Chief Financial Officer

Michael Page; Johannesburg; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

A leading company in Johannesburg is seeking a Finance Director to lead and manage the finance team. The role involves strategic guidance, budget management, and ensuring financial stability. Ideal candidates will have extensive experience in financial management, particularly in the manufacturing sector, and possess strong leadership skills.

Benefits

Attractive package with short-term incentives

Opportunity to lead the Financial function

Qualifications

• Minimum of 10 years' experience in Financial Management.
• 5+ years in a Senior Manager position within the Financial Division.

Responsibilities

• Lead and oversee the finance team and management.
• Provide strategic guidance to the CEO and Board.
• Manage cash flow, liquidity, and working capital.

Skills

Leadership

Financial strategy development

Financial analysis and reporting

Budgeting and forecasting skills

Flexibility and adaptability

Education

Bachelor's degree in Accounting

MBA

Registered Chartered Accountant (South Africa)

Job description

• Lead and oversee the direction, development, and overall management of the finance team.
• Offer strategic guidance and advice to the CEO and Board in the creation of budgets and forecasts.
• Foster a professional environment that reflects the company's core values, setting an example through daily actions.
• Track the company's financial performance against budgetary goals and targets, ensuring that budget allocations support strategic objectives.
• Supervise the budget creation process, providing advice and assistance to key stakeholders, and review budget proposals before they are submitted to the relevant authority.
• Ensure the development and maintenance of a robust control system to protect company assets.
• Implement audit recommendations to reduce financial and business risks.
• Oversee the preparation and publication of annual financial statements for shareholders and other stakeholders.
• Lead the management of expenditure and oversee asset management processes.
• Manage relationships with assurance providers, such as auditors and risk consultants, addressing any issues or concerns raised.
• Identify and implement opportunities for cost savings and improved asset utilisation.
• Manage cash flow, liquidity, and working capital to ensure operational efficiency and financial stability.
• Monitor financial performance indicators, analyse trends, and find areas for potential improvement.
• Collaborate with other departments to support strategic initiatives and business development activities.
• Provide critical support and advice to the CEO on all strategic initiatives, mergers and acquisitions, and other significant business matters.
• Build and maintain relationships with investors, lenders, and other financial stakeholders

The Successful Applicant

• A minimum of 10 years' experience in Financial Management, with at least 5+ years in a Senior Manager position within the Financial Division.
• Experience in the manufacturing sector is highly desirable.
• A bachelor's degree in Accounting, Finance, or a related field; an MBA is preferred.
• Relevant qualifications in Financial Management and a Registered Chartered Accountant (South Africa) with NQF Level 8.
• Leadership capabilities.
• Financial strategy development.
• Knowledge of compliance requirements.
• Financial analysis and reporting.
• Financial operations management.
• Budgeting and forecasting skills.
• Flexibility and adaptability.

What's on Offer

• Attractive package on offer with short-term incentives.
• Fantastic opportunity to lead the Financial function of a reputable organisation.