South Africa: Finance Manager – Cape Town (Hybrid) posted by HotelJobs

Leading Inbound DMC based in Cape Town (hybrid working offered) is looking for a Finance Manager. As a Finance Manager ; you will report directly to the Director ; with responsibilities that include, financial planning, reporting, budgeting, forecasting and analysis ; working closely with management to support the growth and profitability for various entities. Duties: Financial Strategy & Planning: Develop and implement financial strategies aligned with the companys goals and objectives. Provide financial guidance and strategic input to management to support decision-making and long-term planning. Oversee the preparation and execution of annual budgets, ensuring alignment with the companys operational needs. Forecast future financial trends, identifying risks and opportunities to maximise profitability and sustainability. Financial Reporting & Analysis: Prepare; analyse and present accurate and timely financial reports, including income statements, balance sheets, cash flow statements and other key financial documents. Monitor and analyse financial performance, including variances from budgets and forecasts and recommend corrective actions when needed. Ensure compliance with relevant financial regulations and reporting standards. Report key financial metrics to the directors, providing insights to drive informed decision-making. Cash Flow & Treasury Management: Manage cash flow and liquidity to ensure the company has adequate financial resources to meet its obligations and fund business operations. Oversee banking relationships, managing short-term and long-term cash requirements. Ensure efficient cash management, including optimising accounts receivable and accounts payable processes. Internal Controls & Compliance: Establish and maintain strong internal controls to safeguard company assets, ensure financial accuracy and prevent fraud. Ensure compliance with financial regulations and tax laws. Work closely with auditors to conduct audits and ensure the companys financial practices comply with all regulatory requirements. Cost Management & Financial Efficiency: Monitor and manage operating costs, implementing cost-saving initiatives and improving operational efficiency across all departments. Identify areas for financial improvement and provide recommendations to enhance profitability and cost control. Review financial reports, operational metrics and budgets to identify areas where resources can be allocated more efficiently. Team Leadership & Development: Team currently consists of 8 Employees, excluding the Finance Manager Lead and mentor the accounts team, ensuring professional development, training and a positive work environment. Develop and implement training programs for staff to improve financial literacy, system usage and legislative understanding. Oversee the day-to-day activities of the accounts department, ensuring tasks are completed on time and to a high standard. Foster a collaborative, high-performance culture within the accounts team, ensuring staff are aligned with the companys goals. Financial Forecasting & Risk Management: Develop and maintain financial models to support forecasting, budgeting and risk management strategies. Identify financial risks and work proactively to develop strategies to mitigate them, ensuring business continuity and financial stability. Regularly review the financial impact of potential business decisions, including investments, acquisitions and capital expenditures. Employee Payroll & Legislative Submissions: Oversee employee payroll. Ensure timely and accurate submission of statutory returns to SARS, including VAT, EMP201, Provisionals, ITR14/12T/12EI, EMP501 and the registration of new employees. Ensure all reconciliations are complete and up to date. Vendor & Contract Management: Oversee relationships with external vendors, contractors and service providers, ensuring that contracts and payment terms are met. Audit Oversight & Liaison Act as the primary point of contact for all audit processes. Coordinate all necessary documentation and information to complete the audit process. Ad-Hoc Duties: Attend all scheduled meetings as required. Serve as the main point of contact for financial matters & requests from the company directors. Administrative support System changes and implementation Requirements: Grade 12 Bachelors Degree in Accounting, Finance, or a related field. At least 7-10 years proven experience in financial management, preferably within the Tourism sector. Proven experience in budgeting, forecasting, financial reporting and managing a team. Strong understanding of tax regulations and financial compliance standards. Strong leadership and team management skills, with the ability to guide, mentor, and develop a high-performing finance team. Excellent financial modelling, analysis, and reporting skills. Proficiency in accounting software (Tourplan advantageous) and SharePoint/MS Excel. Ability to interpret complex financial data and present it in an easily understandable manner to non-financial stakeholders. Strong business acumen and strategic thinking, with the ability to align financial objectives with overall business goals. Detail-oriented with a high level of accuracy in financial analysis and reporting. Strong problem-solving abilities, with a focus on continuous improvement. Proactive; results-driven, and able to thrive in a fast-paced, dynamic environment. Excellent communication skills, with the ability to interact effectively at all levels of the organisation. Strong ethical standards, integrity, and discretion in handling confidential financial information. Ability to work according to deadlines and manage the extreme pressure of the Travel industry.