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Hotels Deputy Controller
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Hotels Deputy Controller
About Schroders Group
Schroders is a leading provider of active asset management, advisory and wealth management services and is widely recognised as a leader in sustainability. Few investment managers can match the combination of capabilities and global reach that Schroders offers. This breadth of services across public and private markets allows for distinctive solutions for the diverse needs of clients, who look to Schroders to provide superior long-term investment outcomes.
About Schroders Capital
Schroders Capital is the private markets business of Schroders with $111bn of AUM. We work as a global network of specialised, entrepreneurial teams. We combine a global perspective with local market expertise to serve institutional and private wealth clients. Our offering spans the private markets universe and provides access to unique capabilities across private debt and credit alternatives, real estate equity, private equity, and infrastructure equity.
The firm has deep expertise in creating bespoke solutions for institutional clients and is committed to providing scalable capabilities across the spectrum of risk, return and sustainability and impact objectives.
Supported by the resources, experience, and institutional framework of one of the world's leading asset managers, Schroders Capital is dedicated to helping investors achieve their goals and is at the forefront of product innovation to meet the evolving needs of investors.
We see our role as being a driver of positive change drawing on deep skills to select, acquire, and improve the assets we own.
Who we're looking for / The team
Schroders is seeking a controller to oversee a portfolio of several hotels (mainly 4 and 5 stars) both in France and across Europe. The successful candidate will be in charge of monthly reportings, reforecasts, budgets on her/his portfolio, but also of less usual assignments like cash forecasts, benchmarks or hotels valuations.
This is an excellent opportunity to develop its controlling and finance skills in a very motivating environment composed of amazing hotels. You will work closely with multidisciplinary teams as finance business partner, ensuring that your outputs meet the deadlines and expected quality.
The ideal candidate will thrive in an international environment and is motivated to take an active role in adding value to our asset portfolio as part of a leading asset management group.
What you'll do
As Hotels Deputy Controller, you will oversee a portfolio of several hotels, mainly 4 and 5 stars in Europe. You will notably perform the following tasks:
Prepare monthly reporting for the hotels in your portfolio.
Pay particular attention to cash flow monitoring and cash projections.
Play a key role in the annual budgeting process for each hotel, as well as the reforecasts during the year.
Carry out ad hoc studies (e.g. benchmarks, improving accommodation margin, investigating excessive food costs, etc.).
Interact with Financial Managers of the hotels, the Asset Management and Real Estate Schroders teams, as well as auditors and external accountants.
Support the Investment team during the acquisitions & disposals process (final price calculations, data rooms, etc…) and on valuations.
Bank relations (support in refinancing, banking covenants, specific reporting).
Investors relations (ad hoc meetings preparations and presentations).
Be the key contact and coordinator regarding the hotels' insurances.
Participate in legal and administrative follow-up, including some supplier payments.
You will be part of the controlling team (8 persons), report to a Controller Manager and be based in Paris (8th), with a few travels to your hotels per year. Half of the assets are based in France and the remainder located in Italy, Poland, Belgium, Germany, Spain, the Netherlands, Scotland, and England.
The knowledge, experience and qualifications that will help
Business School and/or Hotel School Degree ('Bac + 5')
At least one year significant experience in controlling
Knowledge in corporate finance, accounting & legal
Experience in hospitality is a plus, strong interest for hospitality is a must
Native French and fluent English
What you'll be like
Rigorous and organised
Responsive and deadline compliant
Autonomous, curious and adaptable
Good listening skills
Teamwork player
We recognise potential, whoever you are
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
