Manager Reporting & Accounting in an ambitious and rapidly expanding company in the Hospitality Business
The position
The Manager Reporting & Accounting you will work closely with the CFO. The role is specified as a broad reporting and technical accounting role in a hands-on, business minded and entrepreneurial environment with a lot of interaction within and outside the Group. In this position you will have a crucial role in improving the quality of the financial reporting, consolidation, management reporting, accounting and tax. As the CFO’s right hand, you will be involved in the decision making of the company. The Manager Reporting & Accounting should have experience with taking ownership of financial processes and the improvement of these processes. Each hotel of the Group is unique and has its specific characteristics, but the financial reporting and financial KPI’s of these hotels should be reported and represented in a similar way so the board can interpret them accurately and base its decisions on these figures.
The Group is expanding and the responsibilities and tasks that come with this role also change constantly. Therefore, flexibility is asked within this role. Borealis has hotels in different countries (Belgium, France, Netherlands, Spain and more recently Austria and Germany) hence it is important that you master the English language. The position also asks for autonomy; you should be able to make you own decisions and take responsibility.
Other tasks and responsibilities:
- Responsible for the financial consolidation and reporting of the group on a monthly, quarterly and annual basis
- Coordinate and communicate with the local finance teams to ensure timely, accurate and complete reporting of financial information
- Responsible for preparing and updating of cashflow and budgeting forecasts of the group
- Responsible for the communication and fluent interaction with the Group’s auditors (both in NL and outside NL)
- Communicating and cooperating with tax advisors in different countries
- Support with mergers & acquisition projects, strategic analyzes, business cases and investment decisions
- Manage monthly closing process, including reconciliations and analysis of related accounts
- Responsible for preparation of statutory financial statements
- Responsible for defining, implementing and ensuring compliance of group accounting policies
- Support and advise on external audits to be performed
- Part of different optimalization projects
Profile
- Master’s degree in Accounting/Economics or related education, post qualification is a plus
- 6+ years experience in accounting, financial control, reporting, consolidation and monthly closing
- Strong technical accounting knowledge, NL GAAP/IFRS and preferably (group) consolidation/reporting experience
- Pragmatic, solution-driven, analytical mindset, integer, focused, disciplined, independent, proactive, hands on and accurate
- Excellent analytical skills using current spreadsheet or business intelligence tools
- Extensive experience with Excel and consolidation software
- Fluent in English and Dutch
- Strong communicative team player and good co-operator
- Operated within an international environment
- Experience with portfolio-management
- A flexible attitude to work
About the company
Borealis Hotel Group focuses on developing, owning, and managing hotels across continental Europe. It does so in close cooperation with a number of internationally well-established brands by IHG (InterContinental Hotels Group), Hilton, Accor, Marriott and Hyatt – operating in both the full- as well as focused-service market segments. Predominantly, Borealis handles turn-key hotel development projects (upwards of 80-keys) in high-traffic locations with good transportation links, serving both corporate and leisure demand, across the Continent. Growth happens either through outright acquisition or organically via long-term leases.
Since 1997, Borealis is actively involved in the day-to-day running and asset management of the hotels and has built and developed a strong track record. This was also proven by the sale of its subsidiary the Vincent Hotel Group to Westmont Hospitality in 2015. After the sale the organisation broadened its horizon, looking to establish a new European portfolio, which was expedited with the welcoming of a minority investor Three Hills Capital Partner (THCP) end of 2019.
Backed by Three Hills Capital and its founding shareholders Bart van de Kamp and Lodewijk van der Meulen, Borealis opened 10 hotels, created a solid secured pipeline of hotels under construction and successfully navigated through Covid. To accelerate its growth Borealis has very recently welcomed an additional minority investor Atlantic Park (AP) and in parallel acquired a company of similar size with a portfolio in the DACH region to further continue its growth path to become a true pan-European market leader in the hotel industry. The company had a results driven mentality with people who have a passion for hospitality industry.
Offer
When you start working for Borealis you will get the opportunity to work within a growing company in an international setting. You have the chance to develop yourself to the next level in the world of Finance. This job requires lots of autonomy and therefore the change to step up and take responsibility.
