Financial Manager

Kendrick Recruitment is currently seeking a Financial Manager for a luxury boutique hotel located in the Eastern Cape. This role is ideal for a detailoriented and experienced hospitality finance professional with a strong background in boutique hotels or lodges and a solid understanding of F&B costings. The Financial Manager will oversee the full accounting and stock management functions while leading the finance team.

Key Responsibilities:

Accounting and Finance Management:

• Manage the finance team and oversee all financial functions
  

• Daily reconciliation of revenue systems with the accounting system
  

• Process bill and manage debtor accounts including remittance and bad debt reporting
  

• Oversee creditor accounts ensuring accurate coding approvals and reconciliation
  

• Prepare and review payment batches for authorisation
  

• Reconcile accounting and stock system transactions
  

Cash & Banking:

• Perform daily cashups and manage all control accounts
  

• Bank all cash and manage petty cash transactions
  

• Complete bank reconciliations across all platforms
  

Stock Management:

• Process invoices to appropriate cost centres with necessary approvals
  

• Maintain the stock system ensuring accuracy in pricing recipe linking and depletion
  

• Conduct regular stock counts and maintain accurate valuations
  

Journal Entries & Compliance:

• Post monthly journals and reconcile with supporting documentation
  

• Ensure accrualbased income and expense accounting
  

• Implement and uphold internal controls and compliance with policies and audit standards
  

VAT & Insurance:

• Prepare and submit monthly VAT declarations and handle related SARS queries
  

• Review annual insurance policies and manage claims
  

Fixed Assets:

• Maintain and verify the fixed asset register
  

• Ensure depreciation is processed in line with accounting schedules
  

Payroll:

• Compile and submit all payroll data to outsourced provider
  

• Ensure accuracy in pay adjustments stipends tips commissions and terminations
  

• Process payroll entries and ensure timely payment of salaries and thirdparty contributions
  

• Manage pension and UIF processes and maintain employee payroll records
  

Reporting & Budgeting:

• Prepare and analyse monthly management accounts
  

• Assist with annual financial statement preparation and audits
  

• Oversee yearend processes and ensure accurate financial records
  

• Prepare monitor and report on income expenditure and capital budgets
  

• Collaborate with key departments on budget implementation and adjustments
  

Team Management:

• Conduct regular performance reviews and identify development needs within the finance team
  

• Ensure consistent communication and support across departments
  

Ad Hoc Duties:

• Assist with BBBEE certification liquor licensing rental agreements contract renewals and solar usage monitoring
  

Requirements:

• Minimum 5 years experience in a similar finance role within a boutique hotel or lodge setting
  

• Strong F&B costing and stock control knowledge
  

• Proficient in Microsoft Office Suite particularly Excel
  

• Proven leadership and team management experience
  

• Excellent communication and interpersonal skills
  

• Knowledge of South African accounting standards VAT and payroll legislation
  

• Organised analytical and proactive with a high level of accuracy
  

This is a fantastic opportunity for a seasoned financial professional to contribute to the ongoing success of a prestigious property. Candidates who meet the above requirements are encouraged to submit their CV to apply.