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A leading company in the hospitality industry is seeking a Group Financial Accountant to manage financial reporting, compliance, and support strategic planning. The ideal candidate will have extensive experience in financial accounting, superior analytical skills, and proficiency in financial systems to ensure accuracy and alignment with business objectives.
Job Purpose
The Group Financial Accountant is responsible for managing the financial reporting, consolidation, and compliance of multiple entities within a group structure. This role ensures accurate financial records, adherence to regulatory standards, and supports strategic financial planning and decision-making. The incumbent will also oversee the group’s finance function, ensuring efficiency and alignment with business objectives.
Key Responsibilities
Financial Reporting & Compliance
• Prepare and consolidate financial statements for the group in accordance with IFRS/GAAP.
• Ensure timely and accurate month-end, quarter-end, and year-end closing processes.
• Develop and maintain financial policies, procedures, and internal controls.
• Oversee statutory audits and liaise with external auditors.
• Ensure compliance with tax regulations, including VAT, corporate tax, and payroll tax submissions.
• Monitor changes in accounting and tax regulations and implement necessary adjustments.
Financial Management & Analysis
• Conduct financial analysis and provide insights to senior management to support decision-making.
• Oversee the preparation of budgets, forecasts, and cash flow projections.
• Implement cost control measures and financial efficiencies across the group.
• Manage intercompany transactions, reconciliations, and eliminations.
• Ensure proper accounting treatment of assets, liabilities, and expenses across entities.
Group Accounting Services Management
• Oversee the finance operations of the group, including accounts payable, accounts receivable, and payroll processing.
• Supervise the Creditors and Debtors Clerk, review their work, and ensure accurate and timely processing of transactions.
• Provide guidance, training, and performance evaluations for Creditors and Debtors Clerk.
• Ensure streamlined financial processes and systems to support business units effectively.
• Implement and improve ERP systems and financial reporting tools.
• Establish service level agreements (SLAs) with internal business units as well as external suppliers and monitor performance.
Stakeholder Engagement
• Collaborate with business unit leaders to provide financial insights and support operational goals.
• Work closely with the CFO, CEO, board members, and external advisors on financial strategy and reporting.
• Liaise with banks, auditors, tax authorities, and regulatory bodies as needed.
Qualifications & Experience
Education & Certifications
• Professional Accountant (SA), Business Accountant (SA), Financial Accountant in Practice (FAP), CA(SA) / ACCA/ CGMA or equivalent.
• Bachelor’s degree in accounting, Finance, or a related field.
• Completed articles is a strong advantage.
Experience
• Minimum of 5–8 years of experience in financial accounting.
• Experience within a group setting is highly preferred.
• Strong knowledge of IFRS/GAAP, tax regulations, and financial reporting.
• Proven working experience in financial systems software (e.g. Xero, Zoho Books, Pastel Payroll, SimplePay Payroll or similar).
Key Skills & Competencies
• Strong technical accounting skills and financial acumen.
• Excellent analytical, problem-solving, and decision-making abilities.
• Leadership and team management experience.
• Advanced proficiency in Microsoft Excel and financial reporting tools.
• Strong attention to detail and ability to meet tight deadlines.
• Effective communication and interpersonal skills.
• Ability to work in a fast-paced, dynamic environment.
Benefits & Perks
• Competitive salary
How to Apply
Interested candidates should submit their CV and a cover letter to:
finance2@k-sl.co.za.
Please use the following email address when sending your application:
Group Financial Accountant – Ref. 03/2025
Only shortlisted candidates will be contacted.