The Financial Manager will be responsible for the full financial function of the hotel, ensuring the integrity, accuracy, and compliance of financial reporting. This role plays a strategic part in budgeting, forecasting, cost control, and supporting executive management in financial decision-making to optimize the hotel's profitability
Minimum Requirements
Bachelor's degree in finance, Accounting, or a related field (essential)
Completed SAICA/SAIPA/CIMA articles or equivalent (preferred)
Minimum 5 years of financial management experience, leading a team, with at least 3 years in the hospitality industry
Proficiency in financial software (e.g.: SAGE EVO, SAGE Intacct)
Advanced skills in MS Excel
Experience with hotel Property Management Systems (e.g.: Opera, Micros, or similar) is advantageous
Strong knowledge of South African tax laws and hospitality industry regulations
High attention to detail and accuracy
Strong leadership and team management skills
Analytical mindset with sound commercial acumen and problem solving
Excellent communication and interpersonal skills
Ability to work under pressure and meet deadlines
Integrity and ethical judgment
Duties and Responsibilities
Financial Management & Reporting
Oversee day-to-day finance operations including accounts payable/receivable, general ledger, cash flow, and payroll
Post month end journals
Prepare monthly management accounts and variance analyses
Prepare audit ready Trial Balance
Ensure timely and accurate submission of financial reports to stakeholders
Prepare/Review weekly/monthly payment schedules
Review daily / monthly finance reconciliations and ensure accuracy and completeness of all balance sheet accounts
Budgeting & Forecasting
Develop annual budgets in collaboration with department heads
Prepare updated forecast throughout the financial year to track performance
Monitor financial performance against budgets and forecasts, and proactively address variances
Compliance & Controls
Ensure compliance with statutory regulations on monthly and annual basis (e.g., SARS: VAT, EMPs, Provisional Tax submission)
Maintain internal controls and financial policies in line with hospitality industry best practices and finance SOPs as provided by Head Office.
Coordinate internal and external audits
Cost Control & Revenue Optimization
Analyse revenue and expenditure trends, recommending improvements where necessary
Work closely with operational teams to manage costs in line with budget
Monitor stock control processes
Team Leadership
Lead and mentor the finance team
Provide financial guidance to department managers
* Foster a culture of accountability and continuous improvement
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