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Chief Financial Officer

Chief Financial Officer

Stonebridge Hr SolutionsGauteng, South Africa
5 hours ago
Job description

Reference : Pta

  • VLR-1We seeking an experienced Chief Financial Officer for an established company based in the Pretoria East area.

The successful candidate will be a qualified CA(SA) with 10 years post-article experience.

Duties & Responsibilities

Position overview : To achieve a financially healthy and efficient organization.

  • The CFO provides strategic direction of the company's finances including financial operations and direct supervision of financial resources, functions and activities.
  • The CFO will play a leading role in guaranteeing that daily financial operations are coordinated, cost‑effective and efficient.
  • He / she will focus on establishing relevant performance measures and implementing financial management strategy and practices that ensure the company establishes a reputation for being at the cutting edge of public transport.
  • He or she shall solicit funding for various projects to ensure the company's financial sustainability.
  • Qualifications and Requirements

    Please note this is on a 5 year contract.

  • CA(SA) - Essential
  • MBA - added advantage
  • Relevant Post Graduate Degree in Finance / Management Accounting
  • Degree in Finance / Management Accounting
  • 10 years minimum of post-articles experience in Finance - Essential
  • Previous CFO experience OR 3 years experience in a Senior Financial Manager role and being member of EXCO is required - Essential
  • High degree of computer literacy in PowerPoint, Excel, Word and electronic means of communication
  • Excellent management skills – experience in managing teams but also in relation to high level stakeholder management
  • Solid experience and understanding of financial control frameworks and methodologies
  • Knowledge of SA legislation, IFRS, GRAP, King III, Companies Act, Income tax Act, PFMA and MFMA
  • Proven experience in People management as he / she shall have subordinates reporting to the position
  • Regulatory reporting experience
  • Proven Fund‑raising skills and experience
  • High level of business insight and commercial acumen
  • Good knowledge of all corporate and institutional banking products
  • Experience in conducting presentations to diverse groups of internal and external stakeholders
  • Policies formulation and review
  • Analytical, organisational and report writing skills
  • Strong budgeting, planning and execution skills
  • Re‑engineering, project and process changes skills would be desirable
  • Strong interpersonal and communications skills
  • Ability to lead the overall Finance and any other teams assigned
  • Excellent teamwork and project management skills
  • Ability to think strategically, operate and communicate at all levels
  • As senior manager, the role requires integrity and confidentiality in handling information
  • Experience in transit or transport sector experience is an added advantage
  • Responsibilities

  • Lead, manage and direct the company's financial functions and activities.
  • Responsible for the development and monitoring of financial management strategy, risk management strategy and plan, IT and procurement plan.
  • Ensure the development and monitoring of finance policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced operating costs, and income generation.
  • Safeguard the organisation's assets and manage liabilities to ensure a long-term financially sustainable organisation.
  • Responsible for financial statements with adherence to relevant legislation, and management of audit and tax affairs of the company.
  • Oversee the maintenance of the inventory of all fixed assets, including assets purchased as well assuring that all are in accordance with International and South African legislation.
  • Responsible for developing and monitoring a system of internal controls to adequately safeguard financial resources.
  • Manage the preparation of the annual budget.
  • Monitor and direct the implementation of strategic business plans.
  • Develop and implement the organisation's financial goals and objectives.
  • Oversee the investment of funds and manage associated risks.
  • Understand and mitigate key elements of the company's risk profile.
  • Maintain appropriate insurance cover.
  • Oversee Procurement and IT functions of the company.
  • Generate income for the company and approve monthly bank reconciliations.
  • Manage the preparation of monthly management accounts and other informational reports and analysis.
  • Review financial results and highlight future needs and trends.
  • Ensure underlying accounting records are accurate, complete and in accordance with IFRS (International Financial Reporting Standards).
  • Review monthly operating reports for accuracy, completeness and major variances between actual and budget results.
  • Prepare quarterly and annual fair value reports.
  • Prepare summaries and forecasts for future business growth and general economic outlook.
  • Manage and develop human resources in Finance and assigned business units.
  • Provide the CEO and Board of Directors with accurate and timely communication of financial issues.
  • Please note only shortlisted candidates will be contacted.

    If you have not heard from us in 2 weeks, please consider your application unsuccessful.

    Package & Remuneration

    R1.83 million p / a + benefits

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    Chief Financial Officer • Gauteng, South Africa

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