Chief Financial Officer

7 days ago

East London, Eastern Cape, South Africa Profile Personnel Full time
Job Profile

The primary purpose of this role is to provide strategic leadership and management in respect of accounting, financial, and procurement policies, systems, procedures, and activities of the company.

While performing the duties of this job, the employee is involved in policy development and strategic planning processes. The employee needs to submit monthly, quarterly, and annual reports for the company and the Auditor General.

Key Responsibilities
  • Financial Management: Ensure the development of the budget for the company and its presentation to the Finance and Investment Sub-Committee of the company Board.
  • Provide direction towards the management of company financial and accounting systems.
  • Ensure the creation, production, and distribution of all the company's Financial and Accounting Reports to the appropriate authorities and committees in accordance with all statutory, legal, and compliance requirements.
  • Ensure that all the financial controls required according to legislative and professional best practices are established, implemented, and monitored.
  • Ensure the full financial and accounting compliance of finance-related policies, as well as all company policies, practices, and systems.
  • Identify, manage, and monitor all financial risks to which the company may become party to or be exposed through the pursuit of the company mandate.
  • Ensure that the internal control function fulfils its function in relation to identifying and ensuring that sufficient internal controls exist and are maintained within the company.
  • Monitor the entities' cash flow, revenue, and expenditure to ensure it is optimized in order to avoid under or overspending of the company's budget.
Supply Chain Management
  • Oversee the supply chain processes, procedures, and ensure compliance to PFMA and Treasury regulations.
  • Advise the CEO on procurement.
  • Chair the BAC (Bid Adjudication Committee).
  • Ensure GRAP compliance asset register.
  • Ensure the optimal use of resources, including sound fleet management principles.
Stakeholder Management
  • Ensure sound inter-governmental relations by liaising and reporting on the financial affairs to the company Board through the CEO.
  • Ensure sound corporate governance by implementing and strengthening the financial control environment.
  • Ensure the outcomes of the audit report reflect sound governance and financial management.
People Management
  • Ensure effective and efficient organization structure is in place to achieve organization objectives.
  • Ensure the Finance Department's organization structure is appropriately resourced.
  • Effective and appropriate infrastructure and resources.
  • Performance against budget.
  • Staff management.
  • Inspired and motivated staff.
Competencies and Skills
  • Effective and capable management of an accounting function.
  • Detailed and professional knowledge of an entity's accounting, financial, and supply chain requirements.
  • Ability to effectively contribute to the executive management of an institution.
  • Ability to be logical, diplomatic, but firm.

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