Chief Financial Officer, Group Change Financial

3 months ago

Sandton, South Africa Absa Bank Limited Full time

Bring your possibility to life Define your career with us
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary

Contribute to the effective Group Change Financial Management, directing financial activities, business plan development and controlling accounting practices, including the timely preparation of financial reports, forecasts and business performance analysis. Contribute to the overall strategy for change financial management, including oversight and control over Strategic Investment spend.

**Job Description**:
Key Accountabilities

Financial Planning - Strategy participation
- Contribute to the development of the strategy for CFM through leadership and direction on the function’s financial activities.
- Provide advice on the financial, tax planning and financial risk management aspects.
- Review and approve the consolidated financial plans (RAF, MTP and STP) before presenting to appropriate ExCos and CFO: Central Functions for final approval.
- Advise ExCos on change performance against the strategic objectives and financials. Facilitate the discussions on the way forward.
- Participate in the reviews of opportunities by conducting appropriate financial analysis. This could include due diligence on existing practices in the other organisations or checking forecasts of potential financial impacts.
- Continuously consider the interplay between CFM as a function and the broader Group, the competitive environment and the financial market to identify new opportunities for commercial effectiveness and advise the ExCos of potential opportunities to pursue.
- Support key senior stakeholders in understanding the financial and management accounts for change.
- Advise and provide input into the transfer pricing processes and interlocks associated with change-related costs/activities.
- Formulate creative solutions to enhance the commercial and operating effectiveness of the function. Influence key organisational stakeholders to buy in to the proposed enhancements, ensuring that actions are documented and assigned to clear owners with monitoring of the financial effects of implementation.

Performance measurement and reporting
- Direct and oversee the preparation of financial statements, financial reports, special data analysis, and adhoc information reports and communicating the standards for activities and outputs.
- Sign off on the financial half year-end and year-end aspects.
- Analyse financial results on a monthly basis and summarise it so as to enable key stakeholders to take timely and appropriate actions/decisions and to ensure effective financial and strategic decisions.
- Present and report accurate and timely historical financial information on or before set deadlines. Financial reports have to meet generally accepted accounting practice and Absa Bank Limited financial reporting standards and data definitions.
- Oversee the review of financial and management accounting reporting practices in place in the function to ensure that they meet the required standards. Implement corrective or improvement actions when required.
- Arrange for the preparation of budgets and variance reports and ensure timely distribution to key stakeholders. Highlight variances from the business plans - under spend and overspend and work to develop corrective actions.

Financial systems, analysis tools and models
- Based on the standards determined by Group Finance, arrange for the evaluation and update of the financial systems in place in the function (systems include budget tools, tax planning tools, financial reporting systems, asset/investment/intangible registers etc). Make recommendations to Group Finance on systems enhancements required.
- Participate in the development of data definitions for financial reporting to ensure that Group Standards are understood and maintained within the functions, and that functions’ requirements are incorporated into Group Standards.
- Where standard systems and tools do not meet reporting/analysis/forecasting requirements of the business, investigate alternative solutions and make comprehensive recommendations to source and implement alternatives. Oversee the programme management of the implementation.
- Based on the criteria and frameworks developed by Group Finance, establish and maintain a system to evaluate all strategic initiatives/major projects prior to launch. Together with the ExCos, prioritise projects and project funding.
- For major projects, support the project sponsors to develop the business case, in particular the financial components.

Compliance
- Develop and implement finance, accounting, billing (where appropriate), funds release and auditing procedures by ensuring that records systems are maintained in accordance with gener

  • Group Financial Manager

    1 month ago

    Sandton, South Africa Servest Careers Full time

    Servest is a world class business which is innovative and a leader in the Integrated Facilities Management Industry. The company offers an innovative environment that will accelerate your development and skills, as the highest value is placed on attracting top talent to the organisation. Applications that meet the stated requirements are invited for a...

  • Chief Financial Officer

    3 months ago

    Sandton, South Africa Fides Recrutiemt Full time

    **Chief Financial Officer** **ROLE** - Is accountable and responsible for the financial accounting function of company Holdings and group entities: - Monthly management accounts; - Annual financial statements; - Annual budget; and - Audit. - Is accountable and responsible for the financial accounting function and reporting of Company’s private equity...

  • Chief Financial Officer

    2 months ago

    Sandton, South Africa Mshindi Consulting Full time

    combining strategic financial leadership underpinned by a strong technical understanding of financial accounting principles as well as financial legislation such as PFMA etc. **Position Title: Chief Financial Officer (CFO)** **Industry: Engineering, Rail Sector** **Reporting to : CEO** **High-Level Requirements**: - Proven experience as a CFO in...

  • Chief Financial Officer

    2 months ago

    Sandton, South Africa CA Global Headhunters International Full time

    Reference No. JA-SR- 0026 **Reference Number**:JA-SR- 0026** African Alliance (“the Group”) was established over three decades ago with the intention of establishing a Pan African investment bank on the African continent. In the process of establishing the investment bank, the shareholders of the Group took the decision to build additional and...

  • Chief Financial Officer

    2 months ago

    Sandton, South Africa Guardrisk Full time

    **Introduction** Provide strategic leadership in Guardrisk and specifically on financial and capital matters. Oversee financial and capital management activities for the business by providing professional and ethical financial practices and delivering an effective service offering that is aligned with business and Group strategy. Ensure the sustained...

