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Harper May is partnering with a prestigious hospitality company celebrated for its collection of luxury hotels and resorts. They are currently on the lookout for a dynamic Management Accountant to enhance their finance team. About the Company: Step into a world where luxury meets exceptional financial management. As part of their team, the new Management Accountant will have the opportunity to work with some of the most renowned properties in the hospitality industry, ensuring their continued financial success and prosperity. Role Overview: As the Management Accountant, you will be pivotal in maintaining the financial vitality and prosperity of these esteemed properties. Your responsibilities will encompass overseeing comprehensive financial management, delivering precise and timely reports, and aiding in strategic decision-making processes. Key Responsibilities: Prepare monthly management accounts, including profit and loss statements, balance sheets, and cash flow forecasts. Analyse financial performance and variances against budgets and forecasts, providing insights and recommendations to management. Monitor and control costs, identifying opportunities for efficiency improvements and cost savings. Assist in the annual budgeting and forecasting process, collaborating with department heads to develop realistic financial plans. Conduct regular financial reviews with department managers to ensure alignment with budgetary targets and strategic goals. Prepare and present financial reports and analysis to senior management, highlighting key trends and performance indicators. Support internal and external audits, ensuring compliance with accounting standards and regulations. Participate in ad hoc projects and initiatives as required, contributing financial expertise and insights. Requirements: ACA/ACCA/CIMA Qualified or Part Qualified Experience as a Management Accountant, preferably in the hotel industry. Strong understanding of financial principles and accounting standards. Advanced proficiency in Microsoft Excel and accounting software. Excellent analytical and problem-solving skills. Ability to communicate complex financial information effectively to non-financial stakeholders. Strong attention to detail and ability to work accurately under pressure.
Harper May is currently collaborating with a leading hospitality company renowned for its luxurious hotels. They are seeking a skilled Management Accountant to join their dynamic team and support multiple hotel locations. About the Company: The company is dedicated to exceptional service and creating memorable guest experiences. With a focus on excellence, they've become a prominent name in the hospitality industry. Role Overview: As a Management Accountant, you'll play a crucial role in overseeing financial operations acrossthe hotel portfolio. Responsibilities include integrating systems, managing working capital, ensuring tax compliance, optimising cash flow, and supervising invoicing processes. Key Responsibilities: Integrate Systems: Collaborate with IT teams to integrate financial systems across multiple hotel locations, ensuring seamless data flow and accuracy in reporting. This includes overseeing the implementation of a new ERP system to streamline financial processes. Intercompany Reconciliations: Manage intercompany transactions and reconciliations, particularly for revenue generated from apartments attributed to the hotels. Ensure accurate recording and reconciliation of revenue and expenses between related entities. Working Capital Requirements: Monitor and analyse working capital needs of each hotel, optimising cash flow and liquidity to support operational efficiency. Corporate Tax Compliance: Ensure compliance with corporate tax regulations, including timely filing of tax returns and accurate reporting of taxable income. Working Capital Cash Flow Management: Develop and implement strategies to manage working capital cash flow effectively, minimising risks and maximising returns. Processing Invoicing: Oversee the invoicing process, ensuring accuracy and timeliness in billing and payment collection. Financial Reporting: Produce monthly, quarterly, and annual financial statements, including P&Ls and balance sheets, for each hotel location. Financial Analysis: Conduct variance analysis and performance reviews to identify trends, opportunities, and areas for improvement. Budgeting and Forecasting: Assist in the preparation of annual budgets and financial forecasts, providing insights and recommendations to support decision-making. Risk Management: Identify financial risks and implement appropriate controls to mitigate potential impacts on the business. Stakeholder Engagement: Collaborate with internal stakeholders, including finance teams, hotel managers, and senior leadership, to support financial objectives and drive business growth. Requirements: ACA qualification is essential. Strong understanding of financial principles, accounting standards, and taxation regulations. Experience with intercompany reconciliations and managing transactions between related entities. Experience in overseeing the implementation of ERP systems or similar financial software. Excellent analytical skills with the ability to interpret complex financial data and provide meaningful insights. Advanced proficiency in financial software and Microsoft Excel. Effective communication and interpersonal skills, with the ability to engage with stakeholders at all levels. Proactive approach to problem-solving and decision-making, with a focus on continuous improvement. High attention to detail and accuracy, with the ability to meet deadlines in a fast-paced environment. Flexibility to travel occasionally to hotel locations as required.