Franschhoek: Financial Manager posted by Craven Cottage CC

Duties:
 
Leadership & Team Management:
 
Lead and mentor the members of the finance team, promoting a culture of accountability, accuracy and service excellence.
Set clear goals, provide coaching and drive continuous improvement.
Manage workload effectively within the team and address any concerns raised.
Have a clear working knowledge of all company policies and operate within their scope.
Build cross-departmental financial awareness and provide guidance and support to non-financial managers within the business.
 
Financial Management & Reporting:
 
Oversee the full financial accounting function, including journals, reconciliations, month-end, management accounts and intercompany transactions.
Financial systems management and development according to business and reporting needs.
Drive profitability through continuous review of departmental cost structures, margins and yields.
Support the decision-making for new revenue initiatives.
Present financial insights, forecasts and variance analysis to the General Manager and heads of department.
Drive accurate and timeous monthly reporting including P&L and balance sheet reconciliations.
Produce detailed monthly financial reports segmented by department (Rooms, F&B, Spa, Winery, Retail).
 
Budgeting & Forecasting:
 
Lead annual budgeting and forecast cycles, collaborating closely with the Heads of Department to ensure realistic, data-driven forecasting.
Perform preliminary analysis of the variances between budgets, actuals, forecasts, statistics and KPIs.
Analyse budget vs. actual performance, highlighting opportunities for revenue growth and cost optimization.
Operational Finance & Controls:
 
Implement and monitor internal controls across all departments, particularly cash handling, stock management and procurement.
Comprehensive cash flow management.
Analysing stock reports, movements and processing stock related journals.
Oversee the restaurant Point of Sale and Hotel’s Property Management System integrations.
Ensure appropriate application of accounting policies and company standard processes.
Maintain the Fixed Asset Register and Capex control schedule, ensuring accuracy and completion.
Immerse yourself in the day-to-day operations of the property.
 
Compliance & Auditing:
 
Management of internal and external auditing processes, ensuring processes and systems are compliant with best business practice and audit requirements and findings.
Ensure compliance with VAT, Income Tax, PAYE, U.I.F, SDL and other statutory obligations.
Liaise with external auditors, SARS and financial institutions.
Maintain accurate and timely statutory reporting and audit readiness.
Support statutory and financial reporting compliance activities as required.
Ensure compliance with IFRS, company policies, and group reporting standards.
 
Requirements:
 
BCom Accounting or equivalent degree.
Completion of SAICA articles.
Minimum of 5 years’ post-article experience in financial management or senior accounting.
Experience in the hospitality industry would be an advantage with restaurant Point of Sale and Property Management systems knowledge.
Proficient knowledge of Sage X3.
Excellent communication skills, with the ability to lead, guide and support members of the team.
Strong analytical, financial modelling and problem-solving skills.
Commercially minded with a strategic outlook and hands-on operational awareness.
Excellent organisational and administrative skills with the ability to manage time and meet tight deadlines.
Proactive, uses initiative and committed to the interests of the business, service excellence, guest satisfaction and internal customers (your colleagues).
Works with passion, pride, and ambition.
Flexible manner with the ability to respond and adapt to situations.
A team player with the ability to work independently.
Works well under pressure and naturally goes the extra mile.
High level of accuracy and attention to detail.
Sense of responsibility and ethical standards.
Results and standards orientated.