Financial Operations Manager

The Perfect Placements; Cape Town; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A well-established hospitality group in South Africa is seeking a Financial Operations Manager to oversee financial performance, controls, and team management. The role requires strong financial management skills, stakeholder engagement, and the ability to improve operational standards. The position is onsite and reports to multiple executives.

Benefits

Benefits

Qualifications

• At least 5 years’ experience in a general financial management environment.
• Experience in a hospitality/gaming environment an advantage.

Responsibilities

• Manage financial performance and controls for the business unit.
• Compile and manage a risk register according to standards.
• Oversee financial audits and compliance with procedures.

Skills

Financial Management

Stakeholder Management

Risk Analysis

Process Improvement

Education

B.Com Honours (CTA)

Chartered Accountant Registration

Job description

We have been retained by a well-established hospitality group in South Africa. They are looking to strengthen their team by adding a Financial Operations Manager who will be responsible for the effective day-to-day management of the business unit’s financial performance, financial controls, fiscal discipline and finance team with specific regard to achieving business profitability and improving financial operational standards.

This is an onsite role and will report to multiple executives.

Responsibilities included but not limited to:

• Understand the Group Financial strategy and budgets and align Unit objectives and targets accordingly
• Develop objectives for the Unit’s finance deliverables
• Facilitate the management and achievement of Financial deliverables
• Direct financial analyses and benchmark with leading financial trends and practice
• Identify and investigate new financial opportunities for the property
• Direct risk analyses i.t.o impact on short term profit margins vs. long term sustainability
• Compile and manage a risk register for the business unit according to group and unit standards
• Co-ordinate internal and external financial audits
• Oversee financial standards and processes at a unit level
• Integrates Group and SSC standards into Unit Operations
• Develop, align and update practices with new legislative and tax regulations
• Implement sufficient control measures (including systems and processes) & checks within each department to mitigate any financial risk to the business.
• Monitor compliance to financial procedures, costs, controls and productivities
• Continuous focus on improving processes within the unit
• Complete relevant statutory returns that fall outside the scope of the SSC
• Complete Annual Insurance declaration accurately according to unit financial position and requirements.
• Oversee the recording and delivery of financial transactions using the services of the SSC for all financial functions on the property to ensure the financial position of the unit is accurate and up-to-date
• Oversee the recording and delivery of the Cashiering and Casino Administration functions
• Ensure that the services provided by the SSC are in line with SLAs and that the accounting is accurate and complete.
• Ensure that the input required by the SSC from the business unit is in line with SLA, and is accurate and complete
• Investigate unusual variances relative to budget and previous year
• Conduct an analysis of business results and identify relative trends to ensure realistic forecasts
• Find solutions to resolve anomalies and follow-up to ensure execution or change in procedure
• Compile monthly and quarterly forecasts
• Compile annual Budgets, forecasts & controls
• Provide commentary on management accounts
• Motivate and manage Capex requirements
• Staff management
• Stakeholder management

Qualifications & Experience:

• B.Com Honours (CTA) with Articles or equivalent
• Registration as a Chartered Accountant an advantage
• At least 5 years’ experience in a general financial management environment.
• Experience in a hospitality/gaming environment an advantage

Additional information:

• Ability to work shifts and overtime when required

Salary package:

• R95 000pm CTC + benefits

Should the above appeal to you, submit your updated CV to [e-mail]

If you do not hear from us within 14 days, please consider your application unsuccessful