Assistant Financial Controller at Belmond Mount Nelson Hotel

Job description

Main Duties & Responsibilities

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 and to ensure strict financial discipline in the unit and facilitating the achievement of the desired financial results.

• Facilitate learning and development for all the team members of the department.
• Performance Appraisal/ Management of the staff in the department.
• To ensure the adherence of external and internal standard accounting procedures in all the accounting operations.
• Reviewing of daily revenue interfacing.
• 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.
• 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.

Required Skills & Experience

• A minimum a 4 year’s experience working as an assistant to the financial controller or in a similar role.
• A degree or diploma in accounting from a recognised 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.