Chief Financial Officer (CFO) - Engineering
Prostaff Holdings • Johannesburg, South Africa
23 days agoApply
Job description
Minimum requirements for the role:
- A recognised financial qualification is essential.
- Approximately 7 years relevant experience as a Financial Manager and/or CFO, together with meaningful leadership and management experience.
- Strong practical accounting knowledge, including bookkeeping through to Trial Balance and General Ledger.
- Solid experience in financial and management reporting, budgeting, forecasting and cash-flow management.
- Strong understanding of IFRS, financial controls, statutory compliance and audit requirements.
- Experience working within a multinational or international Group environment would be highly advantageous.
- Strong leadership and people-management capabilities.
- Excellent commercial and business acumen.
- High levels of integrity, accountability and confidentiality.
- Ability to communicate financial information clearly to both financial and non-financial stakeholders.
- A practical, hands-on and solutions-oriented approach.
- Ability to work under pressure and meet strict reporting deadlines.
The successful candidate will be responsible for:
- Responsible for the overall financial management, financial control and financial reporting.
- Preparing and reviewing monthly management accounts, Income Statements, Balance Sheets and cash-flow reports.
- Managing month-end and year-end reporting.
- Preparing annual budgets and financial forecasts.
- Analysing financial performance, trends, risks and variances.
- Maintaining the integrity of the General Ledger and Trial Balance.
- Managing Group reporting, IFRS reporting and intercompany reconciliations.
- Liaising with international Group Finance regarding reporting and accounting requirements.
- Managing cash flow, banking and working capital.
- Providing financial oversight of debtors, creditors and inventory.
- Managing foreign currency exposures and overseas supplier payments.
- Maintaining effective internal financial controls and safeguarding company assets and funds.
- Managing external audits and supporting Group/internal audits.
- Ensuring compliance with tax, VAT, PAYE and other statutory requirements.
- Providing financial oversight of inventory valuation, costing and gross margins.
- Overseeing payroll from a financial-control perspective.
- Leading, developing and managing the finance team.
- Providing commercial and strategic financial advice to the Managing Director and management team.
- Identifying opportunities to improve profitability, margins, cash flow, working capital and operational efficiency.
- Supporting the organisation through its continued business development, turnaround and rebuilding initiatives.
Salary package, including benefits, is highly negotiable depending on experience gained.