Chief Financial Officer

Professional Recruitment Network; Durban; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

A leading recruitment agency is seeking a Chief Financial Officer in Durban to provide strategic financial leadership and ensure the financial integrity and growth of the company. The ideal candidate will have extensive experience in financial management, particularly within the manufacturing sector. Responsibilities include overseeing budgeting, financial reporting, and risk management, as well as leading the finance team to enhance business strategies.

Qualifications

• Minimum 10-15 years of progressive financial leadership experience.
• Proven experience in a CFO or senior finance role within a mid-to-large enterprise.
• Deep understanding of cost accounting and inventory management.

Responsibilities

• Provide strategic financial leadership and ensure financial integrity.
• Oversee budgeting, forecasting, and financial planning processes.
• Manage company's capital structure, working capital, and cash flow.

Skills

Strategic thinking

Financial reporting

Leadership

Analytical skills

Risk management

Education

CA(SA)

Tools

SAP

Oracle

Job description

Our client based in Mount Edgecombe, Durban, is looking for a Chief Financial Officer to join their team.

Reporting to the CEO, the successful candidate will be responsible for providing strategic financial leadership, ensuring the financial integrity, sustainability, and growth of the company. You will be responsible for managing the financial actions of the company, overseeing budgeting, forecasting, financial planning, reporting, treasury, tax, compliance, risk management, and investor relations.

This position is critical in supporting strategic initiatives, managing financial risks, and optimizing profitability within the industry.

Key responsibilities include:

Strategic Leadership:

Partnering with the CEO and Executive team to develop and implement business strategies

Driving financial performance in alignment with strategic objectives and long-term growth targets

Financial Planning & Analysis:

Leading the annual budgeting, forecasting, and long-term planning processes

Providing financial insight and analysis to support commercial decisions and improve profitability

Monitoring key performance indicators (KPIs) and preparing financial dashboards and reports for stakeholders

Financial Reporting & Compliance:

Overseeing the preparation of monthly, quarterly, and annual financial statements in compliance with IFRS and local tax regulations

Ensuring compliance with all regulatory and statutory requirements including SARS, Companies Act, and industry-specific compliance

Treasury & Cash Flow Management:

Managing the company's capital structure, working capital, cash flow, and banking relationships

Optimising liquidity and funding strategies to support operational and investment needs

Risk Management & Controls:

Developing and implementing robust internal controls and risk management frameworks

Ensuring insurance, credit, foreign exchange, and operational risks are identified and mitigated effectively

Stakeholder Engagement:

Acting as the primary contact for auditors, tax authorities, financial institutions and shareholders

Presenting financial results and strategic plans to the Board of Directors and key stakeholders

Leadership & Team Development:

Leading, mentoring, and developing the finance team to support the company's growth

Promoting a culture of high performance, continuous improvement, and strong ethics

Requirements:

CA(SA)

Minimum 10-15 years of progressive financial leadership experience, preferably in manufacturing, chemicals, agriculture or related sectors

Proven experience in a CFO or senior finance role within a mid-to-large enterprise

Deep understanding of cost accounting, inventory management, supply chain finance, and export/import finance

Experience in ERP systems (e.g., SAP, Oracle, or similar) and financial modeling tools

Strategic thinking and strong business acumen

Exceptional financial and analytical skills, including IFRS and consolidation skills

Strong leadership and people management abilities

Group financial reporting packs for submission to a listed company

Preparation of Group companies annual financial statements