The Financial Controller is responsible for overseeing the hotel’s financial operations, including financial analysis, reporting, budgeting, forecasting, audit and control processes, asset and liability reconciliations, working capital management and cash control. This role also includes ensuring that all legal and financial documentation relating to the hotel’s financial status is properly maintained, safeguarded and kept up to date.
This role is also responsible for updating, maintaining and completing monthly payroll.
This is a hands-on finance role that requires accuracy, flexibility, strong organisational skills and the ability to manage multiple priorities at the same time.
The Financial Controller supports the General Manager and relevant stakeholders in achieving the organisation’s strategic goals. Key responsibilities include preparing and reviewing annually and monthly profit and loss statements, operating results, financial statements and debtors’ listings. The role is also responsible for managing accounts payable, accounts receivable, departmental budgets and payroll, as well as preparing regular reports and summaries of accounting activities. In addition, the Financial Controller manages the day-to-day operations of the accounting department and ensures that all hotel and restaurant financial activities are carried out in line with local tax laws, internal controls and the hotel’s standard operating procedures.
Financial Controller Duties and Responsibilities:
- Responsible for the property's overall accounting and financial management.
- Responsible to represent the finance department during weekly meetings.
- Responsible for supporting and liaising with all Stakeholders in meeting the strategic goals of the organization.
- Ensure compliance with the local tax authority.
- Ensure compliance with all relevant local legislation and regulations.
- Ensure compliance with all statutory deadlines.
- Ensure accuracy of monthly VAT and EMP and ensure it is filed before the deadlines.
- Responsible for Supplier invoice processing and payments.
- Responsible for Debtors invoicing and collection of outstanding monies.
- Able to prepare and submit management reports in a timely manner and enforce reporting deadlines.
- Responsible for verifying all financial reports and ensuring that all transactions are accurate.
- Able to effectively implement and maintain all accounting policies and procedures.
- Oversee internal, external and regulatory audit processes
- Able to ensure a strong accounting and operational control environment to safeguard hotel assets.
- Able to proactively implement and manage cost control initiatives and ensure completeness of revenue generated.
- Able to develop specific goals and plans to prioritize, organize and accomplish the work for self and team members.
- Work closely with all departments in assisting with financial aspects, assisting with the hotel when needed.
- Establishes and maintains open, collaborative relationships with employees.
- Update and maintain Payroll and Employee records including, monthly salaries, leave liability, advances and pay outs.
- Any other tasks as and when required by the management.
Qualifications and Other Skills:
- Accounting Degree or Diploma in Accounting
- 2 - 3 years working experience
- Should have a high command of Excel.
- Knowledge of accounting systems (Quick Books and Xero)
- Knowledge of Hotel Management Systems (PMS & POS)
- Must possess excellent financial knowledge, analytical skills and be very well organized.
- Excellent communication and negotiation skills.
- Must be personable and well able to deal with guests and staff.
- Willingness to work as an overall team member to help ensure continued growth and success of the whole hotel and restaurant.
Pay: R24 000,00 - R27 000,00 per month
Work Location: In person
