Brand Cfo

The ADvTECH Schools Division leads the private sector in the field of education, contributing meaningfully towards the sustainable development of human capacity in South Africa

Duties Required:

To manage all financial functions;The incumbent will be responsible for overseeing and maintaining the financial wellbeing of the Brand/Brands and Brand profitabilityManaging governance, risk analyses and reports monthly and annual results Prepare forecasts and projections, quarterly and communicate same to MDEffects cost savings and participates in strategic financial planning and the achievement of targets and budgetsAdvise and supports Brand MD, School Principals and other Managers in the Brand on financial matters during the budget compilation process, including CAPEX budgeting and planning.

Ensure relevant information is gathered from Principals and GSS and prepares the Brand financial plan, annually, for approval by the MDCompile the annual budget/s for the Brand and update this as requiredReview monthly MANCO reportImplement an appropriate financial reporting and cash flow management plan to support the achievement of the brand strategy.

Review GL recons for all accounts within their brand and produce a risk analysis and action reportManages BEEE reporting for Brand to AdvTechEnsure employment equity targets are achievedMonitor and track performance against budget and laisse with Principals in this regardMonitor cash flow, weekly and advise Brand MD and Principals accordinglyManage variances in actual vs.

budget expenditure in all areas of accountabilityProvide strategic financial insight and focus for the Divisional CFO;Ensure the development and professional operation of the systems infrastructureTo be involved in mergers, acquisitions and disposals of companiesKeep abreast of developments/trends in economy and advises Brand MD accordinglyEnsure that adequate policies and procedures are in place to mitigate risks, prevent fraud, ensure compliance to legislative, regulatory and good governance requirements and standardsOversee the audit process (Internal and external) and provides relevant information and support to auditors as required.

Deals with queries as necessary, and escalates matters when requiredEnsure staff roles and responsibilities are clarified and performance objectives set and monitored.

Conduct performance reviews in accordance with policy and procedure and take corrective action as requiredLiaise with suppliers and negotiate pricing and terms & conditions of serviceCompetencies required:
Leadership;Project Management;Problem Solving Skills;Attention to detail and accuracy;Excellent computer skills;Ability to work under pressure;Enthusiastic, energetic, assertive and flexible;Good written and verbal communication skillsQualifications:
Minimum requirement is B Com with completed Articles or a CA (SA)

Experience:
Minimum of 5 – 8 years working experience in a similar-sized organisation.
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