Accounts Receivable and Treasury Manager

Role Title: Accounts Receivable & Treasury Manager

Reports To: Head of Finance

Location: Cape Town/ Hybrid (2-3 days in office per week)

Department: Group Finance

About the Role

As the Revenue & Treasury Manager, you’ll play a critical role in ensuring the accuracy, timeliness, and integrity of revenue recognition and cash management processes across our group of tour operating companies. You’ll oversee the full revenue cycle—from customer invoicing and payment collection to the accurate recognition of revenue and proactive treasury oversight. This role combines technical accounting skills with operational oversight and team management, ideal for someone who thrives in a fast-paced, multi-entity environment with high volumes and seasonality. This role has direct line management responsibility for accounts receivable and treasury staff across group entities.

Key Responsibilities

Team management

• Lead, mentor, and develop a team of at least four finance professionals (including Accounts Receivable and Treasury clerks)
• Allocate and review workloads to ensure timely delivery of invoicing, reconciliations, and reporting activities
• Conduct regular team meetings to align on priorities, address challenges, and foster collaboration
• Set clear performance objectives and support professional development through coaching and training
• Review and sign off on key deliverables to ensure accuracy and compliance with group policies
• Drive a culture of accountability, continuous improvement, and high performance within the team
• Support recruitment and onboarding of new team members as needed

Revenue & Accounts Receivable

• Oversee timely and accurate customer invoicing processes across group entities
• Ensure revenue is recognized in accordance with applicable accounting standards (e.g., IFRS 15) and group policy
• Maintain accurate Accounts Receivable ledgers, perform monthly reconciliations, and support month-end close processes
• Monitor and manage aged debt, working closely with commercial teams to ensure prompt collections
• Managing the accounting for booking changes, cancellations, and refunds
• Review customer contracts to determine appropriate revenue treatment, invoicing structure and commission calculation
• Collaborate with the Sales and Operations teams to ensure completeness and accuracy of revenue data and reconcile to the travel booking system

Treasury & Cash Management

• Monitor daily cash balances across multiple bank accounts and entities
• Prepare and maintain weekly cash flow forecasts, highlighting key inflows and outflows
• Ensure reconciliations are performed of all bank accounts and credit cards
• Liaise with banks on payments, FX, and account structures as required
• Coordinate internal funding between entities where needed
• Identify opportunities for improved liquidity management and payment efficiency
• Manage money market deposits to maximise returns on surplus cash balances, ensuring optimal liquidity and yield

Controls, Reporting & Process Improvement

• Support internal and external audits, particularly around revenue and cash-related areas
• Recommend and help implement process improvements to reduce manual work and improve accuracy
• Ensure compliance with financial policies, internal controls, and regulatory requirements
• Contribute to systems and automation initiatives (e.g., invoice integration, payment gateways)

Key Metrics

• Debtors ageing profile targets
• Invoice turnaround time
• Accuracy of weekly cash forecasts
• Completion of reconciliations by set deadlines

About You

• Qualified accountant (SAIPA/ AGA(SA)/ ACCA / CIMA or equivalent), or Accounting related degree with appropriate experience
• Experience in a multi-entity business; travel, tour operations or hospitality sector experience a plus
• Experience leading finance teams through change
• At least 3 years experience in a senior accounting role
• Sound understanding of revenue recognition principles
• Strong attention to detail, with the ability to manage high-volume data accurately
• Proficiency with accounting systems (Dynamics Business Central desirable but not required), Excel and Googlesheets
• Comfortable working collaboratively across teams and juggling competing priorities
• Strong communication skills and a proactive, solution-oriented mindset

What We Offer

• The opportunity to make a tangible impact across a growing group of dynamic tour operators
• A supportive and collaborative finance team culture
• Hybrid and flexible working arrangements
• Travel and tour discounts