Finance Director

Contract Type: Permanent
Location: Harrow, London
Salary: £90000 - £120000 per annum
Contact Name: Harper May
Job Published: June 8 2022

Job Description

Finance Director - Hotels Group

Harper May is currently working with a rapidly growing Hotel Group. The company, based in North West London, are seeking an established Finance Director to lead their team. My client currently has 6 sites in the UK and is looking to open 5 more sites next year to expand on their turnover. The Finance Director will have a position of extensive responsibility, offering guidance and overseeing the day-to-day running of the finance function. The successful candidate will be fully qualified and must have previous experience within the Hotels industry.

Key responsibilities for the Finance Director:

  • Drive the financial planning of the company by analysing its performance and risks
  • Monitor and direct strategic business plans providing improved reporting to the Financial/Operational side of the business and to the Board.
  • Retain constant awareness of the company's financial position and act to prevent any problems
  • Manage debt, covenants and support involving the banking relationships
  • Coordinate and direct the preparation of the group wide budget and financial & cashflow forecasts and report variances
  • Develop financial and tax strategies, maximizing returns
  • Set up and oversee the company's finance IT system
  • Lead and develop finance teams. Set targets for and supervise all accounting and finance Department (management accountants, internal auditors etc.).
  • Oversee all Financial audits and internal control operations
  • Oversee all transactions and processing systems ensuring legal compliance.
  • Implement operational finance best practices/SOPs with a continual improvement.
  • For all new properties, create a 3 to 5-year financial forecasts, cashflow monitoring & management, including construction spend - support the construction tendering process
  • Prepare timely and detailed reports on financial performance on a quarterly and annual basis.
  • Ensure adherence to financial laws and guidelines

Desired Skills and Experience:

  • BA Qualified member of an accountancy body e.g. Qualified ACA, ACCA or CIMA with a 5 to 10-year PQE
  • Proven work experience as a Head of Finance, Director of Finance or similar role
  • Hotel / Hospitality background essential
  • Proven track record in leading and managing high growth and expansion
  • Exceptional communication skills at all levels
  • Strong IT skills, always being ahead of new technologies
  • Proficiency in accounting software
  • Excellent knowledge of data analysis and forecasting models
  • In-depth understanding of cash flow management, bank reconciliation and bookkeeping
  • Hands-on experience with budgeting and risk management
  • Solid analytical and decision-making skills
  • Leadership abilities
  • Ability to handle high levels of pressure and critical decision-making.
  • High energy and can work autonomously

Lastly if you are looking for a Finance Director role within Hotels this is a fantastic role for you.