Primary Responsibilities Include:
- Assume the duties of the Cost Control function and oversee the purchasing team to ensure the efficient operation of the Purchasing Department
- Assist the Financial Controller in preparation of the balance sheet and the profit & loss statements for the hotel as well as preparation of the group's annual financial statements within the required deadlines per GAAP/IFRS
- To ensure the adherence of external and internal standard accounting procedures in all the accounting operations
- Reviewing of daily revenue interfacing
- Assist with month end entries (in conjunction with the Financial Controller)
- Periodic Debtor's Ledger scrutiny to ensure smooth monthly closing of accounts
- Ensure the debtors aging is at desirable levels at all times
- Reviewing of entries processed to accounts on a detailed level
- Review of daily management report and supervise on controls where necessary
- Manage and lead associates to ensure maximum productivity
- Monitoring of staff time sheets and submission thereof to Human Resources on a daily and monthly basis
- Hold monthly meetings and review status of paymasters with other departments to ensure aging of debt stays low
- Manage the fixed asset register including monthly depreciation entries as well as processing all additions and disposals on a monthly basis
- Assist with monthly results explanations as well as providing of information
- Assisting with external and internal audit queries
- Assist the Financial Controller in ensuring all financial activities, maintenance of accounts, compliance with statutory requirements & the management of cash flow
- Assist the Financial Controller in budgetary control to ensure desired financial performance with emphasis on profit maximization through revenue enhancement and strict expenditure controls
- Compile detailed balance sheet reconciliations
- Preparation of the monthly VAT201 form as well as the monitoring of the VAT payable balance
- Maintain records, registers and documents in order to facilitate internal and external audit
- Liaise with banks, financial institutions and other government authorities on various financial matters as well as liaising with offsite ERP service providers on system maintenance
- Importation of payroll detail into ERP system as well as monitoring that all payroll related balance sheet accounts clear out
- Managing of deferred expenses as well as provisions and accruals
- Stay informed with regards to the latest amendments in commercial laws, tax structures, accounts reporting and other developments in the financial world
- Facilitate audit requirements
What You Bring:
- A minimum a 4 years' experience working as an assistant to the financial controller or in a similar role
- A degree or diploma in accounting from a recognized tertiary educational institution
- Practical knowledge of general hotel operations and a good knowledge base of accounting
- Experience in managing a team
- An ability to communicate with all levels of staff and service providers.
- VAT knowledge advantageous
- Ability to work under pressure, multitask and prioritize
- Hospitality experience advantageous, preferably in a 5-star environment
- Income tax knowledge advantageous
What We Offer:
At Mount Nelson, we pride ourselves on fostering a culture built on kindness, active listening, and genuine connections with our colleagues and guests. We offer a comprehensive range of compensation, perks and benefits including:
- Competitive basic salary
- Loyalty and recognition rewards programs
- Employee Assistance & Wellness programs
