Job Description
About the Role
A well-established hospitality group is seeking an experienced Financial Accountant to manage and oversee financial accounting, reporting, reconciliations, compliance, and internal controls for a hospitality establishment (hotel, resort, lodge, restaurant group, or hospitality management company). The ideal candidate will ensure accurate financial information to support operational decision-making and business performance.
Key Responsibilities
- Prepare monthly management accounts (P&L, Balance Sheet, Cash Flow).
- Perform month-end close processes (journals, accruals, prepayments, depreciation).
- Maintain general ledger accuracy.
- Produce weekly and monthly financial reports for management.
- Oversee AP processing (supplier invoices, purchase orders, GRNs).
- Ensure timely supplier payments and maintain supplier reconciliations.
- Oversee AR billing, credit control, and debt collection.
- Perform daily, weekly, and monthly bank reconciliations.
- Monitor cash flow and liquidity.
- Ensure proper cash-handling procedures (front office, bars, restaurants, petty cash).
- Verify daily revenue reports from PMS/POS systems (Opera, Micros, GAAP, etc.).
- Review room revenue, F&B revenue, banqueting/events income.
- Monitor cost of sales and inventory movements (food, beverage, consumables).
- Support stock takes and variance analysis.
- Prepare VAT calculations and submissions.
- Ensure compliance with hospitality and finance regulations.
- Liaise with auditors during internal and external audits.
- Assist with annual budgets and rolling forecasts.
- Support operational teams (F&B, Rooms, Front Office, Events) with cost insights.
- Ensure strong controls around revenue, procurement, stock, cash, and assets.
- Enforce company financial policies and SOPs.
Requirements
- Bachelor’s degree in Accounting, Finance, or related field.
- Professional qualification or studying toward: SAIPA, SAICA, ACCA (advantage).
- Hospitality finance experience preferred.
Qualifications
No qualifications mentioned.
Salary & Benefits
Competitive salary and performance-based bonuses.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in North Johannesburg
North Johannesburg is home to a thriving financial services sector, with many multinational companies having operations in the region. Typically, the accounting and finance industry in this area experiences steady demand for skilled professionals, driven by the growth of the economy and the need for organisations to maintain accurate financial records and make informed business decisions.
When it comes to salaries, typically the range for accounting and finance positions in North Johannesburg is quite broad, with experience, company size, and industry sector all playing a significant role in determining actual salaries. Generally, junior positions in this field can expect salary ranges of around R400 000 to R600 000 per annum, while senior roles can command salaries upwards of R1 million. However, it’s essential to note that these are broad estimates, and actual salaries may vary significantly depending on individual circumstances.
Common skills required for accounting and finance positions in North Johannesburg include proficiency in financial software, such as SAP or Excel, as well as a solid understanding of financial principles and regulations. Typically, candidates with a degree in accounting or finance, as well as relevant work experience, are best positioned to secure these roles. Other key skills include attention to detail, analytical thinking, and effective communication.
The financial services sector is one of the most significant industries that commonly employs accountants and finance professionals in North Johannesburg. Other sectors that often require these skills include technology, manufacturing, and retail. Typically, organisations in these industries need accounting and finance staff to manage their financial transactions, prepare financial statements, and provide insights to inform business decisions.
For those interested in pursuing a career in accounting or finance, there are many opportunities for development and advancement. Typically, junior roles can provide valuable experience and training, which can be used as a springboard for more senior positions within the organisation. External training programs, such as certifications offered by the South African Institute of Chartered Accountants (SAICA), can also enhance career prospects. With dedication and hard work, it’s generally possible to progress to leadership roles or transition into related fields, such as business analysis or financial planning.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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