Chief Financial Officer

Headhunters; Midrand; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

A leading recruitment agency is seeking a Chief Financial Officer based in Midrand. The ideal candidate will have a BCom (Accounting) degree, be a Chartered Accountant (SA), and have extensive experience in managing finance, particularly in a distributed business unit. The CFO will be responsible for monthly and annual financial accounts, budgets, and compliance with relevant legislation, amongst other duties.

Qualifications

• 3 to 5 years’ experience in a senior financial role.
• Experience managing finance in a distributed business unit environment.
• Solid knowledge of IFRS.
• Familiarity with South African tax legislation.

Responsibilities

• Prepare and review monthly management accounts and annual financial statements in compliance with IFRS.
• Provide financial control over business units in relation to budgets.
• Contribute to organisational business plan development.
• Maintain financial accounting and costing records.
• Manage compliance with the Companies Act.

Skills

Financial management

IFRS knowledge

Tax legislation

ERP systems

Advanced Excel

Education

BCom (Accounting)

Chartered Accountant (SA)

Tools

Google Sheets

Job description

Our Client in the Engineering Industry is seeking to employ a Chief Financial Officer to their team based in Midrand.

Requirements:

• BCom (Accounting) degree.
• Chartered Accountant (SA), registered with SAICA.
• 3 to 5 years’ experience in a senior financial role.
• Experience managing finance in a distributed business unit (BU) environment.
• Solid knowledge of IFRS.
• Familiarity with South African tax legislation.
• Experience using, configuring and applying ERP systems and office automation tools (Excel, Google Sheets).

Responsibilities, but not limited to:

• Prepare and review monthly management accounts and annual financial statements in compliance with IFRS.
• Compile the quarterly financial sections of board packs.
• Provide financial control over business units in relation to budgets, overheads, recoveries, cash flow and working capital.
• Ensure processes and procedures are documented, registered, controlled and implemented in accordance with best practices.
• Contribute to organisational business plan development through input from various teams.
• Perform monthly management accounting and variance analysis against approved budgets and forecasts.
• Maintain financial accounting and costing records: general ledger, accounts receivable, inventory ledgers, accounts payable, payroll, expenses.
• Compile annual budgets and forecasts.
• Liaise with internal and external auditors; prepare audit and tax packs and required documentation.
• Prepare for and attend Audit & Risk Committee meetings.
• Continuously assess and improve financial controls and reporting.
• Manage cash flow forecasts, bank reconciliations and treasury operations.
• Oversee fixed asset registers and perform reconciliations.
• Design, coordinate and support internal processes to ensure compliance with business guidelines.
• Manage compliance with the Companies Act and related legislation.

Additionally, performance expectations may include:

• Adhering to talent management framework.
• Meeting customer satisfaction (e.g. NPS) targets.
• Achieving turnover and profit before interest & tax (PBIT) targets as contracted annually.

Please note that should you not receive a response within 2 weeks of applying, you may consider your application unsuccessful.