Finance Manager, The Savoy Hotel

TN United Kingdom; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player in luxury hospitality is seeking a Finance Manager to lead their finance department. This role involves managing a dedicated team, ensuring compliance with internal and external regulations, and overseeing financial operations. You will play a crucial role in preparing financial reports, managing cash flow, and supporting business goals. The company offers a competitive salary, generous holiday allowance, and various wellbeing benefits, making it an exciting opportunity for those looking to grow in a dynamic environment.

Benefits

Competitive salary

31–33 days of holiday

Wellbeing and healthcare benefits

Exclusive hotel and restaurant discounts

Free stay at The Savoy after probation

Gym access

Employee assistance programs

Qualifications

• Experience in managing and developing finance teams.
• Ambition to grow within luxury hospitality.

Responsibilities

• Manage the finance team and ensure compliance with regulations.
• Prepare monthly P&L reports and oversee cash flow management.
• Participate in recruitment and training of finance staff.

Skills

Accounting qualification

Team management

Communication skills

Knowledge of accounting practices

Education

Degree in Finance or Accounting

Job description

The provided job description contains a comprehensive overview of the role, responsibilities, qualifications, and benefits. However, its formatting can be improved for better readability and engagement, and some repetitive or irrelevant content (such as placeholders like 'Job Description

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Finance Manager, The Savoy Hotel, London

Client: FAIRMONT

Location: London, United Kingdom

Job Category: Finance

EU work permit required: Yes

Job Reference: 27637fb9e64e

Job Views: 4

Posted: 02.05.2025

Expiry Date: 16.06.2025

Job Description

Job Title: Finance Manager

Department: Finance

Reporting to: Finance Controller

Your purpose: To manage the day-to-day operations of the Finance Department, providing leadership and ensuring compliance with internal policies and external regulations.

Key Responsibilities:

• Manage and lead the finance team, providing guidance and support.
• Collaborate with the Purchasing team to ensure standards are met.
• Supervise accounts payable, receivable, payroll, and income audit functions.
• Ensure accurate and timely payroll processing.
• Handle the annual submission of the hotel's PAYE Settlement Agreement.
• Ensure compliance with Internal Audit policies and legislation.
• Prepare and post journal entries; manage month-end processes.
• Oversee cash flow management.
• Maintain financial records in accordance with policies.
• Participate in recruitment and training of finance staff.
• Review and prepare monthly P&L reports and Balance Sheet reviews.
• Submit VAT returns as per HMRC deadlines.
• Partner with operational departments to support business goals.
• Maintain a strong control environment and review financial transactions.
• Assist in audit preparations.

Qualifications & Skills:

• Accounting qualification preferred but not required.
• Positive attitude with a willingness to learn.
• Experience in managing and developing teams.
• Ambition to grow within luxury hospitality.
• Excellent communication skills.
• Up-to-date knowledge of accounting practices; qualified accountant preferred.

Additional Information

What’s in it for you?

• Competitive salary, pension, and life assurance.
• 31–33 days of holiday including public holidays.
• Wellbeing and healthcare benefits, Perkbox discounts.
• Exclusive hotel and restaurant discounts.
• Free stay at The Savoy after probation.
• Facilities including wellness rooms, gym access, and employee assistance programs.