Overview
Finance Manager Jobs in City of Cape Town, Western Cape, South Africa at Conova Financial Recruitment
Title: Finance Manager
Company: Conova Financial Recruitment
Location: City of Cape Town, Western Cape, South Africa
Exciting opportunity for a Financial Manager to work for a Private Game Reserve but at its H/O in Cape Town. The main purpose of this role is to be responsible for the full accounting and financial function for this established Safari Lodge. You will be required to visit the game reserve at least once or twice/month.
The role requires a candidate that is detail orientated, analytical, deadline driven and a problem solver. The role is a senior role, overseeing a team of 3 (accountant, 2 x cost controllers).
The aspects of this role are ensuring the integrity, accuracy, and compliance of financial reporting. Doing the day-today processing, managing suppliers, payments, cash forecasting and balance sheet recons. This role also plays a strategic part in budgeting, forecasting, cost control, and supporting executive management in financial decision-making to optimise the hotel’s profitability.
· The main responsibilities are managing and maintaining the accounting records, in line with the applicable reporting standards and Group Finance SOP (Standard Operating Procedures).
· Day-to-day processing of all financial data (invoices, journals)
· The monthly preparation of the management accounts and executive summary, detailing variances against prior year, budget and forecast.
· Submission of the monthly management packs
· Processing of all relevant monthly journal entries – this would include prepaids to be expensed, any accruals, etc.
· Process and reconcile the cashbooks/bank accounts
· Reconciling & processing of the monthly payroll including medical aid and pension funds, and submission to Head Office, submissions of EMP201 including loading of payments for approval.
· Reconciling of monthly VAT.
· Reviewing and interrogating monthly stock take reports and processing the necessary monthly journals
· Preparation of the annual budget and monthly monitoring of spending in line with budget. This includes communication with the various departments regarding their expenditure.
· Preparation of monthly forecasts.
· Maintaining the debtors (together with Group Debtors Manager) and suppliers age analysis
· Preparing and loading weekly & monthly payments for submission to head office.
· Co-ordinate with external auditors over the year end audit
· Oversee the financial performance and management of the company’s various business units and making recommendations for improvement
· Ensuring that all balance sheets are reconciled and reviewed monthly and follow up and resolve unreconciled items timeously.
· Conduct and participate in monthly feedback meeting with the HOD team to review prior months financial results, discuss operational issues and any other related business.
· Provide financial guidance to department managers
· Foster a culture of accountability and continuous improvement
· Work closely with the General Manager of the hotel and to provide assistance and feedback from a finance perspective that will assist with decision making
· Ad hoc finance duties as required.
- Proficient on SAGE Evolution & SAGE Intacct and advanced Excel.
- Opera and Micros knowledge will be advantageous
- Excellent understanding of financial reporting standards (IAS, IFRS)
- Must be able to collaborate with the team, as well as work independently and manage time appropriately.
- Attention to detail and analytical acumen
- Self-motivated, innovative, problem solver & strong negotiator
- Excellent communication and interpersonal skills
- Ability to work in a pressurized environment with deadlines
- Good planning skills and organisation abilities.
Strong knowledge of South African Tax/VAT laws and hospitality industry regulations
Minimum 5 years of financial management experience, ideally 2 years in the hospitality industry
Bachelor’s Degree in Finance, Accounting, or a related field (Required)
Completed SAICA/SAIPA/CIMA articles or equivalent (Preferred)