Financial Controller - Cape Town, South Africa - Tanya Serra

Tanya Serra
Tanya Serra
Verified Company
Cape Town, South Africa

2 weeks ago

Thabo Mthembu

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Thabo Mthembu

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Description
Job Posted: 26-Jan-2023


  • Location: Cape Town
  • Ensure all related local and corporate policies and procedures and management and other agreements are observed by all finance and management personnel.
  • Safeguard all of the business assets and financial resources to ensure that all are utilised to maximize the business profitability.
  • Responsible for overseeing the monitoring, controlling and recording all sales, purchases, salaries and expenses of the business.
  • Responsible for ensuring the Finance team is familiar with the Finance policy manual and that all policies within the manual are implemented and followed.
  • Maintain close liaison with the external and internal auditors and ensure effective action as necessary on all their agreed upon recommendations. Work along with/assist Financial Controllers in developing effective responses to all recommendations made by Internal and External Auditors; as well as direct action and available human resources, when needed, to implement corrective measures.
  • Responsible for overseeing the preparation of all monthly financial reporting of the business.
  • Responsible for ensuring that reporting is prepared in established corporate formats and in accordance with generally accepted accounting principles.
  • Responsible for overseeing the preparation of forecasts, budgets and long term plans for the business.
  • Oversee the financial management and the monthly and annual reporting of the business.


Responsible for monitoring all budgets and for reporting major deviations of over-expenditure, under-budgeting or non-compliance to the approved budget of the business.


  • Responsible to assist the General Manager in implementing controls, solutions and action plans to bring actual performance as close as possible to budget.
  • Assist the General Manager in establishing local policies, rules, internal controls and safeguards that ensure profitability and control of operations.
  • Advise and provide counsel to the General Manager and finance teams on all financial matters.
  • Oversee the Treasurer function with regard to cash planning, and review the cash position on a weekly basis in order to optimize the use of funds and minimize the volume of cash being held in the business.
  • Responsible for ensuring that all taxes are paid and that all related reports are filed on a timely basis.
  • Review all changes of tax laws and accounting policies, assess their implications on the business and ensure the finance team implements appropriate changes.
  • Together with the General Manager and local legal support, manage the relations with third party owners or partners.
  • Communicate relevant information to the Divisional Financial Controller and the Area Director of Finance and General Manager and ensure that they are kept well informed of any significant issues.
  • Must be able to maintain good relationships with all departments in the regional offices and the field.
  • Report any problems/complaints to the Divisional Financial Controller and General Manager.

Required Qualifications, Skills & Experience

  • A degree in accounting from a recognised tertiary educational institution. A degree in business, finance or hospitality is desirable.
  • A professional accounting qualification is desirable.
  • Experience in the audit function within a big 4 accounting practice is desirable.
  • The individual should have a minimum of five years' experience as a Hotel Financial Controller, preferably within an international Hotel chain environment.
  • Must have thorough knowledge of all jobs in the Accounting, Purchasing and Food and Beverage control areas.
  • Fluency in English is essential.
  • Excellent knowledge of accounting and financial processes (budgeting, financial closure, reporting etc.)
  • Understanding standard cost calculation.
  • Thorough understanding of data analysis and forecasting.
  • Excellent knowledge of MS Office (especially excel).
  • Job Title
  • Financial Controller
  • Employer Type
  • Employer Type
-> Hotels

  • Job Type
  • Job Classification > Finance
  • FT/PT
  • Job Type
-> Full-time

  • Province
  • Location > Western Cape
  • Town/City
  • Cape Town
  • Salary Type
  • Monthly
  • Salary
  • TBA
  • Start Date
  • As soon as
  • Redirect me to
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