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- Tasks: Prepare management accounts and analyse data to support budgeting and forecasting.
- Company: Join Tudor Hotels Collection, a luxury hotel group with a focus on sustainability.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Dynamic role with opportunities to engage with various hotel departments.
- Why this job: Make a real impact in the hospitality industry while developing your financial skills.
- Qualifications: ACCA or CIMA qualification preferred; experience in leisure and hospitality is essential.
The predicted salary is between 36000 - 60000 £ per year.
The Role: As Management Accountant - Hotels, you will be responsible for the preparation of the management accounts, analysis of data, supporting the budgeting and forecasting processes and overall ensuring accurate financial reporting across the hotels within the group.
Key Responsibilities:
- Prepare weekly and monthly performance reports in a timely manner in line with group guidelines.
- Prepare monthly P&L, balance sheet and cash flow statements that are supported by robust reconciliations for each balance.
- Maintain daily site reporting dashboards, ensuring accuracy and completeness.
- Record and reconcile daily transactions, including revenue and bank statements.
- Prepare and post accruals, prepayments and month end journals.
- Conduct regular financial analysis to identify areas for cost savings and revenue enhancement.
- Provide insights to management on financial performance and recommend options for improvement.
- Develop site specific reports that add value and drive each hotel forwards.
- Maintain accurate fixed asset registers and ensure group Capex and Depreciation policies are adhered to.
- Support the Finance Director and external accountants in the preparation and submission of annual statutory accounts for each hotel.
- With support from the Finance Director, lead the annual budgeting and monthly forecasting processes for each hotel.
- Hold monthly meetings with all department heads and GMs of hotels to review and update expenditure forecasts.
- Prepare weekly cash flow forecasts and maintain suitable cash balances to meet day to day obligations for each hotel.
- Work with the relevant GMs to prepare detailed budgets for events, private hire and other one-off activities.
Skills & Experience:
- A proven track record of delivering results.
- Ability to plan, prioritise and juggle multiple work streams and projects whilst working to strict deadlines.
- Demonstratable cross functional experience.
- Organised, logical with excellent communication skills.
- Ability to constructively challenge.
- Self-motivated.
- Attention to detail and analytical.
- ACCA or CIMA qualification or qualified by experience.
- Leisure and Hospitality experience required.
- Experience of accounting software (Xero preferred).
- Experience with HR and payroll systems (Harri preferred).
- Experience of working with PMS and POS systems (Oracle Opera & Micros preferred).
- Experience of handling and analysing large sources of data.
Hours & Location:
- Full time Primarily Monday to Friday however additional days may be required to meet business needs.
- Hybrid role with attendance at each hotel as a minimum once per week or as required.
Tudor Hotels Collection is committed to carefully developing a sustainable collection of luxury hotels and visitor attractions which respect our core values: Luxury, History, England. Preserving history to create a high social impact and unique legacy everywhere we operate and simultaneously pushing the boundaries of sustainable tourism. Our mission is to truly entertain our guests, not just give them a luxurious place to sleep and the best fine dining, but to give them stories to tell, experiences to remember and knowledge to share. We operate under the brands of; The Bodmin Jail Hotel, The Bodmin Jail Museum, The Redcliffe Hotel and Kents Cavern.
Compensation: Competitive salary
Management Accountant in Paignton employer: THC - Support Function
Contact Detail:
THC - Support Function Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant in Paignton
✨Tip Number 1
Network like a pro! Reach out to your connections in the hospitality and finance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Tudor Hotels Collection and their values. Understand their mission and think about how your skills as a Management Accountant can contribute to their goals. Tailor your responses to show you’re not just a fit for the role, but for the company culture too.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family. Focus on articulating your experience with financial reporting and analysis, especially in the hospitality sector. The more comfortable you are discussing your skills, the better you'll perform in the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the Tudor Hotels Collection team. Let’s get you that Management Accountant role!
We think you need these skills to ace Management Accountant in Paignton
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Management Accountant role. Highlight your experience with financial reporting, budgeting, and analysis, as these are key responsibilities in the job description. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the hospitality industry and how your background makes you a perfect fit for our team. Don’t forget to mention any relevant software experience, like Xero or Oracle Opera.
Showcase Your Achievements: When detailing your past roles, focus on specific achievements that demonstrate your ability to deliver results. Whether it's cost savings or improved reporting processes, we love to see quantifiable successes that show how you can add value to our hotels.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re genuinely interested in joining the Tudor Hotels Collection family!
How to prepare for a job interview at THC - Support Function
✨Know Your Numbers
As a Management Accountant, you'll be dealing with financial data all the time. Brush up on your knowledge of P&L statements, balance sheets, and cash flow reports. Be ready to discuss how you've prepared these in the past and any specific challenges you faced.
✨Showcase Your Analytical Skills
Prepare examples of how you've conducted financial analysis to identify cost savings or revenue enhancements. Think about specific instances where your insights led to improvements. This will demonstrate your ability to add value to the hotels.
✨Familiarise Yourself with Relevant Software
Since experience with accounting software like Xero and systems like Oracle Opera is preferred, make sure you can talk confidently about your experience with these tools. If you’ve used similar software, be ready to explain how those skills transfer.
✨Communicate Effectively
You'll need to hold monthly meetings with department heads and GMs, so practice articulating your thoughts clearly. Prepare to discuss how you would present financial information to non-financial stakeholders, making it accessible and actionable.