Financial Controller

1 week ago

Durban, South Africa Binotaiba Hotels Full time

**JOB DESCRIPTION**:

- Responsible for the property’s overall accounting and financial management requirements.
- Responsible for representing the finance department during daily morning HOD meetings.
- Responsible for the local tax authority compliance of the hotel.
- Responsible for supporting and liaising with the General Manager in meeting the strategic goals of the organization.
- Responsible for preparing and reviewing annual budgets, monthly forecasts, and operating results.
- Responsible for verifying all financial reports and ensuring that all transactions are accurate and in compliance with local government regulations.
- Responsible for liaising with the hotel owner or managing director of the organization.
- Able to prepare and submit management reports promptly and also ensure delivery deadlines.
- Able to effectively implement all accounting policies and procedures.
- Able to ensure a strong accounting and operational control environment to safeguard hotel assets.
- Able to assist proactively with cost control requirements.
- Able to assist with revenue enhancement possibilities.
- Able to assist with profit improvement opportunities for hotel operations.
- Able to develop specific goals and plans to prioritize, organize, and accomplish the work.
- Assists in the building of an efficient and professional team of employees within the Finance and Accounting Department.
- Monitors all local tax compliance that applies, and ensures that taxes are charged correctly and collected.
- File the local tax with the concerned authority on a monthly/regular basis.
- Monitor and improve hotel operation costs, and profitability and manage business risks.
- Ensures profits and losses are documented accurately.
- Ensures property policies are administered fairly and consistently.
- Achieves and exceeds goals including performance goals, budget goals, team goals, etc.
- Oversees internal, external, and regulatory audit processes.
- Conduct regular weekly finance department meetings.
- Celebrates successes by publicly recognizing the contributions of team members.
- Provides excellent leadership by differentiating top performers, fosters teamwork, and also able to encourages work/life balance.
- Establishes and maintains open, collaborative relationships with employees.
- Ensures employees establish and maintain open, collaborative relationships within their team.
- Participates in the employee performance appraisal process, providing feedback as needed.
- Responsible for ensuring disciplinary procedures and documentation are completed according to hotel standards.

**QUALIFICATIONS**:

- At least 5 to 8 years of financial and management experience with the day-to-day financial operations in an up-scale (4/5 Star) hospitality environment.
- Qualified Chartered Accountant (CA) or Similar or 4-year bachelor’s degree in Finance and Accounting or similar major.

**Education**:

- Bachelors (preferred)

**Experience**:

- HOTEL FINANCIAL CONTROLLER: 5 years (preferred)

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