Chief Financial Officer

Vumilia Africa Group (Pty) Ltd; Sandton; On-site; ZAR 1,000,000 - 1,500,000; Full time

Job summary

A financial services organization located in Sandton seeks a Chief Financial Officer to enable financial sustainability and lead strategic planning. The role requires overseeing financial operations, ensuring compliance with relevant legislation, and providing insights on the organization's financial performance. Candidates must have a B Com Honours or equivalent, CA(SA), and extensive experience in senior executive financial roles. This position is crucial for supporting the organization’s strategic partnerships and investments, ensuring robust governance, and driving financial excellence.

Qualifications

• Extensive experience with IFRS / GAAP accounting structures and reporting requirements.
• 10–15 years’ experience in Senior Executive financial management roles.
• Strong technical financial experience.

Responsibilities

• Oversees all financial operations with full accountability.
• Guides investment prioritisation and resource allocation.
• Ensures compliance with PFMA, Companies Act, and tax laws.

Skills

Strategic Thinking

Decision-Making

Change Management

Team Leadership

Stakeholder Engagement

Analytical Thinking

Communication

Education

B Com Honours or Post Graduate NQF 8 qualification in Financial Management or Accounting

CA(SA)

Tools

IFRS

GAAP

Accounting software systems

Job description

Job Title

Chief Financial Officer

Post Level

Executive

Department

Finance

Reporting Line

Chief Executive Officer

Division

Finance

Location

90 Grayston drive - Sandton

Contract Type

Fixed Term

Purpose of the Job

Enables financial sustainability, and compliance with all relevant legislation and financial/accounting standards to provide strategic oversight and insights on the financial position and performance of the organization’s strategic partnerships and investments to ensure sustainability.

Key Performance Areas

Strategic Planning and Analysis

• Integrates financial data into long term strategic planning
• Conducts scenario planning and predictive financial modelling
• Guides investment prioritisation and resource allocation at the executive level
• Supports organisational transformation with financial insight
• Facilitates and identifies budget guidelines and parameters development and implementation
• Assists in translating business strategy into a financial plan
• Designs and documents BU level budgeting
• Draws up a standardised business unit budget proposal template
• Submits budgets and financial information to Treasury and Department of Human Settlement
• Forecasts income and expenditure against various parameters

Financial Management and Reporting

• Oversees all financial operations with full accountability
• Provides forward-looking insights that shape business strategy
• Ensures IFRS / GAAP compliance across the organization
• Interprets complex financial data to inform critical decisions
• Designs BU level and management accounting model
• Establishes appropriate BU performance metrics
• Reports financial performance against budgets and reports on variances
• Manages monthly / quarterly reviews with department heads

External Reporting

• Annual Financial Statements to National Treasury
• Quarterly and annual reports to the National Department of Human Settlement

Treasury and Capital Management

• Optimises capital structures to support growth and stability
• Makes strategic investment and funding decisions aligned with organisational objectives
• Engages with funders/sources to understand characteristics of each option (pricing, term, conditions, etc.)
• Engages with preferred funders and concludes detailed funding plan
• Documents funding strategy and detailed implementation plan and obtains sign‑off from EXCOM and Board
• Manages Funding Covenants and requirements

Investment

• Manages investments and maximises returns on financial assets
• Calculates financial implications of schemes and investments
• Assesses and evaluates financial viability and soundness of products and services

Risk Management

• Identifies strategic, operational, and financial risks proactively
• Designs and implements enterprise risk management frameworks
• Advises the board on risk appetite and mitigation strategies
• Leads organisation‑wide risk culture initiatives
• Ensures financial and organisational protection
• Oversees all accounting and internal control activities to ensure compliance with GAAP, internal controls practice, tax laws and all relevant legislative and regulatory requirements

Compliance and Governance

• Ensures organisational compliance with PFMA, Companies Act, tax laws, and regulatory frameworks
• Leads governance initiatives and develops policies for audit readiness
• Advises the board and executive team on governance risks and mitigations
• Develops, implements and maintains finance and credit control policies and procedures
• Manages assets and liabilities appropriately
• Manages and maintains financial information and documents
• Revises and updates work processes and collection methodologies
• Manages the general ledger, cash book, fixed assets, and stock inventory

