Hotel Financial Manager (Multiple Properties)

Valor Hospitality

Cape Town, Western Cape
Permanent
Full-time

19 hours ago

Key Performance Indicators:

Customer Related:

Creditors days
Cash Control
Deposit management
Accuracy of financial reporting with deadlines
People Related:

Effective coaching and feedback to ensure financial literacy across the Department Teams
Process Related:

Set up and maintenance of the Hotel Accounting System
Adherence to financial controls across the Team
Completeness of policies, processes, and standards governing financial activities
Timely submission of statutory returns
Effective management of the Hotel Asset Register
Finance Related:

Timeliness and completeness of annual budget submission and adherence
Debtors Days
Stock Days
Interest on Cash on Call
Capex expenditure management to budget
EBITDA (KPI shared with Hotel Manager)

Roles and Responsibilities:

General Responsibilities:

Utilize software applications and tools for accurate accounting of financial transactions.
Control payroll function in alignment with the budget.
Provide financial counsel to senior management.
Customer Specific Responsibilities:

Ensure world-class accounting service delivery.
Maintain finance policies and standards.
Compile and provide financial reports to stakeholders.
People Specific Responsibilities:

Support employee selection and financial planning.
Implement practices for financial literacy development.
Conduct feedback and performance appraisals.
Quality Specific Responsibilities:

Ensure completeness of financial policies and standards.
Promote compliance and improvement of financial control.
Finance Specific Responsibilities:

Prepare and propose annual budgets.
Monitor equipment usage and stock consumption.
Coordinate financial requirements with relevant stakeholders.
Facilities:

Assist in compiling CAPEX requests and budgets.
Legal and Compliance Specific Responsibilities:

Ensure confidentiality and financial control measures.
Additional Duties:

Perform additional duties as assigned.

Key Competencies:

Process Excellence and Service Delivery
Sustainable Quality and Attention to Detail
Innovation for Results
Initiative and Change Agent
Teamwork, Cross-Organizational Collaboration, and Building High Performance Teams
Managing Uncertainty (Ambiguity) and Adaptability

Person Specifications:

Thinking Ability: Anticipatory, logical, and security-conscious.
Academic Qualifications: Degree in Accounting/Finance
Languages: Proficient in English.
Work Experience: 5 years overseeing financial operations in a Luxury hotels.
Job Technical Skills: Proficient in accounting standards and software.
Personal Qualities: Committed, service-oriented, collaborative, and integrity-driven.
Business Values: Embraces organizational values and culture.
Physical Abilities: High mental endurance and sensitivity to signals.
Travel: Willing to travel Local and in Africa.

WHO WE ARE:
Valor Hospitality Partners - Africa, part of the Valor Hospitality group, is a bespoke, highly experienced African Hospitality Consulting, Development, and Hotel Management Company based in Cape Town, South Africa. Our goal is to create truly memorable guest experiences through an operating culture of warmth, caring, passion and excellence, providing our guests an environment well beyond what they have come to expect - 'Reimagining Hospitality'. We are Hotalitarians!Standard employee remuneration and benefits SA:

Award winning employer
Competitive Salary
Preferential Employee Room Rates at all Valor Hospitality Hotels globally
50% F&B Discount at any UK, US & SA Valor hotel when charged to room
Free meals on duty and uniforms provided
Incremental holiday allowance based on service
Pension Contribution

The Company’s Employment Equity Plan will be taken into consideration with all appointments. Should you not be contacted within two weeks of the closing date, please consider your application as unsuccessful.Valor Hospitality Partners is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

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