Group Financial Manager

Kendrick Recruitment; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A luxury property group in Johannesburg is seeking a strategic Group Financial Manager responsible for financial oversight across multiple entities. Key duties include leading budgeting processes, ensuring compliance with IFRS/GAAP, and maintaining internal controls. Candidates should hold a relevant degree, possess strong hospitality finance experience, and demonstrate strategic thinking and leadership skills. This role offers a competitive salary and opportunities for professional development.

Benefits

Competitive salary with performance-based bonuses

Professional development opportunities

Comprehensive benefits package

Qualifications

• 5–8+ years' experience in multi-property hospitality finance or group finance roles.
• Strong knowledge of IFRS/GAAP and tax compliance.
• Proven leadership in process improvement and change management.

Responsibilities

• Oversee financial operations across multiple entities and ensure accurate reporting.
• Coordinate year-end statutory accounts and audits.
• Lead the annual budgeting cycle and rolling forecasts.

Skills

Financial Reporting

Budgeting and Forecasting

Internal Controls

Regulatory Compliance

Leadership

Strategic Thinking

Education

Bachelor's degree in Finance, Accounting, or Business

Master's or MBA (advantageous)

Tools

Excel or Google Sheets

PMS

POS

ERP systems

Job description

Job Description Group Financial Manager – Luxury Property Group, Johannesburg Salary : Negotiable DOE Kendrick Recruitment is seeking an experienced and strategic Group Financial Manager for a leading luxury property group in Johannesburg.

This senior role is responsible for overseeing financial operations across multiple entities, ensuring accurate reporting, compliance with regulatory standards, and providing actionable financial insights that support business growth.

Key Responsibilities

• Financial Reporting: Prepare monthly management accounts within specified timelines, including variance analysis and commentary.
• Chart of Accounts & Intercompany: Maintain chart of accounts structures across multiple entities and ensure accuracy of intercompany eliminations.
• Year-End Statutory Accounts & Audits: Coordinate year-end statutory accounts and audits, ensuring compliance with IFRS/GAAP and local tax laws.
• Budgeting, Forecasting and Planning: Lead the annual budgeting cycle and rolling forecasts by property and department, including Capex and Opex; monitor performance against budgets and provide detailed variance analysis.
• Cash Flow, Working Capital and Controls: Consolidate cash flow across properties and manage liquidity, credit terms, and collections; manage intercompany transactions and reconciliations.
• Internal Controls: Strengthen internal controls across cash handling, POS settlement, tips and service charge distribution, stock management and night audit reconciliation; oversee inventory controls including recipe costing, yield and wastage, stock counts and variance analysis, working closely with culinary and procurement teams to reduce cost of sales.
• Compliance & Internal Controls: Implement and maintain robust internal financial 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 business decisions; assist with M&A activities, financial modelling and due diligence.
• Leadership and Team Management: Collaborate with finance teams across subsidiaries; drive process improvements and ERP system enhancements.

Qualifications and Experience

• Bachelor's degree in Finance, Accounting, or Business (Master's or MBA advantageous).
• 5–8+ years' experience in multi-property hospitality finance or group finance roles, including consolidation and audit coordination.
• Strong knowledge of IFRS/GAAP, tax compliance and hospitality KPI frameworks.

Technical Skills

• Advanced proficiency in Excel or Google Sheets.
• Hands‑on experience with PMS, POS and ERP system integrations.
• Strong financial modelling and forecasting capabilities.

Key Skills and Competencies

• Commercial acumen with a strong hospitality operations mindset.
• Excellent stakeholder management, including GMs, Owners, Brand/Franchise, Revenue, Culinary and HR.
• Strong attention to detail with accuracy under pressure.
• Proven leadership in process improvement and change management.
• Strategic thinker with excellent analytical and problem‑solving abilities.
• Strong communication and leadership skills.

Benefits

• Competitive salary with performance‑based bonuses.
• Professional development opportunities.
• Comprehensive benefits package.

If anyone is interested in applying for this role, they are encouraged to submit their CV for consideration.