Finance Lead

Dream Hotels & Resorts; Gauteng; On-site; ZAR 1,000,000 - 1,500,000; Full time

Job summary

A prominent hospitality group in Gauteng is seeking a Financial Lead to manage financial operations, ensure compliance, and offer strategic insights. The ideal candidate should possess over 5 years of experience in financial management and hold a relevant degree. Key responsibilities include financial planning, reporting, cash flow management, and team leadership in a collaborative work environment.

Qualifications

• More than 5 years' experience as a Financial Manager.
• Experience in preparation, completion, and review of management accounts.
• Knowledge of statutory returns and payments.

Responsibilities

• Lead forecasting, budgeting, and variance analysis for all entities.
• Approve journal entries in the management accounts.
• Monitor and manage the group's cash flow.

Skills

Financial planning and analysis

Cash flow management

Leadership

Risk management

Communication

Education

Bachelor's degree in Finance, Accounting, or related field

CPA or CMA designation

Tools

Pastel Evolution

MS Office

Job description

Dream Hotels & Resorts lives by its 8 core values.

Our team is dedicated to being reliable and accountable, fostering empathy to understand others' feelings and collaboratively find solutions, and prioritizing sustainability in environmental, financial, and social aspects.

Rooted in humanity, trust, dynamism, excellence, and joy, we celebrate diversity, prioritize integrity, embrace creativity, pursue quality, and foster a joyful work environment to connect people with our surroundings and each other.

These play a part in our day-to-day decision making & operational requirements.Job OverviewAs a pivotal member of the leadership team, the Financial Lead will be responsible for managing the financial operations, ensuring compliance with financial regulations, and offering strategic financial insights to support the company's objectives.ResponsibilitiesFinancial Planning and Analysis : Lead bi-annual forecasting, budgeting, and variance analysis for all entities.

Set financial targets and monitor progress.

Control expenditures within budgetary limits to improve profitability.

Implement cost-saving measures and enhance operational efficiency.

Provide insightful financial analysis to support decision-making and identify operational improvement areas.

Collaborate with department heads to align financial goals with business objectives.

Financial ReportingEnsure accurate and complete management accounts, including income statements, balance sheets, reconciliations, and monthly cash flows.

Approve journal entries in the management accounts.

Provide clear and concise financial reports to senior management and external stakeholders.

Internal Controls And ComplianceImplement and maintain robust internal controls to safeguard assets and ensure compliance.

Oversee the audit process and act as the main contact for external auditors.

Cash Flow ManagementMonitor and manage the group's cash flow, optimizing working capital and liquidity.

Oversee cash flow planning and ensure fund availability.

Develop strategies to enhance cash management efficiency.

Team LeadershipLead and mentor the finance team, fostering a culture of collaboration, accountability, and continuous improvement.

Conduct regular performance reviews and provide professional development opportunities.

Risk ManagementIdentify and assess financial risks, proposing and implementing mitigation strategies.

Work closely with the executive team to evaluate potential business risks andmprovide financial insights.

Strategic Financial PlanningCollaborate with the executive team to develop and execute strategic financial plans.

Provide financial guidance on potential business initiatives, mergers, and acquisitions.

Qualifications And ExperienceMore than 5 years' experience as a Financial Manager.

Bachelor's degree in Finance, Accounting, or related field; CPA or CMA designation preferred.

Experience and proficient with Pastel Evolution or similar accounting system.

Proficient in MS Office, with advanced Excel skills.

Experience in preparation, completion, and review of management accounts.

Experience in cashflow management.

Knowledge of statutory returns and payments.

Skills And KnowledgeIn-depth knowledge of financial regulations, accounting principles, and financial reporting.

Strong analytical and problem-solving skills.

Excellent communication and leadership abilities.

Proficient in financial management software and Microsoft Office Suite.