Chief Financial Officer

1 month ago

Kempton Park, South Africa Quality Connect Staffing Full time
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

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