Chief Financial Officer (CFO)

Duties & Responsibilities MAIN PURPOSE OF THE JOB A skilled and experienced Chief Financial Officer who is responsible for all aspects of financial management, Ensuring compliance with internal policies and procedures and builds the capacity of the company finance Team by overseeing the day-to-day work of the finance department and is responsible for the effective use and Deployment of staff and financial resources. Responsible and able to prepare, compute, manage, research and Analyse all accounting data, in order to provide quantitative information on performance, financial position, Solvency, liquidity and cash flows of our businesses, hereby undertaking all aspects of the financial Management, including corporate accounting, regulatory and financial reporting, budget and forecasts Preparation, as well as development of internal control policies and procedures for all the companies in the Group. Alternative duties, assignments and projects may be given to the employee and the job profile May be amended from time to time as may be required by the company. DUTIES & RESPONSIBILITIES: Management Manage all accounting operations from transactional level to reporting based on accounting principles Ensure that the monthly management accounts are prepared and analysed within deadlines Develop periodic reports for management according to reports set Coordinate the preparation of regulatory reporting and submissions Support and conduct month-end and year-end close process Collect, analyse and summarize account information Ensure quality control over financial transactions and financial reporting Manage and comply with local, regulatory, and government reporting requirements and tax filings Develop and document business processes and accounting policies to maintain and strengthen internal controls Manage and coordinate accounting staff and assess their performance Ensure appropriate external audit arrangements are in place and ready for audit as well as manage the audit process Run the Financial Year end Audit and liaise with the Auditors Ensure that all balance sheet reconciliations are produced on an accurate and timely basis to include bank reconciliations, debtors, creditors and inter-company account Funds Management Forecast and manage cash flow positions, related borrowing needs Ensure that sufficient funds are available to meet ongoing operational requirements Negotiate and obtain finance from banks and financial institutions, including facilities and funding Maintain banking and financial institutions relationships Risk Management Identify and assess financial risks and opportunities, and develop strategies to mitigate risks while maximising returns Establish and monitor internal controls to safeguard company assets and ensure compliance with laws and regulations Budgeting Coordinate, direct and complete the preparation of the budget and financial forecasts Report to management on variances from the established budget, and the reasons for those variances Assist management in the formulation of its overall strategic direction Financial Analysis Engage in ongoing cost reduction analyses in all areas of the company Interpret and analyse the company's financial results to management and recommend improvement activities Review company bottlenecks and problem areas with recommendations of changes to improve the overall level of company throughput Compile key business metrics and report on them to management Create additional analyses and reports as requested by management Oversee the extension of credit to customers Recommend changes to the corporate credit policy Desired Experience & Qualification REQUIRED MINIMUM QUALIFICATION and WORK EXPERIENCE: Matric/Grade 12 Bachelors Degree in Finance, Accounting, Business Administration or related fields, MBA preferred SA citizenship or SA permanent residency essential Proven experience as a CFO or in a senior financial role, preferably in the same industry Sound knowledge of financial regulations, compliance requirements and accounting principles Strong financial acumen and analytical skills, with the ability to interpret complex financial data and trends Proficiency in accounting software and Microsoft packages TECHNICAL COMPETENCE & RESPONSIBILITIES: Demonstrated alignment with company values and purpose Excellent leadership and communication (English) skills, with the ability to influence and collaborate on all levels of the organisation Strategic thinker with a track record of driving financial results and implementing innovative solutions Strong communication skills and proficiency in English Advanced troubleshooting and multi-tasking skills Customer service orientation High degree of accuracy and attention to detail Deadline driven Creative problem-solving and results-driven mindset Able to formulate plans and action them BEHAVIORAL COMPETENCE: Excellent oral and written communication skills Persuasion Skills / Abilities Persuading others to change their behaviour Critical thinking Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems Active listening Giving full attention to what other people are saying, taking the time to understand the points being made Judgment and decision making Considering the relative costs and benefits of potential actions to choose the most appropriate one Negotiation and conflict management skills Bringing others together and trying to reconcile differences Fluency of ideas The ability to come up with a number of ideas about a topic Problem solving The process of working through details of a problem to reach a solution Experience of working at a senior level, with good communication skills at both external parties and business audiences Experience of working in an FMCG environment and liaising with all levels of employees and stakeholders Good communication skills with both external parties and business audiences Employee management and departmental performance management skills Package & Remuneration Market Related Provident Medical Aid Annual Incentives

Location: Isando, ZA

Posted Date: 4/19/2024