Financial Manager (CA)
Robert Walters
Robert Walters South Africa
What you'll do
As Finance Manager, you will be entrusted with overseeing all aspects of the hotel's financial operations. Your day-to-day responsibilities will involve preparing budgets based on occupancy rates and sales trends, conducting detailed analyses of financial performance, generating monthly statements, and presenting these findings to management. You will monitor cash flow to ensure operational liquidity, manage bank accounts, and oversee cash handling procedures. Cost control will be central to your role as you develop initiatives aimed at enhancing profitability. Compliance is paramount; you will coordinate audits and liaise with external auditors while ensuring adherence to regulations. Leading the finance team is another key aspect-supervising staff, providing training, and fostering a collaborative atmosphere. Strategic input is expected as you work alongside other departments to align financial goals with business objectives. Success in this position requires meticulous attention to detail, strong organisational skills, and the ability to meet deadlines under pressure.
- Prepare comprehensive budgets and forecasts by analysing occupancy rates, sales trends, and operational costs to support effective financial planning.
- Conduct thorough analysis of financial performance to identify areas for improvement and recommend actionable solutions.
- Generate monthly financial statements, balance sheets, and profit and loss reports to provide clear insights into the hotel's financial status.
- Present detailed financial reports to management and stakeholders, ensuring transparency and informed decision-making.
- Monitor cash flow closely to guarantee adequate liquidity for daily operations while managing bank accounts and overseeing cash handling procedures.
- Develop and implement cost-saving initiatives by evaluating departmental expenses and suggesting changes to enhance profitability.
- Ensure strict compliance with all relevant financial regulations and internal hotel policies while coordinating annual audits with external auditors.
- Supervise and train accounting and finance staff, fostering a collaborative working environment that encourages professional growth.
- Contribute actively to strategic planning processes by aligning financial goals with broader business objectives through cross-departmental collaboration.
- Maintain meticulous attention to detail in all aspects of financial management while meeting deadlines under pressure.
What you bring
The ideal candidate for the Finance Manager position brings proven experience in hospitality finance management along with advanced qualifications such as a Chartered Accountant designation. Your background includes extensive exposure to budgeting processes, forecasting techniques, and producing detailed financial reports. You possess technical proficiency in leading accounting software platforms like Oracle or SAP as well as hotel-specific systems. Your interpersonal skills are exceptional; you communicate complex concepts clearly while building trust among colleagues. A deep understanding of regulatory requirements ensures compliance throughout all operations. You are highly organised with an eye for detail-qualities essential for managing multiple tasks efficiently under tight deadlines. Your leadership style is supportive; you encourage collaboration within your team while nurturing their professional development. These attributes make you uniquely suited for this role where teamwork, dependability, and knowledge-sharing are highly valued.
- Bachelor's degree in Finance, Accounting, Business Administration or related field is required for this role.
- A Chartered Accountant (CA) designation or similar professional certification is mandatory for consideration.
- Minimum of five years' experience in financial management within the hospitality industry demonstrates your dependability.
- Proven track record in budgeting, forecasting, and producing accurate financial reports shows your commitment to excellence.
- Advanced proficiency in accounting software such as Oracle or SAP as well as hotel management systems highlights your technical expertise.
- Exceptional communication skills enable you to present complex information clearly to both management and stakeholders.
- Strong interpersonal abilities foster collaboration within teams and across departments.
- Deep understanding of relevant financial regulations ensures compliance at every stage of operations.
- Meticulous attention to detail combined with high levels of organisation allows you to manage multiple priorities effectively.
- Leadership qualities that nurture team members' growth contribute positively to a supportive working environment.
Please send CV to ***email_hidden***