Hotel based in Cape Town is looking for a Cluster Financial Analyst to to assist the Cluster Finance Director in the smooth and efficient running of the Accounting Department.
Responsibilities:
Ensures that each section of the Accounting and Finance Department is managed efficiently, maximising utilisation of technology.
Monitors and liaises with insurance brokers with regards to claims.
Reviews all Purchase Requests to ensure that the correct charts of account codes are used.
Maintains and programs Master Keys for the hotel, to print key movement reports for investigation and to back-up historical keys' data on a regular basis.
Review the reports compiled by Cost Auditor and liaise with the Materials Manager to ensure proper procedures and control of inventories.
Monitor requirements set out in management agreement checklist.
Keep and to safeguard all contracts, leases insurance policies and all legal and financial documents.
Obtain the requisite licenses for foreign exchange dealing, imports, liquor and so forth from the appropriate regulatory authorities.
Administer the Information System section and to ensure that the hotel computer system and its software are fully utilized well safeguarded, properly maintained and all licenses are up to date.
Handles valuable 'Lost and Found' items and liaises with Security for disposal as per the hotel's policy.
Participates in the monthly Financial Review and Credit meetings.
Income Audit:
Reviews all spot checks such as cash counts, conducted by the income auditors. Reviews and approves General Cashiers Report ensuring that all receipts are intact and remitted to the bank promptly.
Accounts Payable:
Checks and approves all Petty Cash claims/reimbursements. Approves travel agent commissions. Approves all IOUs and liaise with the general cashier to ensure that they are cleared on time. Checks and monitors the Manual Check record book to ensure that the running sequence is accounted for. Ensures that all travel agents' commissions' payments are on time. Ensure all Foreign remittance for supply of goods or otherwise on time
Payroll:
Reviews and ensures that all reconciliation such as Provident Fund, ESIC, LWF, Foreign Workers' Levy, Unclaimed Wages etc., are performed on time. Reviews and approves all Tax Clearance forms. Reviews and approves month-end payroll summary.
Accounts Receivable/Credit:
Approves all rebates, write offs and transfers. Reviews the daily In-house Guest Credit over list to ensure that the Credit department has taken appropriate follow-up actions.
General Accounting:
Reviews and approves all Journal Vouchers. Reviews all Balance Sheet accounts ensuring schedules are prepared on time and accurately. Reviews the financial results after closing. Reviews and monitors the monthly cash flow so that an optimal cash position is achieved.
Cost Audit:
Reviews all in- house functions and requisitions for reasonableness Reviews all inventory items in the General Store for discrepancies and slow moving items. Assists the Director of Finance in all monthly financial reporting and analysis. Assists the Cluster Finance Director in compiling budgets and forecasts and assists Department Heads by providing historical data or support details.
Requirements:
Bachelor's degree in accounting, hospitality management, business administration or a related field.
Minimum of 3 - 5 years of experience in preferably within the hospitality industry.
Strong analytical skills with proficiency in financial modelling and data analysis.
Excellent communication and presentation skills, with the ability to convey financial information to non-financial stakeholders.
Detail-oriented with a strong focus on accuracy and quality.
Ability to work independently as well as collaboratively in a team-oriented environment.