Financial Manager

Financial Manager

Location: Cape Town, V&A Waterfront

Employment Type: Full-Time

Salary: R30,000 – R60,000 CTC per month, negotiable based on experience

About the Role

Food Concepts 360 is seeking an experienced, commercially minded and hands-on Financial Manager to oversee the full

financial function across a diverse group of companies, trusts and property-holding entities, with both South African and

international business interests.

The successful candidate must be comfortable working within a complex multi-entity and cross-border environment. The role

includes consolidated financial reporting, statutory and tax compliance, property-related taxation, trust accounting,

international transactions, cash flow management, budgeting, financial controls and strategic financial support to the executive

team.

Key Responsibilities

• Manage the full finance function across multiple companies, trusts and property-holding entities.
• Maintain accurate and separate accounting records for each entity.
• Prepare monthly management accounts, consolidated reports and intercompany reconciliations.
• Manage intercompany transactions, loan accounts, management fees and related-party balances.
• Manage budgeting, forecasting and cash flow planning across the group.
• Oversee debtors, creditors, banking and account reconciliations.
• Ensure accurate VAT, PAYE, UIF, SDL, provisional tax and income tax submissions.
• Oversee tax compliance relating to companies, trusts and property-owning entities.
• Support the financial management of international business activities, including:

o Multi-currency accounting, transactions and reporting

o Foreign exchange exposure and currency conversions

o International payments and banking requirements

o Cross-border invoicing, supplier payments and client receipts

o Financial reporting across different jurisdictions

o Cross-border intercompany transactions and loan accounts

o Transfer-pricing considerations and related-party transactions

o Withholding taxes and international tax implications

o VAT, customs duties and import or export considerations

o Liaison with international accountants, tax practitioners, auditors and business partners

• Understand and manage property-related tax matters, including:

o Transfer duty and VAT considerations on property transactions

o Capital gains tax implications

o Rental income and deductible property expenses

o Municipal rates and property-related levies

o Tax implications of property improvements, disposals and transfers

o Property transactions between related parties and group entities

• Oversee trust accounting and compliance, including:

o Trust income and expenditure

o Trustee and beneficiary transactions

o Beneficiary distributions and resolutions

o Trust loan accounts

o Tax submissions and supporting records

o Liaison with trustees, tax practitioners, attorneys and auditors

• Manage Compensation Fund and Workmen’s Compensation compliance, including:

o Annual Return of Earnings submissions

o Assessment reconciliations and payments

o Letters of Good Standing

o Inclusion of permanent, temporary and casual employee earnings

o Liaison with the Compensation Fund regarding queries and reassessments

• Prepare for annual audits and liaise with external auditors, accountants, tax practitioners and legal advisers.
• Monitor expenditure, profitability, project costs and business performance.
• Implement and maintain effective financial controls and procedures.
• Oversee payroll from a financial and compliance perspective.
• Manage inventory controls, stock reconciliations and food-cost reporting.
• Provide financial analysis and commercial recommendations to management.
• Lead and support the finance support team.
• Ensure compliance with all applicable local and international financial, tax and statutory requirements.

Minimum Requirements

• Bachelor’s Degree in Accounting, Finance or a related field.
• CA(SA), CIMA, SAIPA or equivalent professional qualification will be advantageous.
• Minimum of 5 years’ experience in a Financial Manager or senior finance role.
• Proven experience managing the financial affairs of multiple companies or entities.
• Experience supporting businesses with international operations or cross-border transactions.
• Understanding of multi-currency accounting, foreign exchange and international payments.
• Strong knowledge of South African company, trust and property taxation.
• Practical experience with trust accounting, beneficiary distributions, loan accounts and trust tax compliance.
• Experience with consolidated reporting and intercompany transactions.
• Strong knowledge of South African tax, payroll and statutory compliance.
• Practical understanding of Workmen’s Compensation and COIDA requirements.
• Experience with Compensation Fund registrations, Return of Earnings submissions and Letters of Good Standing.
• Advanced Microsoft Excel skills.
• Experience with Xero, Sage, Pastel or similar accounting systems.
• Strong analytical, leadership and problem-solving abilities.
• Excellent attention to detail and organisational skills.

Advantageous Experience

• Hospitality, restaurant, retail or FMCG industry experience.
• Experience working within a group structure comprising operating companies, trusts and property-holding entities.
• Experience working with international clients, suppliers, projects or business entities.
• Knowledge of cross-border taxation, withholding taxes, transfer pricing and foreign exchange controls.
• Familiarity with South African Reserve Bank requirements and cross-border payment processes.
• Experience with property acquisitions, disposals, rental portfolios and property-development costs.
• Knowledge of capital gains tax, transfer duty, VAT on property and trust taxation.
• Cost accounting, inventory and stock-management experience.
• Payroll and Workmen’s Compensation administration.
• Experience improving financial systems, group reporting and internal controls.

Personal Attributes

• High level of integrity, discretion and professionalism.
• Commercially astute and solutions driven.
• Able to understand complex group, ownership and international business structures.
• Culturally aware and comfortable working with international stakeholders.
• Proactive and able to work independently.
• Strong leadership and communication skills.
• Able to manage multiple priorities and entities in a fast-paced environment.
• Accurate, organised and deadline driven.

How to Apply

Applicants should submit:

• A comprehensive CV
• Copies of relevant qualifications
• Current and expected remuneration
• Notice period
• A brief summary of their experience in multi-entity financial management, international business, trust accounting,

[email protected]

property taxation and statutory compliance

Only shortlisted candidates will be contacted.

Pay: R30 000,00 - R60 000,00 per month

Work Location: In person