Chief Financial Officer

Rand Water; Johannesburg; On-site; ZAR 1,000,000 - 2,000,000; Full time

Job summary

A public utility organization in Johannesburg seeks a Chief Financial Officer to provide strategic leadership and oversight of financial functions. Candidates should have over 10 years of experience in financial management, preferably in utilities or the public sector. A Bachelor's Degree in Accounting or Finance is required, and a CA(SA) is mandatory. This role emphasizes transparency, compliance, and effective resource management.

Qualifications

• 10+ years’ senior-level financial management experience in utilities, infrastructure, or public sector.
• Strong knowledge of internal controls and compliance requirements.

Responsibilities

• Develop and implement financial strategies for accountability and efficiency.
• Direct financial insights for executive decisions and growth.
• Manage transparent budgeting processes.
• Implement governance and compliance standards in finance.

Skills

Strategic planning

Financial leadership

Advanced negotiation

Stakeholder engagement

Leadership

Communication

Education

Bachelor’s Degree in Accounting, Finance, or Economics

Chartered Accountant (CA(SA))

Master’s Degree in Finance or Business Leadership

Job description

Rand Water Services, a subsidiary company of Rand Water is looking for a Chief Financial Officer. The role will provide strategic leadership and oversight of all financial, risk, and supply chain functions to ensure the financial sustainability of Rand Water Services. The role requires accountable stewardship of resources, fair and equitable allocation of budgets, transparent reporting, efficient financial management, and strict adherence to compliance and governance standards.

Minimum Requirements

• Minimum: Bachelor’s Degree in Accounting, Finance, or Economics.
• Desired: Chartered Accountant (CA(SA)) or equivalent mandatory. Master’s Degree in Finance or Business Leadership is advantageous.
• Minimum: 10+ years’ senior-level financial management experience, preferably in utilities, infrastructure, or public sector.
• Proven track record to lead with fairness, transparency, and accountability in finance.

Primary Duties

• Develop and implement financial strategies that ensure accountability, transparency, fairness, and efficiency.
• Direct financial insights to support executive decisions and sustainable growth.
• Develop and manage transparent budgeting processes.
• Direct efficient allocation of resources and maintain accountability for financial performance.
• Develop and administer accurate, transparent financial reporting frameworks.
• Implement governance, compliance, and internal control standards across all finance functions.
• Direct treasury management frameworks to safeguard organisational assets.
• Develop and implement risk management processes that maintain accountability and efficiency.
• Direct procurement processes that are transparent, fair, and compliant.
• Manage contract and supplier frameworks to maintain efficiency and accountability.
• Manage internal and external audit processes to maintain audit readiness.
• Direct implementation of corrective actions to strengthen financial governance.
• Maintain stakeholder confidence through transparent and accountable financial practices.
• Coordinate executive-level engagements on governance, audit, and compliance matters.

Knowledge

• Financial reporting, risk management, treasury management, procurement governance.
• Strong knowledge of internal controls and compliance requirements.

Skills

• Strategic planning, analysis, and financial leadership.
• Advanced negotiation and stakeholder engagement skills.
• Strong leadership and communication abilities to ensure fairness, transparency, and efficiency.
• Ability to embed compliance and governance in all finance processes.

Attitude

• Balance strategic oversight and attention to detail
• Relationship building
• Espouse Employment Equity principles
• Positive attitude
• High moral compass
• Agility
• Savvy

C1FO