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Financial Manager - Hospitality Management Group - Camps Bay

We are looking for a Financial Manager who would be responsible for providing financial management support and advice to stakeholders in the Group, in order to enable them to make sound business decisions. Assume the primary day-to-day responsibility for planning, managing and controlling financial-related activities within the group and other business units under management. Ensures financial practices and information are in line with company policy and all statutory legislation & regulations.

 

Responsibilities:

  • Preparation of the monthly management accounts pack in order to fully assess the performance
  • Review of the financial information processed by the central accounting service team, to ensure accuracy and integrity thereof
  • Sole accounting responsibility for various business units / divisions
  • Compiling a monthly Balance Sheet reconciliation file, to ensure integrity of financial statement line items presented
  • Analysis and identification of incurred costs versus budget and prior year, in order to fully understand cost drivers for key stakeholders to make informed decisions
  • Calculate and reconcile VAT payable on a monthly basis
  • Review of monthly EMP201 submission
    • Annual income tax calculation and submission to CFO for review
  • Check, verify and release electronic bank payments of OPCO’s as second (A level) approver. Approve first level for own entities
  • Second signatory for all cheque and foreign payments
  • Ensure cash-flow across the Group is maintained at optimum level
  • Assume the day-to-day responsibility to ensure the VNL Group procurement department operates effectively in securing best products and pricing structures (identifying cost saving opportunities)
  • Maintain Group Linen par levels and re-ordering
  • Supervise Group Stationery Department & procurement
  • Ensure on an annual basis that the pricing model for VNL Hospitality is both fair (industry norms) and sustainable
  • Compile the annual budgets and submit for Exco approval. Assist with budgeting for other group companies
  • Review the budgeted fees and expenses for large variances and resolve prior to the CFO conducting his review. Preparation of forecast for the rest of the financial year
  • Preparation of the budgeted income statement, balance sheet and cash flow statements including determining funding needs for the year ahead
  • Preparing the Annual Audit files as per Group Instructions received
  • Assisting the rest of the OPCO finance teams with execution of the Group Instructions received
  • Provide assistance to the OPCO finance teams to resolve audit queries and ensure the audit is completed in an appropriate time frame
  • Review financial statements to ensure they are prepared in accordance with IFRS and agree to final trail balance
  • Manages own teams’ performance to ensure delivery of the approved finance strategy across designated departments
  • Gives regular, comprehensive and constructive feedback to team and conducts their performance appraisals
  • Adjusts management style to get the best from the individuals within the team
  • Delegates work to team members taking into account their capacity, level of skill and exposure to different types of work and complexity; provides clear instructions and direction, with reasonable deadlines
  • Develop relationships with Exco and OPCO Financial Managers as a trusted advisor
  • Maintain strong working relationships with, and have open and transparent communication between all members of the team
  • Develop and maintain relationships with external vendors to ensure service delivery of high quality
  • Support the business as and when ad-hoc financial request come in and provide information that is accurate, of a high standard and delivered within required timeframes

Requirements:

  • BCom Hons with articles or equivalent essential
  • CIMA, CA (SA) preferable
  • Minimum 2 years’ experience in a management position within Accounting or Finance
  • Hospitality & Tourism Industry experience beneficial
  • Advance MS Office knowledge
  • Advance Financial Accounting Systems knowledge (SAGE Partner or Evolution)

To apply for the position, please forward a motivational letter, an updated CV with a picture of yourself to consultant@careercustodians.com

**Please note that only successful candidates will be contacted. Should you not hear from us within 14 days – please consider your application unsuccessful**
To browse all our vacancies, please log on to our website – www.careercustodians.com

 

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