Finance Analyst

Location
England, London, City of London
Salary
£30000 - £35000 per annum
Posted
22 Jun 2018
Closes
29 Jun 2018
Ref
U19H694
Contact
Dominic Davies
Job Title
Accountant
Experience Levels
Entry Level
Contract Type
Permanent
Hours
Full Time

Finance Analyst - Real Estate - Our Client is an established commercial and residential investment company. They own and manage a range of properties including hotels, offices, industrial, retail space as well as a number of residential units across London and Home Counties. They are now seeking an experienced Finance Analyst to join their prestigious accounting and internal audit team and focus specifically on their hotels portfolio.

 

The Role:

  • Coordinate with each hotel on information required for procurement of utilities, insurance, business rates and other large operating costs (e. housekeeping).
  • Monitor actual spend for reserve fund each month, and balances of FF&E Reserves for each hotel.
  • Review capital plan for each hotel to see what they intend to spend in the 6 - 12 months. Evaluate necessity of expenditure with line management team and pass on for procurement.
  • Analysis and review of management, lease and other agreements.
  • Advising line manager on all hotel reports and summaries.
  • Summarize key points for line manager to raise at monthly owners meeting.
  • Prepare regular summary hotel reports for performance summary, payments and monies received, and owners return.
  • Regularly review all reports produced by the Asset Managers and liaise on reporting matters.
  • Monthly Checks on Hotel figures and verify correct amounted used to fund FF&E Reserve, amount of cap Hotel has used etc.
  • Assist in the analysis of annual business plan and operating budgets.
  • Liaise with Asset Managers to obtain information for internal audit/analysis of Hotel Expenditure.
  • Complete master excel worksheet summary of all Hotel agreements/works with expiration dates and notice periods.
  • Maintain master template for each Hotel
  • Collect, organise and enter into Master Template copies of Hotel Invoices, that should cover everything that Hotel is spending.
  • Compare against Hotel Management Accounts to ensure that all costs are accounted for.
  • Prepare summary of all Hotel systems (e. Accounting, Procurement, Stock Front-of-House), and compare across the portfolio.
  • Analyse forecasting report for all Hotels.
  • Payments of Owners Return, VAT, Guarantee and quarterly reconciliations for the Hotels.
  • Daily rate checking for each Hotel in the portfolio.
  • Daily update of department chase sheet and project sheet.
  • Ensure all hotel monthly P&L are correct and forward as required internally.

 

The Person: To apply, you MUST possess a Bachelor's degree in accounting, finance or related area and demonstrable analytic or auditing experience. The ideal candidate will have previous experience working within hotel/hospitality sector as well as the ability to produce detailed reports for revenue control plans and policies, and the ability to analysis financial statements, contracts and business practices. This is an excellent opportunity to join a highly commercial and fast-moving private business.

Please visit our website to view all our vacancies. Follow us on Twitter or on LinkedIn or like us on Facebook

 

Please note that due to volume we cannot get back to everyone, however every application is looked at and considered and will be held on Trident International's database for review. If you have not heard back from us within 5 working days you should assume your initial application has been unsuccessful, however if suitable roles arise in the future we will make every effort to contact you. By applying for this job, you accept the Privacy Policy and Disclaimers which can be found at