Financial Controller Time Out Market

V&A Waterfront; Cape Town; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A renowned market in Cape Town seeks a skilled financial operations professional to manage daily financial processes, prepare reports, and ensure compliance. Candidates should have at least 5 years of experience, proficiency in financial systems, and excellent attention to detail. An accounting qualification is an advantage, but a proven financial background is essential. This permanent position offers a market-related salary.

Qualifications

• 5+ years experience in financial operations management or hospitality finance.
• Proven hands-on experience with financial processing and reconciliations.
• Solid understanding of management accounting principles.

Responsibilities

• Oversee daily, weekly, and monthly financial processing and reconciliations.
• Prepare management reports and performance insights.
• Liaise with external auditors and ensure compliance.

Skills

Financial operations management

Account reconciliations

Reporting

Xero proficiency

Advanced Excel

Problem-solving

Attention to detail

Education

Accounting qualification (CA, ACCA, SAIPA)

Tools

Xero

Lightspeed POS

Marketman

Job description

Role Overview

Time Out Market brings the best of the city together under one iconic roof where great food drinks and culture meet. Were looking for an experienced financial operations professional to lead the finance function at Time Out Market Cape Town ensuring smooth day‑to‑day processing accurate reporting and financial integrity across all areas of the Market. This role is ideal for someone with strong financial systems experience excellent attention to detail and the ability to manage multiple reporting streams within a dynamic hospitality environment. An accounting qualification is an advantage but a proven financial background and processing expertise are essential.

What We Value

• Is commercially astute and operationally hands‑on.
• Thrives in a fast‑paced high‑energy environment.
• Has a high sense of ownership and accountability.
• Builds strong relationships across teams and departments.

Brings both structure and initiative to the financial process.

Culture Fit

• We believe diversity drives creativity and growth.
• At Time Out Market everyone has the freedom to bring their authentic self to work. We value open communication collaboration and learning from one another because were all in the business of creating happiness.
• About Time Out Market
  • Time Out Market is part of Time Out Group plc the global media and hospitality brand that celebrates the best of the city from food and drink to art and culture. Our markets curate the citys most loved chefs mixologists and cultural experiences under one roof a concept that began in Lisbon in 2014 and has since expanded to New York Miami Chicago Montreal and now Cape Towns V&A Waterfront.

Requirements

Key Responsibilities

• Financial Operations & Processing
  • Oversee all daily weekly and monthly financial processing and reconciliations.
  • Manage the full month‑end close process in Xero ensuring accuracy across cost centres.
  • Maintain and reconcile supplier accounts bank accounts and balance sheets.
  • Prepare and review weekly payment schedules and assist with bi‑monthly subtenant settlements.
  • Support treasury management and cash flow tracking ensuring accurate forecasting and liquidity control.
  • Implement and maintain robust internal financial controls and audit trails.
• Reporting & Analysis
  • Prepare weekly and monthly management reports KPIs and performance insights for both TOM Group and V&A Waterfront Holdings.
  • Assess Market performance against budget forecast and long‑term goals.
  • Assist with the preparation of annual budgets and reforecasts in collaboration with key departments.
  • Provide regular analysis of revenue streams costs and profitability proactively identifying opportunities for improvemen
• Compliance & Audit
  • Liaise with external auditors tax consultants and advisors as needed.
  • Oversee VAT submissions statutory compliance and reporting obligations.
  • Ensure adherence to TOM Group reporting standards and internal controls.
• Systems & Integration
  • Manage the effective use of financial systems including Xero Lightspeed POS Marketman and related reporting tools.
  • Partner with operations to drive process efficiency and automation across departments.
• People & Collaboration
  • Work closely with the General Manager and TOM Group Finance to align on financial objectives and reporting.
  • Mentor and manage accounts staff fostering accuracy accountability and professional growth.
  • Collaborate with department heads to ensure financial visibility and operational alignment.

Experience & Skills

• Essential :
  • 47 years experience in financial operations management accounting or hospitality finance.
  • Proven hands‑on experience with financial processing reconciliations and reporting.
  • Proficiency in Xero (or similar accounting systems) POS and inventory management platforms.
  • Advanced Excel / Google Sheets and strong numerical accuracy
  • Solid understanding of management accounting principles and financial best practices.
  • Excellent communication organisational and problem‑solving skills.
  • Strong attention to detail integrity and reliability under pressure.
• Advantageous (Nice to Have) :
  • Accounting qualification (CA ACCA SAIPA or equivalent).
  • Experience within a hospitality or multi‑venue environment.
  • Exposure to publicly listed or international group reporting structures.

Work Level

Skilled

Job Type

Permanent

Salary

Market Related

EE Position

Yes

Location

Cape Town CBD

Key Skills

Accounting Software, GAAP, QuickBooks, General Ledger Accounting, Accounting, IFRS, Sage, Regulatory Reporting, Workers' Compensation Law, Budgeting, ERP Systems, Financial Management

Employment Type

Full-Time

Experience

years

Vacancy

1