Financial Manager

Conova Pty Ltd; Polokwane; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A high-profile hospitality company in Limpopo seeks a Financial Manager with extensive experience in the hospitality industry. The ideal candidate will manage full accounting functions, ensuring compliance and accuracy in financial reporting. Responsibilities include preparing management accounts, processing payroll, and budgeting. A bachelor's degree in finance or accounting is required alongside at least 5 years in financial management, with strong knowledge of South African tax laws. Skills in SAGE software and advanced Excel are essential for this role.

Qualifications

• 5 years of financial management experience, including 2 years in hospitality.
• Bachelor’s Degree in Finance or Accounting is required.
• Experience with SAGE Evolution and Intacct is essential.

Responsibilities

• Manage accounting records according to reporting standards.
• Prepare management accounts and executive summaries monthly.
• Process payroll, including medical aid and pension funds.
• Communicate with departments regarding their budget expenditures.

Skills

SAGE Evolution

SAGE Intacct

Advanced Excel

Financial Reporting Standards (IAS, IFRS)

Collaboration skills

Knowledge of South African Tax/VAT laws

Education

Bachelor’s Degree in Finance, Accounting, or related field

Completed SAICA/SAIPA/CIMA articles

Tools

Opera

Micros

Job description

Financial Manager – Hospitality/Pem, Limpopo

Do you have at least 2 years experience in the hospitality industry as a Financial Manager? Our client, a Big Five Private Game Reserve in the Limpopo region is looking to recruit a Financial Manager to take responsibility for the full accounting and financial function.

The role requires a candidate that is detail orientated, analytical, deadline driven and a problem solver.

The aspects of this role are ensuring the integrity, accuracy, and compliance of financial reporting. Doing the day‑today processing, managing suppliers, payments, cash forecasting and balance sheet recons. This role also plays a strategic part in budgeting, forecasting, cost control, and supporting executive management in financial decision‑making to optimise the hotel's profitability.

Responsibilities

• Managing and maintaining the accounting records, in line with the applicable reporting standards and Group Finance SOP (Standard Operating Procedures). This includes ensuring that the accounting records are accurate and fairly represent the financial performance and position of the hotel.
• Day‑to‑day processing of all financial data (invoices, journals)
• The monthly preparation of the management accounts and executive summary, detailing variances against prior year, budget and forecast.
• Submission of the monthly management packs.
• Processing of all relevant monthly journals
• Process and reconcile the cashbooks/bank accounts
• Reconciling & processing of the monthly payroll including medical aid and pension funds, and submission to Head Office, submissions of EMP201 including loading of payments for approval.
• Reconciling of monthly VAT.
• Preparation of the annual budget and monthly monitoring of spending in line with budget. This includes communication with the various departments regarding their expenditure.
• Preparation of monthly forecasts.
• Maintaining the debtors (together with Group Debtors Manager) and suppliers age

Skills required

• Proficient on SAGE Evolution & SAGE Intacct and advanced Excel.
• Opera and Micros knowledge will be advantageous.
• Excellent understanding of financial reporting standards (IAS, IFRS).
• Must be able to collaborate with the team, as well as work independently and manage time appropriately.
• Strong knowledge of South African Tax/VAT laws and hospitality industry regulations.

Minimum Qualifications and Experience

• Minimum 5 years of financial management experience, with at least 2 years in the hospitality industry.
• Bachelor’s Degree in Finance, Accounting, or a related field (Required).
• Completed SAICA/SAIPA/CIMA articles or equivalent (Preferred).