Financial Controller
Thistle Euston
مجموع سنوات الخبرة :21 years, 10 أشهر
• Responsible for all Accounting & Financial matters of Hotel and contribute towards achieving profit plan.
• Make sure period end is completed on timely manners and interpret any variances to budget and variance in P&L.
• Reconcile Balance Sheet in accordance with company standards.
• Prepare a revise Forecast for the rest of the year after the period end.
• Ensure accounting policies comply with the relevant accounting standards and group policies are followed.
• Supervise all financial records are kept accurately and securely and in line with legislative requirements
• Maximise Cash Flow performance through debtors’ collection in order to achieve DSO targets.
• Manage a team of 4 and conduct yearly staff appraisals to review past performance and set future development plans.
• Analysis departmental expenditures, GOP% against budget to identify areas to ensure cost effectiveness and accurate forecast are submitted to meet budget.
• Attend all departmental meetings and give updates on financial position of each department and the hotel.
• Review operating and capital expenditures.
• Prepare monthly Journals including Accruals and Prepayment schedules.
• Liaise with Area FC and GM for various reporting and to undertake ad-hoc tasks.
A very centrally Head Office role, which closely involve with all matters of the hotel commercially, operationally and financially.
• Reconcile all incomes and Refund Control Sheets to make sure all revenues are posted correctly in Opera.
• Analysis monthly income statements received from Sofia and interpreting any variances to budget. Present to MD for approval.
• Provide assistance to other sister hotels within the group at Head Office level.
• Involve in rate strategy and competitor analysis twice a week.
• Supervise that all financial records are kept accurately and securely and in line with legislative requirements
• Ensure and supervising that financial policies are being adhered to as set out in the company financial guidelines.
• Analysis departmental expenditures, GOP% against budget to identify areas to ensure cost effectiveness and accurate forecast are submitted to meet budget.
• VAT return, Muncipal Tax and City Tax on monhly basis as per Bulgarian Law
• GRR submision of all qualifying revenues to IHG on timely manner.
• IHG payments of all Priority Club members stayed on qualify rates, comission etc. on monthly basis.
• Process all payments received from Sofia and present to MD for final approval.
• Responsible for all Accounting & Financial matters of UMI Hotel London and contribute towards achieving profit plan.
• Produce monthly income statement and interpreting any variances to budget
• Reconcile General Ledger and maintain Balance Sheet in accordance with company standards
• Develop and maintain thorough financial procedures for the organization including staff payroll, Inland Revenue, National Insurance and pension systems, invoice/payments etc.
• Ensure accounting policies comply with the relevant accounting standards and that group policies are followed.
• Supervise that all financial records are kept accurately and securely and in line with legislative requirements
• Maximise Cash Flow performance through debtors’ collection in order to achieve DSO targets
• Ensure and supervising that financial policies are being adhered to as set out in the company financial guidelines.
• Analysis departmental expenditures, GOP% against budget to identify areas to ensure cost effectiveness and accurate forecast are submitted to meet budget
• Manage staff in line with company’s policies, procedures and ethos
• Supervise member of team to make sure daily tasks are up to date and there is no backlogging.
• Prepare Audit file and liaise with auditors to answer their queries
• Bank Reconciliation
• Attend all departmental meetings and give updates on financial position of each department and the hotel.
• Review operating and capital expenditures.
• Process, prepare and post the payroll journal
• Prepare different Management analysis reports
• Prepare 3 month forecast on monthly roll over basis.
• Prepare monthly Journals including Accruals and Prepayment schedules
• Liaise with each HOD to prepare annual budget for the hotel and present to Head Office
• Maintain Year end procedures
• Liaise with Lowy Group FC and GM to for various reporting and to undertake ad-hoc tasks
Accounts Payable related duties
Auditing related duties
Completed Certificate in Business Accounting
Completed with some of the following modules; - Financial Risk Management - Financial Treasury Management - Corporate Finance - Development Finance - Business Economics etc
6 months internship in Excelsior Hotel Geneva
Completed 3 month internship in Allied Bank Pld