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Cape Town City Centre: Financial Manager (5* Boutique Hotel) – Gardens, Cape Town posted by Phoenix Recruitment

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Job Description

Boutique Hotel & Restaurant in Gardens, Cape Town is looking for a dynamic, detail-oriented Financial Manager to join their team. This is your opportunity to play a pivotal role in two of Cape Town’s most iconic properties , ensuring financial excellence and supporting unforgettable guest experiences. Duties: 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 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. 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: Grade 12 Apply Below degree in Finance, Accounting, or related field. Minimum 5 years’ experience in finance, with at least 2 years in the hospitality sector. Advanced proficiency in MS Office; experience with Sage Software (Intacct preferred). Strong analytical and problem-solving skills, meticulous attention to detail, and the ability to manage multiple priorities in a fast-paced environment. Proactive, collaborative, and able to communicate financial concepts clearly to non-financial stakeholders.
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