Financial Controller

1 week ago


London UK, UK, United Kingdom Cedar Full time

Financial Controller

The Savoy

c£80,000

Central London

London's original luxury hotel, The Savoy has for over 130 years been at the forefront of what the luxury hospitality sector has to offer. With the world renowned American Bar, three iconic restaurants, including Gordon Ramsey's Michelin-starred Restaurant 1890, and a range of unrivalled guest services the Savoy is an internationally recognised and respected luxury brand.

Backed by two prestigious investors and operated by the globally acclaimed Fairmont part of Accor, The Savoy is currently undergoing a major refurbishment throughout its 267 rooms. This significant investment continues to see The Savoy positioned as the pre-eminent venue for truly experiencing the absolute best that luxury hospitality can offer.

As part of The Savoy's exciting journey, it is now seeking a charismatic Financial Controller.

Reporting to the Director of Finance & Business Support, who reports to the MD, the role will include:

  • Managing day-to-day finance, leading a team of c10 talented finance professionals
  • Ownership of all operational aspects of finance across the Balance Sheet, P&L and Cashflow
  • The month-end process from start to finish
  • Lender Reporting - Covenant reporting
  • Statutory reporting - Working with external advisors when required
  • Ensuring the appropriate Control environment is in place
  • Leading the development and improvement of processes, controls and systems
  • Variance analysis and reporting on trends
  • KPI Reporting
  • Oversight of capital expenditure on monthly and ad hoc basis
  • Reviewing and authorising relevant areas, i.e. POs and Expenses, refunds, allowances, banking transactions as required by Company policy
  • Quarterly/ monthly VAT returns within the set deadlines by HMRC
  • Year end audit requirements - lead liaison with external auditors
  • Internal audit -self-assessment and ensuring compliance with requirements
  • Balance sheet reconciliations and consolidation
  • Overall controller for CAPEX / FF&E
  • Managing key relationships and processes for the ongoing capital projects
  • Assist with budgeting and forecasting
  • Coaching and developing the finance team
  • Supporting the Director of Finance in ad hoc project requests

Required candidate profile:

  • ACA or ACCA qualified, having already moved into industry.
  • In-depth experience of either delivering as part of an operational finance team, or of leading the function.
  • Demonstrably exceptional communication skills. Easily able to engage with a wide range of finance and non-finance stakeholders and colleagues.
  • Experience and desire to build a high performing team.
  • The drive and energy to deliver exceptional results.
  • High levels of emotional intelligence.
  • A genuine interest in the luxury hospitality sector.
  • Happy to be hands and comfortable getting hands dirty within a fast paced SME.
  • Polished, presentable and able to represent the brand in the appropriate manner.
  • Looking to join a vibrant, engaging team and participate in hotel wide activities.

This is a rare opportunity to join a wonderful British luxury brand, partnering the leadership team and playing a key role in its exciting growth plans.


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