Financial Controller
- Job Type: Interim (2-3 months)
- Location: London, full time onsite
- Salary: £300-£325/day inside IR35
A prestigious hotel in London is seeking an experienced Financial Controller for an interim period of 2-3 months. The ideal candidate will have a strong background in finance within the hotel industry and be adept at managing financial operations to drive performance and efficiency.
Day to Day of the role:
- Conduct daily banking, including preparing daily banking reports, reconciling takings, and preparing for collection by courier.
- Develop monthly and quarterly budget forecasts by analysing current market trends, hotel performance, and upcoming city events that could impact revenue.
- Consolidate accounts for accuracy and correct charges.
- Analyse data and accounts to identify performance improvements or deficit reductions.
- Collaborate with the Financial Director to review revenue outlook and set competitive pricing strategies.
- Focus on achieving KPIs by providing regular feedback to department heads on spending and payroll in relation to budget and revenue.
- Perform intercompany reconciliations and resolve discrepancies promptly.
- Prepare and present month-end and year-end accounts and management reports to the Board of Directors.
- Process payroll efficiently, including approving timesheets and implementing time-saving measures.
- Prepare annual budgets with the Financial Director and department heads.
- Train Operations Support staff to ensure timely and accurate revenue reporting.
- Design and supervise training programs for staff on the purchase order system to ensure correct cost coding and efficient invoice processing.
- Manage a small team of 3, setting training and development plans to maintain high standards of work.
Required Skills & Qualifications:
- Proven experience as a Financial Controller or Accountant within the hotel sector.
- Strong understanding of financial operations and key performance indicators in the hospitality industry.
- Excellent analytical and forecasting abilities.
- Proficient in financial software and Excel, ideally experience using opera
- Strong communication and presentation skills.
- Ability to manage and train staff effectively.
- Experience in payroll processing and budget preparation.
Benefits:
- Competitive salary for the interim period.
- Opportunity to work with a leading hotel and contribute to its financial success.
- Dynamic and fast-paced work environment.
To apply for the Financial Controller position, please submit your CV and cover letter detailing your relevant experience and why you are interested in this role.