An exciting opportunity has arisen to join a private company that can trace its origins back to 1079. We are proud of nearly a thousand years of history. Sir Richard Sutton limited (SRSL) manages and owns a portfolio of trading assets and businesses in the hotels, property and farming sectors.
We work with our people, partners and stakeholders to ensure that these values are integral to our relationships.
This is a newly created position, and the vacancy has arisen due to centralizing the hotels finance functions
Company Purpose: As honourable long-term custodians we protect the heritage created over past centuries and with integrity enhance the legacy for future generations.
Our core objectives are to:
1. Manage the portfolio of assets and businesses in a responsible and sustainable way, being fully accountable to the stakeholders and running the company in a way that fully considers all interests.
2. Develop and grow our trading business interests in Hotels, Hotels and Farming.
3. Preserve and enhance the capital values for the benefit of future generations.
4. Optimise the level of income to meet current stakeholder requirements and provide sufficient funds for reallocation at an acceptable level of risk and income security.
5. Be a great place to work where employee loyalty, trust and dedication is encouraged, properly appreciated and rewarded.
SRSL has a long heritage that provides a remarkable foundation upon which we base a contemporary and forward looking business that can respond swiftly to the changing needs of our customers and markets.
Job Title: Hotels Revenue Accountant
Reports To: Hotels Director of Finance
Location : London ( 3 days in the office and 2 days flexible working )
Salary : £55,000 ( based on experience)
Job Purpose:
To manage the financial records of our hotels with regards to revenue and income. This includes tracking and analysing financial data, preparing financial reports, and ensuring that the hotels are in compliance with applicable laws and regulations, ensuring accuracy of the financial information and providing advice and guidance on how to maximize its revenue.
Key Responsibilities:
* Record and report revenue transactions in compliance with accounting principles and regulations
* Identify and analyse revenue-related issues and recommend solutions
* Prepare and maintain revenue schedules and reports
* Review and analyse revenue data for accuracy and completeness
* Ensure that revenue is recognised in accordance with the company’s revenue recognition policy
* Collaborate with cross-functional teams to ensure accurate and timely revenue recognition
* Assist with the preparation of financial statements and reports
* Ensure compliance with internal controls and accounting policies
* Continuously update job knowledge by participating in educational opportunities, reading professional publications, and participating in professional organisations.
* Reconcile trade receivables aging
* Daily transfer of revenue from PMS into Netsuite on daily basis working closely with Finance Assistants
* Full ownership of P&L from revenue perspective
* Attend P&L reviews with hotels team and GMs
* Use segment analysis to provide insight and projections, as well as harnessing analytics software e.g. PMS such as Infor
Skills and Qualifications:
* Proficient in Microsoft Office, particularly Word, Excel and PowerPoint
* Advanced Microsoft Excel skills.
* Demonstrable experience of building complex reports in Excel.
* Qualified accountant (ACA, ACCA, CIMA, or equivalent) or studying towards recognised accounting qualification with at least five years experience
* Experience of working with large data sets.
* Experience of developing and completing analysis projects
* Experience presenting analysis and driving actions from insights
* Knowledge of using Netsuite or Fairmas or any relevant reporting tool
* Attention to detail, taking ownership for accuracy of output
* Ability to work to tight deadlines and prioritise work effectively
* Excellent communication skills and organised, with attention to detail
* Good understanding of hospitality commercial analysis and statistics
* Exposure to Hospitality industry will be beneficial
* Experience of creating, recording, maintaining controls and governance eg P2P (procure to pay), R2R (record to report) and O2C (order to cash)
Key Relationships: Hotels General Manager, HODs and Group Finance Team
Performance Metrics:
* EBITDA improvement
* Revenue growth
* Optimise hotels finance and accounting process
* Revenue variance analyses
Working Conditions: Flexible work opportunities in any of our hotels or London service centre
Additional Information:
* Online learning tools to help you develop, learn and grow
* Reduced room rates for employees as well as friends and family members
* Access to our Employee Assistance Line to support your Mental Health and Wellbeing