Job Description
About the Role
Our client, a hospitality management company, is seeking an experienced Financial Accountant to manage and oversee financial accounting, reporting, reconciliations, compliance, and internal controls for their establishment. The ideal candidate will ensure accurate financial information to support operational decision-making and business performance.
Key Responsibilities
- Prepare monthly management accounts (P&L, Balance Sheet, Cash Flow)
- Perform month-end close processes (journals, accruals, prepayments; depreciation)
- Maintain general ledger accuracy
- Produce weekly and monthly financial reports for management
- Oversee Accounts Payable processing (supplier invoices, purchase orders, GRNs) and ensure timely supplier payments and maintain supplier reconciliations
- Oversee Accounts Receivable billing, credit control, and debt collection
- Perform daily, weekly, and monthly bank reconciliations
- Monitor cash flow and liquidity
- Ensure proper cash-handling procedures (front office, bars, restaurants, petty cash)
- Verify daily revenue reports from PMS/POS systems (Opera, Micros, GAAP, etc.)
- Review room revenue, F&B revenue, banqueting/events income
- Monitor cost of sales and inventory movements (food, beverage, consumables)
- Support stock takes and variance analysis
- Prepare VAT calculations and submissions
- Ensure compliance with hospitality and finance regulations
- Liaise with auditors during internal and external audits
- Assist with annual budgets and rolling forecasts
- Support operational teams (F&B, Rooms, Front Office, Events) with cost insights
Requirements
- Bachelor’s degree in Accounting, Finance, or related field
- Minimum 24 years accounting experience (hospitality experience strongly preferred)
- Professional qualification or studying toward: SAIPA, SAICA, ACCA (advantage)
- Experience with PMS/POS integration and hospitality financial processes
- Experience with stock control, food & beverage cost systems, and revenue controls
Qualifications
(No qualifications mentioned in the original job description)
Salary & Benefits
Salary range not specified. Performance-based bonuses available.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Gauteng
The finance and accounting sector is a significant contributor to the economy of Gauteng, South Africa, providing numerous opportunities for professionals looking to advance their careers. With major financial institutions, banks, and multinational corporations based in the province, there is a high demand for skilled finance and accounting professionals.
Salary ranges in Gauteng are generally in line with national averages, but can vary depending on factors such as industry, company size, and level of experience. According to recent job postings, average salary ranges for finance and accounting positions in Gauteng include:
R250 000 – R350 000 per annum for junior finance professionals
R400 000 – R600 000 per annum for experienced accountants
R700 000 – R1 200 000 per annum for senior finance managers
Key skills required for success in the finance and accounting sector in Gauteng include:
Financial planning and analysis
Accounting standards and compliance (e.g. IFRS)
Data analytics and reporting
Communication and interpersonal skills
Budgeting and forecasting
Risk management
Business acumen and strategic thinking
Major employers in the finance and accounting sector in Gauteng include:
Standard Bank, one of South Africa’s largest banks, with its headquarters located in Sandton, Johannesburg.
Multinational corporations such as IBM, which has a significant presence in the province, and Unilever, a leading consumer goods company.
The Johannesburg Stock Exchange (JSE), which is also based in the province and provides opportunities for finance professionals to work in investment banking and stockbroking.
Career growth opportunities are available in the finance and accounting sector in Gauteng, with many companies investing in training and development programs to support their employees’ career progression. Senior finance managers can move into executive roles, while experienced accountants can take on leadership positions or start their own businesses. Additionally, the JSE offers a range of training programs and certifications for finance professionals, such as the Certified Financial Analyst (CFA) program.
Overall, the finance and accounting sector in Gauteng presents numerous opportunities for career advancement and professional growth, with a high demand for skilled professionals and competitive salary ranges.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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