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Cape Town City Centre: Financial Manager – Operations

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Job Description

About the Role

The Financial Manager – Operations role is a critical component of our organisation’s financial management, responsible for ensuring accurate reporting, strong controls, and statutory compliance across multiple business units in Cape Town City Centre.

Key Responsibilities

  • Prepare and present monthly management accounts, balance sheet reconciliations, and performance analysis to senior leadership
  • Drive cost control through detailed budget vs actual analysis, identification of cost drivers, and implementation of savings initiatives
  • Oversee procurement activities, supplier negotiations, contract management, and adherence to purchasing protocols
  • Manage stock controls, including monthly counts, spot checks, slow-moving stock identification, and compliance with receiving procedures
  • Lead treasury activities including payment approvals, cash-flow forecasting, banking reconciliations, and cash controls
  • Maintain oversight of fixed assets, fleet management, and asset disposals, ensuring accurate registers and safeguarding of assets
  • Ensure accurate payroll inputs, review payroll reports, and monitor staffing costs against approved structures
  • Monitor accounts receivable and debtor ageing, highlighting risks and supporting resolution
  • Lead budgeting, forecasting, and financial planning, including preparation of income statements, balance sheets, and cash-flow forecasts
  • Coordinate external audits and support the preparation of annual financial statements in line with applicable accounting standards

Requirements

  • Hospitality or tourism industry experience beneficial
  • Proven experience as a financial manager
  • Minimum 5 years in an operational finance role within a complex, multi-entity environment
  • Experience in cost control, procurement, and cash flow management
  • Experience managing fixed assets, stock controls, and operational financial processes

Qualifications

Completed articles beneficial

Completed Tertiary degree in Finance or Accounting

Salary & Benefits

Salary range to be discussed

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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.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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