Director of Finance | Hybrid | 2 Mil

SUMMARY:
A giant in the global luxury resort / hotel industry is seeking a Director of Finance to join and lead their strong accounting / finance team in Cape Town

CPT | Permanent | On-site | 90K - 100K 

POSITION INFO:
Key Duties and Responsibilities

• Organize the whole financial aspect in all departments.
• Deal effectively with requests from Global Office as well as from the Owner’s side.
• Establish proper procedures and guidelines in terms of Purchasing, Capital Expenditure planning and implementation, annual budgets and forecasts
• Establish new IT procedure and the set up of IT System that would establish Control and Procedures.
• Create new IT files for implementation so as to gain time and generate an increase in efficiency meeting the reporting needs of the company.
• Controlling the payroll burden of the company and oversee the preparation of the monthly payroll.
• To be IT proficient in hospitality PMS, POS and Accounting Software Systems.
• Responsible for the preparation of the month end reporting to the Global Office and the Owners.
• Ensure that all control procedures relating to the inventory, purchase and payable ledgers are adhered to at all times, and any discrepancies are reported to your superior immediately.
• Fully aware of all related accountable issues in regard to the Purchase ledger.
• Monitor and review purchasing, delivery and requisitioning procedures.
• Oversee the payable entries and preparation of cheques.
• Assist wherever needed in all tasks done by employees under his/her control responsibility.
• Directs and assists in conducting the regular stock takes within the Food & Beverage, Housekeeping and other Inventoried Departments on a monthly basis in accordance with schedules set by your immediate Supervisor.
• Participates in inventory counts to ascertain that they are properly taken and coordinated with the accounting record.
• Maintaining and conducting quarterly Operating Equipment stock take for the complete operation of the property.
• Ensure at all times that the accounting system reflects the revenue and statistical figures of the Property Management System.
• Ensure that accurate reconciliation of all Balance Sheet accounts for each month end are prepared.
• Conduct the establishment of the yearly Budgets and Forecasts with the Excom, Director of Sales and General Manager.
• Prepares monthly revenue reports for Management and Global Office.
• Ensure the Fixed assets registry is up to date.
• Coordinates the collection and preparation of all statistical data required by the General Manager.
• Oversees the reconciliation of all bank accounts each month. Conducts monthly cash count of general cashier and other cashier’s cash funds.
• Ensure all procedures in terms of Income Auditing are respected and enforced.
• Oversee the preparation of the weekly Cash flow projection and monitoring thereof.
• Work closely with the General Manager in all related matters concerning the good function of the department and financial operation, as well as the maintenance of good working relationships with the Owners and Management Company.

• Ensure accurate and timely delivery of the month end accounting package.
• Ensure that financial controls are adhered to and developed alongside the business.
• Control and seek to reduce all operating costs of all departments whilst maintaining standards set.
• Ensures that the Accounting department and any other department are respecting the accounting policies and procedures at all times.
• Ensures that all accounting entries are made according to the Uniform System of Account and or to the guidelines provided by Global Office or the Executive Vice President of Global Finance.
• Responsible for the revenues received and dispersed in all departments under his/her direct supervision by maintaining proper internal controls and auditing procedures.

• To have excellent numeric, literacy and keyboard skills, possessing Microsoft Word, Excel, Word, Outlook and PowerPoint (essential) and a knowledge of IS systems such as Accounting Softwares and Micros POS system (Opera/Fidelio is desirable).
• To be knowledgeable in advanced computer set up, such as MS Macros, Networking, Servers andHyperion
• Minimum of 5 years-accounting experience and previous accounting experience at a director/managerial level.
• Proven leadership and coaching skills with a track record of developing a highly motivated and cross-trained group of progressive accounting professionals.
• Familiarity with operating systems and software
• Excellent administrative, interpersonal, organizational, written and verbal communication skills.
• Highly organized and able to prioritize and meet deadlines in a fast-paced environment.
• Computer literacy a must, with a strong knowledge of Word, Excel, Word, Outlook and PowerPoint.

• Professional designation or acceptable university degree with an appropriate specialization in Accounting or enrolled in a recognized accounting program with progression to 3rd or 4th level preferred.