Job Description
About the Role
A dynamic and detail-oriented Financial Manager is sought after to join the team of a boutique hotel in Gardens, Cape Town. This role offers an opportunity to play a pivotal part in two of Cape Town’s most iconic properties, ensuring financial excellence and supporting unforgettable guest experiences.
Key Responsibilities
- 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.
- Drive and own the annual budget process at property level, collaborating with department heads.
- Prepare and analyse 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.
- 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.
Requirements
- Grade 12
- Bachelor’s degree in Finance, Accounting, or related field
Qualifications
- None mentioned
Salary & Benefits
- Salary details not specified
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Cape Town Region
In the Cape Town region, accounting and finance positions are typically found in various industries, including financial services, technology, and manufacturing sectors. The job market for these roles is generally stable, with a steady demand for skilled professionals to support business growth and development.
Accountants and finance specialists in Cape Town can expect salaries that range from R400 000 to R1 500 000 per annum, depending on factors such as level of experience, company size, industry sector, and specific job requirements. For example, entry-level positions may start at the lower end of this range, while senior roles or those in larger companies may command higher salaries towards the upper end. However, these figures are only general guidelines and actual salaries can vary significantly depending on individual circumstances.
Common skills required for accounting and finance roles in Cape Town include proficiency in financial software such as SAP or Xero, strong analytical and problem-solving skills, excellent communication and interpersonal skills, a solid understanding of tax laws and regulations, experience with budgeting and forecasting, and a degree in accounting or a related field. Other desirable skills may include knowledge of cloud-based technologies, data analysis tools, and industry-specific regulations.
The financial services sector is one of the largest employers of accountants and finance specialists in Cape Town, followed by technology and manufacturing industries. These sectors require professionals with a strong understanding of financial management, budgeting, and forecasting to support business growth and decision-making. Other industries that may employ accounting and finance staff include construction, tourism, and agriculture.
For those interested in pursuing a career in accounting or finance, there are many opportunities for professional development and advancement. Many companies in Cape Town offer training programs and mentorship schemes to help employees build their skills and expertise. Additionally, certifications such as the Certified Public Accountant (CPA) designation can be beneficial in enhancing career prospects. Overall, a strong foundation in accounting and finance, combined with relevant work experience and industry-specific knowledge, can lead to a successful and rewarding career in this field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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