Group Financial Manager
Role
Group Financial Manager
Location
Northern Suburbs, Cape Town / Hybrid
Industry
Travel & Tourism
Salary
R65k / month
Our client, a fast-growing force in the global travel industry, is seeking a Group Financial Manager to join their team.
The Group Financial Manager will be responsible for the financial management, financial controls and reporting function across the group, encompassing UK and South African companies, and any other international operations established.
Hybrid working available.
Travel between UK and South Africa may be required periodically.
Key Responsibilities
Financial Planning & Analysis:
Drive and manage the annual budgeting process, including building and maintaining detailed budget models.
Collaborate with commercial analysts to incorporate sales and cost of sales (COS) information.
Prepare and maintain the Group’s long-term cash flow forecast.
Provide financial insights and reports to support executive level decisions, support scenario modelling and aid strategic decision-making.
Reporting & Month-End:
Lead and oversee the month-end close process, ensuring timely and accurate financial reporting across all entities.
Ensure reasonable allocation of share costs across the group companies.
Develop, implement, and continuously improve group level management reporting, dashboards and KPI reports.
Analyse variances between actual results, budget, and forecast, and provide insightful commentary to management.
Review and ensure accuracy of payroll across jurisdictions.
Compliance & Tax:
Ensure VAT and tax compliance across all operating jurisdictions (UK and South Africa and other international entities once established), including reviewing and submitting VAT returns for UK and South Africa.
Work with tax advisors and auditors to complete provisional and final tax calculations and payments.
Define transfer pricing policies in line with tax compliance and ensure intercompany transactional compliance.
Coordinate and manage the annual audit process across group entities.
Review statutory financial statements and ensure compliance with relevant accounting standards.
Team Management & Development:
Oversee the Group Accounts team, providing leadership, development, and performance management.
Hold staff accountable for successful performance .
Governance & Risk:
Implement and strengthen internal financial controls across the group to safeguard assets, improve operations and profitability.
Manage and maintain adequate insurance cover for the group, including regular review of policies.
Projects & Strategic Expansion Support:
Drive efficiency through process improvements, systems optimisation, and team structure enhancement
Lead or support key financial projects, including systems upgrades, M&A support, and process automation
Assist in the financial and accounting set-up for new international entities and market entry initiatives.
Ensure compliance with accounting standards and implementation of group-wide accounting policies.
Requirements
Qualified accountant (e.g. ACA, ACCA, CIMA or SAICA equivalent).
Strong knowledge of UK and/or South African tax, accounting, and financial reporting standards.
5+ years post qualification experience in a financial lead/manager role, preferably in a group or multi-entity environment.
Experience in the travel, tourism, or services industry is desirable.
Proven track record of managing budgeting cycles, financial reporting, and team leadership.
Advanced Excel and financial modelling skills.
Experience with ERP/accounting systems (Dynamic Business Central desirable but not essential).
Strong analytical, organisational, and interpersonal skills.
Comfortable working in a dynamic, fast-paced, and international environment.
Excellent communication skills, with the ability to present complex financial data to non-finance stakeholders.