Group Finance Manager

Savvy Hotels; Wales; On-site; GBP 70,000 - 90,000; Full time

Job summary

A hospitality group in the United Kingdom is seeking a Group Finance Manager to oversee financial operations and strategies. The ideal candidate is a qualified accountant or MBA with extensive experience in multisite environments and strong leadership skills. The role requires strategic financial direction and effective communication with the CEO and stakeholders, focusing on cash management, fundraising, and compliance. This position offers a competitive salary and opportunities for career growth.

Qualifications

• Extensive relevant experience in building and operating successful businesses.
• Background in fast-moving multisite business environments.
• Experience in hospitality business of similar size and complexity.

Responsibilities

• Formulate future direction and support tactical growth plans.
• Monitor strategic financial and business plan implementation.
• Oversee accounting, investor relations, and treasury areas.
• Manage cash balances and financing arrangements.
• Participate in key decisions as a member of the executive leadership team.

Skills

Strategic partnership with CEO

Fundraising and acquisition experience

Analytical skills

Financial communication skills

Pragmatic and 'hands-on' approach

Leadership abilities

Education

Qualified accountant (ACA, ACCA, ACMA) and/or MBA

Job description

Job Summary

Responsible for the Financial Infrastructure and Risk Management of operations across our group of companies.

The role is to include the development of a financial growth strategy, whilst also delivering clear metrics and deadlines to support the operations to best control systems, revenues and costs.

Provide financial, commercial and strategic direction to the CEO. Work alongside the CEO and wider stakeholders. Focus on delivering day‑to‑day financial management of the group of companies. All‑round business acumen is essential as well as interfacing regularly with other departments and the wider team to make sure that management information coming from the Finance Department is understood and tailored to their needs.

Key Responsibilities

• Assist in formulating the company's future direction and supporting tactical growth/plans.
• Monitor and direct the implementation of strategic financial and business plans.
• Develop financial and tax strategies.
• Manage the fundraising opportunities and budgeting processes.
• Develop performance measures that support the company's strategic direction.

Operations

• Participate in key decisions as a member of the executive leadership team.
• Maintain in‑depth relations with all members of the management team.
• Manage the accounting, investor relations, legal, tax, and treasury areas of the business.
• Oversee the financial operations of all companies in the group.
• Make sure that Directors and Shareholders are made aware of personal tax implications of company financial policy.
• Manage any third parties to which accounting or finance functions have been outsourced.
• Oversee the company's transaction processing systems.
• Supervise acquisition due diligence and negotiate acquisitions in consultation with the CEO.
• Payroll, budgets, processes in all parts of business.
• Oversee the issuance of financial information.
• Report financial results to the directors and investors within strict time scales.
• Understand and mitigate key elements of the company's risk profile.
• Monitor all open legal issues involving the company, and legal issues affecting the industry.
• Construct and monitor reliable control systems.
• Maintain appropriate insurance coverage.
• Ensure that the company complies with all legal and regulatory requirements.
• Ensure that record keeping meets the up‑to‑date requirements of auditors, government agencies and management operations and business monitoring.
• Report risk issues to the Senior Leadership Team.
• Maintain relations with external auditors and investigate their findings and recommendations.

Funding

• Monitor cash balances and cash forecasts.
• Arrange for debt and equity financing.
• Generally take responsibility for all aspects of cash management including credit policy.

Third Parties

• Participate in conference calls with the investment community.
• Maintain banking relationships.
• Represent the company with investment bankers and investors.
• Managing relationships with investors and investment institutions.
• Undertake complex financial applications around private placement of equity and financial modelling of the business.
• Work alongside the CEO and the SLT in managing and developing the strategic review and planning process, enabling the business to evaluate and assess priority areas for investment and profitable growth and development.
• Work with the SLT to define the business strategy and evaluate potential investments.
• Provide regular reports on the revenues and expenditure of the organisation, business plan approval, performance management, risk management and mitigation, financial viability and regulatory compliance.

Experience

• A strategic partner to the CEO, you will be a qualified accountant (ACA, ACCA, ACMA) and/or MBA, with extensive relevant experience in building and operating successful business. Fundraising, acquisition, listing and investor relations experience is essential. You will also require strong people and analytical skills, a pragmatic and ‘hands on’ approach and be an excellent communicator.
• The Group Finance Manager will be pragmatic and highly commercial with a focus on EBITDA growth and cash management.
• Proven Finance / CFO background in fast moving multisite business environment.
• Experience of working in family or entrepreneur‑led environments is desirable.
• Experience of working in hospitality business of a similar size, complexity and profile would be advantageous.
• An energetic team player with strong and proven leadership abilities.
• Experience of liaising with high‑quality PE investors and banking institutions.
• An experienced manager and team leader with the ability to implement financial best practice.

This job description provides an outline of the major focus areas of the job role and is not exhaustive and subject to amendment from time to time.