Financial Management Specialist

2 days ago

CapeTown, South Africa TrudyQ Consulting Full time

We are seeking a highly skilled Financial Management Specialist to join our team at TrudyQ Consulting.

Job Summary:

The successful candidate will be responsible for managing all financial aspects of our hospitality operations, ensuring accurate and timely recording of financial transactions, accounts payable and receivable, bank reconciliations, and financial reporting. Additionally, the role will involve budgeting and forecasting, expense tracking, record management, collaboration with management, compliance and regulation, and inventory management.

About the Role:
  • Transaction Recording: Record all financial transactions related to guest bookings, payments, and expenses incurred. Ensure timely and accurate posting of sales, receipts, and invoices.
  • Accounts Payable and Receivable: Manage accounts payable, ensuring timely payment of supplier invoices and other liabilities. Maintain accounts receivable, tracking payments from guests and ensuring all debtors are collected on time.
  • Bank Reconciliation: Perform regular bank reconciliations to ensure that financial records match bank statements. Identify and resolve any possible discrepancies in financial records.
  • Financial Reporting: Prepare monthly, quarterly, and annual reports including participation in profit and loss statements, balance sheets, and cash flow statements. Provide insights and analysis to management regarding financial performance and trends.
  • Budgeting and Forecasting: Assist in the development of budgets and forecasts for operations. Monitor actual performance against budgets and provide analysis of variances.
  • Expense Tracking: Monitor and categorize operating expenses, ensuring adherence to budget limits, and identifying potential savings. Keep track of vendor agreements and renegotiations where necessary.
  • Record Management: Maintain organized financial records in compliance with local regulations and accounting principles. Ensure that guest financial information and transactions are kept confidential.
  • Collaboration with Management: Work closely with management to provide necessary financial insights and support decision-making. Assist in preparing for audits and liaising with external auditors as needed.
  • Compliance and Regulation: Stay informed on relevant local tax laws, accounting practices, and policies to ensure compliance. Assist our outsourced partners to prepare and submit necessary submissions and other regulatory requirements.
  • Inventory Management: Keep track of inventory related to supplies and services (e.g., linens, cleaning supplies, stock/amenity controls) and assist in managing associated costs.
About the Company:

TrudyQ Consulting is a dynamic consulting firm providing expert solutions in finance and operations to businesses across various sectors.

What We Offer:

A competitive cost-to-company salary negotiable based on qualifications, experience, and proven stellar track record, along with opportunities for professional growth and development in a collaborative and supportive work environment.

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