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- Tasks: Manage fixed assets, financial reporting, and compliance across our luxury hotel collection.
- Company: Join The Dorchester Hotel, a top-rated workplace known for its inclusive culture and excellence.
- Benefits: Enjoy complimentary stays, discounts, pension contributions, and vibrant social events.
- Why this job: Excel in your field with award-winning training and a supportive team in a prestigious environment.
- Qualifications: Strong knowledge of asset management and financial reporting; experience with UK GAAP and IFRS preferred.
- Other info: Diversity is celebrated here; we support all applicants throughout the recruitment process.
The predicted salary is between 36000 - 60000 £ per year.
Join us at The Dorchester Hotel, recently recognised as one of The Sunday Times Top 10 Best Places to Work for in 2024 and Hotel of the Year London at the 2024 AA Hospitality Awards. We continually strive to build and nurture a culture where inclusiveness is part of our DNA, reflected in our values of passion, personality, respect, working together, and creativity.
When you join us as an Assets Controller, you will have a unique opportunity to excel in your field. You will learn from your fellow Legends and our award-winning learning academy to achieve the highest standards in craft, service, and leadership.
What you'll do
- Fixed Asset Management: Maintaining the fixed asset register, ensuring adherence to policies related to procurement, safeguarding, and asset disposal.
- Financial Reporting: Performing ROI calculations, preparing quarterly reports, and reconciling stock take results with the general ledger.
- Balance Sheet Oversight: Managing stock control procedures and reconciliation of balance sheet items, including China, Glass, Silver, Food, Beverage, Tobacco, and Consumables.
- Audit Compliance: Ensuring stock controls and asset management practices align with UK GAAP and IFRS, supporting audit requirements.
- Budgeting & Advisory: Providing financial guidance and budgetary advice to internal stakeholders, ensuring best practices are adopted.
- Management Accounts: Ensuring monthly management accounts are prepared according to issued timetables and addressing any discrepancies in financial reporting.
- Interdepartmental Coordination: Communicating with departments across the hotel to maintain accurate asset tracking and ensure alignment with financial policies.
What you'll bring
- Strong knowledge of fixed asset management, financial reporting, and reconciliation processes.
- Experience working with UK GAAP and IFRS accounting standards.
- Proven ability to manage stock control and balance sheet reconciliations.
- Strong communication skills for liaising with internal stakeholders and ensuring compliance across departments.
- Fluency in English, with the ability to effectively communicate financial insights.
Preferred Skills
- Professional Qualification or Progression: CIMA, ACCA, or ACA (or actively working towards qualification).
- Management Accounting Experience: Previous experience in preparing and reviewing management accounts.
- Luxury Hospitality Experience: Experience working in a 5-star hotel environment, particularly under strict financial reporting deadlines.
What you'll get
- Complimentary Stays: Enjoy complimentary stays with breakfast at Dorchester Collection Hotels every year.
- Discounts: Get 50% off food and beverages at selected bars and restaurants within the Dorchester Collection; enjoy Friends & Family stay discounts at our hotels; benefit from discounts at various high street and online shops.
- Employee Perks: Enrol from day 1 into the Aviva Private Pension scheme (we contribute 8% towards your pension); benefit from seasonal ticket loan, rental deposit scheme, private financial advice, and eye care vouchers.
- Training and Development: Advance in your career by accessing various apprenticeships from Level 2 to Hospitality Degree Level 5.
- Social Events: Participate in vibrant social events, including a summer party, winter ball, pub quizzes, and cultural and milestone recognition celebrations.
- Referral Bonus: Earn a £1000 bonus when you recommend a friend.
- Well-being Support: Access immediate well-being advice because we care about our employees.
We celebrate diversity and are committed to creating an inclusive environment for all employees and applicants. If you need us to do anything to support you during the recruitment process, please do call the People & Culture team on 02073197011 or email so that we can discuss how we can support you through this process.
Asset Controller - Maternity Cover employer: The Dorchester
Contact Detail:
The Dorchester Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Controller - Maternity Cover
✨Tip Number 1
Familiarise yourself with the specific financial regulations and compliance standards relevant to the hospitality industry, particularly UK GAAP and IFRS. This knowledge will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the luxury hospitality sector, especially those who have experience in asset management. Engaging with industry peers can provide valuable insights and potentially lead to referrals for the position.
✨Tip Number 3
Prepare to discuss your previous experiences with fixed asset management and financial reporting in detail. Be ready to share specific examples of how you've successfully managed stock control and reconciled balance sheets in past roles.
✨Tip Number 4
Showcase your communication skills by preparing to explain complex financial concepts in simple terms. This will be crucial when liaising with internal stakeholders and ensuring everyone is aligned with financial policies.
We think you need these skills to ace Asset Controller - Maternity Cover
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in fixed asset management and financial reporting. Use specific examples that demonstrate your knowledge of UK GAAP and IFRS accounting standards.
Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for the hospitality industry and your understanding of the role. Mention how your skills align with the responsibilities outlined in the job description, particularly in managing stock control and balance sheet reconciliations.
Showcase Communication Skills: In your application, emphasise your strong communication skills. Provide examples of how you have effectively liaised with internal stakeholders in previous roles to ensure compliance and accurate asset tracking.
Highlight Relevant Qualifications: If you have any professional qualifications like CIMA, ACCA, or ACA, make sure to mention them prominently. If you are actively working towards these qualifications, include that information as well to show your commitment to professional development.
How to prepare for a job interview at The Dorchester
✨Know Your Numbers
As an Asset Controller, you'll be dealing with financial reporting and asset management. Brush up on your knowledge of fixed asset management, UK GAAP, and IFRS standards. Be prepared to discuss how you've applied these in previous roles.
✨Showcase Your Communication Skills
Strong communication is key for this role, especially when liaising with internal stakeholders. Prepare examples of how you've effectively communicated financial insights or collaborated with other departments to ensure compliance.
✨Demonstrate Your Problem-Solving Abilities
You may face discrepancies in financial reporting or stock control. Think of specific instances where you've identified issues and implemented solutions. This will show your proactive approach and ability to manage challenges.
✨Familiarise Yourself with the Company Culture
The Dorchester Hotel values inclusiveness and creativity. Research their culture and think about how your personal values align with theirs. Be ready to discuss how you can contribute to their positive work environment.
