Group Finance Manager

Professional Career Services; South Africa; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading recruitment agency is looking for a Financial Director to manage financial operations across multiple entities in the hospitality sector. The candidate will oversee budgeting, financial reporting, and ensure compliance with regulatory standards. Preferred qualifications include a Bachelor's degree in finance or accounting and extensive experience in finance roles. This position offers a competitive salary and a comprehensive benefits package, including provident fund and medical aid.

Benefits

Provident fund

Medical aid

Qualifications

• 5-8+ years in multi-property hospitality finance or group finance roles.
• Strong command of IFRS/GAAP and tax compliance.
• Advanced Excel and Google Sheets proficiency.

Responsibilities

• Oversee financial operations and ensure accurate reporting.
• Lead annual budgeting and reforecasting processes.
• Implement and maintain robust internal controls.

Skills

Financial modelling

Stakeholder management

Detail orientation

Strong analytical skills

Leadership in process improvement

Education

Bachelor's degree in finance, Accounting, or Business

Master's/MBA advantageous

Tools

Excel

Google Sheets

PMS

POS

ERP

Job description

Job Description

Oversee financial operations across multiple entities. This pivotal role ensures accurate reporting, compliance with regulatory standards, and delivers insights that drive business growth and informed decision‑making.

Financial Reporting

• Prepare monthly management accounts within defined timelines, including variance analysis and commentary.
• Maintain chart of accounts structures across multiple entities; ensure accuracy of intercompany eliminations.
• Coordinate year‑end statutory accounts and audits; ensure compliance with IFRS/GAAP and local tax laws.

Budgeting, Forecasting & Planning

• Lead the annual budgeting cycle and rolling reforecasts by property and department, including Capex and Opex plans.
• Monitor performance against budgets and provide variance analysis.
• Cash Flow, Working Capital & Controls
• Consolidate cash flow across properties; manage liquidity, credit terms, and collections.
• Manage intercompany transactions and reconciliations.
• Strengthen internal controls for cash handling, POS settlement, tips/service charge distribution, stock management, and night audit reconciliation.
• Oversee inventory controls (recipe costing, yield/wastage, stock counts, variance analysis); collaborate with culinary and procurement teams to reduce COS.

Compliance & Internal Controls

• Implement and maintain robust internal controls.
• Coordinate external audits and ensure timely completion.
• Ensure compliance with tax, payroll, and statutory requirements.
• Support insurance reviews, risk registers, and business continuity planning.

Strategic Financial Support

• Provide financial insights to support strategic decisions.
• Assist with M&A activities, financial modelling, and due diligence.

Leadership & Team Management

• Collaborate with finance teams across subsidiaries.
• Drive process improvements and ERP system enhancements.

Qualifications

Bachelor's degree in finance, Accounting, or Business (Master's/MBA advantageous).

Skills

• 5-8+ years in multi-property hospitality finance or group finance roles, including consolidation and audit coordination.
• Strong command of IFRS/GAAP, tax compliance, and hospitality KPI frameworks.
• Advanced Excel/Google Sheets proficiency.
• Hands‑on experience with PMS, POS, and ERP integrations.
• Strong financial modelling and forecasting capabilities.
• Commercial acumen with a hospitality operations mindset.
• Strong stakeholder management (GMs, Owners, Brand/Franchise, Revenue, Culinary, HR).
• Detail orientation with speed and accuracy under seasonal pressure.
• Leadership in process improvement, change management, and cross-functional collaboration.
• Strategic thinking and business acumen.
• Strong analytical and problem-solving skills.
• Excellent communication and leadership abilities.
• High attention to detail and accuracy.

Salary/Package

R60,000 - R70,000

Benefits

Provident fund, medical aid

Job Post Expiration

2026-01-02