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)
- 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 2–4 years accounting experience (hospitality experience strongly preferred)
- Professional qualification or studying toward: SAIPA, SAICA, ACCA (advantage)
Qualifications
None mentioned.
Salary & Benefits
Performance-based bonuses.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in South Africa
In the accounting and finance sector in South Africa, one can expect to find a dynamic and growing industry with a wide range of job opportunities. The demand for skilled professionals in this field is high, driven by the country’s growing economy and increasing need for financial management and planning.
Typically, salaries for accountants and finance professionals in South Africa fall within broad ranges, often influenced by factors such as level of experience, company size, and industry sector. Generally, starting salaries can range from around R300 000 to R500 000 per annum, with more senior roles commanding significantly higher salaries, often exceeding R1 million per annum. However, it’s essential to note that these figures are highly variable and can differ substantially depending on individual circumstances.
Common skills required for accounting and finance roles in South Africa include proficiency in financial software such as SAP or Oracle, strong analytical and problem-solving skills, excellent communication and presentation abilities, attention to detail and organisational skills, and a basic understanding of tax laws and regulations. Other valuable skills may include knowledge of financial management systems, experience with budgeting and forecasting, and certification in accounting or finance, such as a Chartered Accountant (SA) designation.
Many industries employ accountants and finance professionals, including the financial services sector, technology industry, manufacturing sector, and public sector organisations. The demand for skilled accountants is particularly high in these sectors, where financial management and planning are critical to success.
Career development opportunities abound in accounting and finance roles, with many professionals progressing to senior positions such as chief financial officer (CFO), controller, or department head. Opportunities for specialisation also exist, with areas like forensic accounting, audit, and taxation attracting a high level of interest. With ongoing professional development and certification requirements, those pursuing a career in accounting and finance can enjoy a rewarding and challenging career path.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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