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HYATT REGENCY LONDON ALBERT EMBANKMENT Logo

Finance Assistant

316a794

London, England

2 days ago

25000 - 27000 GBP ANNUAL

HYATT REGENCY LONDON ALBERT EMBANKMENT


Job Description

Our stylish hotel which boasts inimitable river views and is situated between Lambeth and Vauxhall bridges, just south of the river. The hotel hosts 142 bedrooms.

At Hyatt London – Albert Embankment we look for people who are dynamic, confident, and ambitious; people who excel in their role and help our guests succeed too. We are currently seeking an enthusiastic and open-minded Finance Assistant to join our small and friendly team.

The role of the Finance Assistant will be to process all supplier invoices received into the Hotel Accounting system, processing of supplier pay run’s, statement reconciliation and assist with month end closing. Also, Responsible for ensuring that hotel revenues are correctly accounted, losses minimised, Revenue Audit procedures are followed and update the procedure as and when required.

Main Responsibilities:

· Conversant with Hotel Accounting Manual and USALI system of accounts.

· Daily revenue reconciliations are completed in line with the company’s procedures.

· Daily banking is reconciled, and variances followed up with Operations.

· Revenue journals are posted daily and reconciled weekly with POS systems.

· Petty cash & credit card expenditure is correctly authorised and kept to a minimum.

· Bank receipts are posted onto the sales ledger and reconciled against invoices sent.

· Ensure bank reconciliations are carried out on a weekly basis and balanced to nominal ledger.

· Maintain proper filing and record retention

· Support new systems implementation as necessary

· Additional ad-hoc duties as requested

· To review emails on the daily basis, printing invoices and statements and responding to supplier queries.

· To ensure all documents received into the accounts department are stamped with receiving date.

· To fully understand the PO raising procedure, timing, approval requirements and to be the point of contact within the Hotel for HOD’s to question.

· Processing and matching of all supplier invoices with delivery note and PO and then inputting onto the Accounting System and coding to the General Ledger.

· To have a working knowledge of VAT and subsequent processing of VAT in the Accounting system.

· Ensure that all goods / service have been received by the Purchasing department and PO updated accordingly.

· Prepare supplier Bacs payment run on a weekly basis and processing of remittances to suppliers.

· Following up with suppliers on any invoicing discrepancies and requesting of credit notes.

Systems, Knowledge & Experience:

· Opera/Micros/Excel experience

· Previous high-end 4 or 5 star hotel experience in a similar role

· Experience in hospitality Income Audit/Banking

· Ability to work independently and with little supervision.

· Open to changes in processes/procedures

Key Requirements:

You will be a positive, enthusiastic and resourceful individual with excellent verbal and written communication skills and a proven ability to plan, prioritise, multi task and self manage, without constant supervision. Flexibility, adaptability and attention to detail are also key requirements of the role.

What we offer:

· Competitive salary.

· Meals on duty.

· Uniform and dry cleaning.

· Employee discounts across Hyatt Hotels

· Career Progression to everybody who wants to grow and develop within the company or industry.

· The opportunity to be part of a fantastic team and working for a Brand defining Hotel.

· 28 Annual Holidays (included Bank Holiday).

· Pension Scheme.

Job Types: Full-time, Permanent, Temporary contract

Salary: £25,000.00-£27,000.00 per year

Benefits:

Schedule:

Supplemental pay types:

Ability to commute/relocate:

Experience:

Work Location: One location


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