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