Financial Controller
| Dyddiad hysbysebu: | 23 Rhagfyr 2025 |
|---|---|
| Cyflog: | £70,000 bob blwyddyn |
| Oriau: | Llawn Amser |
| Dyddiad cau: | 22 Ionawr 2026 |
| Lleoliad: | London, UK |
| Gweithio o bell: | Ar y safle yn unig |
| Cwmni: | KBC Associates |
| Math o swydd: | Parhaol |
| Cyfeirnod swydd: |
Crynodeb
POSITION TITLE:
Financial Controller
REPORTS TO:
Hotel General Manager and Group Financial Controller - Europe
DUTIES AND RESPONSIBILITIES:
General Accounting and Financial Controls
Ensure the accounting records of the entities are maintained
Ensure accurate booking in accordance with Local GAAP and accurate reporting in accordance with established guidelines
Oversee the daily operations of the finance department
Design, establish and maintain an organisational structure and staffing to effectively accomplish the department’s goals and objectives
Make sure the hotel is sticking to the business plan and to the budget approved by the Corporate Office
Ensure that procedures as set forth are duly implemented in the hotel
Monitor all revenues, payroll, costs and expenses through the joint signature of all commitments of the hotel with the General Manager
Direct proper authorisation and processing of all purchase orders, contracts and other commitments of the company in accordance with the procedures set out by the Corporate Office
Set out the proper administration of credit vetting procedures
Supervise and provide the needed support for accurate & timely billing of all recharges (Intercompany, Affiliates, Managed & Franchised)
Ensure timely receipt of Intercompany confirmations and investigate any discrepancy
Spot check the daily credit card reconciliation and ensure all refunds are properly authorized
Approve the creation of new AP, AR & GL accounts
Monthly Accounting Controls
Ensure a system is in place to either approve electronically via Sage all entries from the accounting employees or ensure a manual process is in place in case the electronic way is not available with our version of Sage
Approve / Post the daily the bank journal (Financial Ledger) and validate against the bank statement
Validate receipt of the daily cash in the bank
Approve / Post for approval the petty cash voucher
Approve / Post for approval the daily or monthly Income Journal / Grand Livre
Approve / Post for approval the month-end entries
Approve / Post the monthly payroll and ensure the payroll process is completed on time
Review accuracy of the P&L (i.e., costs are properly matched to revenue, costs are recorded in the proper accounts, …)
Review the final P&L and B/S with General Manager
Supervise and provide the needed support to the accounting for the monthly reconciliation of all balance sheet accounts
Review and approve the monthly reconciliation of all balance sheet accounts
Support the Chief Accountant to ensure that all open items in the balance sheet are resolved timely
Review the Employee Master Change Report
Review the Supplier Master Change Report
Perform monthly the Opera to Bank reconciliation for all cash related transactions
Perform monthly P&L reconciliations for all Payroll Related accounts
Monthly extract and save on the server the journal by cashier and transaction code report from Opera for all accounting employees and ensure that no transaction is listed on the report for the General Accountant and that the transactions listed for the Management Accountant are documented and approved by the Financial Controller
Budget and Reporting
Prepare all records and financial statements on a timely basis in accordance with instructions to report the actual & forecasted results as compared with the budget, last year and previous forecast
Manage / Validate the preparation of financials outlooks
Provide effective interpretation of these reports, highlighting meaningful variations in performance and drawing any relevant conclusion or inference to guide management to optimise the financial results of the hotel, and offer practical improvements methodologies to management
Recommend benchmarks for measuring the financial and operating performance of divisions and departments
Prepare the official annual reports of the company
Co-ordinate the preparation of / and edit the annual budget of the hotel according to the timetable given by the Corporate Office
Prepare / Distribute the reports set in the Recap Financial Reporting calendar
Cash Management
Manage the cash flow of the company in conjunction with the Corporate Office
Sign, jointly with the General Manager all payments from all of the hotel’s bank accounts
Issue cash flow statements and cash flow forecast as per reporting procedures
Review the floats counted on a quarterly basis and discuss variances with the HODs
Review the monthly overage & shortage report and discuss variances with the HODs
Support if needed with the collection of unpaid City Ledger, Other Receivables & Intercompany balance
Ensure a credit meeting is held on a monthly basis (A/R aging and PMs)
Assets and Stock Management
Ensure the proper keeping of the Assets register of the company, together with itemized depreciation charts at authorized depreciation rates
Ensure compliance with the policy and procedure in relation to capex submission, authorisation, expenditure and capitalisation as well as to disposal of assets
Monitor the capital planning process by assisting management with the calculation of return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating scope of work and specifications
Produce / Issue capex and renovation progress reports as per reporting procedures
Ensure that the regular physical count and valuation of all food, beverage, operating supplies and equipment inventories are done as per the procedures