Financial Controller
Job Reference: 887507
Halesworth
£80,000 - £85,000 per annum
MacKenzie King are recruiting an operational Financial Controller, ideally with previous experience in hospitality, to join an ambitious business. The successful candidate will preferably have experience in a resort or multisite setting and will be used to working with the USALI Hospitality Accounting Standards.
Within the position, the successful candidate will be building and creating structure and systems as well as maintaining them going forward, so experience of a pre-opening would be beneficial.
You will be working closely with the General Manager and take ownership with implementing best practices. Having a visual understanding of the way the business operates is important so that you are able to add value to discussions around improving the service and efficiency within the business.
This is a varied position and will take place onsite in Halesworth, with the exception of meetings in London or business-related trips.
Key tasks and responsibilities
- Annual budget preparation and presentation according to agreements upon timeline.
- Monthly P&L creation by agreed upon date, with feedback file and KPI presentation for owners and managers, analysing performance against targets.
- Quarterly reforecasting of revenue / cost
- Yield and pricing strategy in combination with senior team
- Oversight of payroll management with HR team including payroll strategy and management of payroll file including benefits, pensions, taxes, vacation accruals etc.
- Maintenance of other financial statements - balance sheets and cash flow statements
- Ensure compliance with accounting standards and company SOP's (Also creating some of these initially)
- Establishment and monitoring of internal financial controls to limit loss and increase efficiency / competence of team.
- Risk management and oversight of all potential risks to business, caused by internal and external market factors.
- Establishment of delegation of authority with GM and ownership for all financial functions - purchasing, contracting, CAPEX etc.
- Manage and prepare for yearly external audit as well as implementing internal audit processes.
- Managing and maintenance of financial software or applications
- Manage bank account and relationship with financial institutions.
- Ongoing data analysis - constantly looking at different perspectives and statistics to illustrate points for improvement and financially model based on findings or observations.
- Take an active role in the senior executive team through meetings / workshops and understand the weekly business and pinch points
- Manage and develop finance team members, ensuring their skills are up to date and they are supported in their roles
- Report on food and beverage cost of sales, work with purchasing teams to ensure best pricing is being sought and better group purchasing practice.
- Share financial information and targets with HOD's and team leaders so that they can better understand and manage cost within each department
- The responsibility for, and management and oversight of:
- All AR / AP & Treasury activities on a day-to-day basis
- The full reconciliation of all sales activity to guest invoicing & payment
If you would like to talk to a consultant about this role, contact:
Cheryl Voller
"A unique opportunity to work for an ambitious business in a stunning location"
Cheryl Voller