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Durban: Financial Manager (QSR) – KZN posted by OttoBauthentic

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Job Description

About the Role

To lead and control the full finance function for a multi-store QSR (Quick Service Restaurant) franchise group, ensuring strong daily financial controls, accurate reporting, statutory compliance, and commercially focused insights. The role requires regular travel to all outlets to conduct on-site financial audits, compliance reviews, stock and cash checks, and to work closely with Operations and Store Management to ensure financial discipline at outlet level.

Key Responsibilities

  • Lead, manage and develop the finance team
  • Allocate and review daily, weekly and month-end outputs
  • Implement finance SOPs, approval matrices and controls
  • Ensure audit-ready processes and documentation
  • Travel regularly to all outlets to perform on-site financial audits
  • Conduct cash-up, safe count, float and banking compliance checks
  • Review store adherence to financial SOPs and franchisor requirements
  • Verify stock management practices and investigate variances
  • Produce store audit reports with action plans
  • Oversee POS sales reconciliations vs bank deposits and delivery platforms
  • Monitor voids, refunds, discounts and exception reports
  • Investigate discrepancies and escalate non-compliance
  • Maintain fraud prevention and loss-control measures
  • Analyse theoretical vs actual food and packaging costs
  • Review stock counts, waste and shrinkage trends
  • Oversee supplier invoice matching and creditor reconciliations
  • Partner with Operations to reduce cost leakage
  • Prepare monthly management accounts per store and consolidated
  • Deliver KPI dashboards and variance analysis
  • Benchmark store performance and identify risks/opportunities
  • Lead annual budgets and rolling forecasts
  • Manage cashflow forecasting and working capital
  • Support capex planning and ROI tracking
  • Review and submit VAT returns and reconciliations
  • Oversee payroll statutory compliance (PAYE/UIF/SDL)
  • Coordinate annual financial statements and audits
  • Manage relationships with accountants, auditors and banks
  • Work closely with Operations and Store Managers
  • Provide financial training to store management
  • Support new store openings and system rollouts
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Requirements

  • BCom Accounting / Finance or equivalent
  • CIMA / SAICA / SAIPA very advantageous
  • 58+ years in QSR, retail, franchise or multi-site finance roles
  • Proven finance team leadership experience
  • Hands-on store audit and control experience
  • Valid driver’s license and reliable vehicle

Qualifications

No qualifications mentioned.

Salary & Benefits

No information provided regarding salary or benefits.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Other Tourism/Hospitality Jobs in Kwazulu-Natal

The tourism and hospitality industry in Kwazulu-Natal is a thriving sector that offers various career opportunities for individuals passionate about delivering exceptional experiences to visitors. Generally, the job market in this field is competitive, with many establishments seeking skilled professionals to cater to the growing number of tourists and travelers. Typically, roles in this industry require a strong work ethic, excellent communication skills, and the ability to work well under pressure.

When it comes to salary expectations, it’s common for salaries in the tourism and hospitality sector to range from R200 000 to R400 000 per annum, depending on factors such as experience, company size, and industry sector. Typically, senior roles or positions with more responsibility can command higher salaries, while entry-level positions may start at a lower end of this range. However, it’s essential to note that these are broad estimates, and actual salaries can vary significantly.

In terms of skills, common requirements for careers in the tourism and hospitality industry include excellent communication and interpersonal skills, attention to detail, adaptability, problem-solving abilities, and a strong work ethic. Typically, a combination of on-the-job training and formal education or certifications is preferred, with some roles requiring specific industry-recognized qualifications. Other essential skills may include proficiency in languages such as Afrikaans, isiZulu, or English, depending on the location and type of establishment.

Industry sectors that commonly employ tourism and hospitality professionals include the financial services sector, technology industry, manufacturing sector, and education institutions, among others. These establishments often require staff to manage day-to-day operations, provide exceptional customer service, and contribute to the development of their brands.

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For those looking to develop a career in the tourism and hospitality industry, common progression paths include working their way up from front-of-house roles to management positions, or pursuing specialized training or certifications to move into specialized areas such as event planning or culinary arts. Generally, opportunities for career advancement exist within many establishments, especially for those who demonstrate exceptional leadership skills, innovation, and a commitment to customer satisfaction.


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



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