CFO

My client has a position for CFO for 8 months in Pretoria Noth Onderstepoort.

The Chief Financial Officer is responsible for the provision of Financial and Cost Management, Financial Sustainability, Financial Reporting and Supply Chain Management to the company, as well as the provision of strategic support to the CEO in the management of financial objectives. The role involves the preparation and implementation of the company Budget and Financial Plans aligned to company strategy; as well as serving as the internal and external audit process. The incumbent is also responsible for ensuring a sound investment management strategy and processes for the organisation. The incumbent further ensures compliance with accounting policies, standards, principles, all acts and other statutory requirement . - The dedicated resource shall be required to adhere to the company's office hours (07:30-16:00) Mondays to Fridays or as otherwise directed by the chief Executive Officer. - Willing to accept extra responsibilities, projects and functions as delegated by the Chief Executive officer. - Willing to work outside normal office hours as the entity is now approaching year end and the audit period, which requires remote work after hours or remote work on weekends.

Strategic Planning and Management :

Contribute towards the development, implementation and monitoring of the company organisational strategy and objectives.

Develop, implement and monitor an Operations strategy for the division that is directly aligned with the organisational strategic objectives.

Create, communicate and implement a business plan that will enable the achievement of the divisional strategy.

Develop, implement, monitor and review company divisional policies and procedures as required.

Research area of focus and advise stakeholders on industry best practice policy and procedure standards and measures.

Ensure the divisional policies and procedures are aligned to the overall company policies and procedures.

Manage the selection and implementation of relevant systems, frameworks and initiatives that ensure delivery in line with the legislative framework and organisational objectives of company.

Financial Management and Reporting :

Provide strategic input and advice to the CEO and Board on the formulation of divisional budgets and forecasts.

Lead the formulation of annual budgets on behalf of the division for CEO approval.

Oversee the divisions relevant departmental budgets to ensure alignment to the organisations revenue and efficiency objectives.

Ensure the costs are contained while maintaining high levels of impact and performance.Lead the development of best practices to achieve the larger Operational financial goals.

Responsible for overseeing that all organisational assets are managed and maintained to the companys standards.

Lead the compilation and presentation of annual financial statements.

Manage and ensure the publishing of the annual financial statements for use by shareholders and other stakeholders.

Lead the compilation, submission and presentation of quarterly and annual reports.

Manage the formulation, submission and presentation of reporting templates.

Ensure that annual financial statements comply with GAAP and other legislative requirements in terms of the Public Finance Management Act, Companies Act, IFRS and Taxation Act.

Compilation, submission and presentation of Board reports for submission quarterly.

Present company results to the Board, Parliament and stakeholders according to the relevant frameworks

People Management :

Lead the implementation of strategic targets, performance management, and the required cascading of performance objectives in order to drive operational success.

Responsible for the overall leadership, direction and development of all staff within the division.

Maintain a professional environment that sets the example for the business by living the OBP values every day.

Inspire continuous focus on improving overall productivity through engagement with employees. Ensure the creation of an environment where staff are developed, engaged and successfully retained.

Lead and guide the determination of staffing requirements and overseeing all personnel processes for the division, such as staff development, mentoring, coaching, recruitment and engagement.

Financial Planning, Budgeting, Controls and Services :

Lead the financial Planning and Budgeting for the company and set budgetary guidelines.

Liaise with shareholders and stakeholders i.e. Department of Agriculture, National Treasury and the Parliamentary Agricultural Portfolio Committee in respect of corporate plans, budgets, financial forecasts, borrowing plans and annual financial reports.

Ensure the design, implementation and maintenance of a sound system of control to safeguard company assets.

Ensure the implementing audit recommendations to minimise financial and business risk.

Formulate and develop financial policies in compliance with accounting principles and other legislative requirements (e.g. treasury regulations) to support the business strategy.

Ensure that the accounting system is managed and controlled.

Ensure that the accounting system complies with reporting standards and that relevant access to users is in place.

Lead the management and provision of Supply Chain Management.

Lead expenditure management.

Lead the provision of Asset Management.

Ensure and manage payroll Administration.

Lead Cost Management.

Lead Revenue Management. Develop and implement fund investment policies or strategies.

Ensure that capital investments are delivered within budget in terms of their envisaged estimated total cost; and ensure the implementation of the financial risk management strategy.

Manage investment funds to maximize return on OBP investments.

Select specific investments or investment mixes for purchase by an investment fund.

Monitor financial or operational performance of individual investments to ensure portfolios meet risk goals. Select or direct the execution of trades and manage foreign exchange related transactions.

Establish and obtain alternative sources of funds to cover funding shortfalls.

Ensure accurate submission of SARS returns

Accurate recording of revenue

Timeous collection of outstanding debtors accounts

Management of working Capital Coordinate output of reports and/or approvals of request by management

Risk and Compliance Management:

Advise and contribute towards the mitigation of the overall risk profile of company.

Manage the divisional risk register.

Lead the mitigation of the divisions risk profile through timeous identification of internal and external factors, the application of fraud controls and risk prevention principles, and implementing of sound governance and compliance processes and tools to identify and manage risks.

Lead the coordination and maintenance of strategic quality risk management in line with regulatory requirements.

Oversee the implementation of compliance with policies and procedures aimed at strengthening the OBP reputation and stakeholder interface.

Ensure the continuous monitoring of changes in the regulatory environment and that appropriate controls are implemented to address new requirements across the division.

Ensure the support and provision of evidence to all internal and external audit requirements.

Lead the maintenance and enforcement of related Service Level Agreements to minimise business risk and ensure business continuity.

Ensure adherence in the team to all relevant legislation, including internal policies and procedures throughout the organisation.

Lead the maintenance and enforcement of related Service Level Agreements to minimise business risk and ensure business continuity.

Ensure adherence in the team to all relevant legislation, including internal policies and procedures throughout the organisation.

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