Are you an experienced finance professional with a passion for the hospitality industry? Kendrick Recruitment is seeking a Director of Finance to join a luxury hotel based in Cape Town.
About the Role:
As the Director of Finance, you will be responsible for overseeing all financial aspects of the hotel's operations. This includes financial planning, budgeting, forecasting, and financial reporting. You will provide strategic financial guidance to the executive team and ensure compliance with accounting standards and regulations. Additionally, you will manage the finance team and collaborate with other departments to drive financial performance and operational efficiency.
Key Responsibilities:
Develop and implement financial strategies to support the hotel's goals and objectives
Prepare and manage the annual budget and financial forecasts
Monitor and analyse financial performance against budget and forecast
Prepare financial reports and present findings to the executive team and stakeholders
Ensure compliance with accounting standards, regulations, and internal policies
Manage cash flow, banking relationships, and financial risk
Oversee accounts payable, accounts receivable, and payroll functions
Lead and develop the finance team, providing guidance and support as needed
Collaborate with other departments to optimize financial performance and operational efficiency
Identify opportunities for process improvement and cost savings
Requirements:
Bachelor's degree in accounting, finance, or related field; CPA or CA qualification required
Minimum of 5 years of finance experience, preferably in the hospitality industry
Proven track record of financial leadership and strategic planning
Strong knowledge of accounting principles and financial analysis
Excellent communication and interpersonal skills
Ability to work effectively in a fast-paced, dynamic environment
Proficiency in financial management software and MS Office Suite
Salary on offer is in the higher package range, to be discussed with interested candidates.
If you're a seasoned finance professional looking for an exciting opportunity to lead the finance function of a luxury hotel in Cape Town, we want to hear from you! Apply now! #DirectorofFinance #HospitalityIndustry #CapeTown
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.