Financial Manager at Village N Life

Village N Life is a leading Tourism and Hospitality company that is based in Camps Bay.

If you thrive on a company culture that focuses on growing their employees through career development and staff incentives, this is the company for you.

We are currently seeking a pro-active and experienced Financial manager.

The role of the Financial Manager is providing financial management and advice to stakeholders of the operating (OPCO) and property (PROPCO) companies, in order to enable them to make sound business decisions. Assume the primary day-to-day responsibility for planning, managing and controlling all financial related activities withing the OPCO and PROPCO. Ensure financial practices and information are in line with company policy and all statutory legislation and regulations.

In addition to the above, the position will also assist the Reporting and Compliance Officer with maintaining compliance with laws and regulations within the group and assist the property asset management function including valuations and maintenance of the permanent files.

Qualifications

BCom Accounting degree or equivalent

Experience

Minimum 3 years' experience within Accounting or Finance, management experience beneficial
Hospitality & Tourism Industry experience beneficial
Advanced MS Office knowledge
Advanced Financial Accounting Systems knowledge (SAGE Partner or Evolution)

Duties and Responsibilities

Operations

Check, verify and release electronic bank payments
Ensure all excess funds in OPCO and PROPCO's are identified and transferred to either the bond or Nedcredit facilities on a timeous (weekly) basis.
Ensure sufficient funds in current account to release all loaded payments before submitting for second authorisation
Ensure the integrity and maintenance of the Fixed Asset Register
Ensure procedures are in place for safe keeping of assets
Ensure project management protocol is adhered to
Review Debtors Age analysis on a monthly basis and highlight issues
Review long term tenant payment status for all property apartments and communicating outstanding rentals to the CFO
Preparing Customer invoices and ensuring the monthly billing cycle is done accurately and timeously
Assist with the follow-up relating to outstanding Debtors as part of the monthly review process
Compile the annual budgets and submit for CFO approval
Review the budgeted fees and expenses for large variances and resolve prior to the CFO conducting review. Preparation of forecast (Rolling estimate) for the rest of the financial year
Preparing the Annual Audit files as per Group Instructions received
Compiling the monthly Balance Sheet reconciliation file, to ensure integrity of financial statement line items presented
Investigate and respond to audit queries and ensure the audit is completed in an appropriate time frame
Assist the Reporting and Compliance Officer with:
registration and maintenance with government bodies and regulators
statutory record keeping and submissions
EEA and BBBEE submissions
keeping compliance files of all OPCOs up to date
Ensuring compliance with Companies Act, POPI Act, VAT and Income Tax Act
Assist with compiling and maintaining property information including historic analysis of rental income, expenses and valuations
Assist with property acquisitions and disposals
Assist with title deed transfers
Responsible for maintaining permanent property files

Managing

Manages own teams performance to ensure delivery of the approved finance strategy across designated departments
Give regular, comprehensive and constructive feedback to team and conducts their performance appraisals
Adjusts management style to get the best from the individuals within the team
Delegates work to team members taking into account their capacity, level of skill and exposure to different types of work and complexity; provides clear instructions and direction, with reasonable deadlines

Human Resources

Maintain strong working relationships with, and have open and transparent communication between all members of the team
Develop and maintain relationships with external vendors to ensure service delivery of high quality

General

Support the business as and when ad-hoc financial request come in and provide information that is accurate, of a high standard and delivered within required timeframes

Due to the large volumes of applications received, only candidates that meet the minimum requirements will be contacted.

If you have not heard back from us in 2 weeks, please consider your application as unsuccessful.

Desired Skills