Chief Financial Officer

2 weeks ago


Rosebank, South Africa HRInsync Full time

**Chief Financial Officer
- JHB**
- *Occasional travel to other sites required_

**Company**

Dynamic company that is passionate about early childhood education in South Africa.

**Purpose**

Lead the development of financial solutions and systems for a sustainable and scalable

learning delivery platform, including with government, impact investors and delivery

partners. Working closely with the CEO, the CFO will develop financial sustainability strategies

for the company. The incumbent will also be responsible for the development of a financial and operational strategy, metrics which are tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.

**Duties & Responsibilities**
- Sustainability Strategy_
- Lead financial modelling processes to ensure sustainability and scalability of the company’s

delivery platform
- Work with the advocacy lead to give input to government on appropriate funding

mechanisms at scale
- Provide input and support on designing financial inclusion mechanisms for the business

support of the company’s members
- Design innovative funding solutions for the sustainability of the company member and the company member’s network
- Work with the CEO and COO to build a pipeline of investors into the company and to ensure

high investor conversion and retention
- Financial Management_
- Determine and compile the annual budget in collaboration with the CEO
- Implement, control and manage the resources and procedures within approved budget

guidelines
- Compile and present budget reports regarding expenditure to keep the Finance and Risk

Committee appropriately informed of the company’s budget position
- Approve all agreements concerning financial obligations in the company
- Ensure systems for reconciliation and reporting on organisational expenses
- Report financial results to the management team and to the board
- Oversee the provision of timely and accurate analysis of budgets, financial trends and

Forecasts
- Departmental Strategy & Planning_
- Interpret and execute the company’s strategy into a departmental plan with specific

objectives and targets and communicate to the team
- Compile, implement and enforce departmental procedures in support of the company’s

strategy
- Evaluate and optimise departmental systems and procedures in support of the

Company’s plan/strategy
- Provide leadership in the development of and the continuous evaluation of short and long term

strategic financial objectives
- Assist in formulating the organisation’s future direction and supporting tactical initiatives

within the company
- Monitor and direct the implementation of strategic business plans
- Develop performance measures that support the organisation’s strategic direction
- Financial Operations_
- Compile and present reports at management and stakeholder meetings
- Drive financial planning
- Provide executive management with advice on the financial implications of business

activities
- Oversee the preparation of all financial statements, invoices and proposals
- Co-lead company member’s due diligence
- Conduct periodic financial analyses to identify and resolve issues, gaps or variances
- Decide on investment strategies by considering cash and liquidity risks
- Oversee that a fraud prevention plan is implemented and operational
- Construct and monitor reliable control systems
- Oversee that cash flow is appropriate and well managed for the company’s operations
- Risk Management_
- Develop and maintain a comprehensive risk management register for the organisation and

conduct periodic audits to ensure risk compliance
- Lead the organisation’s risk mitigation strategies
- Client & Supplier Management_
- Professional communication and interaction with all stakeholders and members of the

public
- Develop a trusting and mutually respectful relationship internally and with members of the

public
- Manage vendor relationships

**Skills, Qualifications & Experience**
- Be in possession of a Bachelors’ degree (Post graduate qualification preferred)
- Valid driver’s license
- Be fluent in English and at least 1 other African language
- Knowledge of strategic planning and management skills
- Admission to the board as a chartered accountant [CA(SA); CIMA]
- In-depth understanding of organizational policy conceptualization, analysis and

implementation
- Minimum of 15 years’ experience in accounting or finance
- 5 years’ experience in senior management
- Experience in partnering with an executive team

**Job Types**: Full-time, Temporary
Contract length: 12 months

**Salary**: R1,300,000.00 - R1,500,000.00 per year

Ability to commute/relocate:

- Rosebank, Gauteng: Reliably commute or planning to relocate before starting work (required)

**Education**:

- Honours (required)

**Experience**:

- financial accounting: 10 years (required)
- senior management: 5 years (required)



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