Financial Manager
Posted on 2025-04-09
| Employer | Valor Hospitality |
|---|---|
| Salary | 0 |
| Category | Finance Accounting |
| Location | Eastern Cape / Eastern Cape |
Job Summary
What’s in a Day’s Work?
The Hotel Financial Manager will lead the finance team and oversee all financial and accounting operations, including but not limited to:
Financial and Accounting Management:
- Manage debtors, including processing invoices, reconciling revenue systems, and following up on outstanding accounts.
- Oversee creditors by ensuring correct cost codes, approval processes, and supplier reconciliations.
- Handle cash management, including daily cash-ups, bank reconciliations, and processing petty cash transactions.
- Maintain and update stock management systems, ensuring accurate pricing, linking, and depletion records.
- Process monthly journal entries and ensure reconciliation with supporting documents.
Compliance and Control:
- Establish and maintain internal controls and reporting systems.
- Ensure adherence to financial policies and implement reliable financial control systems.
- Oversee VAT submissions and manage all VAT-related inquiries.
Payroll and HR Coordination:
- Compile and submit payroll data to outsourced providers, ensuring accuracy and timely processing.
- Manage employee records, pension claims, and other HR-related tasks.
Management Reporting and Budgeting:
- Prepare monthly management accounts and monitor expenses against budgets.
- Assist in compiling annual financial statements and facilitate audits.
- Develop and manage income, expenditure, and capital budgets in collaboration with other departments.
General
Responsibilities:
- Maintain the fixed asset register and process depreciation schedules.
- Handle insurance policy reviews, claims, and reporting.
- Oversee ad hoc activities such as license renewals, credit applications, and other operational compliance tasks.
Requirements
Qualifications and Experience:
- Bachelor’s degree in Accounting, Finance, or related field.
- Minimum of 5 years’ experience in financial management, preferably in the hospitality industry.
- Proven experience with financial controls, compliance, and audit processes.
- Proficiency in accounting software and MS Office Suite (especially Excel).
Key Competencies:
- Strong analytical and problem-solving skills.
- Exceptional attention to detail and accuracy.
- Excellent organizational and time management skills.
- Effective communication and interpersonal abilities.
- Leadership skills with the ability to mentor and develop team members.
Additional
Requirements:
- Knowledge of South African VAT, labor laws, and compliance regulations.
- Experience with stock management systems and payroll processes is advantageous.
Benefits Package
- Competitive salary
- Free meals on duty and uniforms provided
- Opportunity to work with an award-winning team in a dynamic, supportive environment
Equal Opportunity
Valor Hospitality Partners is an equal opportunity employer. We encourage diversity and are committed to creating an inclusive environment for all employees.
Please note: Only shortlisted candidates will be contacted. Shortlisted applicants will be invited to attend a virtual introduction session.
Ready to reimagine hospitality with us? Apply today and bring your financial expertise to the Drostdy Hotel team!
Financial Manager position available in Eastern Cape, Eastern Cape. This job position was posted by Valor Hospitality. The job has been posted as a char8000 ad on 2025-04-09 at 17:07:03 in the Finance Accounting category
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