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