Financial Accountant

This role forms part of the Finance team at Village n Life, based at The Bay Hotel in Camps Bay, Cape Town.

THE ROLE

As Financial Accountant, you’ll play an important role in maintaining the financial integrity and performance of The Bay Hotel and its events operations.

We’re looking for an experienced hospitality accounting professional who understands that effective financial management goes beyond accurate reporting. It requires strong controls, commercial awareness and a practical understanding of hotel operations.

Reporting to the Financial Manager, you’ll take responsibility for accounting processes through to balance sheet level, including financial reconciliations, cost analysis, revenue accounting, stock control and statutory compliance.

This is a hands-on position suited to someone who enjoys working with both financial information and operational teams, takes responsibility for accuracy and understands the importance of meeting deadlines in a busy hospitality environment.

KEY RESPONSIBILITIES

Manage monthly accounting processes, journals and reconciliations through to balance sheet level

Prepare accurate monthly balance sheet reconciliations and supporting financial schedules

Process and review revenue, payroll, depreciation, accrual, provision and cost of sales journals

Reconcile revenue from hotel operational systems with the accounting system, investigating discrepancies

Analyse expenditure against budgets and prior-year performance, identifying variances and opportunities for improved cost control

Monitor compliance with financial policies, internal controls and statutory requirements

Calculate and reconcile VAT payable and maintain accurate supporting records

Oversee cash controls, petty cash, banking transactions and credit card reconciliations

Manage intercompany reconciliations, related-party balances and loan accounts

Monitor stocktaking procedures, stock movements, cost of sales and inventory controls

Maintain the fixed asset register and process depreciation journals

Review debtors and creditors reconciliations, ageing reports, collections and supplier payments

Calculate staff tips and commissions in accordance with company procedures

Prepare audit schedules and supporting documentation for interim and annual audits

Support the Financial Manager with financial reporting, cost analysis and operational financial requirements

Work closely with hotel management to strengthen financial controls and support informed operational decisions

Participate in hotel operational duty shifts as required

WHAT WE’RE LOOKING FOR

Degree or Diploma in Accounting, Cost and Management Accounting or a related field

Minimum 3–5 years’ relevant financial accounting experience

Previous accounting experience within the hotel or hospitality industry – essential

Proven experience managing accounting processes, month-end journals and reconciliations through to balance sheet level

Strong understanding of general ledger accounting, accruals, provisions and financial reporting

Practical knowledge of hotel revenue accounting, stock control, food and beverage cost of sales and operational financial controls

Experience with budgeting, cost analysis, variance reporting and expenditure management

Sound knowledge of South African VAT requirements and statutory financial compliance

Experience with debtors, creditors, cash management, intercompany reconciliations and fixed assets

Advanced Microsoft Excel skills and proficiency in accounting systems

Experience with Sage Evolution, Opera and Micros will be advantageous

Strong analytical ability, accuracy and attention to detail

Ability to work independently, prioritise responsibilities and meet financial reporting deadlines

Good communication skills and the confidence to work with Finance and operational management

High levels of integrity, accountability and sound financial judgement

WHAT WE OFFER

Competitive remuneration aligned with experience

A responsible accounting role at The Bay Hotel, one of Camps Bay's established hospitality properties

The opportunity to work closely with hotel operations and contribute to effective financial management

Professional development and growth opportunities within Village n Life

Only shortlisted candidates will be contacted. If you have not heard from us within three weeks of the closing date, please consider your application unsuccessful.

Job Locations: Camps Bay

Job Categories: Finance

Job Types: Full-time

Experience Levels: Mid-level

Job Properties: The Bay Hotel