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Strategic Financial Leader

1 week ago

Pretoria, Gauteng, South Africa National Regulator for Compulsory Specification Full time

Job Description


The National Regulator for Compulsory Specifications seeks a highly skilled and experienced CFO-Five to lead the financial management services and supply chain management in the organization.


The ideal candidate will have a strong background in finance, with a proven track record of leading strategic financial initiatives and managing budgets. The successful candidate will be responsible for overseeing the financial health of the organization, introducing appropriate financial systems, processes, procedures, policies, and internal controls.


Key Responsibilities:

  • Lead Strategic Financial Initiatives: Identify, lead, and direct strategies relating to long-term financial sustainability of the organization.
  • Manage Financial Services: Lead, direct, and oversee the provision of financial management services, including budgeting, payroll, asset management.
  • Supply Chain Management: Lead, direct, and oversee the provisioning of supply chain management services.
  • Provide Strategic Leadership: Provide strategic leadership to the Business Unit, ensuring alignment with organizational goals and objectives.
  • Financial Advice: Provide financial advice and liaise with various stakeholders, including EXCO, Audit & Risk committee, external auditors.
  • People Management: Oversee people management functions, ensuring effective talent management and development.
  • CORPORATE GOVERNANCE AND COMPLIANCE: Ensure compliance with relevant laws, regulations, and organizational policies.


Requirements:

  • Qualifications: B Com Honours (NQF Level 8) or equivalent, and Qualified Chartered Accountant registered with the South Africa Institute of Chartered Accountants (SAICA).
  • Experience: At least 10 years' experience in financial management role, with at least 5 years in a strategic financial management role, preferably in the public sector.
  • Candidates with alternative qualifications: Candidates with 5 years' experience as a CFO in public services may be considered if they do not have SAICA Registration as CA.


Knowledge, Skills, and Attributes:

  • Finance Discipline: In-depth knowledge of finance as a discipline, including SCM, budgeting, payroll, asset management.
  • Financial Management: In-depth knowledge of financial management within a Government entity, including Public Finance Management Act (PFMA), National Treasury Regulations, King Report, Supply Chain Management, Preferential Procurement Policy Framework Act.
  • Accounts Payable and Receivable: In-depth knowledge of accounts payable and receivable.
  • Revenue and Expenditure Management: In-depth knowledge of revenue, revenue collection, and expenditure management.
  • Asset Management Principles: In-depth knowledge of asset management principles and related accounting requirements.
  • Financial Statements: In-depth knowledge of financial statements and preparation of AFS.
  • Cash Flow Management: In-depth knowledge of cash flow principles and management.
  • Financial Policies and Procedures: In-depth knowledge of financial policies, procedures, and processes.
  • Financial Reporting and Report Writing: Sound knowledge of financial reporting and report writing.
  • GAAP, GRAP, IAF: Knowledge of Generally Accepted Accounting Principles (GAAP), Generally Recognized Accounting Practices (GRAP), and International Accounting Frameworks (IAF).
  • Taxation: Knowledge of income and employee tax.
  • Auditing: Knowledge/experience in auditing.
  • Behavioral Attributes: Strong behavioral attributes, including strategic capability and leadership, decisiveness, planning and organizing, attention to detail, drive and initiative, ability to learn and share knowledge, ability to work independently, negotiation skills, networking skills, sound judgment, assertiveness, ethics, and trustworthiness.