Johannesburg: Group Financial Manager – Luxury Property Group – Johannesburg | Lb posted by Kendrick Recruitment

Group Financial Manager – Luxury Property Group, Johannesburg Salary: Negotiable DOE Kendrick Recruitment is seeking an experienced and strategic Group Financial Manager for a leading luxury property group in Johannesburg. This senior role is responsible for overseeing financial operations across multiple entities, ensuring accurate reporting, compliance with regulatory standards, and providing actionable financial insights that support business growth. Key Responsibilities: Financial Reporting: • Prepare monthly management accounts within specified timelines, including variance analysis and commentary • Maintain chart of accounts structures across multiple entities and ensure accuracy of intercompany eliminations • Coordinate year-end statutory accounts and audits, ensuring compliance with IFRS/GAAP and local tax laws Budgeting, Forecasting and Planning: • Lead the annual budgeting cycle and rolling forecasts by property and department, including Capex and Opex • Monitor performance against budgets and provide detailed variance analysis Cash Flow, Working Capital and Controls: • Consolidate cash flow across properties and manage liquidity, credit terms, and collections • Manage intercompany transactions and reconciliations • Strengthen internal controls across cash handling, POS settlement, tips and service charge distribution, stock management, and night audit reconciliation • Oversee inventory controls including recipe costing, yield and wastage, stock counts, and variance analysis, working closely with culinary and procurement teams to reduce cost of sales Compliance and Internal Controls: • Implement and maintain robust internal financial controls • Coordinate external audits and ensure timely completion • Ensure compliance with tax, payroll, and statutory requirements • Support insurance reviews, risk registers, and business continuity planning Strategic Financial Support: • Provide financial insights to support strategic business decisions • Assist with M&A activities, financial modelling, and due diligence Leadership and Team Management: • Collaborate with finance teams across subsidiaries • Drive process improvements and ERP system enhancements Qualifications and Experience: • Bachelor’s degree in Finance, Accounting, or Business (Master’s or MBA advantageous) • 5–8 years’ experience in multi-property hospitality finance or group finance roles, including consolidation and audit coordination • Strong knowledge of IFRS/GAAP, tax compliance, and hospitality KPI frameworks Technical Skills: • Advanced proficiency in Excel or Google Sheets • Hands-on experience with PMS, POS, and ERP system integrations • Strong financial modelling and forecasting capabilities Key Skills and Competencies: • Commercial acumen with a strong hospitality operations mindset • Excellent stakeholder management, including GMs, Owners, Brand/Franchise, Revenue, Culinary, and HR • Strong attention to detail with accuracy under pressure • Proven leadership in process improvement and change management • Strategic thinker with excellent analytical and problem-solving abilities • Strong communication and leadership skills Benefits: • Competitive salary with performance-based bonuses • Professional development opportunities • Comprehensive benefits package If anyone is interested in applying for this role, they are encouraged to submit their CV for consideration.