Chief Financial Officer (CFO) - Mining Sector

Placements24; United States; Remote; USD 272,000 - 545,000; Full time

Benefits offered by this job

Executive salary package

Performance-based bonus

Equity options

Medical aid and retirement fund

Relocation assistance

Job summary

Placements24 is assisting a prominent mining company near Klerksdorp, North West, in recruiting a Chief Financial Officer (CFO). The role demands strategic financial leadership, oversight of accounting, budgeting, forecasting, treasury, and investor relations.

The ideal candidate will have a Master's in Finance/Accounting (MBA desirable), professional qualifications (CA(SA)/ACCA/CIMA), and 10+ years in senior financial roles, with mining experience preferred.

Qualifications

• Master's degree in Finance/Accounting or MBA desirable.
• CA(SA)/ACCA/CIMA or equivalent professional qualification.
• 10+ years in progressive financial leadership roles, mining experience preferred.
• Strong knowledge of IFRS and SA tax legislation.
• Excellent leadership, communication, and stakeholder management.

Responsibilities

• Develop and implement financial strategies to support long-term goals.
• Oversee accounting operations, budgeting, forecasting, and payroll.
• Prepare annual budgets and long-range financial plans.
• Manage cash flow, working capital, and investments.
• Ensure compliance with IFRS, tax laws, and regulatory standards.
• Lead relationships with banks, auditors, and investors.
• Provide strategic financial advice to the Board and executives.
• Identify and mitigate financial risks with strong internal controls.
• Oversee M&A activity and strategic transactions.
• Drive cost efficiencies and operational improvements across the group.

Skills

Strategic leadership

IFRS knowledge

Cash flow optimization

Budgeting & forecasting

ERP systems

Investor relations

Risk management

Mergers & acquisitions

Education

Master's degree in Finance/Accounting

CA(SA)/ACCA/CIMA or equivalent

Tools

SAP

Oracle Financials

Advanced Excel

Job description

About the Role Our client, a prominent and expanding mining entity with operations near Klerksdorp, North West , is seeking a highly accomplished and strategic Chief Financial Officer (CFO). This senior executive position is responsible for the overall financial health and strategic financial planning of the company. The CFO will oversee all financial operations, including accounting, budgeting, forecasting, treasury, and investor relations. The ideal candidate will possess extensive experience in the mining industry, a deep understanding of financial regulations, and a proven track record of driving financial growth and profitability. You will be instrumental in guiding the company's financial direction, ensuring fiscal responsibility, and supporting strategic decision-making at the highest levels. This is a key leadership role with significant influence on the company's success in the competitive mining landscape.

Key Responsibilities

• Develop and implement financial strategies to support the company's long-term goals and objectives.
• Oversee all accounting operations, including accounts payable, accounts receivable, general ledger, and payroll.
• Prepare and manage annual budgets, financial forecasts, and long-range financial plans.
• Manage cash flow, working capital, and investment activities to ensure optimal financial performance.
• Ensure compliance with all relevant financial regulations, accounting standards (e.g., IFRS), and tax laws.
• Lead and manage relationships with banks, investors, auditors, and other financial stakeholders.
• Provide strategic financial advice and analysis to the Board of Directors and executive management team.
• Identify and mitigate financial risks, implementing robust internal controls.
• Oversee mergers, acquisitions, and other strategic financial transactions.
• Drive operational efficiencies and cost-saving initiatives across the organization.

Requirements

• A Master's degree in Finance, Accounting, or a related field; MBA or equivalent is highly desirable.
• Professional qualification such as CA(SA), ACCA, CIMA, or equivalent.
• A minimum of 10 years of progressive experience in financial leadership roles, with at least 5 years in the mining or heavy industry sector.
• Proven track record of strategic financial planning, budgeting, and cash flow management.
• In-depth knowledge of corporate finance, investment banking, and capital markets.
• Experience with financial reporting standards (IFRS) and South African tax legislation.
• Exceptional leadership, communication, and interpersonal skills, with the ability to influence at all levels.
• Strong analytical and problem-solving abilities, with a strategic mindset.
• Experience with ERP systems and advanced financial modeling tools.
• Discretion and ability to handle sensitive financial information in Klerksdorp.

Benefits

• Highly attractive executive salary package commensurate with experience and responsibilities.
• Significant performance-based bonus and equity options.
• Comprehensive executive medical aid and retirement fund benefits.
• Relocation assistance and executive housing support may be available.
• Opportunities for professional development and engagement with industry leaders.
• A pivotal role in shaping the financial future of a growing mining company in the North West province.