MGM Muthu Hotels
Assistant Finance Manager || MGM Muthu Hotels || Glasgow, UK
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Company Description
MGM Muthu Hotels is one of Europe’s leading leisure groups, offering resorts across the Algarve, Madeira, Almeria, Tenerife, Cuba, the United Kingdom, and expanding into India and Africa, along with a recent acquisition in Lourdes, France. The group provides affordable luxury through both self-catering and all-inclusive accommodations, appealing to a broad range of guests. With extensive facilities, the hotels serve business and leisure travelers, aiming to deliver more than a simple place to stay. MGM Muthu Hotels is committed to high standards, quality, flexibility, and choice, which has built a strong base of returning guests and new visitors. The company strives to be “the best of the best,” focusing on excellent holiday experiences and consistent service.
Role Description
The Assistant Manager Finance role at MGM Muthu Hotels is a full-time, on-site position based in Glasgow, supporting the hotel’s financial operations.
Key Responsibilities
- Financial Reporting & Analysis
- Assist in the preparation of monthly management accounts, financial reports, and variance analysis.
- Support month-end and year-end closing activities, ensuring timely and accurate reporting.
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Budgeting & Cost Control
- Support budgeting, forecasting, and financial planning processes.
- Monitor revenue, expenses, payroll costs, and departmental budgets to ensure effective cost management.
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Accounts & Cash Flow Management
- Assist in managing accounts payable, accounts receivable, cash flow, and working capital requirements.
- Review bank reconciliations, balance sheet reconciliations, and general ledger transactions.
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Compliance & Audit Support
- Ensure compliance with company policies, accounting standards, and statutory requirements.
- Support internal and external audits by preparing and providing required financial documentation.
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Financial Controls & Business Support
- Monitor financial controls and identify opportunities for process improvements and operational efficiencies.
- Collaborate with operational departments to improve financial awareness, inventory control, procurement oversight, and asset management.
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Key Requirements
- Minimum 3–5 years of experience in finance, accounting, or financial reporting roles.
- Strong understanding of accounting principles, financial reporting, budgeting, and cost control.
- Experience in preparing management accounts and financial analysis.
- Proficiency in Microsoft Excel and financial/accounting software.
- Strong analytical, problem-solving, and organizational skills.
- Excellent attention to detail and accuracy.
- Ability to manage multiple priorities and meet reporting deadlines.
- Strong communication and stakeholder management skills.
Preferred Qualifications
- Bachelor's Degree in Finance, Accounting, Commerce, or a related field.
- Part-qualified or qualified ACCA, CIMA, ACA, CPA, or equivalent professional certification.
- Previous experience within the hospitality, hotel, leisure, or service industry is preferred.
- Experience working with accounting systems, ERP platforms, and hospitality finance software.
- Knowledge of UK accounting standards, taxation, and statutory compliance requirements.
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