Director of Finance

2 weeks ago

Cape Town, Western Cape, South Africa Tanya Serra Full time
Job Posted: 16-Feb-2024

  • Location: Cape Town

_Director of Finance_

_ (MUST HAVE CA QUALIFICATION)_

Job Purpose


To ensure strict financial discipline in the unit and to facilitate the achievement of the desired financial results through continuous review, analysis and sharing of performance data with the management.


Managerial Responsibility Areas

  • Direct the budgeting process for all Capital & Operational requirements.
  • Assist in strategy formulation for the unit, in order to achieve a greater profitability.
  • Create a work environment that is high in employee morale and provides constant learning & development and use the feedback from ESS to draw an action plan.
  • Develop systems and procedures that achieve higher cost efficiency and guest satisfaction.
  • Recruitment and Performance Appraisal/ Management of the staff in the department.

Main Duties/Responsibilities

  • To ensure the adherence of Standard Accounting procedures in all the accounting operations.
  • Monitor cost and profit performance of all departments regularly and provide recommendations/suggest corrective action.
  • Ensure all financial activities, maintenance of accounts, efficient materials management, compliance with statutory requirements, & management of cash flow.
  • Budgetary control to ensure desired financial performance with emphasis on profit maximization through revenue enhancement and strict expenditure controls.
  • Balance Sheet Management by weeding out NPAs (Nonperforming Assets) and effective controls on Fixed Assets, Inventory, Debtors and Creditors.
  • Timely completion of Statutory and Internal Audit of the unit without any qualifications.
  • Handle all matters pertaining to taxation, insurance policies, banking etc.
  • To assume responsibility for preparing all MIS reports, to develop a more informative database for improved management decisionmaking and critical evaluation of activities.
  • Inform & advise the departmental heads in the areas of financial performance, cost benefit analysis, cost management etc.
  • Develop departmental trainers in association with the training department & oversee all the training activities within the department.
  • Maintain regular contacts with corporate bodies, financial institutions, government agencies etc.
  • Stay informed the latest amendments in commercial laws, tax structures and other developments in the financial world.
  • Identify key communities, plan various initiatives and coordinate the support activities.

Knowledge & Skills

  • Thorough knowledge of modern financial analysis tools and techniques and updated knowledge processes and policies as per their accounting policies knowledge of tax structures, commercial laws and regulations. Working knowledge of MS office and the accounting package.

Experience & Qualifications

  • Associate of Chartered Accountants, Cost Accountant, Post Graduate in Accounts and Finance
  • A minimum of 6 years in managing accounting operations.
  • Job Title


 Director of Finance
  • CBD
  • Employer Type
  • Employer Type
-> Hotels

  • Job Type
  • Job Classification > Finance
  • FT/PT
  • Job Type
-> Full-time

  • Province
  • Location > Western Cape
  • Town/City
  • Cape Town
  • Salary Type
  • Monthly
  • Salary
- unspecified

  • Start Date
  • TBA
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