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 a hospitality establishment. The successful 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 AP processing (supplier invoices, purchase orders, GRNs)
- Ensure timely supplier payments and maintain supplier reconciliations
- Oversee AR 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
- Formal education/certifications: Bachelor’s degree in Accounting, Finance, or related field
Salary & Benefits
- Salary: R35 000 – R40 000 per annum
- 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 Gauteng
In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.
When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.
Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.
Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.
For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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