Hospitality Financial Controller - Mthatha, South Africa - Billion Group

Description

• In conjunction with the respective General Manager, is responsible for the financial and monthly management of accounts within the hotel and casino budgets, forecasts, insurance, fixed assets and operating equipment. Steer the preparation of internal and external financial statements.
• Emphasis on creditors, debtors, and general administration of procedures and standards.
• The Financial Controller shall have fiduciary responsibility for the safekeeping and use of all funds and assets of the Company as well as planning and directing the systems of financial accounting. All duties are to be performed in accordance with the relevant legislation.
• Assume overall accountability for the correct and accurate accounting classification of all expenditures and documents, including capital and others.
• Interpret operating results as they affect the financial aspects of the Company and make specific recommendations, which will result in cost reductions and profit improvement for Executive Management evaluation
• Responsible for Casino Cash Desk operations, hard and soft count and Casino collections.
• Acts as the immediate contact for Corporate, Independent and all government regulatory agencies on all accounting and financial matters.
• Accountable for the internal accounting and administrative controls to ensure that all transactions are handled correctly.
• Coordinate longrange plans and budget requirements to ensure that Mayfair Hotel and Mayfair Casino goals and objectives are met.

• Responsible for checking all front office charge accounts are processed correctly, ensuring that all details are correct and correspondence of confirmed payment is attached to accounts.
• Responsible for balancing all charge accounts daily, invoices are actioned and followup on accounts are conducted on a daily basis.
• Responsible for the controlling and balancing of all credit cards, and ensures totals of speed point balances.
• Responsible for checking all travel agents' accounts to ensure that all dockets and documentation is attached prior to being sent out.
• Responsible for prelisting and balancing of all accounts to ledger and from ledger.

• Ensure that all invoices are processed and correctly allocated in the computerised creditors system, and that the suppliers are timeously paid.
• Ensure that all creditors' statements are reconciled on a monthly basis.
• Ensure that travel agents' commissions are correct and reconciled on a monthly basis.

• To setup and maintain the procedures of the deposit account and in so doing to liaise with the General Manager to ensure accuracy and that the deposit account balances.
• To ensure that sufficient funds are available in other accounts when drawing on them.
• Responsible to ensure that the banking of the previous day's business is collected and balanced to the daily balancing summary.
• Maintains all banking and other financial service relationships.

• Responsible for the controlling and issuing of floats to departments as required after approval by the General Manager.
• Responsible for checking the night audit reports and to providing corrective action.
• To assist with stocktaking
• To check and verify the Food and Beverage Trading Summaries are correct prior to submission.
• For the casino the following must be completed monthly, before the 10th day of each month:
• Payroll to SARS
• Vat to SARS
• Petty cash and vault balancing
• Management accounts
• ECGB levies
• Customer statements
• Ensuring that personnel files are opened for each individual.
• Collects and verifies time books/sheets for payroll information monthly.

• To ensure that financial figures required by Head Office are submitted timeously and are 100% accurate.
• To be available for debt collecting in nearby locations as directed by the General Manager.
• Responsible for the bookkeeping/administration of both properties.
• Daily checking of computer report with specific analysis of room revenues/outlet revenues/telephone revenues and the guest and ledger.
• Ensuring that the revenue report is distributed to management every morning.
• Controlling of purchases requirements against budget on a daily basis.
• Ensuring weekly figures to head office every week.
• Preparing, controlling and maintaining quarterly stock take of operating equipment.
• Attendance of monthly meeting and financial revenue meetings.
• Keeps abreast of current trends and practices within area of responsibility and communicate pertinent information to subordinates.
• Ensure effective communications is maintained within areas of responsibility by informing employees of plans and progress and by conducting employee discussion sessions at regular intervals.

• Mthatha,