Job Description
Key Responsibilities
Financial Operations & Controls
- Oversee all property finance functions, ensuring accuracy and compliance with group SOPs.
- Review and approve purchase orders, ensuring correct allocation and adherence to budgets.
- Manage cash flow, including petty cash and credit card reconciliations.
- Validate daily revenue submissions and ensure timely, accurate reporting.
- Maintain and reconcile the fixed asset register and operating equipment assets for both insurance and finance purposes.
- Oversee inventory management, including variance recounts, workbook validation, and final sign-off on control systems.
Budgeting, Reporting & Analysis
- Drive and own the annual budget process at property level, collaborating with department heads.
- Prepare and analyze management accounts, providing variance analysis and actionable insights.
- Produce flash and project reports to support business decision-making.
- Support the pricing of extras and ancillary services at property level.
Audit, Compliance & Internal Controls
- Ensure robust internal controls are in place and adhered to, in line with group standards.
- Assist with annual external audits and ensure all supporting documentation is accurate and available.
- Manage gate fees, coupons, and levies, ensuring proper allocation and reconciliation.
Collaboration & Stakeholder Management
- Act as the key finance link between the property and the support office procurement team.
- Work closely with HR on gratuities, staff deductions, and payroll-related finance matters.
- Support operational teams with financial guidance and training as needed.
Requirements
- Education: B.Com degree in Finance, Accounting, or related field.
- Experience: Minimum 5 years’ experience in finance, with at least 2 years in the hospitality sector.
- Systems: Advanced proficiency in MS Office; experience with Sage Software (Intacct preferred).
- Skills: Strong analytical and problem-solving skills, meticulous attention to detail, and the ability to manage multiple priorities in a fast-paced environment.
- Personal Attributes: Proactive, collaborative, and able to communicate financial concepts clearly to non-financial stakeholders.
- Excellent attention to detail.
- Excellent communication skills (written and verbal), practicing honest communication.
- Team player with positive attitude, enthusiasm, and emotional control.
- Excellent time management and self-discipline, interpersonal & solution seeking skills.
- Proactive, use initiative and creative flair when required.
- Committed and loyal, adaptable, and flexible.
- Must work accurately under pressure.
- People skills – tolerance, patience, and care, ability to receive constructive feedback openly.
About Other Finance/Accounting Jobs in Western Cape
In the Western Cape, the finance and accounting profession is a thriving industry with a strong demand for skilled professionals. Typically, the job market trends indicate a steady growth in the need for finance and accounting expertise across various sectors. This is often driven by the increasing importance of financial management, regulatory compliance, and data-driven decision-making in businesses.
When it comes to salaries, it’s common to see broad ranges varying depending on factors like experience, company size, and industry sector. Generally, entry-level positions can expect salaries ranging from R250 000 to R400 000 per annum, while senior roles may command salaries between R600 000 and R1 200 000 or more, depending on the individual’s qualifications and level of expertise.
Common skills required for finance and accounting roles in Western Cape include proficiency in financial software such as QuickBooks, Xero, or SAP; strong analytical and problem-solving skills; excellent communication and interpersonal skills; attention to detail and organisational abilities; knowledge of tax laws and regulations; and experience with budgeting and forecasting tools. Typically, a degree in commerce, accounting, or a related field is also essential.
Industry sectors commonly employing finance and accounting professionals include the financial services sector, technology industry, manufacturing sector, and corporate organisations. These roles often involve providing financial guidance, managing budgets, preparing financial reports, and ensuring compliance with regulatory requirements.
For those looking to advance their careers in finance and accounting, career development opportunities abound. Typically, experienced professionals can move into senior management positions or pursue specialisations like forensic accounting, audit, or financial planning. Others may choose to transition into related fields like business consulting, investment banking, or entrepreneurial ventures. With continuous learning and professional development, finance and accounting professionals in Western Cape can enjoy a rewarding and challenging career with opportunities for growth and advancement.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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