Job Description
About the Role
Our Client in the Hospitality Industry is seeking to employ a Financial Controller to their team based in Graaff-Reinet. The successful candidate will be responsible for providing financial leadership and oversight to ensure the organization’s financial health, stability, and growth.
Key Responsibilities
- Oversee the preparation and accuracy of all financial records, ensuring alignment with accounting standards and internal controls.
- Produce monthly management accounts, variance reports, and financial analysis for review by the CFO and leadership team.
- Maintain the general ledger and ensure accurate transaction processing and reconciliations.
- Ensure timely month-end and year-end closing processes.
- Monitor and analyse financial performance trends to identify risks, opportunities, and required interventions.
Requirements
- Bachelor’s degree in Accounting, Finance, or similar field.
- Professional registration or progress toward SAICA / SAIPA / CIMA advantageous.
- Minimum 5 years accounting/financial management experience, preferably in hospitality or education.
- Experience in multi-entity or group structures beneficial.
- Proficiency in financial systems (Nivision, Micros, Opera or similar), and advanced MS Excel skills.
- Strong understanding of South African tax, payroll, and accounting legislation.
- Ability to work in a fast-paced, deadline-driven environment.
Qualifications
No specific qualifications mentioned.
Salary & Benefits
Salary information not provided.
Customer Specific Responsibilities Internal Stakeholder Support
- Provide accurate and meaningful financial data to operational leaders to support departmental decision-making.
- Ensure leadership have clear visibility into financial performance indicators that affect operations.
- Maintain high levels of professional service when dealing with internal stakeholders.
People Specific Responsibilities Team Leadership
- Lead and mentor the finance team to maintain high standards of accuracy, discipline, and professional conduct.
- Provide training and development to support improved financial competence across the team.
- Conduct performance reviews, address skills gaps, and create development plans for finance staff.
- Encourage collaboration and effective communication within the finance function.
Quality Specific Responsibilities Financial Integrity
- Ensure financial processes are documented, standardised, and adhered to across all departments.
- Conduct regular internal checks to ensure quality, accuracy, and compliance within financial records.
- Continuously assess financial procedures and recommend process improvements for efficiency and accuracy.
- Support leadership with financial modelling, scenario planning, and improvement initiatives.
Procurement & Cost Control
- Ensure procurement processes follow internal controls and approvals.
- Oversee stock control processes, cost-of-sales analysis, and monthly stock reconciliations.
- Monitor cost efficiencies across departments, identifying wastage or overspending.
- Support the culinary and F&B teams with recipe costings, stock management, and menu costing analysis.
Payroll Oversight
- Review payroll data for accuracy prior to submission to the outsourced payroll provider.
- Ensure correct allocation of payroll costs to departments and general ledger accounts.
- Ensure compliance with payroll legislation and assist with tax submissions and employee documentation where needed.
Cash Flow & Treasury Management
- Oversee cash flow management, ensuring availability of funds for operational and capital requirements.
- Monitor bank reconciliations, petty cash, credit card reconciliations, and cash-handling processes.
- Manage payment cycles, supplier settlements, and credit control through debtors and creditors oversight.
Please note that should you not receive a response within 2 weeks of applying, you may consider your application unsuccessful.
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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