Job title: Chief Financial Officer
Job Location: Gauteng, Johannesburg
Deadline: September 12, 2025
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Responsibilities:
- Develop finance strategy with detailed action plans to realize CETA's strategic initiatives and define success measures.
- Implement systems, procedures, and processes to improve CETA's financial position and sustainability.
- Oversee the implementation and adherence to financial management policies and procedures.
- Manage organizational expenditure and financial controls within approved budgets, including corrective actions.
- Ensure compliance with relevant laws, policies, and regulations, monitoring legislative and regulatory developments.
- Develop and monitor effective financial management strategies.
- Prepare monthly and quarterly financial management accounts and reports.
- Compile quarterly, interim, and annual financial statements compliant with GRAP and PFMA standards.
- Manage cash flow and reporting in line with Treasury guidelines.
- Oversee investment activities and portfolio management.
- Manage accounting, finance, and reporting functions.
- Handle audit processes, including monitoring and reporting on audit findings and action plans.
- Identify and manage financial, investment, and associated risks.
- Ensure robust financial controls, asset management, and delegation of financial powers.
- Develop and implement a Supply Chain Management (SCM) system compliant with legislation and governance standards.
- Ensure timely and compliant procurement and SCM activities, with regular reporting to stakeholders.
- Oversee facilities, records management, and related functions according to best practices.
- Manage relationships with key stakeholders on financial matters.
- Lead, develop, and supervise the Finance Department staff, fostering continuous learning and development.
- Perform other duties as directed by the CEO.
Specific Deliverables:
- Manage and track cost center budgets, reporting to executives.
- Prepare management accounts and revenue improvement reports monthly.
- Provide cash flow projections and investment analysis weekly and monthly.
- Update and recommend finance policies and procedures to the Accounting Authority.
- Develop and implement service standards and scorecards to improve financial performance.
- Process supplier and stakeholder payments regularly and promptly.
Requirements:
Skills, Experience, and Competencies:
- Bachelor’s degree in Finance/Accounting and postgraduate qualification such as CTA, at NQF level 8.
- Completed articles and Chartered Accountant certification (SAICA or equivalent) are mandatory.
- Master’s degree (e.g., MBA, M.Com) at NQF 9 is advantageous.
- Active membership or certification with a Chartered Accountancy institute is required.
- Minimum of 8 years’ experience in financial management, with at least 5 in a senior role in a regulated environment.
- Proven leadership in achieving clean audits and compliance.
- Experience reporting on governance, risk, and finance to executives and boards.
- Knowledge of the higher education sector, SDA, SDLA, and PFMA is essential.
- Understanding of Treasury Regulations, BBBEE Act, and procurement policies.
- Advanced Excel and data analysis skills; computer literacy.