Staff Accountant

4 days ago

East London, London, United Kingdom Virgin Hotels London-Shoreditch Full time

Come and join our fantastic Finance team at Virgin Hotel London Shoreditch

Who we are:

We love what we do and what we do is important We believe that everyone should leave feeling better this means not just our guests and owners, but also our teammates. Everyone should go home feeling better because they learned something new or had fun working that day.

Why work with Virgin Hotels:

Because it is fun, of course But we appreciate that fun isnt always enough what else is in it for you?

  • Lots of social events throughout the year, where we can get together and have a good time
  • Regular training opportunities including wine, spirits, service and menu tastings
  • A paid day off for your birthday
  • Paid leave to volunteer to spend time with the causes closest to your heart, for every teammate
  • Generous family-friendly policies and allowances
  • Teammate discount at Virgin Hotels and 20 other Virgin brands
  • Training and development including apprenticeships
  • Teammate meals and drinks provided
  • 4 x your salary life assurance policy
  • Employee Assistance Program that includes health and well-being advice and support
  • Company Sick Pay

The Nitty-Gritty:

What exactly you will be doing


  •  Assisting the DoF with the compilation of the annual budgets and monthly forecasting, ensuring that all Department Managers have complete and equal input.
    Assisting DoF to support Department Managers in developing effective measures to enhance their departments profitability.
    Assisting the DoF with weekly rolling forecast and payroll report.
    Ensuring the cash handling procedures and policies of the Hotel are strictly adhered to.
    Developing and monitoring all financial systems, with a focus on Food & Beverage, with a view to improving and streamlining procedures.
    Responsible for the monitoring and checking of all audits relating to financial standards and procedures.
    Supplying all F&B departments with accurate statistical information on a timely basis.
    Ensuring that policies and procedures set by Virgin Hotels are implemented and internal controls are operating effectively.

Essential job functions include but are not limited to the following:


  •  Execute the accounting department's daily routines to ensure smooth, effective, and efficient daily work practices.
    Assist the Director of Finance & Business Support to ensure that all of the finance colleagues are able to understand and follow the applicable Company policies and procedures.
    Assist in reviewing financial performance of department/area, analysis of variances, forecasts and budgets.
    Assist the Director of Finance & Business Support with the analysis and interpretation of the financial data and its communication to the operations.
    Assist with and complete, as needed, the analysis of the balance sheet accounts and the preparation of the monthly internal benchmarking and operational performance analysis reports.
    Assist in the development and implementation of benchmarking techniques that will enable the hotel to enhance revenues while improving productivity and cost efficiencies.
    Assist in providing accurate and complete financial and management reports on a timely basis to hotel management, corporate office and owners in accordance with the company and ownership reporting requirements and policy.
    Assist with the safekeeping of all lease and contracts and any other legal records and documents, which may affect the financial status of the hotel.
    Ensure control systems are monitored and audited on a regular basis, as documented by Audit Services, to measure compliance with internal controls.
    Perform house bank and cash machine maintenance, replenish and reconciliation.
    Assisting in performing daily and monthly bank reconciliations.
    Oversee month-end reconciliation tasks, accruals, account reconciliation and operational taxes.
    Manage the AP issue log on a daily basis.
    Monitor Daily Revenue Report to ensure accuracy of Income Journal.
    Ensure daily procedure perform correctly compliant to all internal/external audit guideline.
    Investigate and resolve all data and report inquiries/discrepancies.

Background must-haves

  • Current, legal and unrestricted ability to work in the UK
  • High school equivalent or education required
  • Minimum 1-2 years of previous hotel experience in Finance Department
  • Ability to clearly and pleasantly communicate in English with clients, guests, suppliers, teammates/management, in person, in writing and on the telephone
  • Proficient in MS Outlook, Word, Excel and PowerPoint

AMRT1_UKCT

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