Procurement

• Develops, implements and maintains SCM policies and procedures in accordance with National Treasury requirements
• Implements process and procedures to enable efficient SCM processes to meet organisational needs

Audit and Internal Controls

• Oversees robust internal controls across all operations
• Engages with internal and external auditors at board level
• Ensures timely and transparent audit reporting
• Drives continuous improvement of control environments

Contribute to EXCOM and own team success

• Attending, participating in, and contributing to Executive, MCIC, BCIC, Board, and Audit & Risk Committee meetings
• Promotes and facilitates own team interaction and manages team meetings
• Supports a culture of trustworthiness, openness to new ideas, passion for purpose, accountability, competence and teamwork

Living the organisational values

• Promoting a culture of living the values of the organisation – Accountability, collaboration, excellence, leadership, integrity, innovation, diversity, ubuntu, and professionalism

Managing own performance and productivity

• Updating organisational and market‑related knowledge and developments
• Monitoring and evaluating own work progress
• Developing own competence as required
• Completing and actioning performance review results and recommendations

Post Investment and Collections

• Monitoring of all post‑investment activities
• Effective execution of turnaround strategies for distressed investments / loans
• Ensures compliance with Post‑Investment & Collections Policies
• Provides strategic insights to EXCOM & Board committees

Competencies

Leadership

Strategic Thinking – Shapes organisation‑wide strategy using financial insight

• Anticipates market, regulatory, and shifts
• Advises the board on long‑term growth and sustainability
• Connects financial strategy with business innovation

Decision‑Making – Makes high‑stakes financial and business decisions with confidence

• Considers multiple perspectives and risk implications
• Balances short‑term operational needs with long‑term objectives
• Acts decisively during crises, including cybersecurity, compliance, or market events

Change Management – Leads large‑scale transformation programs affecting finance and operations

• Champions cultural and process change across the organisation
• Engages stakeholders to ensure adoption of new systems or processes
• Uses data‑driven insights to monitor change outcomes

Team Leadership & Development – Builds high‑performing finance and cross‑functional teams

• Mentors senior managers and identifies successors for critical roles
• Promotes a culture of accountability, collaboration, and excellence

Stakeholder Engagement – Builds credibility and trust with boards, investors, regulators and government entities

• Influences decision‑making at the highest organisational levels
• Manages complex stakeholder relationships diplomatically

Attributes

• Strong technical financial experience
• Teamwork
• Interpersonal Sensitivity
• Work under pressure
• Self Confidence
• Attention to Detail
• Continuous Learning & Development
• Initiative
• Professionalism
• Quality Management/Assurance
• Values and Ethics

Job Specific Competencies

Integrity & Ethics – Acts as the ethical standard bearer for the organization

• Ensures transparent financial practices
• Upholds compliance and ethical behaviour at all levels
• Influences organisational culture through personal example

Analytical Thinking – Anticipates business challenges through financial modelling and scenario analysis

• Synthesises complex information into actionable insights
• Evaluates strategic options with precision and foresight
• Advises the board using data‑driven recommendations

Communication & Influence – Communicates complex financial concepts clearly to non‑financial audiences

• Persuades stakeholders to support strategic initiatives
• Negotiates high‑value contracts or partnerships effectively
• Serves as spokesperson for the organization in financial matters

Adaptability & Resilience – Maintains composure during financial, operational, or reputational crises

• Adapts financial strategy in response to regulatory, market, or technical shifts
• Leads the organization through uncertainty with confidence

Problem Solving – Resolves unprecedented financial and operational challenges

• Anticipates potential problems and implements preventative measures
• Leads cross‑functional teams to innovative solutions
• Applies lessons learned to strengthen organizational resilience

• Extensive experience with IFRS / GAAP accounting structures and reporting requirements, organisation‑wide financial management, internal controls, and accounting software systems.
• Understanding and experience in Housing Finance
• Guides entity strategy with budgetary foresight
• Understanding and experience of good practice procurement
• Business acumen

Required Qualifications and Experience

Qualifications

• B Com Honours or Post Graduate NQF 8 qualification in Financial Management or Accounting
• CA(SA)

Experience

• 10–15 years’ Senior Executive financial management roles in managing a complex financial operation.