Financial Manager

Date: 15 Oct 2024

Location: Umfolozi , ZA

Company: Peermont Global (Pty) Ltd

Job Purpose

To ensure the financial wellbeing of PGB’s hotel, conferencing and casino operations by managing the Financial Operations to the required standards and in compliance with all applicable and accounting practices.

Qualifications

Chartered Accountant or similar acceptable qualification with at least three (3) years’ experience in hotel/ conferencing/ casino or similar industry.

Minimum Requirements

  • Sound in depth knowledge of casino or gaming operations with at least three (3) years’ experience working in similar operations.
  • Three (3) to five (5) years’ experience in the hotel/conferencing/casino/resort industry, specialising in food and beverage, convention and yield management.
  • Sound knowledge of computer accounting packages such as Accpac, Micros Fidelio, Excel, Word etc.
  • Must have had exposure working in a large corporate environment.
  • Leadership and managerial skills are essential.
  • Required to work in a smoking environment.
  •  Flexible working hours may be required.
  • Will be required to obtain a Gaming License from Gambling Authority

Main Resposibilites

  • Fiduciary responsibility for the safekeeping and use of all funds and assets of the company as well as planning and managing the systems of Financial, Hotel and Casino Accounting.
  • Overall responsibility for developing and maintaining an accounting system and approval of statutory accounts by external auditors.
  • Interpretation of operating results, making specific recommendations resulting in cost reductions and profit improvements for Executive Management Evaluation and consideration.
  • Assume the responsibility for the correct and accurate accounting classification of all expenditures and documents including capital and others.
  • Ensure preparation of monthly Management Accounts and Annual Financial Statements by applicable group and statutory deadlines.
  • Responsible for the internal accounting and administrative controls to ensure that all transactions are handled correctly.
  • Preparation of long term plans and budget requirements to ensure that departmental and corporate goals and objectives are met including company cash flow and treasury.
  • Keeping abreast with current trends and practices within the area of responsibility and communicate pertinent information to employees.
  • Responsible for the calculation and administration of all statutory taxes, levies and other charges, including the preparation of annual taxation and deferred taxation calculations.
  • Recommend and implement techniques to improve productivity, increase effectiveness and cost saving.
  • Evaluate and review all investment decisions, including preparing return on investment calculations.
  • Interact with auditors and respond to internal and external audit queries.
  • Any other functions as may be directed.