Somerset West: Financial Manager posted by Helderberg Personnel

Key Responsibilities Include But Are Not Limited To
Financial Management & Reporting

• Prepare monthly management accounts and financial reports
• Analyse financial performance against budgets and forecasts
• Monitor revenue, expenditure, profitability and departmental performance
• Maintain accurate financial records and ensure sound financial controls
• Provide financial analysis and recommendations to management

Finance Operations

• Oversee creditors, supplier reconciliations and payment processes
• Manage cashbook processing, bank reconciliations and petty cash controls
• Monitor debtors, outstanding accounts and collections
• Review payroll information and related financial journals
• Ensure accurate month-end journals, reconciliations and general ledger maintenance

Budgeting, Forecasting & Cost Control

• Coordinate annual budgeting and financial forecasting
• Monitor cash flow and financial performance
• Assist department heads in managing budgets and controlling expenditure
• Analyse variances and identify opportunities to improve profitability
• Monitor stock, cost of sales and revenue reporting across departments

Compliance & Audit

• Ensure VAT and statutory submissions are completed accurately and on time
• Coordinate year-end audit preparation and supporting documentation
• Maintain the fixed asset register and monitor capital expenditure
• Ensure compliance with company policies, legislation and internal controls

Operational Support

• Partner with operational departments to provide financial guidance and support
• Assist management with financial planning and commercial decision-making
• Identify financial risks and recommend process improvements
• Build strong working relationships across the business

Criteria

• Relevant qualification in Finance, Accounting or Bookkeeping
• At least 5 years’ previous experience as a Finance Manager, Assistant Financial Manager, Management Accountant or similar
• Hospitality or hotel industry experience is essential
• Strong knowledge of management accounts, budgeting, forecasting and cash flow management
• Sound understanding of creditors, debtors, payroll, VAT, reconciliations, stock control and month-end procedures
• Advanced Microsoft Excel skills with strong financial systems knowledge
• Experience on hotel and accounting systems such as Opera, Protel, Micros, Lightspeed, Pastel, Xero or similar would be advantageous
• Excellent analytical, organisational and problem-solving abilities
• High level of accuracy, attention to detail and ability to meet deadlines
• Professional, confidential and able to work effectively with both finance and operational teams