Financial Controller – Hotel property – New Market on Fergus (Ireland) – Up to 70k euro

Job Summary by the careerbalance.co.uk Team:

82Job Description:

Financial Controller – Hotel property – New Market on Fergus (Ireland)- Up to 70k euro.

I’m working with a glorious property located on the west coast of Ireland, that is looking to hire a number two to the CFO.

The Financial Controller will assisting the Chief Financial Officer in the administration of all financial aspects of the hotel’s operation. To ensure that all policies and procedures are observed, and responsible for safeguarding the hotel assets and financial resources contributing towards maximizing hotel profitability.

Responsibilities

• Reviewing costs and implementing processes where savings can be made.
• Work closely with other hotel departments to ensure the HOD`s understand departmental KPIs.
• Review margins and highlight where improvements can be made.
• Preparation and review of weekly revenue & payroll forecasts – review of actual v forecast and preparation of weekly, monthly & year end forecasts.
• A leading involvement in the month end process.
• Champion weekly/daily meetings and interactions with Heads of Departments, being a true support to the hotel within all areas of accounts and finance
• Income Audit management to ensure accuracy, consistency, and completeness.
• Payroll management- weekly and monthly payroll including analysis and control.
• Debtors – regularly reviewing the Debtors Ledgers and PM Accounts to ensure tight controls on credit are being maintained and collection of debts are being collected on a timely basis
• Creditors- Oversee maintenance of the hotel’s purchasing system, reconciliation of creditor statements and dealing with supplier queries.
• Forecasting – Understand key trends, variances assessing current and future business risk ensuring that alternative strategies are put in place.
• Ensure all journals are processed and appropriately reviewed and reconciling all balance sheet control accounts including accruals and prepayments.
• Ensure the monthly Management Accounts are timely and show a fair reflection of trade.
• Assisting with the Internal & external Audit.
• Ensure that an effective program of Property Audit is in place and that corrective action is promptly taken.
• Budgeting – Assist in preparation of the numbers with the CFO & that they are logical and reflect the strategy of the property.
• Monitor and maintain adequate internal control over revenues, expenses, assets and liabilities of the resort (customer billing, payroll distribution, cash management, and contract review and compliance, etc.).

The Successful Applicant

• University degree – major in accounting or finance preferred. ACCA, ACA or CIMA are a plus but not essential.
• A finance professional with at least 5/10 years experience as an accountant in an hotel setting.
• Great Excel skill
• Superior knowledge of Hospitality Systems; Opera Cloud, Simphony, Procure Wizard, Alkimii

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Location: Ireland, Shetland Islands