Chief Financial Operations Officer

3 days ago


Durban, KwaZulu-Natal, South Africa Performability Recruitment Full time
Job Description

We are seeking a highly skilled Chief Financial Operations Officer to join our team at Performability Recruitment.

About the Role

The ideal candidate will have a proven track record of managing financial operations, ensuring accurate financial reporting, and driving process improvement.

  • Accounting Operations: Oversee billing, accounts receivable, accounts payable, general ledger, reconciliations, cost accounting, and revenue recognition processes, ensuring compliance and accuracy.
  • Financial Reporting: Prepare timely monthly management accounts with comprehensive analysis, highlighting key trends and variances.
  • Budgeting & Forecasting: Develop accurate budgets and forecasts, monitor performance, and provide insightful variance analysis.
  • Regulatory Compliance: Coordinate regulatory reporting, ensuring adherence to local government requirements and tax filings.
  • Technical Accounting: Research and resolve complex accounting issues, ensuring compliance with relevant standards and regulations (IFRS).
  • Financial Close: Lead month-end and year-end close processes, including assisting with the preparation of the annual financial statements, ensuring timely and accurate completion.
  • Internal Controls: Maintain and strengthen internal controls over financial transactions and reporting, mitigating risk and ensuring data integrity.
  • Cash Flow Management: Manage working capital, prepare cash flow projections, and optimize cash flow to support operational needs.
Requirements

To be successful in this role, you will need:

  • Professional Qualifications: CA, SAIPA, CIMA, or ACCA certification, with commercial experience.
  • ERP Experience: Strong knowledge of ERP systems, preferably Sage X3 or SAP.
  • Industry Experience: Previous experience within a manufacturing industry is preferable.
  • Language Skills: Fluency in English, with excellent written and verbal communication skills.
Compensation

We offer a competitive salary range of R650,000 - R850,000 per annum, depending on your level of experience and qualifications.



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