Hotel Finance Manager

Salem Area Chamber of Commerce; London Borough of Harrow; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player in the hospitality sector is seeking a skilled Hotel Finance Manager to oversee financial operations and drive profitability. This role involves managing all financial transactions, ensuring compliance, and collaborating with department heads to optimize performance. The ideal candidate will have a strong background in hotel finance, self-accounting, and supplier negotiations, along with excellent analytical and communication skills. Join a dynamic team that values exceptional guest experiences and offers flexible working conditions, including potential hybrid work arrangements.

Benefits

Up to 50% discount on stays at IHG hotels

Mileage reimbursement

20 days annual leave plus bank holidays

Discretionary bonus structure

Potential for hybrid work

Flexible hours

Qualifications

• Proven experience as a finance lead in a hotel environment.
• Expertise in supplier negotiations and vendor relationship management.
• Strong analytical, organisational, and communication skills.

Responsibilities

• Oversee financial accounting processes and ensure accuracy.
• Manage financial transactions, including revenue and reconciliations.
• Collaborate with departments to enhance financial performance.

Skills

Self-accounting

Financial reporting

Hotel operations knowledge

Payroll management

Supplier negotiations

Analytical skills

Communication skills

Time-management skills

Detail-oriented

Influencing skills

Tools

OPERA PMS

SAGE

Microsoft Excel

Job description

Join to apply for the Hotel Finance Manager role at Salem Area Chamber of Commerce

Position Overview

Our client is a dynamic and growing hotel company that takes pride in delivering exceptional guest experiences. They are seeking a highly skilled Hotel Finance Manager to join their team at the office. The ideal candidate will possess hands-on experience in self-accounting, a deep understanding of hotel operations, and a proven ability to drive financial control and operational effectiveness.

Key Responsibilities

1. Oversee all financial accounting processes for the hotel, ensuring accurate, timely, and comprehensive financial reporting.
2. Manage and process all financial transactions, including revenue recognition, accounts payable/receivable, bank reconciliations, and month-end close procedures.
3. Maintain strict control over payroll management, including monitoring labour costs, payroll forecasting, and ensuring compliance with all relevant laws and company policies.
4. Work closely with department heads to improve financial performance and ensure operational efficiency across all departments, especially food and beverage.
5. Lead negotiations with suppliers to ensure favourable terms, pricing, and service agreements, while also maintaining strong relationships with key vendors.
6. Collaborate with the executive team to prepare annual budgets, financial forecasts, and business plans.
7. Monitor performance against budget and implement corrective actions as necessary.
8. Establish and maintain financial controls and reporting procedures to safeguard assets and ensure compliance with internal policies and external regulations.
9. Provide regular financial analysis and actionable insights to support decision-making by senior management.
10. Work closely with operational teams to drive cost control initiatives, optimise financial performance, and support profitability.

Qualifications

• Proven experience as a finance lead in a hotel environment.
• Experience in self-accounting and financial reporting.
• Deep knowledge of hotel operations, including food and beverage, supply chain management, and cost control.
• Significant experience with payroll control and labour cost management.
• Expertise in supplier negotiations and vendor relationship management.
• Proficiency in OPERA PMS, SAGE, accounting systems, and Microsoft Excel.
• Strong analytical, organisational, and time-management skills.
• Excellent communication skills, both written and verbal.
• Ability to work independently and maintain self-discipline.
• Detail-oriented with a commitment to accuracy in financial reporting.
• Ability to influence effectively across departments and with stakeholders.
• A full UK driving license is preferable.

Role Expectations

1. Oversee all financial accounting processes, ensuring accuracy and timeliness.
2. Manage financial transactions, including revenue, accounts payable/receivable, and reconciliations.
3. Control payroll operations, labour costs, and ensure legal and policy compliance.
4. Collaborate with departments to enhance financial performance and operational efficiency.
5. Negotiate with suppliers and maintain vendor relationships.
6. Assist in preparing budgets, forecasts, and business plans.
7. Monitor financial performance and implement corrective actions.
8. Establish financial controls and safeguard assets.
9. Provide financial insights for decision-making.
10. Drive cost control initiatives and support profitability across departments.

What We Offer

• Up to 50% discount on stays at IHG hotels worldwide.
• Mileage reimbursement for travel to hotels.
• 20 days of annual leave plus bank holidays.
• Discretionary bonus structure.
• Potential for hybrid work and flexible hours.

Next Steps

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