Cfo

4 weeks ago


Johannesburg, South Africa Communicate Recruitment Full time

One of the biggest hard manufacturing and wholesale plus retail company which has been
in existence for over 5 decades is looking to hire a new CFO.

The Chief Financial Officer will direct and oversee the financial activities of the entity and the preparation of various financial reports, summaries and forecasts.

The position is highly operational and includes input into the strategic direction of the operations, including a manufacturing concern in ESwatini. The incumbent will need to manage, develop and guide staff and visit branches (South Africa, the manufacturing in Eswatini concern and a branch in Zambia). The incumbent will also be accountable for the internal control environment, including the automation of various controls and processes and working capital management.

**Qualifications**:

- CA(SA)
- Minimum years as a CFO
- Industry must be manufacturing

**Skills**:

- Trading in consumables non negotiable
- Knowledge of the latest IFRS 9 and 15
- Inventory management
- High level understanding of the costing function
- Full understanding of the ESG concept

**Job description**:

- Oversee the review of IT systems -risk management software and Cyber security
- Oversee the documentation and implementation of IT policies and ensure appropriate training
- Implement new systems and testing of DRP biannually
- Approve IT system changes and access for users
- Meeting with suppliers/customers
- Evaluates and approves Capital Expenditure
- Authorizes new supplier accounts
- Approves Creditors payments for SA operations and ensures all foreign exposure is hedged appropriately
- Review of Stock Aging and plans of reduce levels
- Oversee legal debtors and collection of amounts or write offs
- Controls cash flow and working capital requirements and management -review of all Creditors and debtors outstanding amounts and credit limits. All customer credit over R 150k to be approved by the CFO
- Analyses of operations to identify areas in need of reorganisation, downsizing or elimination
- Compares sales and profit projections to actual figures and budgeted expenses to actual expenses; monthly review, analyses and discussions of the income statement by operation
- Oversee the preparation of Budgets and forecasts
- Head office reporting and tax returns, review monthly general ledger reconciliations for all operations
- Direct the preparation of all financial statements including income statements, balance sheets, head office reporting and tax returns. Review monthly General Ledger reconciliations for all operations

**Please visit our website**
**kept on our database for any other suitable positions.**

**We also invite you to contact us to discuss other exciting career opportunities in Finance For more information, please call Loma Zwane on 011 318 2101**
- For more information please contact:
**Loma Zwane


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