Job Description
About the Role
We are seeking an experienced and skilled Assistant Financial Controller to join our team at the Ultra Luxury Hotel in Sea Point. As a key member of our finance department, you will be responsible for overseeing daily accounting operations, ensuring accurate financial reporting, internal controls, and compliance. With a proven track record in hotel pre-opening experiences, we are looking for someone who has been instrumental in establishing operational standards, systems, service culture, and team structures from the ground up.
Key Responsibilities
- Prepares monthly management accounts
- Reconciles balance sheet accounts
- Prepares general ledger journals
- Ensures compliance with SOPs and legal requirements
- Manages AP/AR, petty cash, and daily income audits
- Monitors hotel cash control and working capital
- Assists with annual budgets, forecasting, and expense monitoring
- Acts as a liaison between the finance department and other operational departments (F&B, Front Office) to ensure accurate revenue reporting (PMS/POS systems)
- Supervises accounting staff
Requirements
- Grade 12 Degree in Accounting or Finance, or relevant professional qualification
- At least 35 years in a hotel accounting role, with experience in hotel systems
- Proficiency in Excel, strong analytical capabilities, knowledge of IFRS and local tax legislation
- Demonstrated experience serving an international, high-net-worth, and culturally diverse clientele
- Thorough understanding of the intimate, detail-obsessed, and hyper-personalised service culture that defines a 102-key operation
- High degree of accuracy and numerical aptitude
- Strong organisational skills and attention to detail
- Ability to meet deadlines and work under pressure
- Honest; trustworthy, and able to handle confidential financial information
- Good communication and interpersonal skills
Qualifications
None mentioned in the original job description.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in South Africa
In the realm of finance and accounting in South Africa, industry trends indicate a strong demand for professionals with expertise in financial management, analysis, and planning. Typically, roles in this sector involve supporting the financial performance of an organization, ensuring compliance with regulatory requirements, and providing strategic advice to senior management. Generally, career prospects are promising, particularly for those with advanced qualifications or relevant work experience.
Salaries for finance and accounting professionals in South Africa can vary widely depending on factors such as level of experience, company size, and industry sector. Typically, entry-level positions may start within the R200 000 – R350 000 per annum range, while senior roles can command salaries ranging from R800 000 to over R1 million per annum. However, these figures are broad and can fluctuate based on market conditions, company needs, and individual performance.
Common skills required for finance and accounting professionals in South Africa include proficiency in financial software such as SAP, Microsoft Excel, and accounting systems; analytical and problem-solving abilities; strong communication and interpersonal skills; attention to detail and organizational prowess. Other essential skills may include knowledge of tax laws and regulations, financial modeling, and data analysis.
The financial services sector, technology industry, and manufacturing sector are among the most common industries that employ finance and accounting professionals in South Africa. Financial services companies often require professionals with expertise in financial planning, risk management, and compliance. The technology industry demands professionals with experience in software implementation, cost analysis, and IT project management. Manufacturing sectors typically need accountants with knowledge of inventory management, supply chain optimization, and production planning.
Career development opportunities for finance and accounting professionals in South Africa are generally good, with many companies investing in training and development programs to enhance their employees’ skills. Typically, career progression involves moving into senior roles, such as financial manager, controller, or chief financial officer, where professionals can take on more strategic responsibilities and contribute to the organization’s growth and success.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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