Head of Finance

Pistache Hospitality; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A luxury hotel in the heart of London seeks a Head of Finance to oversee financial operations, ensure accuracy of statements, and provide strategic financial advice. The role requires strong analytical skills, leadership, and a solid background in 5-star hotel finance. Candidates should have a Bachelor's in Finance and experience in the hospitality sector. This full-time position promises to be integral to the hotel's success, providing opportunities to shape financial strategies and reporting.

Qualifications

• Background in Hotel Finance of a 5* hotel.
• Proficiency in Financial Statements and Financial Reporting.
• Full understanding of Income Audit, Accounts receivable and Accounts Payable functions.

Responsibilities

• Oversee financial operations of the hotel, ensuring accuracy of financial statements.
• Implement financial strategies and monitor financial performance.
• Conduct financial analysis and ensure compliance with regulatory requirements.

Skills

Strong Analytical Skills

Leadership

Communication

Organizational Skills

Education

Bachelor’s degree in Finance, Accounting, or a related field

Professional certifications (e.g., CPA, ACCA)

Job description

The Mandrake is a luxury boutique hotel located in the heart of London’s Fitzrovia, offering an immersive experience that blends culture, art, and wellbeing. Featuring 34 beautifully designed rooms, including a renowned Penthouse, the hotel provides an oasis from the bustling city. The Jurema Terrace, adorned with lush greenery, serves as the vibrant core of the property and has received international recognition. A curated art collection, Spiritual Wellbeing initiatives, and Artist in Residence programs create an inspiring and transformative environment. Guests can enjoy refined South American-inspired cuisine, innovative cocktails, and unique spaces designed for relaxation and indulgence. This role also is responsible for all finance operations of our recently opened Private Members' Club CoOc, and DAMU wellness retreat.

Role Description

This is a full-time, on-site position based in London for a Head of Finance. The Head of Finance will oversee the financial operations of the hotel, including ensuring the accuracy of financial statements, preparing reports, managing budgets, and providing strategic financial advice. Responsibilities include implementing financial strategies, monitoring financial performance, conducting financial analysis, and ensuring compliance with regulatory requirements. The role is integral to achieving the business objectives and supporting the continued success of The Mandrake

What you'll need:

• Background in Hotel Finance of a 5* hotel.
• Proficiency in Financial Statements and Financial Reporting, ensuring accuracy and compliance.
• Strong Analytical Skills with the ability to assess complex financial data and provide actionable insights.
• Full understanding of Income Audit, Accounts receivable and Accounts Payable functions in a business, particularly within hospitality
• Previous experience controlling monthly payroll tasks and approvals
• Familiarity with dealing with third party suppliers and contracts and being authorised signatory on such agreements
• Ability to lead and deliver all month end and year end tasks and journals.
• Experience in Finance and Budgeting, including the development, monitoring, and management of budgets, forecasts and cash flows.
• Strong understanding of financial regulations and best practices within the hospitality industry and experience of working with internal and external audits
• Exceptional leadership, communication, and organizational skills, with the ability to collaborate across teams.
• Bachelor’s degree in Finance, Accounting, or a related field; professional certifications (e.g., CPA, ACCA) are a plus.
• Prior experience in a similar leadership role within the hospitality or luxury service sector is preferred.