Chief Financial Officer

Found in: beBee jobs ZA - 2 weeks ago

Cape Town, Western Cape, South Africa Zenysis Technologies Full time
Zenysis Technologies's job vacancy, Career and Recruitment

Job title : Chief Financial Officer (CFO) – Cape Town, South Africa jobs in Western Cape

Job Location : Western Cape, Cape Town

Deadline : May 17, 2024

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Candidates must have legal authorization to work and currently reside in South Africa. Candidates must also have experience working with an international /global company or organization.

Zenysis is currently seeking a Chief Financial Officer (CFO) to lead financial management and strategy for our global company. This person will be responsible for developing and executing our financial strategy with specific attention to financial planning & budgeting, executive and board reporting, business analytics, management tools, financial operations, grant and contract finances, pricing strategy, organizational growth and investor relations. S/he will also be responsible for working with the Business Development and Delivery teams to develop solutions for project budgeting and financial oversight. As the executive overseeing the Grants and Contracts function, a strong background in operations, especially as it relates to project- and milestone-based business models, is required.

The Chief Financial Officer (CFO) will report directly to the Chief Executive Officer (CEO). The CFO will provide financial insight and accounting thought leadership across the business. The need is multi-faceted and a grassroots approach to accounting is essential.

Lead and manage the team (1 financial manager and 1 grants and contracts manager, along with a contracted back-office and accounting team) responsible for:

All finance, accounting, budgeting, reporting, tax and regulatory compliance functions, including all financial planning, modeling, and budget processes.
Managing cash flow and balance sheet prudently to ensure sufficient cash runway.
Preparing financial briefs for Management Team in advance of monthly meetings and organizational planning discussions.
Managing the monthly and quarterly close process to ensure timely and accurate financial reporting.
Preparing quarterly financial and budgetary reports for Zenysis customers on active projects.
Being a thought partner for the CEO.
Tracking and reporting on cross-functional key performance indicators (KPIs).
Serving as the financial liaison with customers and subcontractors with respect to budget development, financial planning, reporting and invoicing etc.
Collaborating with Business Development and Legal teams to optimize contracting to drive efficiency, financial performance and compliance.
Evaluating proposed contract modifications (e.g., revised deliverables, timelines, cost and no cost extensions etc) to ensure alignment with organizational cash flow and financial growth.
Developing and managing documentation of internal controls, policies, and procedures aligned with GAAP standards and compliance including revenue recognition in compliance with ASC 606.
Managing the company's tax, consulting, banking and audit relationships to ensure tax and regulatory compliance in various jurisdictions, including preparation and filing of quarterly and annual tax returns.
Supervising accounts receivable, billing processes, payment collections and accounts payable.

Lead cross-functional initiatives to advance strategically important business needs, including:
Optimizing company's pricing methodology.
Working with the CEO and Business Development team to explore new business models and revenue channels.
Developing and improving internal tools and operational processes, including our ERP system(s) and associated business operations.
Supporting equity and debt financing efforts, including discussions with existing and potential investors / debtors.
Recruiting, interviewing, hiring and developing finance and accounting staff (internal and outsourced) as required.

Required Skills and Experience:
Master's Degree in Finance, Accounting, Business Administration.
10+ years of experience serving in a managerial role specific to financial operational management, accounting, and financial planning & budgeting for a growth stage technology company (preferably big data software used in healthcare and government agencies).
Expertise in software business models and milestone accounting.
Experience in equity and debt financing, and due diligence process.
Experience managing and designing the internal control process and an external audit.
Experience with long-term strategic financial planning for growth organizations.
Experience managing an accounting team, cash flow, and annual operating plans.
Experience developing and refining internal financial management tools to improve the accuracy and management of company and project finances.
Experience with a global/international company is required.

Preferred Experience:
Preferred experience working with bilateral development organizations (e.g. USAID) and multilateral development organizations (e.g. World Bank), including experience with grant management and financial reporting.
Preferred experience liaising with customer and partner finance teams as well as local grantees, subcontractors, and other stakeholders to address cost and pricing considerations.
Preferred experience working with multidisciplinary teams in international settings and familiarity with commonly encountered organizations in the international development sector (donors, multilaterals, consulting firms, etc.).
Solution oriented, strategic thinker with ability to identify and address challenges.
Proven track record demonstrating sound judgment and exceptional attention to detail.
Excellent writing skills, with ability to distill complex financial scenarios for management review and approval.
Analytical thinker, comfortable working with quantitative and qualitative analysis.

*Accounting / Financial Services jobs in south africa
*Chief Financial Officer (CFO) – Cape Town, South Africa in Cape Town

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