Hotel Financial Controller

2 weeks ago

Johannesburg, Gauteng, South Africa HotelJobs Full time

Valor Hospitality Partners is recruiting for an _E_
_xperienced Hotel Financial Controller _for one of our clients, an esteemed 5 star hotel reporting to the Director of Finance.**Job Purpose: Reporting to the Director of Finance, the Financial Controller oversees, coordinates, and directs the accounting and financial reporting activities of the Hotel.


The role involves being the custodian of the Operational financial management system and budgets, supervising the Accounting, Budgeting, and Financial Control systems, and ensuring sound financial accountability across operations.


Key Performance Indicators (KPIs):

  • Customer Related:
  • Cash Control
  • Deposit Management
  • Accuracy of Financial Reporting with Deadlines
  • People Related:
  • Effective coaching and feedback to ensure financial literacy
  • Process Related:
  • Set up and maintenance of Operational Accounting Systems
  • Adherence to financial controls
  • Completeness of policies, processes, and standards
  • Timeliness of statutory returns
  • Oversight of Operational Asset Registers
  • Finance Related:
  • Timeliness and completeness of annual budgets
  • Debtors Days
  • Stock Days
  • Management of Capex expenditure to budget
  • EBITDA

Roles and Responsibilities:

  • General Responsibilities:
  • Effectively use accounting software for financial reporting
  • Control Operational Payroll function
  • Provide financial counsel to Senior Operational Management
  • Customer Specific Responsibilities:
  • Ensure worldclass accounting service is delivered
  • Collaborate on financial policies and standards
  • Compile and provide financial reports with analysis
  • Participate in Operational Financial Reviews
  • People Specific Responsibilities:
  • Support the selection of competent employees
  • Implement practices for financial literacy development
  • Complete feedback and performance appraisals
  • Coach Operational Team members on cost and stock controls
  • Foster positive employee engagement
  • Quality Specific Responsibilities:
  • Ensure financial policies, processes, and standards are complete
  • Ensure compliance with financial control standards
  • Identify opportunities for improvement
  • Consolidate and report financial results accurately
  • Meet financial deadlines
  • Finance Specific Responsibilities:
  • Prepare annual budgets
  • Monitor equipment usage and stock consumption
  • Ensure appropriate inventory and par stock levels
  • Manage supplier payments
  • Coordinate cash requirements
  • Oversee Debtors books

Working Conditions:

  • Work Environment:
  • Administration offices and operational zones
  • Exposure to Risk:
  • Physical: Low
  • Mental: Very High

Key Competencies:

  • Process Excellence and Service Delivery
  • Sustainable Quality and Attention to Detail
  • Innovation for Results
  • Initiative and Change Agent
  • Teamwork, Cross Organisational Collaboration, and Building High-Performance Teams
  • Managing Uncertainty (Ambiguity) and Adaptability

Person Specifications:

  • Thinking Ability:
  • Anticipates future circumstances and requests
  • Comprehends and communicates abstract financial concepts
  • Applies logic and sound judgment in financial decisions
  • Recognizes financial security concerns
  • Academic Qualifications and Background:
  • Recognized Degree in Accounting
  • Background in Hospitality
  • Languages:
  • Ability to communicate effectively in English
  • Work Experience:
  • 3 Years of experience overseeing financial operations in a Luxury 5Star Hotel
  • Job Technical Skills:
  • Proficient in South African accounting standards
  • Proficient in Accounting Software and Microsoft Office
  • Conversant with specialist terminology in hospitality
  • Personal Qualities:
  • High degree of confidentiality
  • Committed to creating environments for exceptional service
  • Displays a sense of urgency and dedication
  • Demonstrates exceptional levels of integrity
  • Ability to work independently
  • Impeccable grooming and deportment

Business Values:

  • Embraces, supports, and models organizational values and culture

Physical Abilities:

  • High levels of mental endurance

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