Group Financial Controller

The Alexander Hotel Collection; Turners Hill; On-site; GBP 100,000 - 125,000; Full time

Job summary

A luxury hotel collection in the South of England is seeking a Group Financial Controller. This role involves leading the delivery of monthly accounts, collaborating on cost-saving analyses, and ensuring robust financial controls. A strong hotel accounting background and advanced Excel skills are essential. The successful candidate will work in a fast-paced environment, contributing to the financial success of the hotels.

Benefits

Single Private Healthcare Cover

4 weeks holiday rising to 5 weeks

Discounted hotel accommodation

Discounted hair treatments at Utopia Spas

Anniversary benefits over the years

Qualifications

• Experience in hotel accounting is essential.
• Ability to work in a fast-paced multi-site environment.
• Must hold a full driving license for travel between hotels.

Responsibilities

• Lead monthly group management accounts delivery.
• Collaborate with the Purchasing Manager on cost analysis.
• Conduct reviews to track actual results against performance metrics.
• Compile the annual budget alongside the Finance Director.

Skills

Hotel accounting background

Advanced Excel knowledge

Excellent verbal and written communication skills

Proactive personality

Team player

Education

Part Qualified/Qualified accountant (ACA/ACCA/CIMA)

Tools

Microsoft Dynamics NAV

Jet Reporting

Guestline

Job description

Overview

Alexander Hotels are a collection of five luxury hotels, in the 4 & 5-star market, based in the South of England. We are now looking to recruit for a Group Financial Controller within a team of 6, reporting to our Financial Director. The Group Finance Office based at our Rowhill Grange Hotel in Kent covers the accounts function for our 5 hotels, located in Kent, Surrey, and West Sussex.

Benefits

• Single Private Healthcare Cover
• 4 weeks holiday rising to 5 weeks with service
• 8 Bank holidays
• Free car parking
• Discounted hotel accommodation for yourself and your family at all hotels (after probation)
• Discounted hair treatments at our two Utopia Spas
• Discount off all food & beverage at all hotels
• Discount of individual treatments booked in our two Utopia Spas
• Discount on retail products in our two Utopia Spas
• Refer a friend staff recruitment scheme
• Anniversary benefits at 1, 3 and 5 years (e.g., birthday off paid, complimentary overnight stays, complimentary lunch/afternoon tea)

Job Details

Job Title: Group Financial Controller

Hours: Full Time

Location: Wilmington, Kent

Salary: £50,000+ Dependent on experience

How to Apply: Apply for this job

Main Duties

Commercial Focus

• Lead the delivery of monthly group management accounts in accordance with timetable and provide analyses, interpretations and projections to hotel management and senior management, as requested.
• Collaborate with the Purchasing Manager to analyse costs, compare them to industry benchmarks, and identify opportunities for cost savings and efficiencies.
• Conduct detailed reviews and track actual results against the F&B and Rooms Metrics by performing periodic reforecasts to ensure alignment with property strategy and identify areas for improvement.
• Work closely with the General Manager and operational team to understand key performance indicators (KPIs) and provide financial support to management in the formulation and implementation of the hotel’s forecasts.
• Responsible for compilation of annual budget in conjunction with the FD and alongside annual operating plan and strategic planning with closer integration and communication between finance and various departments.

Controls and Compliance

• Develop and implement new controls via periodic site inspections, identify gaps and contribute to the ongoing development of the hotels and ensure robust, sustainable financial controls and stock holdings procedures are in place within the hotels.
• Prepare quarterly VAT returns and liaise with external auditors where required.
• Assist the Head of Finance in the preparation of the UK statutory accounts and Interim Audit processes, reviewing information submitted to auditors and implement agreed corrective actions.

Month End Reporting

• Carry out and report on a monthly review of financial trends, results, operating KPIs and commentary with Hotel Managers as part of performance improvement and challenge to support delivery of operating and financial budgets.
• Work collaboratively with the Finance Director to review consolidated entries, prepare key balance sheet reconciliations as required and ensure integrity of the balance sheet submissions.
• Manage fixed asset accounting and electronic purchase order processes, including recording of asset purchases/disposals which are authorised and in line with company budget.
• Review ledgers, reconcile control accounts, bank, vouchers account, departmental expenditure, petty cash and ensure key controls are signed off.
• Process and review all month end journals: timely recording and payment of accrued liabilities, prepayments, stock take, revenue import, cost apportionment, portal invoices import.

Weekly Tasks

• Ensure adherence to lead schedules and submission of weekly sales to facilitate departmental review of operating performance and KPI trends.
• Understand data such as ADR, REVPAR, and Market segments; report on trends and maintain data accuracy across systems.
• Assess trends, review ledgers and stock holdings to ensure completeness of receipting and purchase-to-pay cycles, identifying gaps and contributing to the ongoing development of the finance function.
• Conduct weekly in-depth reviews and revenue testing including allowances, corrections, cancellations, deposits, no-shows, over-limit credits, and rate overrides to ensure accounting accuracy and identify revenue maximizing opportunities.
• Oversee daily card transactions and online third-party payment systems to ensure PCI compliance and prevent fraud.
• Manage Income Audit processes to ensure consistency and completeness, communicating identified risks to the Finance Director.
• Provide safeguarding, including proper storage and access for all contracts, leases and other financial records.
• Spot-check sales events billings for accuracy and follow up outstanding bills with the department.
• Develop training plans and courses for non-financial managers in coordination with the FD to enhance understanding of financial matters.

Requirements

• Hotel accounting background is essential for this role
• Part Qualified/Qualified accountant (ACA/ACCA/CIMA) or studying for
• Advanced Excel knowledge is a must
• Experience of using Microsoft Dynamics NAV / Jet Reporting / Guestline is required
• Highly numerate and organised with keen attention to detail
• Ability to work in a fast-paced multi-site & multi-culture environment while meeting deadlines
• Great team player
• Proactive personality and can-do attitude
• Excellent verbal and written communication skills
• Must hold a full driving licence to allow for periodic travel between hotels; business mileage allowance will be paid

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