Financial Manager Spec Proj

Sun International•Sun City, AZ

3d•Onsite

About The Position

The Financial Manager: Special Projects will be responsible for the team management and leadership of multiple ancillary (supplementary to financial accounting) finance functions on the resort including debtors; procurement; operational scheduling and operations control to Support the Finance Operations Manager in the controlling financial and business risks to resort. with the aim of improving the overall financial health of the Resort. This will include developing, implementing and maintaining an effective planning and analysis capability for the Resort, managing cash flow through effective collection of debts, managing and monitoring financial metrics, KPI tracking, and reporting; as well as the planning and delivery of business plans and solutions to complex and high value business commercial decisions and meaningful insights into business performance to enable the leadership team in establishing relevant targets which underpins effective decision-making and measuring financial performance. The role will also be required to create financial models and business cases for projects focused on improving the financial status of the business through maximising operational efficiency, improving and managing the financial control and optimisation of company resources. The role will also be responsible to oversee and track the delivery and budgets of the resort BBBEE pillars of Preferential Procurement and Enterprise Development in line with Sun International and the resort strategy; gaming regulations and legislation. The role will also be responsible to Manage and oversee and track the delivery the procurement function ensuring good governance principles are followed, track the delivery of procurement function to the Resort and establishing budgets and tracking delivery of the resort BBBEE pillars of Preferential Procurement and Enterprise Development in line with Group company strategy; gaming regulations and legislation. The role will also be responsible for the management and oversight of the Resort’s labour scheduling function, developing associated metrics and KPI’s and tracking delivery of labour costs and related drivers against these metrics and KPI’s. in line with policy, frameworks and tools based on researched leading and industry practice and relevant statutory regulations. The role will achieve these objectives by partnering with the Sun City hospitality leadership and finance teams, as well as relevant hospitality business partners and suppliers. This role will also be required to support specialised resort financial projects as required.

Requirements

B.Com Honours (CTA)
At least 5 years’ experience in a general financial accounting environment
Experience in a hospitality accounting environment
People supervisory experience
Conceptualising
Analytical skills (including attention to detail)
Influencing Skills
Managing Risks, Results and Relationships
Deciding
Emotional Maturity
Ability to handle pressure and meet deadlines
Knowledge of statutory legal and tax requirements and latest developments
Strong technical knowledge including IFRS developments
Strong knowledge of accounting systems
Team Planning
Product and trend analysis
Stock control
Integrity
Hospitality Revenue analysis
Computer Proficiency in MS Office (Advanced Excel); Cognos or similar (advantage)
Business acumen

Nice To Haves

Cognos or similar (advantage)

Responsibilities

Oversee and review the recording of financial transactions and consolidated reporting processes for F&B and hotels on the property, ensuring these are accurate, up-to-date and complete
Monitor and manage productivities and payroll costs for the hospitality division
Conduct an analysis of F&B and Hotel business results and identify relative trends to ensure realistic forecasts
Review Kofax Total Agility (KTA) queues for resolution
Liaise with SSC/ Financial Operations Manager on any SSC issues concerning supplier payment delays
Assist SSC with AP accruals at month-end
Provide details of departmental recharges to the SSC for processing
Conduct spot checks on cash-ups
Compile annual Budgets, forecasts & controls
Manage departmental Capex requirements
Review financial risks (on Risk Register) quarterly and address mitigating and aggravating circumstances, reporting any unusual variances relative to budget and previous year
Drive the effective management of Paymasters within the Hotels – ensuring timely clearing and adequacy of accruals on the balance sheet
Manage received-not-yet-invoiced (RNYI) across the hotel properties and liaise with SSC to clear long outstanding items
Keep track of open purchase orders, long outstanding purchase orders and Purchase orders after Invoice
Liaise with Supply Chain Management (SCM) on hotel related matters – implementing control to manage high stockholdings, transfers between hotel units, par stock values of operating equipment, cost of sales percentages, etc.
Oversee and monitor accounting standards, processes and practices at a hotel operations level, ensuring the integration of group standards, aligned and updated with new legislative and tax regulations
Implement sufficient control measures (including systems and processes) & checks within each hotel department to mitigate any financial risk to the business, completing Control Self-Assessment (CSA’s) for the hotel operations with a view of monitoring compliance and addressing short comings
Monitor the Dashboard metrics and performance of the hotel accountants in managing their individual score cards
Co-ordinate year end activities and reporting in areas of hospitality
Co-ordinate internal and external financial audits in the hotels
Consolidated financial reporting on departmental projects and initiatives, providing value-adding recommendations to optimise financial performance (with regards product, process and practices) within the various hotel operations.
Prepare Balance Sheet reconciliations for Hotel related accounts for review by Financial Operations Manager
Review consistency of monthly, forecast and budget income statements metrics across the hotel properties
Ensure correct VAT and tax treatment within hospitality accounts
Drive hospitality room night metrics – focus on cost per room nights sold
Manage staff conditions of employment, e.g. attendance, absenteeism, leave, adherence to policies and procedures
Identification of employee training needs and perform on the job training and coaching to close developmental gaps
Manage employee relations within the hotel accounting team
Performance contracting, reviews and development
Recruit and resource for talent for positions
Onboarding of new staff members
Act as the SME on Financial statutory legislation and tax requirements
Communicate actively with hotel managers to review cross-departmental impacts and provide relevant insights
Communicate with Financial Operations Manager and report on revenue and financial position of hotels as required, and consult with FOM and Functional heads on results and areas of concern
Serve as Liaison and key contact between Finance and Hotel Managers
Facilitate communication between hotels and service providers with specific focus on cost control and managing recharge processes with providers