Job Title: Finance ManagerArea: Cape Town, WCAn established and growing hospitality brand looking for a Finance Manager to join their team.Location: Waterfront, Cape Town, South AfricaDUTIES & RESPONSIBILITIES, NOT LIMITED TO:StrategyDevelop and oversee the implementation of appropriate accounting systems for Retail, HeadOffice and Restaurants (Take control of the companys accounting function. Ensure thatcompany financial systems are robust, compliant and support current activities and futuregrowth.)Tracking Cash Flow monthly and accurately reporting thereofFinancial Planning - ***Analyzing the company's financial strengths and weaknesses and proposing corrective actionsevery 6 months across all business units.Financial management strategies for Retail, Head Office and Restaurants - communicate toemployees, Franchisees and key stakeholders.Monthly - interpretation on DATA and report on their findings as well as that of themanagement accounts and financial reports Retail/HQ and RestaurantsReport performance against strategy and risks to the management team monthly.Forecasting - Yearly up and to Business Objective Amount **Cost Benefit analysis per Project Initiatives highlighted per Quarter *Funding & StructureAssist in ensuring that the business is appropriately capitalized.Assist structuring the business appropriately to support expansion.Risk Management & AwarenessRoutinely monitor market trends and developments and identify related opportunities andrisks. Bi Annually ****Assess, monitor, manage, mitigate and communicate risks on an ongoing basis. Bi AnnuallyUpdate the risk register for Board purposes. Bi AnnuallyHuman ResourcesLead, motivate and manage all reports to maximize individual performance within yourDepartment -Develop a culture of high performance in line with the company values.Manage reports performance framework, including company values, roles & responsibilities,annual focus areas and key performance indicators.Ensure legally-compliant human resource policies and procedures.Only hire competent and effective resources that are aligned with the company values.Franchisee DevelopmentPrepare franchise prospects to create accurate and useful financial data for potential newFranchisees.Educate and coach franchisees, and ensure that they have access to the financial tools theyneed to make decisions.Help select and vet promising recruits.Have a deep understanding of a franchisors business model, and of what kinds of candidateswill best fit that model.Finance & Administration - The below is to be done on agreed timelines and accuratelyCorrect Financial accounting and reporting in a timely fashionManaging ALL departmental spend - and individual expenditure vs budget.Monthly analysis of expenditure and cost cuttingDevelop and maintain timely and accurate financial statements and reports that areappropriate for the users and according to GAAP.Ensure compliance with internal financial and accounting policies and procedures.Ensure that all statutory requirements of the organization are met.Prepare all supporting information for the annual audit and liaise with external auditors.Document and maintain complete and accurate supporting information for all financialtransactions.Manage and prepare cash flow forecasts in accordance with policy.Ensure policies and procedures to ensure that personnel and financial information is secureand stored in compliance with current legislation.Manage the acquisition of capital assets and ensure that assets are properly recorded,amortized, and disposed of appropriately.Payroll preparation and administrationOversee all payroll functions to ensure that employees are paid accurately on time.Process and submit statutory and benefits remittances on time.Budget preparationEstablish guidelines for budget and forecast preparation and prepare the annual budgetin consultation with the CEO.Office administrationOversee and supervise the administrative function of the organization facilities, safety,furnishings and equipment necessary for effective operations.Oversee the management of all leases, contracts and other financial commitments.Ensure compliance with all legal and regulatory requirements.ProcurementEnsuring the implementation of appropriate and sustainable procurement policiesREQUIREMENTSTertiary education with specialized certification in Financial Accounting or relevant equivalentexperienceCompleted articles - Qualified CA or relevant recognized equivalent qualificationMust not only understand finance but also franchiseesEntrepreneur business mindsetBe a go getterAbility to work with budgets and advise on financial decision makingAdvanced experience in MS Office programmes with advance Excel knowledgeAbility to administer and execute financial processes and transactionsGood administrative and interpersonal skillsAbility to handle pressure and is dynamic to changeJob Type: Full-timeSalary: R60,000.00 - R65,000.00 per monthApplication Question(s):

• How many years experience do you have in the franchise/e industry?

Ability to Commute:

• Cape Town, Western Cape (Required)