Who are we?
What do we do, and why do we do it?
TurnStay is a financial technology startup focused on reducing the cost of getting paid and accepting bookings in the travel sector.Our mission is to leverage innovations in payment technologies to drastically reduce card processing costs and empower hotels to direct more traffic through their websites.Why this mission?
What are we trying to achieve?
Every year, the Travel industry spends over 120 billion dollars on payments and booking fees. On average, merchants lose around 13% of all their income to intermediaries and payment companies.Emerging technologies have made it possible to solve this problem; TurnStay is here to utilise these new technologies to help the travel industry thrive.Why work at TurnStay
Why is TurnStay an Awesome place to work?
TurnStay is an innovative, fast-growing company transforming global travel.We foster a collaborative, mission-driven culture.Team members enjoy strong opportunities for learning and personal growth.The Role
Overview of the role
This is a full-time on-site role for a Financial Director, located in the City of Cape Town.The Financial Director will oversee the financial planning, analysis, and reporting activities of six entities located in countries around the world.Day-to-day tasks include developing financial strategies, preparing financial statements, managing budgets, conducting financial reporting, and ensuring compliance with regulatory requirements.The financial director will work closely with the product team to automate the manual, ultimately improving the efficiency of the finance team over time.Key Responsibilities
What are some of the key responsibilities involved in fulfilling this role?
Financial Strategy & PlanningDevelop and execute the company’s financial strategy in alignment with business objectives and growth plans.Ensure optimal capital allocation to support expansion across multiple jurisdictions.Regulatory & Compliance OversightEnsure compliance with financial regulations, tax laws, and reporting requirements in all six operating jurisdictions.Oversee audits, statutory filings, and adherence to international accounting standards.Financial Reporting & AnalysisPrepare accurate monthly, quarterly, and annual financial reports for internal stakeholders, investors, and regulators.Provide strategic insights through detailed financial analysis, trend monitoring, and variance reporting.Cash Flow & Treasury ManagementManage liquidity to ensure operational efficiency across different currencies and markets.Oversee treasury operations, foreign exchange risk management, and capital reserves.Budgeting & ForecastingLead the annual budgeting process and produce rolling forecasts that reflect multi-jurisdictional realities.Monitor actual performance against budgets and recommend corrective actions as needed.Risk Management & Internal ControlsIdentify financial and operational risks, implementing controls to mitigate them.Ensure robust financial systems and procedures are in place across all jurisdictions.Tax Optimisation & Cross-Border StructuringOptimise the group’s tax position while maintaining compliance.Structure intercompany transactions and repatriation of profits efficiently across jurisdictions.Stakeholder & Investor RelationsAct as a key financial liaison with investors, banks, auditors, and regulatory bodies.Present financial performance, forecasts, and strategic updates to the board and shareholders.Team Leadership & DevelopmentLead and mentor finance teams across multiple jurisdictions.Foster a culture of accountability, efficiency, and continuous improvement.Systems & Process OptimisationOversee the implementation of financial systems and technology that support cross-border operations.Ensure standardisation and automation where possible to streamline reporting and compliance.Key requirements
You must meet the following minimum criteria
Qualifications
Skills in Financial Planning and Financial StatementsStrong Analytical Skills and knowledge of FinanceExperience in Financial Reporting and managementExcellent leadership and interpersonal skillsProficiency in financial software and toolsAbility to work independently and collaborativelyBachelor's degree in Finance, Accounting, or related field - what do we need here ?Experience in the fintech or travel industry is advantageousSkills & Experience
What do you need in order to apply?
We’re looking for someone who is:
Highly organised, detail-oriented, and reliableA people person who can work quickly and solve problems for clients while delighting themComfortable working with spreadsheets, accounting tools, and CRM systemsAble to communicate clearly and professionally with partners and internal teamsMotivated to learn and grow in a fast-paced environmentBonus points for:
Experience in fintech, payments, or operationsPrior work in compliance, bookkeeping, or financial adminAbout you
What type of person are we looking for for this role?
As one of the first staff members, you will be required to do a wide variety of jobs in a constantly changing startup environment.The ideal candidate is eager to learn and grow with a rapidly growing organisation. You must be flexible, a fast learner and willing to do almost every job.Salary
How much can you expect to earn per month?
How MUCH?How to Apply
Application information
To apply for this role, please follow this link