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Financial Manager

Kendrick Recruitment

Graaff-Reinet

On-site

ZAR 200,000 - 300,000

Full time

26 days ago

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Job summary

Kendrick Recruitment is seeking a Financial Manager for a luxury boutique hotel in the Eastern Cape. This role requires a detail-oriented finance professional with extensive experience in hospitality finance, overseeing accounting, stock management, and leading a finance team to ensure compliance and accurate financial reporting.

Qualifications

  • Minimum 5 years experience in a finance role within a boutique hotel or lodge.
  • Strong knowledge of F&B costing and stock control.
  • Proficient in Microsoft Office Suite, particularly Excel.

Responsibilities

  • Oversee all financial functions and manage the finance team.
  • Prepare and analyse monthly management accounts and assist with audits.
  • Conduct regular performance reviews and identify development needs.

Skills

F&B costing
Stock control
Leadership
Communication
Analytical skills

Tools

Microsoft Office Suite
Excel

Job description

Salary : R45000 per month

Kendrick Recruitment is currently seeking a Financial Manager for a luxury boutique hotel located in the Eastern Cape . This role is ideal for a detailoriented and experienced hospitality finance professional with a strong background in boutique hotels or lodges and a solid understanding of F&B costings. The Financial Manager will oversee the full accounting and stock management functions while leading the finance team.

Key Responsibilities :

Accounting and Finance Management :

Manage the finance team and oversee all financial functions

Daily reconciliation of revenue systems with the accounting system

Process bill and manage debtor accounts including remittance and bad debt reporting

Oversee creditor accounts ensuring accurate coding approvals and reconciliation

Prepare and review payment batches for authorisation

Reconcile accounting and stock system transactions

Cash & Banking :

Perform daily cashups and manage all control accounts

Bank all cash and manage petty cash transactions

Complete bank reconciliations across all platforms

Stock Management :

Process invoices to appropriate cost centres with necessary approvals

Maintain the stock system ensuring accuracy in pricing recipe linking and depletion

Conduct regular stock counts and maintain accurate valuations

Journal Entries & Compliance :

Post monthly journals and reconcile with supporting documentation

Ensure accrualbased income and expense accounting

Implement and uphold internal controls and compliance with policies and audit standards

VAT & Insurance :

Prepare and submit monthly VAT declarations and handle related SARS queries

Review annual insurance policies and manage claims

Fixed Assets :

Maintain and verify the fixed asset register

Ensure depreciation is processed in line with accounting schedules

Payroll :

Compile and submit all payroll data to outsourced provider

Ensure accuracy in pay adjustments stipends tips commissions and terminations

Process payroll entries and ensure timely payment of salaries and thirdparty contributions

Manage pension and UIF processes and maintain employee payroll records

Reporting & Budgeting :

Prepare and analyse monthly management accounts

Assist with annual financial statement preparation and audits

Oversee yearend processes and ensure accurate financial records

Prepare monitor and report on income expenditure and capital budgets

Collaborate with key departments on budget implementation and adjustments

Team Management :

Conduct regular performance reviews and identify development needs within the finance team

Ensure consistent communication and support across departments

Ad Hoc Duties :

Assist with BBBEE certification liquor licensing rental agreements contract renewals and solar usage monitoring

Requirements :

Minimum 5 years experience in a similar finance role within a boutique hotel or lodge setting

Strong F&B costing and stock control knowledge

Proficient in Microsoft Office Suite particularly Excel

Proven leadership and team management experience

Excellent communication and interpersonal skills

Knowledge of South African accounting standards VAT and payroll legislation

Organised analytical and proactive with a high level of accuracy

This is a fantastic opportunity for a seasoned financial professional to contribute to the ongoing success of a prestigious property. Candidates who meet the above requirements are encouraged to submit their CV to apply.

Key Skills

Employment Type : Full Time

Experience : years

Vacancy : 1

Monthly Salary Salary : 45000 - 45000

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Financial Manager • Graaff-Reinet, Eastern Cape, South Africa

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