21 Oct
|
Racquet Club
|
Sydney
21 Oct
Racquet Club
Sydney
The role Racquet Group is looking for a hands-on Group Finance Manager to own the financial function across our group of entities. You'll be the directors' right hand on all things finance:running a tight month-end across multiple venues and entities, building the forecasting and reporting that guides our expansion, managing cash and funding, and putting the systems and controls in place for a business scaling quickly. This is a role for someone who is equally comfortable reconciling a bank account and presenting a site investment case — and who wants to build a finance function from the ground up.
Key responsibilities
Financial reporting and control
• Own month-end close and deliver accurate monthly management accounts for each venue, entity and the consolidated group
• Prepare consolidated group reporting, including inter company reconciliations and eliminations
• Produce clear monthly board and director packs with commentary on performance, variances and key risks
• Develop venue-level KPI reporting (court utilisation, revenue per court, membership, coaching, F&B;, labour as a % of revenue)
• Maintain a strong internal control environment, including approvals ,delegations of authority and reconciliations Budgeting, forecasting and modelling
• Lead the annual budget process and maintain rolling forecasts at venue and group level
• Own and evolve the group financial model, including venue ramp profiles, capex and financing
• Build business cases and feasibility models for new sites, leases and major investments
• Track actual performance of recent venues against their investment case and report on returns Cash, treasury and funding
• Manage group cash flow, including a rolling 13-week cash forecast
• Manage relationships and reporting with lenders and financiers,
including covenant monitoring and compliance
• Support capital raising, debt financing and investor reporting as the business expands
• Oversee accounts payable and receivable, supplier payment runs and sponsorship revenue collection Capex and venue development
• Track and control capex for venue construction and fit-out projects, including builder progress claims, variations and retentions
• Work with project managers and the directors to keep developments on budget
• Support lease negotiations with financial analysis and manage lease accounting and obligations Compliance, tax and governance
• Manage BAS/GST, PAYG, FBT and payroll tax across NSW, ACT and QLD
• Oversee payroll, ensuring compliance with relevant modern awards, superannuation obligations and casual employment requirements
• Coordinate year-end, statutory financial statements and income tax with external accountants and auditors
• Maintain insurance, corporate registers and entity compliance across the group Systems and process
• Own the finance tech stack (Xero and integrated booking, POS, payroll and expense systems) and drive automation
• Standardise processes so new venues can be onboarded quickly and consistently Improve the integration between booking/POS data and the general ledger for accurate, timely revenue reporting Leadership and stakeholders
• Act as a trusted adviser to the directors,
Group Manager and venue managers
• Build financial literacy among venue managers so they own their P&L;
• Build and lead the finance team as the business grows
• Manage relationships with external accountants, auditors, banks, financiers and key suppliers Key performance indicators
• Management accounts delivered by working day [8] each month
• Accuracy of forecasts against actuals at venue and group level
•
• Covenant and lodgement compliance with zero missed deadlines
• Venue development projects delivered within approved capex budgets
• Clean year-end and audit outcomes
• Measurable improvements in process efficiency and reporting automation About you
• CA or CPA qualified, with 5+ years' post-qualification experience
• Multi-entity and consolidation experience in a growing business
• Strong financial modelling, budgeting and forecasting skills
• Experience managing lender relationships and covenant reporting
• Advanced Xero and Excel skills
• Solid knowledge of Australian tax, payroll and award compliance
• Hands-on, self-starting approach — comfortable in a lean, fast-moving team Desirable
• Experience in hospitality, leisure, fitness, sport or other multi-site businesses
• Exposure to construction or fit-out capex and progress claim management
• Experience supporting capital raising or investor reporting
• Experience implementing finance systems or automation
What we offer
A senior role with genuine influence in a high-growth business Direct partnership with the founders and directors Strong career progression opportunities The chance to build and shape the finance function as we scale nationally
📌 Group Financial Controller (Sydney)
🏢 Racquet Club
📍 Sydney