Financial Manager (CR743)

Our client in Franschhoek, a well-known and internationally acclaimed hospitality group is looking for Financial Manager to join their team.

The Financial Manager will be responsible for the full financial management function of the business, ensuring accurate reporting, cost control, budgeting, compliance, and financial leadership within the hospitality and winery environments.

This role requires a strategic, detail-oriented professional who can manage a finance team, drive operational efficiencies, and support executive decision-making.

The Financial Manager will provide support to the Regional Director of Operational Finance and Head of Reporting Finance in all accounting, compliance and business practises for the hospitality group.

KEY PERFORMANCE AREAS

Leadership & Team Management

• Lead and mentor the members of the finance team, promoting a culture of accountability, accuracy and service excellence.

• Set clear goals, provide coaching, and drive continuous improvement.

• Manage workload effectively within the team and address any concerns raised.

• Have a clear working knowledge of all company policies and operate within their scope.

• Build cross-departmental financial awareness and provide guidance and support to non-financial managers within the business.

Financial Management & Reporting

• Oversee the full financial accounting function, including journals, reconciliations, month-end, management accounts and intercompany transactions.

• Financial systems management and development according to business and reporting needs.

• Drive profitability through continuous review of departmental cost structures, margins and yields.

• Support the decision-making for new revenue initiatives.

• Present financial insights, forecasts, and variance analysis to the General Manager and heads of department.

• Drive accurate and timeous monthly reporting including P&L and balance sheet reconciliations.

• Produce detailed monthly financial reports segmented by department (Rooms, F&B, Spa, Winery, Retail).

Budgeting & Forecasting

• Lead annual budgeting and forecast cycles, collaborating closely with the Heads of Department to ensure realistic, data-driven forecasting.

• Perform preliminary analysis of the variances between budgets, actuals, forecasts, statistics and KPIs.

• Analyze budget vs. actual performance, highlighting opportunities for revenue growth and cost optimization.

Operational Finance & Controls

• Implement and monitor internal controls across all departments, particularly cash handling, stock management and procurement.

• Comprehensive cash flow management.

• Analyzing stock reports, movements and processing stock related journals.

• Oversee the restaurant Point of Sale and Hotel’s Property Management System integrations.

• Ensure appropriate application of accounting policies and company standard processes.

• Maintain the Fixed Asset Register and Capex control schedule, ensuring accuracy and completion.

• Immerse yourself in the day-to-day operations of the property.

Compliance & Auditing

• Management of internal and external auditing processes, ensuring processes and systems are compliant with best business practice and audit requirements and findings.

• Ensure compliance with VAT, Income Tax, PAYE, U.I.F, SDL, and other statutory obligations.

• Liaise with external auditors, SARS, and financial institutions.

• Maintain accurate and timely statutory reporting and audit readiness.

• Support statutory and financial reporting compliance activities as required.

• Ensure compliance with IFRS, company policies, and group reporting standards.

REQUIREMENTS

• BCom Accounting or equivalent degree.

• Completion of SAIPA / SAICA articles.

• Minimum of 5 years’ post-article experience in financial management or senior accounting.

• Experience in the hospitality industry would be an advantage with restaurant Point of Sale and Property Management systems knowledge.

• Proficient knowledge of Sage X3.

• Excellent communication skills, with the ability to lead, guide and support members of the team.

• Strong analytical, financial modelling and problem-solving skills.

• Commercially minded with a strategic outlook and hands-on operational awareness.

• Excellent organisational and administrative skills with the ability to manage time and meet tight deadlines.

• Proactive, uses initiative and committed to the interests of the business, service excellence, guest satisfaction and internal customers (your colleagues).

• Works with passion, pride, and ambition.

• Flexible manner with the ability to respond and adapt to situations.

SALARY

From R55 000 CTC (Negotiable depending on experience)

WORKING HOURS

Monday to Friday 08:00 – 17:00

Please use the following reference number in the subject line of your email:  CR743 when applying for this position. Please submit your CV in Word Format, salary expectation and notice period to info@cardosorecruitment.co.za  Kindly consider your application unsuccessful should you not receive feedback within 1 week.