Financial Manager (Hospitality Industry)
Synergy
View all jobsFinancial Manager (Hospitality Industry)Southern Suburbs Cape Town, Western CapeApply NowPOSITION: Financial Manager
LOCATION: Southern Suburbs, Cape Town
Must be from the Hospitality industry
Reporting to: Directly to the company MD and indirectly to the group CFO
This position will play an important strategic role in our management team, where you will oversee all aspects of Hospitality finance functions.
The ideal candidate will strategically plan, direct, and control the financial and administrative functions of the business, with focus on creating a sustainable financial business environment.
Qualifications and work experience:
Minimum Education: Bcompt Hons Degree
Advantageous Qualifications: CIMA Articles Minimum Work Experience: At least 3-4 years’ experience in a similar role
Advantageous Work Experience: Comprehensive experience with Opera, Micros and NAV (Microsoft Dynamics 365)
An ideal candidate: Can work independently as well as collaboratively part of a team Has a high attention to detail, but can also look at the big picture Can think creatively and flexibly as well as do routine work Has an affinity for problem solving, solution finding, and positivity Has strong management and leadership experience Loves working as part of a team towards a common goal Delivers on deadlines and deliverables and manages expectations Believes in holding themselves, their reports, and their colleagues accountable Has experience with constructive criticism and doesn’t shy away from giving or receiving feedback Has a favourite Excel function
Key areas of responsibility & main functions include:
Financial Reporting Prepares and presents management accounts Prepares and presents financial reports to assist in decision making & planning Ensure all reporting deadlines are met Ensures accuracy of daily and monthly reports & other management reports
Cash Flow management Plans, maintains and utilises the cash resources to meet obligations and business objectives
Budgets Manages the budget process and compilation of a feasible, accurate annual budget
Financial Planning & Forecasting Prepares and presents cash flow forecasts Provides insight and analysis regarding risk, financial and operational implications to enrich decision making Participates in the provision of strategic financial information
Financial Control & Compliance Establishes and maintains financial control functions to ensure conformance to legislation, policies and procedures and accounting principles Ensures business is following its statutory requirements
PAYE, VAT, other related tax obligations
Payroll Manages and coordinates the monthly payroll with HR
Audit Oversees the annual financial audit Oversees the annual BEE audit Ensures all audit requirements are met Ensures financial information is prepared and audit ready
Insurance Responsible for preparing annual insurance renewal information Liaise with insurance brokers when dealing with claims
IT & Information systems Oversee compliance and operational integrity of information system Safe guard financial and other key information Ensure business is compliant with POPI requirements Business Management Translation of business goals into measurable objectives Ensure the financial department supports operational teams to enable them to meet strategic objectives
General Guide, mentor and upskill the finance team and other stakeholders Oversee and assist with daily accounting and reconciling of control accounts
LOCATION: Southern Suburbs, Cape Town
Must be from the Hospitality industry
Reporting to: Directly to the company MD and indirectly to the group CFO
This position will play an important strategic role in our management team, where you will oversee all aspects of Hospitality finance functions.
The ideal candidate will strategically plan, direct, and control the financial and administrative functions of the business, with focus on creating a sustainable financial business environment.
Qualifications and work experience:
Minimum Education: Bcompt Hons Degree
Advantageous Qualifications: CIMA Articles Minimum Work Experience: At least 3-4 years’ experience in a similar role
Advantageous Work Experience: Comprehensive experience with Opera, Micros and NAV (Microsoft Dynamics 365)
An ideal candidate: Can work independently as well as collaboratively part of a team Has a high attention to detail, but can also look at the big picture Can think creatively and flexibly as well as do routine work Has an affinity for problem solving, solution finding, and positivity Has strong management and leadership experience Loves working as part of a team towards a common goal Delivers on deadlines and deliverables and manages expectations Believes in holding themselves, their reports, and their colleagues accountable Has experience with constructive criticism and doesn’t shy away from giving or receiving feedback Has a favourite Excel function
Key areas of responsibility & main functions include:
Financial Reporting Prepares and presents management accounts Prepares and presents financial reports to assist in decision making & planning Ensure all reporting deadlines are met Ensures accuracy of daily and monthly reports & other management reports
Cash Flow management Plans, maintains and utilises the cash resources to meet obligations and business objectives
Budgets Manages the budget process and compilation of a feasible, accurate annual budget
Financial Planning & Forecasting Prepares and presents cash flow forecasts Provides insight and analysis regarding risk, financial and operational implications to enrich decision making Participates in the provision of strategic financial information
Financial Control & Compliance Establishes and maintains financial control functions to ensure conformance to legislation, policies and procedures and accounting principles Ensures business is following its statutory requirements
PAYE, VAT, other related tax obligations
Payroll Manages and coordinates the monthly payroll with HR
Audit Oversees the annual financial audit Oversees the annual BEE audit Ensures all audit requirements are met Ensures financial information is prepared and audit ready
Insurance Responsible for preparing annual insurance renewal information Liaise with insurance brokers when dealing with claims
IT & Information systems Oversee compliance and operational integrity of information system Safe guard financial and other key information Ensure business is compliant with POPI requirements Business Management Translation of business goals into measurable objectives Ensure the financial department supports operational teams to enable them to meet strategic objectives
General Guide, mentor and upskill the finance team and other stakeholders Oversee and assist with daily accounting and reconciling of control accounts
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