Financial Controller

6 hours ago


Stellenbosch Western Cape, South Africa HotelJobs.co.za Full time

The Financial Controller is responsible for assisting the Senior Financial Controller and Financial Manager with the smooth running of the accounts department. The function should be proactive, analyzing, and recommending alternative action in every respect, and operates in line with corporate policies and guidelines. This position is Headoffice based.

**TASKS, DUTIES AND RESPONSIBILITIES**:
**ACCOUNTS RECEIVABLE**
- Process and sending of monthly invoices
- Reconciliation of debtor’s accounts.
- Recovery of receivables
**ACCOUNTS PAYABLE**
- Processing and payment of Accounts Payable and sundry invoices weekly.
- Creditors Statement Reconciliations.
- Allocation of all expenses within budgeted guidelines.
**CASH CONTROL AND BANKING**
- Processing of all payments and receipts on bank accounts.
- Reconciliation of bank account to bank statements monthly.
**AUDITING**
- Maintain and update the various Standard Operating Procedures for the Finance Department
- Perform yearly audits on balanced items.
- Taxation on audited companies
- Preparation of Financial statements of all audited companies
- Complete any ad hoc projects handed over by management within required deadlines during the audit period.
- Capture yearly audit journals.
- Assist with annual stock take procedures.
**GENERAL CONTROL**
- To process journal entries, both standard and ad hoc as and when needed.

1. Request monthly revenue reports and capture income journals.

2. Capture depreciation and maintain FAR.

3. Capture all interest journals and make sure balance outstanding correspond with amortization schedule.

4. Capture payroll journals and make sure it reconciles
- Assist the Financial Controller in preparation of any and all input up to Income Statement level.
- To prepare and publish a variety of reports as and when required by Senior Financial Controller and Financial manager.
- Prepare the weekly cash management reports to assist with the cash flow report to management and owners
- Assist Financial Manager with maintaining all Policies and Procedures.
- Review Profit and Loss and Balance Sheet.
- Preparation of management accounts on a monthly basis for the companies responsible for.
- Balance sheets reconciliations including control accounts, loan accounts, debtors and creditors, VAT ect.
- To follow up and execute any other Ad Hoc tasks given by the General Manager and Financial Manager.
- Assist in any questions and queries from the general managers on a daily basis (included financial, bank queries and support)
- Administration regarding bank activities from Nedbank Queries and forms submission (including link of accounts, opening of bank statements)
- VAT submission and payments
- EMP201 submissions and payments
- Loading of weekly payments (daily if required).
- Invoicing of all the Providence Hospitality clients.
**HUMAN RESOURCES MANAGEMENT**

Develops and recommends appropriate training to meet departmental needs.

Headoffice payroll function including all administration activities.

Maintaining changes in of employee information.

**MISCELLANEOUS**

Attends meetings and training required by the Financial Controller

Assists colleagues to perform similar or related jobs when necessary

Maintains own working area, materials and company property clean, tidy and in good shape; reports defective materials and equipment to Financial Controller

Continuously seeks to endeavour and improve the department’s efficient operation, and own knowledge of the job function

Follows any reasonable instruction given by the General Manager or an Executive Team member


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