Group Financial Manager

Johannesburg - South Africa

Monthly Salary: Not Disclosed

Posted on: 21 hours ago

Vacancies: 1 Vacancy

Job Summary

Group Financial Manager Luxury Property Group Johannesburg

Salary: Negotiable DOE

Kendrick Recruitment is seeking an experienced and strategic Group Financial Manager for a leading luxury property group in Johannesburg. This senior role is responsible for overseeing financial operations across multiple entities ensuring accurate reporting compliance with regulatory standards and providing actionable financial insights that support business growth.

Key Responsibilities:

Financial Reporting:

Prepare monthly management accounts within specified timelines including variance analysis and commentary

Maintain chart of accounts structures across multiple entities and ensure accuracy of intercompany eliminations

Coordinate year-end statutory accounts and audits ensuring compliance with IFRS/GAAP and local tax laws

Budgeting Forecasting and Planning:

Lead the annual budgeting cycle and rolling forecasts by property and department including Capex and Opex

Monitor performance against budgets and provide detailed variance analysis

Cash Flow Working Capital and Controls:

Consolidate cash flow across properties and manage liquidity credit terms and collections

Manage intercompany transactions and reconciliations

Strengthen internal controls across cash handling POS settlement tips and service charge distribution stock management and night audit reconciliation

Oversee inventory controls including recipe costing yield and wastage stock counts and variance analysis working closely with culinary and procurement teams to reduce cost of sales

Compliance and Internal Controls:

Implement and maintain robust internal financial controls

Coordinate external audits and ensure timely completion

Ensure compliance with tax payroll and statutory requirements

Support insurance reviews risk registers and business continuity planning

Strategic Financial Support:

Provide financial insights to support strategic business decisions

Assist with M&A activities financial modelling and due diligence

Leadership and Team Management:

Collaborate with finance teams across subsidiaries

Drive process improvements and ERP system enhancements

Qualifications and Experience:

Bachelors degree in Finance Accounting or Business (Masters or MBA advantageous)

58 years experience in multi-property hospitality finance or group finance roles including consolidation and audit coordination

Strong knowledge of IFRS/GAAP tax compliance and hospitality KPI frameworks

Technical Skills:

Advanced proficiency in Excel or Google Sheets

Hands-on experience with PMS POS and ERP system integrations

Strong financial modelling and forecasting capabilities

Key Skills and Competencies:

Commercial acumen with a strong hospitality operations mindset

Excellent stakeholder management including GMs Owners Brand/Franchise Revenue Culinary and HR

Strong attention to detail with accuracy under pressure

Proven leadership in process improvement and change management

Strategic thinker with excellent analytical and problem-solving abilities

Strong communication and leadership skills

Benefits:

Competitive salary with performance-based bonuses

Professional development opportunities

Comprehensive benefits package

If anyone is interested in applying for this role they are encouraged to submit their CV for consideration.

Required Skills:

experience

Group Financial Manager Luxury Property Group JohannesburgSalary: Negotiable DOEKendrick Recruitment is seeking an experienced and strategic Group Financial Manager for a leading luxury property group in Johannesburg. This senior role is responsible for overseeing financial operations across multip...