Financial Manager | Hospitality | Cape Town
Financial Manager | Hospitality | Cape Town
Do you have hospitality finance experience and want a role that includes hotel developments and group strategy?
A privately owned hotel group with more than a dozen hotels across the Country, is looking for a Financial Manager to run its finance function from its Cape Town office. The role reports to the CEO and shareholders, leads a head office finance team, and will be working directly with the shareholders on development and future growth.
What you’ll be doing
- Running the monthly close across all group companies, cash flow reporting and consolidation.
- Reporting monthly to the CEO and shareholders on property-level results and variances.
- Working with the shareholders on group strategy: hotel developments, acquisitions, feasibility studies, valuations and funding.
- Accounting for development projects.
- Leading the annual budget and reforecasts with the CEO and general managers, and maintaining the five-year capex plan.
- Controlling cash and revenue at hotel level through daily cashups, banking of takings, stock takes and debtors.
- Managing cash flow, EFT authorisations, bank mandates and a 12-week rolling forecast.
- Handling tax compliance across all entities: VAT, PAYE, provisional and income tax, and dividends tax.
- Overseeing payroll for around 300 employees.
- Preparing annual financial statements under IFRS and managing the audit.
- Leading and developing the finance team, and training of offsite staff.
- Travel for internal audit.
- Tax planning and strategy.
What we’re looking for
- At least 2 years’ finance experience in hospitality (non-negotiable).
- CA(SA) or CGMA advantageous.
- BCom Accounting or equivalent.
- Month-end and reporting experience across more than one entity. (Advantageous)
- Hands-on South African tax compliance, including VAT and payroll.
- Financial modelling, valuation, due diligence experience.
- Comfortable working with finance and non-finance personnel, and willing to raise problems early with solutions.
- Xero and SimplePay experience advantageous.
Why you’ll love this opportunity
- Direct access to the COE and shareholders, with finance input on developments before decisions are made.
- A group that is entering into a growth and improvement phase, so the work extends well past month-end.
- Ownership of the full finance function across a multi-entity group.
Package
R900 000 to R1 050 000 CTC per annum, depending on experience and qualifications.
Please email your CV to craig@countrysa.co.za
