Brand Cfo

**The ADvTECH Schools Division leads the private sector in the field of education, contributing meaningfully towards the sustainable development of human capacity in South Africa.**

**Duties Required**:

- To manage all financial functions;
- The incumbent will be responsible for overseeing and maintaining the financial wellbeing of the Brand/Brands and Brand profitability
- Managing governance, risk analyses and reports monthly and annual results
- Prepare forecasts and projections, quarterly and communicate same to MD
- Effects cost savings and participates in strategic financial planning and the achievement of targets and budgets
- Advise and supports Brand MD, School Principals and other Managers in the Brand on financial matters during the budget compilation process, including CAPEX budgeting and planning.
- Ensure relevant information is gathered from Principals and GSS and prepares the Brand financial plan, annually, for approval by the MD
- Compile the annual budget/s for the Brand and update this as required
- Review monthly MANCO report
- Implement an appropriate financial reporting and cash flow management plan to support the achievement of the brand strategy.
- Review GL recons for all accounts within their brand and produce a risk analysis and action report
- Manages BEEE reporting for Brand to AdvTech
- Ensure employment equity targets are achieved
- Monitor and track performance against budget and laisse with Principals in this regard
- Monitor cash flow, weekly and advise Brand MD and Principals accordingly
- Manage variances in actual vs. budget expenditure in all areas of accountability
- Provide strategic financial insight and focus for the Divisional CFO;
- Ensure the development and professional operation of the systems infrastructure
- To be involved in mergers, acquisitions and disposals of companies
- Keep abreast of developments/trends in economy and advises Brand MD accordingly
- Ensure that adequate policies and procedures are in place to mitigate risks, prevent fraud, ensure compliance to legislative, regulatory and good governance requirements and standards
- Oversee the audit process (Internal and external) and provides relevant information and support to auditors as required. Deals with queries as necessary, and escalates matters when required
- Ensure staff roles and responsibilities are clarified and performance objectives set and monitored. Conduct performance reviews in accordance with policy and procedure and take corrective action as required
- Liaise with suppliers and negotiate pricing and terms & conditions of service

**Competencies required**:

- Leadership;
- Project Management;
- Problem Solving Skills;
- Attention to detail and accuracy;
- Excellent computer skills;
- Ability to work under pressure;
- Enthusiastic, energetic, assertive and flexible;
- Good written and verbal communication skills

**Qualifications**:

- Minimum requirement is B Com with completed Articles or a CA (SA).

**Experience**:

- Minimum of 5 - 8 years working experience in a similar-sized organisation.