Sandton: Group Financial Manager – Hotel Group – Sandton posted by HotelJobs

Group Financial Manager required for a hotel group. Position is Sandton based. Minimum Experience & Requirements Matric Certificate minimum tertiary degree/diploma in Finance would be preferred 4 to 5 years minimum experience in a senior financial role, preferably in luxury hospitality or travel, with a solid track record As the Financial Manager, your previous experience includes, but is not limited to supervising a finance team, whereas a self-driven individual you require very little financial supervision. You should be commercially astute with strong leadership qualities. Strong analytical and problem-solving skills, financial literacy, effective communication, leadership, and the ability to manage budgets and costs effectively, while also understanding industry-specific regulations and compliance Proficiency in MS Office Suite, with Advanced Level Excel skills Proficiency in SAGE 300 or similar Accounting Software Knowledge of Hospitality Property Management Systems OPERA V5 or OPERA Cloud would be preferred Proficiency in Sage Payroll Professional would be beneficial Valid RSA ID Key Responsibilities: Financial Reporting Prepare monthly management accounts within defined timelines, including variance analysis and commentary. Maintain chart of accounts structures across multiple entities; ensure accuracy of intercompany eliminations. Coordinate year-end statutory accounts and audits; ensure compliance with IFRS/GAAP and local tax laws. Budgeting; Forecasting & Planning Lead the annual budgeting cycle and rolling reforecasts by property and department, including Capex and Opex plans. Monitor performance against budgets and provide variance analysis. Cash Flow, Working Capital & Controls Consolidate cash flow across properties; manage liquidity, credit terms, and collections. Manage intercompany transactions and reconciliations. Strengthen internal controls for cash handling, POS settlement, tips/service charge distribution, stock management, and night audit reconciliation. Oversee inventory controls (recipe costing, yield/wastage, stock counts, variance analysis); collaborate with culinary and procurement teams to reduce Apply Below & Internal Controls Implement and maintain robust internal controls. Coordinate external audits and ensure timely completion. Ensure compliance with tax, payroll, and statutory requirements. Support insurance reviews, risk registers, and business continuity planning. Strategic Financial Support Provide financial insights to support strategic decisions. Assist with M&A activities, financial modelling, and due diligence. Leadership & Team Management Collaborate with finance teams across subsidiaries. Drive process improvements and ERP system enhancements. Qualifications & Experience Bachelors degree in finance, Accounting, or Business (Masters/MBA advantageous). 58+ years in multi-property hospitality finance or group finance roles, including consolidation and audit coordination. Strong command of IFRS/GAAP, tax compliance, and hospitality KPI frameworks. Technical Skills Advanced Excel/Google Sheets proficiency. Hands-on experience with PMS, POS, and ERP integrations. Strong financial modelling and forecasting capabilities. Key Skills & Competencies Commercial acumen with a hospitality operations mindset. Strong stakeholder management (GMs, Owners, Brand/Franchise, Revenue, Culinary, HR). Detail orientation with speed and accuracy under seasonal pressure. Leadership in process improvement, change management, and cross-functional collaboration. Strategic thinking and business acumen. Strong analytical and problem-solving skills. Excellent communication and leadership abilities. High attention to detail and accuracy.