Finance Analyst

Taylor Hawkes Ltd
30000.00 - 35000.00 GBP Annual
08 Aug 2017
16 Aug 2017
Contract Type
* Coordinate with each hotel on information required for procurement of utilities, insurance, business rates and other large operating costs (e.g. 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:
* Monthly Performance Report Summary
* Worksheet of Payments and Monies received from all Hotels
* YTD Summary Performance Report for all Hotel portfolios
* Owners Return Report
* FF&E Reserves Report for Total Portfolio
* Report on Cap Usage, AGOPs, Guarantee
* Payments worksheets for Blu Hotels
* Payments received worksheets for all hotels
* Regularly review all reports produced by the Hotels and Vision (Asset Managers).
* Liaise with Vison on reporting matters.
* Monthly Checks on Hotel figures: verify correct amounted used to fund FF&E Reserve, check if Hotel have charged correct amount of fees (Basic and Incentive Fees, Sales and Marketing, Advertising, Reservation charges), amount of cap Hotel has used etc.
* Assist in the analysis of annual business plan and operating budgets.
* Liaise with Vision and Hotels 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.g. Accounting, Procurement, Stock Front-of-House), and compare across the portfolio
* If contract, trace agreements to action 2 months before notice needs to be given.
* Analyse forecasting report for all Hotels.
* Payments of Owners Return, VAT, Guarantee and quarterly reconciliations for the Hotels.
* Assist line manager on all Hotel matters, as necessary,
* Daily rate checking for each Hotel in the portfolio.
* Daily update of department chase sheet.
* Daily update of project sheet.
* Ensure all hotel monthly P&L are correct and forward as required internally.

Experience, Skills & Other Essential Requirements:

* Bachelor's degree in accounting, finance or related area.
* Demonstrable analytic or auditing experience.
* Previous experience working within hotel/hospitality sector.
* Ability to produce detailed reports for revenue control plans and policies.
* Ability to analysis financial statements, contracts and business practices.