Director of Finance

5 months ago

Cape Town, South Africa HotelJobs.co.za Full time

Kendrick Recruitment has an exciting opportunity for a Registered Chartered Accountant to take up the role of Director of Finance at a Leading Luxury Hotel based in the heart of Cape Town.

**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.
- Develop & Implement the annual plan using the TBEM framework, linking the department’s objectives to the unit’s overall strategy

**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 (Non-performing 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 decision-making 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 co-ordinate the support activities.

**Knowledge & Skills**:
Thorough knowledge of modern financial analysis tools and techniques and updated knowledge of Taj 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 4 - 6 years in managing accounting operations.

Looking forward to hearing from you

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