Director of Finance - Luxury Hotel - Cape Town

South Africa Western Cape Cape Town

ZAR 80000 - 90000 Monthly

Company

Hospitality Jobs Africa

Contact


https://www.hospitalityjobsafrica.com/

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Director of Finance - Luxury Hotel - Cape Town

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Closing Date: 2024-09-14
Job Type: Permanent
Job Level: Management
Experience: Between 5 - 7 Years
EE/AA: No

Summary

Director of Finance - Luxury Hotel - Cape Town 

 

Our client, a prestigious luxury hotel in Cape Town, is seeking a highly skilled and experienced Director of Finance. The ideal candidate will be responsible for overseeing the financial operations, including financial planning, financial statements, and reporting. This role requires a strategic thinker with excellent analytical and problem-solving skills, and experience in the hospitality or tourism industry is highly advantageous.

Description

As the Director of Finance, you will be a key member of the hotel's leadership team, reporting directly to the General Manager. You will manage a team of approximately 12 associates in the finance and purchasing departments, ensuring the financial health and compliance of the organization. Your responsibilities will include developing financial strategies, managing budgets, conducting financial analysis, and preparing detailed financial reports. You will play a critical role in guiding the hotel's financial planning and decision-making processes to drive growth and profitability.

 

Key Responsibilities:

  • Oversee all financial operations, including budgeting, forecasting, and financial planning.
  • Prepare and analyze financial statements, providing insights and recommendations to the General Manager and executive team.
  • Ensure accurate and timely financial reporting and compliance with regulatory requirements.
  • Manage the finance and purchasing team, fostering a collaborative and high-performance work environment.
  • Develop and implement financial policies, procedures, and internal controls to optimize efficiency and mitigate risks.
  • Conduct financial analysis to support strategic initiatives and business decisions.
  • Monitor cash flow, manage investments, and optimize financial performance.
  • Liaise with auditors, banks, and other financial institutions as needed.
  • Stay current with industry trends and best practices in finance and accounting.

Minimum Requirements

  • CA qualification highly advantageous or a similar qualification in finance or accounting, such as a degree or professional certification.
  • Strong financial planning and reporting skills.
  • Ability to analyze financial statements and provide actionable insights.
  • Excellent analytical and problem-solving skills.
  • Proven experience in finance and accounting roles.
  • Knowledge of financial systems and processes.
  • Experience in the hospitality or tourism industry is a significant plus.

Person Specifications:

  • Excellent analytical and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Ability to work independently and collaborate with cross-functional teams.
  • Ability to work efficiently in a fast-paced environment.
  • Strong attention to detail and presentation.
  • Ability to multitask and prioritize tasks effectively.
  • Customer service-oriented mindset.
  • Work Hours: Monday to Friday

Benefits

Discovery Medical Aid – 100% Company contribution for self, spouse, and up to 3 children. Momentum Provident and Risk Fund – 6% Company contribution. Free parking. Uniform Allowance. Company Cellphone. Annual Performance Bonus based on the overall performance of the Hotel (up to 160% of 40% of annual basic salary).

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