Chief Financial Officer

Job  Overview:The Chief Financial Officer is a key member of the executive leadership team responsible for overseeing and managing the financial strategy, planning, and operations of the organization. The CFO shall be expected to ensure the Corporation’s financial health while driving profitability, optimizing costs, managing risks, and supporting strategic growth initiatives. This role requires an understanding of the organisation’s major revenue streams particularly property investment assets management, loan finance, commercial investments, capital investments, cost management and regulatory compliance.The Corporation is looking for a result-driven Chief Financial Officer who shall institute a strategic business partnership model particularly for the revenue generating business units in addition to complementing the Chief Executive Officer in the strategic management of the Corporation. The candidate should have as a minimum qualification a commerce based NQF level 9 qualification and/or a CA(SA) or equivalent, along with knowledge and experience to be able to drive a financial turnaround and oversee a commercially oriented finance function of a medium sized business. Minimum Requirements:NQF level 9 qualification such as master’s in business administration or finance OR Chartered Accountant (SA) or equivalent10+ years of working experience in finance of which 5 years must be in a senior leadership roleDeep understanding of commercial operations and/or business financial turnaroundStrong ability to link financial strategies to operational and strategic goalsStrong interpersonal and presentation skills, with the ability to engage with stakeholders at all levels Main Responsibilities:Financial Strategy and Leadership: Develop and implement financial strategies to support the company’s business goals and long-term growthCollaborate with the CEO, EXMA, and other executives to define and execute strategic initiativesProvide financial insights to drive decision-making, improve profitability, and achieve operational efficiencyLead the annual budgeting process, ensuring alignment with business objectivesIdentify opportunities to optimize financial performance and implement best-in-class financial practices across all companies in our company GroupImplementing and overseeing financial systems, protocols, controls and strategiesFinancial Planning and Analysis: Lead the budgeting and forecasting process across the group, ensuring clarity, alignment, and precision within a relevant and reasonable time frameMonitor financial performance, conduct variance analysis, and present actionable insights to the leadership teamMonitor key financial metrics, including functional/service area costs, gross margins, and profitability by product lineAnalyse operational cost drivers and identify opportunities for cost reductionEvaluate capital investment projects, ensuring alignment with financial objectives and ROI targetsDrive profitability by identifying inefficiencies and areas for improvement across all of our Corporation Financial Operations and Reporting: Ensure accurate and timely financial reporting in compliance with applicable public sector accounting standardsOversee all accounting functions, including accounts payable, accounts receivable, payroll, and general ledger managementOversee cash flow management across the group, ensuring liquidity and optimal allocation of resourcesOversee all tax aspects and financial legislative requirements for the businessProvide oversight on working capital requirements and capital allocation strategies to support growth initiativesLead the preparation of monthly, quarterly, and annual financial statementsManaging the day-to-day financial operations of the group and group companiesDriving profitability and scalability across the groupRisk Management and Compliance: Identify and mitigate financial risks, including currency fluctuations, interest rate risks, and market volatilityDetermine, implement, optimize and manage strategies and systems to manage significant risk areas within the group so far as they pertain to the optimal operation of the Finance responsibility in the group, including but not limited to Credit risk, Audit risk, Compliance risk, Financial Data Security risk, Business Continuity risk and Liquidity riskOversee internal and external audits, addressing any findings promptlyEstablish and maintain a robust internal control framework to safeguard company assetsAssuming total responsibility for all challenges and opportunities and requirements that may arise within the business insofar as they relate to the financial administration, compliance and strategy of our companyThe role is also responsible for ensuring compliance with relevant financial regulatory requirements and reporting standards, including the PFMA, Treasury Regulations and public sector financial reporting frameworksCost and Revenue Management: Monitor and control operating costs, including cost of employment, functional area expenses (all business units) and general overheadsWork closely with properties, infrastructure and development finance function to optimize operations efficiencyAnalyze cost variances and implement corrective measures to improve profitabilityOversee rental income streams, collaborating with property management functions to ensure timely revenue recognition and realizationWork with the Development Finance Unit to facilitate the timely disbursement and collection of loans in alignment with contractual agreements, policies, regulations and best practicesMonitor and maintain healthy collection rates, ensuring profitability, cash flow, liquidity, and solvency objectives are metTeam Leadership and Development: Overseeing the entire team in the Finance DepartmentBuild and lead a high-performing finance team, fostering a culture of accountability and excellenceProvide mentorship and professional development opportunities for team membersCollaborate cross-functionally with trading services operations and supply chain teams to align financial goals with operational prioritiesBuild the capacity of the financial team to scale alongside the businesses as the group grows and the financial team developsStrategic Growth Activities: Evaluate potential growth opportunities and partnerships to support business expansionLead and support due diligence and financial integration or separation for new acquisitions or disposals within the portfolioDrive funding initiatives, including equity financing, debt financing, or partnerships, as requiredPrepare reports and presentations for investors, ensuring transparency and trust in financial performance and growthTechnology and Systems Optimization: Oversee the selection, implementation, and optimization of financial software and ERP systems, where requiredDrive digital transformation initiatives to improve financial and operational efficiencyLeverage data analytics tools to enhance decision-making and reporting capabilities Competencies:Strategic Vision: Ability to align financial strategies with overall business goalsAnalytical Thinking: Strong problem-solving skills with the ability to analyze complex financial dataLeadership and Team Building: Effective leader who can inspire and develop high-performing teamsCommunication Skills: Ability to present financial insights and recommendations to stakeholders clearlyBusiness Acumen: In-depth understanding of property investment and/or loans operations, supply chains, and cost structuresAttention to Detail: High level of accuracy and commitment to financial integrityAdaptability: Ability to thrive in a fast-paced, dynamic environment with competing prioritiesStakeholder management: CFO will develop and maintain healthy relationships with key stakeholders