Chief Financial Officer

2 months ago

Johannesburg, Gauteng, South Africa Newrest Full time
Job Title: Chief Financial Officer

Newrest is a leading multi-sector catering company with a global presence, employing over 40,000 people across 54 countries.

Key Responsibilities:
  • Oversee the financial management of the company, ensuring accurate and timely financial reporting.
  • Develop and implement financial strategies to drive business growth and profitability.
  • Manage a team of 8 finance professionals, providing guidance and mentorship to ensure high performance.
  • Ensure compliance with all tax laws, regulations, and industry standards.
  • Monitor and mitigate key elements of the company's risk profile.
  • Review and maintain control accounts, scheduling balance sheet accounts, and analyzing P&L accounts as required.
  • Process journal entries, verify instalment sales agreement schedules, and maintain fixed assets schedules.
  • Monitor bank balances, create and maintain creditor databases, and capture payments with first release functionality.
  • Finalize bank reconciliations and release functions for salaries and payments.
  • Develop and implement cash flow forecasting, daily and monthly, to ensure effective cash management.
  • Ensure income tax compliance and submission of returns, as well as VAT compliance and submission of returns.
  • Handle SARS queries effectively and maintain relations with external auditors.
Requirements:
  • Grade 12 qualification
  • B Com degree
  • Cegid accounting certification
  • Leadership development program
  • 4-6 years of auditing experience
  • Strong analytical skills, communication and organization skills, financial acumen, planning and forecasting skills, leadership skills, and accuracy
  • Competencies in governance, risk, and control, audit and taxation, management accounting, ability to meet deadlines, and staff mentoring

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