Financial Manager – H&H Division (Bidvest Prestige)
Location: Germiston, Gauteng
Employment Type: Permanent
Division: H&H Division (Hospitality)
Industry: Cleaning Services / Facilities & Hospitality Support Finance
The Financial Manager role within the H&H Division at Bidvest Prestige is a senior finance opportunity focused on driving financial control, accuracy, compliance, and operational performance across a service-driven business environment. This role is not just about accounting; it is about shaping financial discipline, supporting operational decision-making, and ensuring that all financial processes align with IFRS standards and broader corporate governance requirements.
In this position, the successful candidate will manage end-to-end accounting functions while also providing strategic input into budgeting, forecasting, cost control, and financial reporting. The environment is fast-paced, operationally intensive, and requires a strong balance between technical accounting expertise and practical business understanding.
ROLE PURPOSE
The core purpose of this position is to manage and continuously improve accounting system processes by applying structured financial management principles—planning, organising, leading, and controlling financial activities and teams.
The Financial Manager is expected to ensure that the division achieves its financial objectives while maintaining strict compliance with IFRS standards, internal policies, and regulatory requirements. This includes ensuring that financial information is accurate, timely, and useful for decision-making across operational units.
In simpler terms, the role ensures that “the numbers tell the truth” and that leadership can rely on those numbers to run the business effectively.
KEY RESPONSIBILITIES
1. Financial Reporting and Month-End Processes
A major part of the role is overseeing the preparation of financial statements up to balance sheet level. This includes:
- Maintaining and reconciling general ledger accounts
- Preparing month-end closing procedures
- Ensuring accuracy in trial balances and financial reports
- Reviewing financial data for completeness and correctness
The role requires strong attention to detail, as even small errors can affect overall reporting integrity.
2. Reconciliations and Cash Control
The Financial Manager will be responsible for:
- Reconciling bank statements and account balances
- Monitoring daily cash flow activities
- Approving and releasing payments in line with company policies
- Investigating and resolving discrepancies in financial records
Cash flow management is especially important in this role, as operational businesses rely heavily on liquidity to maintain service delivery.
3. Budgeting, Forecasting, and Financial Planning
The role includes active participation in the financial planning cycle:
- Preparation of annual budgets
- Supporting forecasting models and financial projections
- Assisting operational teams with cost planning
- Developing financial models to support business decisions
This requires analytical thinking and the ability to interpret operational data into financial insights.
4. Cost Control and Financial Analysis
A key responsibility is to analyse cost structures and identify financial inefficiencies. This includes:
- Reviewing transactional data and classifying costs correctly
- Identifying cost drivers and recommending alternatives
- Supporting cost-saving initiatives across departments
- Monitoring operational spending against budgets
The role often requires questioning “why” costs are increasing and finding practical, realistic solutions.
5. Compliance and Regulatory Reporting
The Financial Manager ensures full compliance with financial laws, accounting standards, and internal policies:
- Submission of monthly statutory returns
- Ensuring IFRS compliance in all reporting activities
- Managing tax calculations and ensuring timely submissions
- Maintaining audit readiness at all times
This includes both internal and external audit coordination, ensuring that audit findings are addressed promptly and effectively.
6. Asset and Financial Record Management
The role also includes responsibility for:
- Maintaining fixed asset registers
- Managing rebate stock records
- Ensuring accurate financial documentation across systems
Strong organisational skills are needed here, as asset tracking is critical in service-based environments with multiple operational assets.
7. Treasury and Payment Functions
The Financial Manager will oversee treasury-related activities, including:
- Monitoring liquidity and cash availability
- Managing payment schedules
- Supporting financial risk management processes
This ensures the business remains financially stable and operationally capable at all times.
8. Stakeholder and Business Support
Beyond technical finance duties, the role requires close collaboration with operational teams:
- Supporting business units with financial insights
- Providing input into pricing, costing, and financial models
- Working with leadership to improve financial decision-making
- Assisting with ad hoc financial projects
The role is highly interactive and requires strong communication skills.
REQUIREMENTS
Qualifications
- Bachelor of Commerce in Finance (B.Com Finance)
- Grade 12 (Matric)
- Valid Code 08 driver’s license
Experience
- Minimum 5+ years’ experience in the services industry
- Strong background in accounting and financial management
- Experience in operational finance environments is highly beneficial
TECHNICAL SKILLS REQUIRED
The ideal candidate must demonstrate strong technical ability in:
- Financial statement preparation
- IFRS reporting standards
- Excel (advanced level: formulas, pivot tables, charts)
- Financial reconciliations
- Budgeting and forecasting
- Tax calculation and submission processes
- Audit preparation and coordination
Experience with structured financial systems and reporting tools is an advantage.
CORE COMPETENCIES
This role requires a strong combination of technical ability and leadership behaviour. Key competencies include:
- High level of accountability and ownership
- Ability to work under pressure and meet strict deadlines
- Strong ethical standards and integrity
- Analytical thinking and problem-solving ability
- Strategic financial insight
- Excellent communication skills
- Leadership and team guidance capability
- Process-driven mindset
- Ability to collaborate across departments
- Attention to detail and accuracy
- Innovative thinking in financial optimisation
The role is best suited for someone who is both hands-on and strategic, able to move between operational detail and high-level financial oversight.
WORKING ENVIRONMENT
The H&H Division operates in a service-driven environment, meaning financial processes are closely linked to operational activity. This creates a dynamic and sometimes high-pressure environment where accuracy and speed are both critical.
The Financial Manager will often work closely with operational managers, procurement teams, and senior leadership. Flexibility, adaptability, and strong time management are essential.
FINAL NOTE
This opportunity within Bidvest Prestige is suited for a finance professional who is ready to take full ownership of financial operations within a structured but fast-moving environment. It requires a balance of technical accounting expertise, operational understanding, and leadership capability.
Candidates who thrive in environments where financial control directly influences business performance will find this role both challenging and rewarding.
There is also significant exposure to strategic financial management, making it a strong career step for professionals aiming to move into senior financial leadership roles in the future.
