Loungers is a substantial and growing operator in the UK hospitality sector, operating over 250 sites in England and Wales across three distinct but complementary brands, Lounges, Cosy Club, and Brightside. Founded in 2002 by three friends who wanted to create a neighbourhood caf-bar that they would want to go to, the Group is now the only growing all-day operator of scale in the UK and has consistently outperformed the wider UK hospitality sector over the past three years. Despite being the fastest growing caf/restaurant group in the Country, Loungers has retained its entrepreneurial spirit and quirky 'Loungey' local community atmosphere.
The role in a nutshell
The role will involve working in a team of five to help accurately maintain the accounting ledgers of the company, produce the period end management accounts and work with key stakeholders in the business to help them understand and control costs.
As a Management Accountant, your main responsibilities will include:
Working as part of the Management Accounts team to close period end reporting taking responsibility for the accuracy and completeness of your allocated areas
Preparing and posting of journals for site costs
Investigating variances and high value spends
Partnering with non-finance stakeholders to aid understanding of cost levels and identify and propose potential savings
Managing period end and mid-period GP reporting for 250+ sites
Delivering fixed cost analysis and preparing turnover rent calculations where applicable
Leading annual budgets and re-forecasts for your allocated areas
Ensuring balance sheet reconciliations are completed and any reconciling items are investigated and any necessary adjustments are made in a timely fashion
Identifying areas of improvement and efficiency, adopting best practice and automation if possible
Supporting on systems projects such as new reporting software
Assisting with the annual audit
Skills and experience required
Qualified (CIMA / ACCA / ACA), ideally with experience in multi-site hospitality / retail
Good working knowledge of accounting practice and double entry bookkeeping
Excellent analytical and communication skills with the ability to communicate effectively with a range of stakeholders
An aptitude for general IT, but specifically advanced Excel, Power BI and automation
Ability to take on multiple tasks and queries
Positive, proactive and logical approach to work - happy to challenge the status quo
Willingness to take on challenges in a fast-moving environment
Curious mindset with a focus on continuous improvement
Experience with Access Dimensions preferred but not essential
What's in it For You
Vibrant office in the centre of Bristol
You will work from our Bristol office 4 days a week and have the option of 1 day working from home
A culture that appreciates ideas and celebrates individuality
Founder-led business - we might have >250 sites, but we still maintain an entrepreneurial spirit through everything we do
50% off food at all Lounges, Cosy Clubs and Brightsides
Up to 10% bonus
Pension contribution
24/7 mental health support
Amazing events including LoungeFest - our annual company festival - Christmas parties and more
* We want to work with nice people so if you want to work hard, have fun and be part of the Loungers ride, we'd love to have you.
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