent Finder Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Hotel Finance Manager in Harrow
✨Tip Number 1
Familiarise yourself with the specific financial software mentioned in the job description, such as OPERA PMS and SAGE. Having hands-on experience or even completing online tutorials can give you a significant edge during interviews.
✨Tip Number 2
Network with professionals in the hotel finance sector. Attend industry events or join relevant online forums to connect with others who may provide insights or even referrals for the position.
✨Tip Number 3
Prepare to discuss your previous experiences in detail, especially those related to cost control and supplier negotiations. Be ready to share specific examples of how you've improved financial performance in past roles.
✨Tip Number 4
Research the hotel company thoroughly. Understanding their operations, values, and recent developments will help you tailor your conversation and demonstrate your genuine interest in the role during the interview.
We think you need these skills to ace Hotel Finance Manager in Harrow
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in hotel finance management. Emphasise your hands-on experience with self-accounting, financial reporting, and knowledge of hotel operations.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the hotel industry and your ability to drive financial control. Mention specific examples of how you've improved financial performance in previous roles.
Highlight Relevant Skills: In your application, clearly outline your proficiency in OPERA PMS, SAGE, and Microsoft Excel. Also, mention your experience with payroll control, supplier negotiations, and your analytical skills.
Showcase Communication Abilities: Since excellent communication skills are essential for this role, provide examples of how you've effectively influenced decisions across departments or collaborated with senior management in your previous positions.
How to prepare for a job interview at Talent Finder
✨Showcase Your Financial Expertise
Be prepared to discuss your hands-on experience in self-accounting and financial reporting. Highlight specific examples from your previous roles that demonstrate your ability to manage financial processes effectively, especially in a hotel environment.
✨Understand Hotel Operations
Familiarise yourself with the intricacies of hotel operations, particularly in food and beverage management and cost control. Be ready to explain how your knowledge can contribute to improving operational efficiency and financial performance.
✨Demonstrate Strong Analytical Skills
Prepare to showcase your analytical abilities by discussing how you've used data to drive financial decisions in the past. Bring examples of financial analyses you've conducted and how they influenced business outcomes.
✨Communicate Effectively
Since excellent communication skills are crucial for this role, practice articulating your thoughts clearly and confidently. Be ready to discuss how you’ve collaborated with different departments to achieve financial goals and improve overall hotel performance.