Derek Smith Email & Phone Number

Cardiff, Wales, United Kingdom

Management accounts, balance sheet reconciliation, manage cash flow, hotel sales forecasting & budgeting, payroll processing .......

Cardiff, United Kingdom

Perform daily business audit and banking.Manage a small Sales Ledger.Monthly petty cash returns.PW ordering system used for all purchases.Assist with various month end tasks.Process all sales and costs via uploads to Sun System.Perform bacs payment runs and allocating of direct debits.Manage bank account and upload weekly to Sun.Use Amadeus as our front office system and Maitre’D as our F&B pos system.

Pontypridd, Rhondda Cynon Taff, United Kingdom

Processed invoices for all departments within Trivallis.Used Sun System for all invoice processing/payments.Performed weekly bacs/cheque payment runs.Controlled all direct debit payments & matched to corresponding invoices.Worked within a team of 5 full/part time employees.

Cardiff

Payroll processing - using ADP Freedom & Ezlm Manager.Accounts Payable - using MPS purchasing system.Banking - daily reconciliation of all payments.Duty Management - one shift per week.Month end - journal entry of accruals etc...F&B stock results - monthly.Payroll Forecasts - weekly.

Cardiff

The Hotel is part of Millennium & Copthorne PLC and has over 20 hotels in the UK. I covered the above role on a short term casual basis. I worked as part of a small team of 3. Overview of my duties:- Processed hotel payroll including forecasted versus actual costing.- Assisted with the purchase ledger via a stock-in & stock-out system.- Performed daily banking and reconciliation.- Assisted with busy month end schedule and various journal entries.

I managed the accounting functions for both hotels within the IHG group. The hotels employed 60+ staff members in each property and they both had annual turnovers of approx £4 million. I was responsible for 5 team members (3 Gloucester & 2 Cardiff). My time was split equally between both properties. I reported in to a Cluster Financial controller based at Bristol.Overview of my duties:- Provided financial guidance and implementation of Hotel Budget and Key Performance Objectives.- Forecasted sales, wages and costs monthly and for remainder of year.- Prepared and review the reconciliation of the hotel Balance Sheets.- Reviewed monthly actual results against budget and last year and analyzed to recommend improvements.- Evaluated existing internal control measures and introduce best practices.- Managed internal and external audits.- Trained and developed my teams to deliver their full potential.- Calculated accruals and prepayments monthly and processed journals to produce full P&L.- Assisted external stock takers.- Attended and contributed to daily, weekly and monthly meetings.- Authorized all accounts payable documents daily.- Produced various monthly reports for trading reviews with the owners.- Communicated well with Head Office finance team based in Denham.- Reviewed benchmarking results to highlight any ongoing cost/expense issues.- Carried out Controlled Self Audits to ensure that IHG policies and procedures were adhered to.- Covered any roles during holiday or sickness periods.

The Holiday Inn was a single unit site. I reported to a Cluster Financial Controller based in Cardiff in the early years and finally reported to an Area Financial Controller based in Denham who oversaw 26 properties. I managed 2 full time staff that covered income control, payroll, accounts payable and sales ledger.Overview of my duties:- Worked with the General Manager and Financial Controller in the production of the annual budget.- Produced weekly, monthly and rest of year forecasts.- Analyzed actual monthly results against both budget and last year.- Assisted with any internal or external auditors.- Ensured best practices in place to assist the income audit control.- Reconciled balance sheet on a monthly basis.- Trained and developed team to be multi-skilled.- Communicated well with all Heads of Department.- Attended daily, weekly and monthly meetings.- Covered any roles during holiday or sickness periods.- Reviewed costs regularly to highlight any areas for improvement.- Performed weekly sales versus wage cost reviews to keep within budget.- Authorized all accounts payable payments.- Carried out Controlled Self Audits to ensure that IHG policies and procedures were adhered to.- Calculated accruals, stock evaluations and prepayments for month end close.- Produced a full P&L monthly and reviewed all variances.

Mathematics, Statistics & Computing, H N D

Mathematics, A Level Grade