Chief Financial Officer

Talent Genie; Cape Town; On-site; ZAR 1,200,000 - 2,000,000; Full time

Job summary

A leading company in the beverage manufacturing industry is seeking a Chief Financial Officer (CFO) to lead financial strategy and operations. The role involves developing financial strategies, overseeing operations, managing risks, and partnering with executives for strategic planning. The ideal candidate will have extensive experience in finance, particularly in the FMCG sector, and strong leadership skills to drive financial performance and team development.

Qualifications

• Minimum of 10 years in finance, 5 years in senior management.
• Strong FMCG or manufacturing background, preferably in beverage.
• Proven track record in financial planning and risk management.

Responsibilities

• Lead financial strategy and planning aligned with business growth.
• Oversee financial operations and ensure compliance.
• Manage investments and support strategic business decisions.

Skills

Leadership

Analytical Skills

Problem-solving

Financial Reporting

Communication

FMCG Knowledge

Financial Modeling

Team Management

Education

Bachelor's degree in Finance, Accounting, or Economics

MBA or professional designation

Tools

ERP Software

Advanced Excel

Job description

Overview

Reference
Chief Financial Offi

Salary
ZAR/month

Job Location
- South Africa -- City of Cape Town -- Cape Town

Job Type
Permanent

Posted
30 October 2024

Our client in the beverage manufacturing/FMCG industry is seeking a highly skilled Chief Financial Officer (CFO) to lead their financial strategy and operations. This is a pivotal role for an experienced finance professional who will drive financial planning, risk management, and support the company's growth objectives through sound financial leadership.

Responsibilities:

• Financial Strategy and Planning:
• Develop and execute financial strategies aligned with the company's growth objectives.
• Lead long-term financial planning, including budgeting, forecasting, and financial modeling to support business goals.
• Provide strategic recommendations to the CEO and executive team based on financial analysis and projections.
• Financial Operations and Reporting:
• Oversee financial operations, including accounting, financial reporting, and compliance.
• Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements.
• Implement robust financial controls and ensure compliance with industry standards and regulations.
• Risk Management and Compliance:
• Identify, monitor, and manage financial risks, including currency, credit, and operational risks.
• Ensure compliance with tax laws, industry regulations, and internal policies.
• Oversee audits and work closely with external auditors and regulatory bodies.
• Team Leadership and Development:
• Lead the finance team, fostering a culture of continuous improvement and accountability.
• Develop and mentor finance staff, ensuring professional growth and knowledge transfer.
• Drive best practices in financial management, encouraging innovation and efficiency.
• Investment and Capital Management:
• Manage cash flow, investments, and capital allocation to optimize the company's financial health.
• Oversee relationships with banks, investors, and other financial stakeholders to secure funding and drive capital growth.
• Evaluate potential mergers, acquisitions, and joint ventures to support business expansion.
• Strategic Business Partner:
• Act as a strategic partner to other departments, providing financial insights to support decision-making.
• Collaborate with senior leaders on initiatives to increase profitability, reduce costs, and drive operational efficiency.
• Contribute to the overall strategic planning and direction of the company as a key member of the executive team.

Key Skills:

• Strong leadership and team management skills.
• Strategic thinker with excellent analytical and problem-solving abilities.
• Advanced knowledge of financial reporting standards and regulations (IFRS, GAAP).
• Proficiency in financial modeling, forecasting, and investment analysis.
• Excellent communication and interpersonal skills to influence stakeholders and drive change.
• In-depth understanding of the FMCG or beverage industry is advantageous.
• Minimum of 10 years of experience in finance, with at least 5 years in a senior financial management role.
• Proven experience in the FMCG or manufacturing sector, ideally within the beverage industry.
• Strong track record of success in financial planning, risk management, and team leadership.
• Proficiency in financial systems, advanced Excel, and ERP software experience.

Qualifications:

• Bachelor's degree in Finance, Accounting, Economics, or a related field; an MBA or professional designation is preferred.