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Management Accountant
2 months ago
Management Accountant, London (South Kensington). 45k to 50k
I’m working with a stunning property based in the heart of Kensington, in West London. This property has been recently refurbished and is due to open its doors in September.
I’m seeking a hands-on and experienced Management Accountant to lead the finance department and manage one accountant.
The Management Accountant will assist the GM in the administration of all financial aspects of the finance and accounting function for the hotel, to ensure that all company Policies and Procedures are followed financial reports are submitted accurately and on time in compliance with statutory requirements, enforcing both internal controls and external audit requirements.
Responsibilities:
- Provide commercial insight and analysis to the management team to support operational decision-making.
- Support with performance reporting including budgeting, forecasting, and monthly business reviews.
- Effectively communicate the business' financial performance & participate in discussions surrounding risks & opportunities.
- Ownership of financial control and governance processes including contractual compliance and adherence to Compass financial policies.
- Verifies disciplinary procedures and documentation are completed according to Standard and Local Operating Procedures (SOPs and LSOPs) and supports the Peer Review Process.
- Verifies that the P&L is accurate (i.e., costs are properly matched to revenue, costs are recorded in the proper accounts) and statements are delivered to appropriate individuals promptly.
- Reconciles balance sheet to verify account balances are supported by appropriate documentation per SOPs.
- Uses relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
- Communicates financial concepts clearly and persuasively that are easy to understand and drive desired behaviours.
- Supports a strong accounting & operational control environment to safeguard assets, improve operations and profitability and manage business risks.
The right candidate:
- At least 3 years’ experience in a luxury or 5-star hotel as a Management Accountant.
- Fully or part-qualified ACCA or CIMA
- Strong analytical skills.
- Excellent communication and client-facing skills
- Knowledge of local Generally Accepted Accounting Principles (local GAAP), International Policies, and International Standard Operating Procedures (ISOPs).
- Versatility, flexibility, and a willingness to work within constantly changing priorities.
