Financial Controller

Yellosa; Johannesburg; On-site; ZAR 900,000 - 1,400,000; Full time

Benefits offered by this job

Well established group

Career development

Competitive salary

Benefits package

Job summary

Yellosa is seeking a Finance Manager to lead the finance function within a prominent hospitality group in Johannesburg. You will drive internal controls, budgeting, and financial reporting to senior management across the hotel portfolio.

The role requires ACCA/CPA or a finance degree, strong leadership, and hospitality experience. The position offers long-term career development, a competitive salary, and a comprehensive benefits package.

Qualifications

• Recognised qualification in accounting or finance (ACCA/CPA or bachelor degree).
• Strong leadership and team-management skills.
• Hospitality industry experience preferred.

Responsibilities

• Establish, monitor and improve internal controls across all finance functions.
• Prepare and present monthly, quarterly and annual financial reports to senior management.
• Oversee annual audited financial statements including notes and statements.
• Lead the budgeting process with department heads and head office.
• Monitor variances and provide timely corrective actions.
• Develop financial forecasts for Board planning.
• Coordinate audits and support external/internal audit teams.
• Supervise finance staff with follow-up on control weaknesses and gaps.
• Manage cash flow and liquidity in cooperation with Group Treasurer.
• Perform monthly tax computations under supervision of the Group Tax Officer.
• Stay updated on tax law changes and their impact.

Skills

Leadership

Team management

Financial reporting

Budgeting

Tax knowledge

Education

ACCA

CPA

Bachelor's degree in Finance

Job description

Responsibilities

• Establish, maintain, and monitor adequate internal controls across all finance functions, including segregation of duties, approval limits, reconciliations, and compliance with company policies and procedures.
• Prepare and present monthly, quarterly, and annual financial management reports to senior management.
• Oversee the preparation of accurate and timely annual audited financial statements, including income statements, balance sheets, cash flow statements and notes.
• Lead the annual budgeting process, collaborating with all Head of Departments and Head Office to develop and implement the budget.
• Monitor budget performance and provide analysis on variances between actual and budgeted figures in a timely manner, suggesting corrective actions.
• Develop financial forecasts and projections for the hotel management monthly and quarterly for the Board to assist in future planning.
• Coordinate and support external and internal audits, including the preparation of audit schedules and financial statements.
• Supervise and monitor all members' performance of the Finance team to ensure accurate, timely, and compliant completion of tasks, with prompt follow-up on control weaknesses, errors, and process gaps.
• Manage the company's cash flow with the Group Treasurer, ensuring adequate liquidity to meet operational needs.
• Perform the tax computation on a monthly basis with the review of the Group Tax Officer.
• Stay updated on changes in tax laws and regulations and assess their impact on the company.
• Serve as the primary point of contact for external auditors, banks, tax authorities, and other financial stakeholders.

The Successful Applicant

• A recognised qualification in accounting or finance, such as ACCA or CPA or bachelor degree in finance or related field.
• Strong leadership skills capable of leading and managing a team effectively.
• Prior experience working in a large hotel environment and hospitality industry experience.

What's on Offer

• Part of a well established group.
• Long-term career development in a permanent role.
• Competitive salary.
• Comprehensive benefits package.