Financial Manager

Conova Recruitment; Cape Town; On-site; ZAR 500,000 - 750,000; Full time

Job summary

A leading company in the hospitality industry is seeking a Financial Manager to oversee financial and administrative functions in their Southern Suburbs office. The role involves budgeting, reporting, financial compliance, and strategic support, requiring a qualified individual with significant experience in financial management within the hospitality sector.

Qualifications

• At least 5 years experience as a Financial Manager in the Hospitality industry.
• Must have own transport.
• Reside in Southern Suburbs Cape Town.

Responsibilities

• Plan, direct and control financial and administrative functions.
• Ensure financial records are processed accurately and timely.
• Conduct financial analysis and prepare financial reports.

Skills

Financial reporting

Budget preparation

Cash management

Financial analysis

Statutory compliance

Education

BCom Honours Degree in Financial Management

CA

CIMA

Job description

Our client, in the hospitality industry and based in Southern Suburbs of Cape Town, is seeking a Financial Manager to join their team. The main purpose of the job is to plan, direct and control financial and administrative functions of the company.

POSITION INFO :

Key Responsibilities :

• Income statement and Balance sheet accounts reconciled and checked
• Support Accounting team to TB level, accounts staff and department
• Budget preparation & presentation
• Fixed assets and asset register
• Review and sign-off payroll
• Cost of sales and stock (restaurants)
• Ensure cost of sales within acceptable percentages
• Cash flow & Cash management
• Insurance
• Ensure that the financial records are processed accurately and timeously.
• Prepares detailed reports on financial packs (monthly and annually).
• Ensure statutory compliance to SARS etc.
• Participate in the provision of strategic and information.
• Investigate stock and cost of sales variances.
• Research, consolidate, submit annual budget.
• Establish and maintain financial control functions to ensure conformance to legislation, policies and procedures and accounting principles.
• Manage accounting and financial systems.
• Conduct financial analysis and prepares financial reports and statements.
• Provides financial and accounting advice, direction and leadership.
• Ensure that the audit requirements are met.
• Respond to auditorsâ comments concerning finances and operations and oversees required action to address deficiencies.
• Implement and monitor payment authority practices.
• Monitor all department spending and recommends corrective actions as necessary.
• Manage staff.
• Compile lists of the assets to be insured and the values thereof.
• Manage the maintenance and upgrade of financial, and information systems.
• Translation of the business goals into measurable objectives
• Monitoring the goals and objectives
• Work with the relevant HODâs to achieve the goals

Qualifications and Experience :

• BCom Honours Degree in Financial Management
• CA, CIMA, Articles
• At least 5 years experience as a Financial Manager in the Hospitality industry
• Must have own transport and reside in Southern Suburbs Cape Town

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Financial Manager • Capetown, South Africa