Financial Director

4 weeks ago

Pretoria City of Tshwane Metropolitan Municipality Gauteng South Africa Hospitality Management Company Full time

About Us:
We operate in the hospitality industry, managing a diverse portfolio of properties. With a commitment to excellence in guest experience and operational efficiency, we strive to redefine hospitality standards in every aspect. As we continue to expand our footprint, we are seeking a dynamic and experienced Financial Director (CA SA) with hospitality / tourism industry experience to join our team and contribute to our continued success.

Position Overview:
As the Financial Director, you will play a pivotal role in the strategic and operational financial management of the Company and its related properties. Reporting directly to the Managing Director, you will be responsible for overseeing all financial aspects of the business, providing strategic guidance, and ensuring compliance with regulatory requirements. The successful candidate will possess a blend of financial acumen, leadership skills, and industry expertise to drive financial performance and support the company’s growth objectives.

Key Responsibilities:

1. Financial Planning and Analysis:
– Develop and execute comprehensive financial plans, budgets, and forecasts aligned with business objectives.
– Conduct variance analysis and performance evaluations to identify areas for improvement and optimize financial outcomes.
– Provide strategic recommendations to senior management based on financial analysis and market trends.

2. Financial Reporting and Compliance:
– Prepare timely and accurate financial reports, including monthly statements, quarterly reports, and annual audits.
– Ensure compliance with regulatory requirements, accounting standards, and internal policies.
– Implement and maintain effective internal controls to safeguard company assets and mitigate financial risks.

3. Cash Flow Management:
– Manage cash flow effectively to support operational needs, capital investments, and debt obligations.
– Optimize working capital and liquidity through proactive cash flow forecasting and management strategies.

4. Investment Analysis and Capital Budgeting:
– Evaluate investment opportunities, capital projects, and strategic initiatives to drive long-term value creation.
– Conduct financial modeling and risk assessments to support investment decisions and capital allocation.

5. Strategic Financial Leadership:
– Collaborate with senior management to develop and execute strategic initiatives aligned with business objectives.
– Provide financial insights and guidance to support decision-making across all functional areas of the organization.
– Drive continuous improvement initiatives to enhance financial processes, systems, and controls.

6. Establishment of Financial Department:
– Lead the establishment of the financial department, including designing organizational structure, defining roles and responsibilities, and establishing reporting lines.
– Develop and implement financial policies, procedures, and controls to ensure accuracy, transparency, and compliance.
– Select and implement financial management systems and software to support accounting, reporting, and analysis functions.

7. Team Building and Management:
– Recruit, hire, and onboard talented finance professionals to build a high-performing financial team.
– Provide leadership, mentorship, and ongoing development opportunities to team members to foster their growth and success.
– Set performance expectations, conduct regular performance reviews, and provide feedback to team members to drive accountability and continuous improvement.

8. Training and Development:
– Develop and deliver training programs to educate staff on financial processes, systems, and best practices.
– Provide guidance and support to departmental staff on technical and procedural matters to ensure consistent and accurate financial operations.
– Foster a culture of learning and development within the financial department to enhance team capabilities and expertise.

Qualifications:

– Chartered Accountant CA (SA)
– Proven track record of success in financial leadership roles within the hospitality industry.
– Strong financial analysis skills with the ability to interpret complex data and trends.
– In-depth knowledge of financial reporting standards, regulations, and best practices.
– Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
– Strategic thinker with a proactive and results-driven mindset.
– High level of integrity, professionalism, and ethical conduct.

Benefits:
– Competitive salary and performance-based incentives.
– Professional development opportunities and ongoing training programs.
– Employee discounts on accommodations and amenities at company properties.

Application Process:
To apply for the Financial Director position, please submit your resume and a cover letter outlining your qualifications and relevant experience. We thank all applicants for their interest; however, only candidates selected for an interview will be contacted.

Our recruitment policy is grounded in principles of fairness, transparency, and meritocracy. We are committed to fostering an inclusive environment and encourage applications from all qualified candidates, irrespective of gender, race, or any other factor unrelated to job performance.

Ideally, we are seeking a South African citizen with a minimum of 2 years of experience as a Chartered Accountant (South Africa).

The post Financial Director appeared first on freerecruit.co.za .

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