Property Financial Manager

MORE - Luxury Hotels & Lodges in Southern Africa; Wes-Kaap; On-site; ZAR 700 000 - 900 000; Full time

Job summary

A leading hotel group in South Africa is seeking a dynamic Financial Manager to oversee financial operations and controls at two iconic properties. The role involves ensuring accuracy, managing budgets, and supporting audits. Candidates must have a B.Com degree and 5+ years of finance experience, preferably in hospitality. Strong analytical skills and attention to detail are essential. Join us to enrich guest experiences through financial excellence and operational support.

Qualifications

• Minimum 5 years of experience in finance, with at least 2 years in the hospitality sector.
• Must communicate financial concepts clearly to non-financial stakeholders.

Responsibilities

• Oversee all finance functions ensuring accuracy and compliance.
• Drive the annual budget process collaborating with department heads.
• Ensure robust internal controls in line with group standards.

Skills

Strong analytical skills

Problem-solving skills

Attention to detail

Time management

Education

B.Com degree in Finance, Accounting, or related field

Tools

MS Office

Sage Software (Intacct preferred)

Job description

Cape Cadogan and Upper Union are seeking a dynamic, detail-oriented Financial Manager to join our team. This is your opportunity to play a pivotal role in two of Cape Town’s most iconic properties, ensuring financial excellence and supporting unforgettable guest experiences.

Key Responsibilities

Financial Operations & Controls

• Oversee all property (Hotel and Restaurant) finance functions, ensuring accuracy and compliance with group SOPs.
• Review and approve purchase orders, ensuring correct allocation and adherence to budgets.
• Manage cash flow, including petty cash and credit card reconciliations.
• Validate daily revenue submissions and ensure timely, accurate reporting.
• Maintain and reconcile the fixed asset register and operating equipment assets for both insurance and finance purposes.
• Oversee inventory management, including variance recounts, workbook validation, and final sign-off on control systems.

Budgeting, Reporting & Analysis

• Drive and own the annual budget process at property level, collaborating with department heads.
• Prepare and analyze management accounts, providing variance analysis and actionable insights.
• Produce flash and project reports to support business decision-making.
• Support the pricing of extras and ancillary services at property level.

Audit, Compliance & Internal Controls

• Ensure robust internal controls are in place and adhered to, in line with group standards.
• Assist with annual external audits and ensure all supporting documentation is accurate and available.

Collaboration & Stakeholder Management

• Act as the key finance link between the property and the support office team.
• Work closely with HR on gratuities, staff deductions, and payroll-related finance matters.
• Support operational teams with financial guidance and training as needed.

Requirements

• Education: B.Com degree in Finance, Accounting, or related field.
• Experience: Minimum 5 years’ experience in finance, with at least 2 years in the hospitality sector.
• Systems: Advanced proficiency in MS Office; experience with Sage Software (Intacct preferred).
• Skills: Strong analytical and problem-solving skills, meticulous attention to detail, and the ability to manage multiple priorities in a fast-paced environment.
• Personal Attributes: Proactive, collaborative, and able to communicate financial concepts clearly to non-financial stakeholders.

MAXIMIZING YOUR IMPACT AS A MEMBER OF THE MORE FAMILY COLLECTION

• Excellent attention to detail.
• Guest focus philosophy, living the MORE brand and driving the MORE experience.
• Excellent communication skills (written and verbal), practicing honest communication.
• Team player with positive attitude, enthusiasm, and emotional control.
• Excellent time management and self-discipline, interpersonal & solution seeking skills.
• Proactive, use initiative and creative flair when required.
• Committed and loyal, adaptable, and flexible.
• Must work accurately under pressure.
• People skills – tolerance, patience, and care, ability to receive constructive feedback openly.

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