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Chief Financial Officer
3 weeks ago
Chief Financial Officer
Reporting to: CEO
2. REQUIREMENTS
- Minimum education (essential):
- NQF Level 8: Bachelors/Honours in accounting.
- CA (SA).
Minimum education(suggested):
- NQF Level 9: Masters degree relevant to the position (such as MBA).
Minimum applicable work experience (years):
- Articles experience at one of the "big 4" accounting firms.
- First time passes for both CA board examinations.
- 15 years experience (incl. articles), of which at least 5 in comparable executive management.
Required nature of applicable experience (essential):
- Strategic and team leadership.
- General management and EXCO-level involvement.
- Executive level Accounting and Financial Management experience.
- Operational management and efficiency optimisation, specifically in finance
- process and system design, and implementation.
- Basic company statutory and legal requirements.
- Development and implementation of group strategy.
- Governance and performance tracking.
- Stakeholder and risk management.
Required nature of applicable experience (suggested):
- Human Resource Management.
- Business reporting and analytics.
- Exposure to the education sector in South Africa.
Computer literacy (essential):
- MS Office (Outlook, Word, PowerPoint, Excel).
- Accounting software (preferably Pastel Evolution).
Computer literacy (suggested):
- Reporting software (preferably MS PowerBI).
Language proficiency:
- English: Fluent.
- Other requirements:
- Be willing to work after hours and travel to branches and service providers.
3. COMPETENCIES
- Essential Competencies
- Strategical thinking, and ability to implement strategy.
- Strong leader, motivator and mentor.
- Proactive problem-solver.
- Critical thinking, and an improvement mind-set.
- Ability to manage financial and administrative processes and systems.
- Strong communication skills.
Important Competencies
- Works well under pressure and experience in crisis management.
- Resourcefull and adaptable leadership.
- Organised with good attention to detail.
4.KEY PERFORMANCE AREAS, WEIGHTS AND TASKS
Strategic leadership 20%
- Assist CEO and board of directors in defining and improving overall business
- vision and strategy.
- Drive the implementation of business strategy to grow group revenue, profit,
- and ROI.
- Define and implement the group and division business model and offering
- strategies.
- Continuously improve cost effectiveness and scaleability of the group and
- individual divisions.
- Interact with the CEO and other Executives to ensure effective functioning of
- the company.
General management 10%
- Manage day-to-day processes, systems, tasks, projects, communication, and
- outputs of the division.
- Implement continuous improvement within the division.
- Coordinate staff development and training, as well as culture and individual
- mentoring.
- Drive performance management, and address staff issues.
- Create scalability, capabilities, and capacity in the division.
- Ensure accurate daily, weekly and monthly KPI reporting, as required.
- Oversee budgeting and reporting processes for the department, including
- ongoing management and compliance of spend vs budget.
- Identify and manage applicable risks.
- Ensure adherence to audit and governance requirements.
Finance 40%
- Ensure adequate finance capacity and capability to perform all financial
- management, analyses, and reporting within Optimi.
- Support the budgeting process and subsequent implementation to achieve the
- companys stated objectives for a financial period.
- Direct preparation and reporting of all required information for the annual audit
- and liaise with the audit committee and the external auditors as necessary.
- Develop, implement, and monitor compliance with internal financial, accounting
- and risk management policies and procedures.
- Assist board/EXCO/internal stakeholders with any finance/governance related
- queries.
- Establish and direct scalable low-cost and efficient accounting processes.
Human Resources 20%
Establish and direct all human resource strategies, policies and initiatives in all HR-related areas:
- Recruitment and selection;
- Personnel administration, incl payroll;
- Training and development;
- Employee engagement and communication;
- Performance and reward management;
- Labour relations; and
- HR planning.
Legal, statutory, and procurement 10%
- Ensure that all statutory and legal requirements of the organization are met.
- Monitor all legislation relevant to the organization to ensure that the
- organization is compliant.
- Oversee the management of BBBEE status and requirements