  • Chief Information Officer

    2 months ago

    Sandton, South Africa Quantum Change Full time

    Our client in the **Payment Services** industry is looking for a **Chief Information Officer (CIO)** who will play a pivotal role in shaping the technical future and driving innovation across the organization. The CIO will be responsible for crafting the technical vision and strategy that transforms the company's technical architecture into a future-fit...

  • Chief Medical Officer

    2 months ago

    Sandton, South Africa Clinix Health Group (Pty) Ltd Full time

    To provide strategic direction and oversight of the Clinical department in order to deliver linger term organisational objectives in line with health care regulations. The incumbent will lead the delivery of Clinical performance across the organisation in order to optimise quality care standards and cost Clinical performance. **Minimum Qualifications and...

  • Group Financial Controller

    2 months ago

    Sandton, South Africa SYSPRO Full time

    **Description**: Responsible for supporting Regional and Global Financial Operations in order to achieve financial sustainability. **Key Responsibilities**: - Assist in creating and implementing a 5-year group financial plan/framework. - Improve financial systems, procedures and policies. - Report on both local and global financial situation. - Analyze...

  • Chief Financial Officer: Cec

    2 months ago

    Sandton, South Africa Blue Label Telecoms Full time

    **Job Purpose** Partners with the CEO and business unit leaders in the development and rollout of the company's vision and strategy and by improving and safeguarding financial results. Your responsibilities will involve providing strategic financial guidance, ensuring accurate financial reporting, and contributing to the company's overall growth and...

  • Chief Financial Officer

    2 months ago

    Sandton, South Africa Trifecta Capital Africa (Pty) Ltd Full time

    Trifecta Capital is a South African private investment group that acquires real estate assets and property companies throughout South Africa. We are seeking an experienced c-suite level executive to join the management team of the company in the capacity of CFO The CFO is responsible for the following key areas: - Setup and management of the financial...

  • Chief of Staff

    2 months ago

    Sandton, South Africa Foxridge Trading 31 - Supreme Consulting - Valuing HR Full time

    **CORE PURPOSE OF THE ROLE** Enhance the functioning and efficiency of the BCO Chief Executive Officer/Group Financial Director’s office through effective coordination, project management execution,, execution of management accounting activities, communication and engagement with internal and external stakeholders and overall professional executive...

  • Chief Finance Officer

    3 months ago

    Sandton, South Africa RPO Recruitment Full time

    Our client at RPO Recruitment is currently hiring for the position of Chief Finance Officer (CFO) for their company in Sandton. You will be responsible for managing the company's financial operations, providing strategic financial guidance, and ensuring compliance with financial regulations. This is a senior leadership position that requires strong financial...

  • Chief Finance Officer

    3 months ago

    Sandton, South Africa RPO Recruitment Full time

    At RPO Recruitment, we are currently seeking a highly experienced Chief Finance Officer (CFO) to join our client's team in Sandton, Johannesburg. As the CFO, you will play a key role in managing our company's finances, providing strategic financial guidance, and ensuring compliance with financial regulations. In this senior leadership position, you will be...

  • Chief of Staff

    2 months ago

    Sandton, South Africa Ellahi Consulting Full time

    The employer: The Corporate Office of a leading SA employer in the industrial processing, distribution, and services industries : Industrial Equipment & Services and Consumer Industries (food and ingredient solutions). **Core purpose of the role** Enhance the functioning and efficiency of the Chief Executive Officer/Group Financial Director’s office...

  • Group Management Accounting Manager

    2 months ago

    Sandton, South Africa Servest Careers Full time

    Servest is a world class business which is innovative and a leader in the Integrated Facilities Management Industry. The company offers an innovative environment that will accelerate your development and skills, as the highest value is placed on attracting top talent to the organisation. Applications that meet the stated requirements are invited for a...

  • Chief Financial Officer

    1 month ago

    Sandton, South Africa Motus Corporation Full time

    Motus Africa is looking for a CFO to Lead the profitability agenda of the business whilst balancing the strategic imperativesGenerating financial insightsEnabling delivery of strategy, budget and forecastLead and manage the finance teamDriving a high-performance culture that delivers on their commitmentsPrepare detailed and insightful analysis of the...

  • Group Financial Analyst

    3 months ago

    Sandton, South Africa Mass Staffing Projects Full time

    **Job Information** - Location- Recruitment Agency / Vacancy in Sandton- Salary- R800K - R600K p/a- Job Type- Permanent- Education- Maths/Stats/Quants degree- Experience- 4- 5 years’ experience- Reference- GroupFA AP- - finance.jobs(at)staffingprojects.co.za- Fax- 0865728847An exciting opportunity exists in Centurion. My client is looking for a Group...

  • Financial Administrator

    2 months ago

    Sandton, South Africa Tsebo Group Full time

    **About Us**: Tsebo Facilities Solutions is looking for a Financial Administrator who will provide a financial administration service by ensuring that the necessary documents are attached to every supplier invoice where applicable. As a leading African Integrated Workplace Management Solutions Provider, Tsebo Solutions Group offers clients reduced costs,...

  • Financial Operations Analyst

    2 months ago

    Sandton, South Africa Core Group Full time

    At Core Group, we’re proud to offer innovative products that meet the needs of our customers. The Core Group is a group of companies that represent the world's leading personal technology products and services in Sub-Saharan Africa. We believe in bringing products and services to people that’ll empower, enable, inspire and grow - achieved through supply...

  • Chief Operating Officer: Human Capital Function

    2 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job...