Chief Financial Officer

3 weeks ago


Mbombela, South Africa Bizzy Solve Full time

Position Overview The Chief Financial Officer (CFO) is a key member of the Executive Leadership Team and a strategic business partner to the CEO and Board of Directors. This role is responsible for overseeing the financial health, risk management, strategic planning, and fiscal operations of the organisation. The CFO will lead all financial and procurement functions while ensuring effective governance, regulatory compliance, and sustainable growth across the Group. The CFO will play a critical role in managing margins, optimising store performance, and navigating a dynamic retail landscape, including omnichannel operations, inventory cycles, and seasonal fluctuations. Key Responsibilities Strategic Leadership Develop and implement the Group's financial strategy aligned with long-term corporate objectives. Contribute to M&A activities, capital allocation, and investment decision‑making. Support CEO and Board in developing and evaluating strategic initiatives, budgets, and business plans. Play a key role in shaping and challenging corporate strategy, acting as a strategic advisor and partner. Advise on pricing strategies, promotional effectiveness, and profitability by product category, region, and retail channel. Financial Planning & Analysis Lead the preparation, consolidation, and monitoring of annual budgets and 5‑year business plans. Provide ongoing financial forecasting, scenario modelling, and variance analysis. Develop financial performance metrics and dashboards to drive decision‑making across the Group. Analyse same‑store sales, basket size, footfall data, and GMROI to inform retail operations and marketing initiatives. Financial Reporting & Compliance Oversee timely and accurate financial reporting (internal and statutory), including Monthly MIS and board packs. Ensure compliance with IFRS, King IV, and all applicable financial, tax, and regulatory frameworks. Coordinate and manage all audit activities (internal and external), ensuring clean audit outcomes. Risk Management & Governance Identify and manage financial, operational, and strategic risks across the Group. Maintain and evolve the enterprise‑wide risk management framework. Track emerging risks and communicate their business impact to the Board and relevant committees. Monitor risks related to consumer demand shifts, vendor disruptions, supply chain volatility, and seasonal cash‑flow constraints. Treasury, Capital & Investment Management Manage the Group's treasury function, including liquidity, capital structure, and funding strategies. Evaluate investment opportunities and capital expenditures, including ROI and valuation analysis. Negotiate and maintain banking relationships, debt financing, and foreign exchange contracts. Oversee working capital tied to inventory purchases, supplier credit terms, and seasonal financing needs. Procurement & Operational Finance Lead the Group Procurement function, including sourcing strategy, vendor negotiations, and high‑value RFQs. Drive cost‑efficiency through analysis of BOMs, product costing models, and supplier alternatives. Improve working capital through proactive payables, receivables, and inventory management. Optimise procurement across FMCG, private labels, and direct imports to reduce costs and improve availability. Systems, Technology & Data Integrity Oversee financial systems and ERP optimisation to ensure data accuracy, timeliness, and automation. Lead change management, training, and digital transformation initiatives in the finance function. Support integration of POS systems, retail analytics platforms, and inventory management tools with the finance function. External Stakeholder Management Act as the primary point of contact for auditors, banks, legal advisors, tax authorities, and insurance providers. Present financial results and insights to the Board, audit, remuneration, and ethics committees. Legal, Tax & Compliance Ensure companywide compliance with tax laws, statutory filings, and secretarial regulations. Oversee due diligence and risk reviews for key contracts and business initiatives. Manage



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