Financial Controller

Financial Controller

Location: Cape Town, South Africa

Department
:
Finance

Reporting to: General Manager and Time Out Market Finance Director

Brand Video: Time Out  .mp4

The Financial Controller is responsible for leading the financial management, reporting, governance and operational finance functions of Time Out Market Cape Town.

This role partners closely with the General Manager and senior leadership team to provide accurate financial information, commercial insights and strategic support that enable informed business decisions. The Financial Controller ensures the integrity of the Market's financial records, drives financial performance, maintains strong internal controls and continuously improves financial processes across the business.

Working within a dynamic, multi-unit hospitality environment, the Financial Controller oversees all financial operations, supports concessionaire accounting, manages reporting obligations and ensures compliance with statutory and company requirements while fostering a culture of accountability, collaboration and continuous improvement.

• Maintain complete financial integrity across the Market.
• Deliver accurate and timely financial reporting.
• Support commercial decision-making through financial analysis.
• Drive operational efficiencies and process improvements.
• Ensure compliance with statutory, tax and internal governance requirements.
• Provide financial leadership and business partnering to operational teams.
• Maintain strong relationships with concessionaires, suppliers and key stakeholders.

• Manage the month-end and year-end financial close process.
• Prepare accurate monthly management accounts and financial reports.
• Complete full balance sheet reconciliations each month.
• Prepare weekly and monthly financial performance reports for Management and Group Finance.
• Analyse financial performance against budgets and forecasts.
• Produce meaningful variance analysis and recommendations.
• Present financial information clearly to senior management.
• Assist with the preparation of annual financial statements and external audits.

• Coordinate the annual budgeting process.
• Maintain rolling financial forecasts.
• Prepare cash flow forecasts and monitor working capital.
• Support strategic planning through financial modelling and analysis.
• Monitor departmental budgets and identify opportunities to improve profitability.
• Assist operational management in achieving financial objectives.

• Oversee the Accounts Payable process.
• Review supplier invoices and ensure accurate coding.
• Prepare and manage weekly payment schedules.
• Set up payment batches for bank authorisation.
• Monitor supplier balances and ageing.
• Reconcile banking transactions.
• Monitor Cost of Sales and purchasing trends.
• Work closely with Operations to ensure inventory accuracy.
• Maintain financial integrity across operational systems.

• Prepare Phase 1 and Phase 2 concessionaire remittances.
• Manage concessionaire reconciliations.
• Process recharge billing including
• Investigate and resolve concessionaire account queries.
• Ensure concessionaire payments are accurate and processed within agreed timelines.

• Partner with the General Manager and department leaders to improve business performance.
• Provide financial insights that support operational and commercial decision-making.
• Identify business risks and opportunities.
• Assist management in achieving budget and profitability targets.
• Provide recommendations to improve operational efficiency and financial performance.

• Ensure compliance with IFRS and company accounting policies.
• Maintain effective internal financial controls.
• Ensure VAT and statutory compliance.
• Coordinate audit requirements and provide supporting documentation.
• Maintain compliance with internal approval processes and delegated authorities.
• Ensure financial risks are identified and appropriately managed.

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