Financial Manager

Cape Town, WC, ZA, South Africa

Job Description

Job Advert Summary




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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Job Detail

  • Job Id
    JD1474301
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Cape Town, WC, ZA, South Africa
  • Education
    Not mentioned