Management Accountant

Castlebridge Hospitality is a privately-owned hotel group with over 30 years’ experience in developing, owning and operating both internationally and privately branded hotels in the UK and Europe, the company manages all hotel stages: from design and construction to opening and operation.

Currently managing 851 bedrooms, Castlebridge Hospitality offers a full operational solution. We implement effective systems and controls, ensure a smooth opening and then manage growth to maximise owners’ long term returns.

We have four IHG Hotel Indigo Hotels in our current portfolio: Hotel Indigo Bath, Hotel Indigo Chester, Hotel Indigo Stratford upon Avon and our most recent addition Hotel Indigo Coventry. We also have the Hilton Garden Inn at Birmingham Airport and the voco Winchester Hotel and Spa in our portfolio.

You’ll assist the Group Finance Manager to deliver a first class finance function giving financial clarity on the performance of both the hotels and the hotel management companies operated by the group; and building a culture and financial platform that can accommodate growth as the group seeks to expand its operations in both hotel ownership and hotel management.

Financial Returns

• Ensure suitable controls are established for all key financial processes in the hotels and are applied consistently across the business to this process
• Manage cash up issues so that they are fully understood and differences are sorted on a real time basis
• Assist in delivery of weekly reporting of gross margin and contribution in all hotels on a timely basis, so giving us reliable output on food and beverages gross margin and food and beverage payroll costs
• Manage the monthly reporting process to ensure that trading reports for both the hotels and hotel management companies are produced on a timely and accurate basis, including a review of the balance sheets for each business
• Keep the cash flow forecasts up to date and identify and report in advance any cash flow blips that require or are likely to require funding
• Ensure debtors and creditors are effectively managed throughout the business, most notably for trade debtors and trade creditors in the hotel operating companies and the hotel management companies
• Work with the hotel accountants to deliver effective creditor management so all suppliers are paid fairly on a timely basis, and that we have effective control over supplier statement reconciliations giving clarity to the payment process for all parties
• Identify opportunities for improved cost control and efficiencies in each business as we seek to maximise profit from each company
• Help ensure all systems in place throughout the company are used to their maximum potential, and constantly assess the viability and appropriateness of all systems to ensure the changing needs of the company are consistently met
• Assist the Finance Director and Group Finance Manager in the management of company cash flow through effective management of all working capital accounts
• Work with the Finance Director and Group Finance Manager to continually improve the Finance function, making sure the work is performed efficiently and the relevance and commercial value of its outputs is maintained and developed

People

• Work with the Group Finance Manager to ensure the hotel teams have all the necessary tools and understanding required to manage the finance work that we require at each hotel
• Make sure the hotel teams are adequately trained to manage all the finance systems that we require the hotels to operate
• Manage the Hotel Accountants and Group Finance Assistant based in head office, and ensure their development helps them both meet their personal objectives and also delivers value to the company
• Promote a service-orientated Finance function so that the hotels are viewed as the internal customer. All changes should be delivered effectively into the hotels with full communication, understanding and acceptance prior to roll-out
• Take a lead role in training any new members of the team, in both the hotels and head office, in the processes required as part of the financial disciplines of Castlebridge Hospitality

Responsible Business

• Make sure full reconciliations of bank accounts, creditors and debtors are completed on a timely basis each month
• Deliver management accounts for all companies to an agreed timetable with clarity over responsibilities, including the hotel operating companies and the hotel management companies
• Make sure all key processes are documented to ensure that they can be followed and adhered to by all teams
• Liaise with external auditors for all group companies to ensure the audit process runs smoothly and financial accounts are completed and filed on a timely basis
• Oversee all of the outputs of the finance function in the absence of the Group Finance Manager

Benefits:

• 33 days holiday (pro rata)
• Private Healthcare via Vitality
• Discounted hotel stays for you and your friends and family, so everyone can enjoy a break away
• 50% off food & beverage when visiting our hotels
• Prioritised health and wellbeing initiatives
• HSF healthcare cash plan with access to Perkbox
• Refer a friend bonus payment scheme