Chief Financial Officer

Reflex Solutions; South Africa; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

A technology ICT firm in South Africa is seeking a Chief Financial Officer to lead financial strategies and operations. This role involves overseeing financial systems and cash flow management while driving compliance and governance initiatives. The ideal candidate will have a strong background in financial management, particularly within telecommunications. The position offers an opportunity to shape the financial health of the organization and work closely with senior leadership.

Qualifications

• 5 to 10 years of financial management experience.
• At least 5 years' experience as senior FM of a similar size company is preferred.
• Must have operational experience and be hands-on.

Responsibilities

• Lead financial strategy and operations.
• Oversee financial systems and controls.
• Ensure compliance with all SARS reporting requirements.

Skills

Decision-making and problem-solving skills

Leadership skills

Strong written and verbal communication skills

Time management

Systems-driven

Education

CA (SA)

BComm (Hons) Accounting

Tools

MS Office

Financial management software

SAP B1

Job description

About Reflex

Established in 2000 in South Africa, Reflex has evolved from modest origins to become a distinguished provider of Information and Communication Technology (ICT) solutions. We specialise in delivering innovative ICT solutions across various industries, earning a sterling reputation for our excellence in the retail sector and beyond. With a robust network of partnerships, we pride ourselves on our ability to swiftly address the technological needs of our clients.

Our portfolio of ICT solutions spans various industries. Reflex Carrier understands what is needed to build, manage, and operate complex backbone networks simply. Our solutions are tailored for Fibre Network Operators (FNO), Internet Service Providers (ISPs), and those looking for comprehensive Managed Connectivity solutions.

On the other hand, our Enterprise Solutions take the complexity out of technology, allowing you to focus on what you do best. We provide seamless, high-performance solutions for connectivity, communications, workplace management, cloud, and cybersecurity services.

Together, both divisions reflect our core values of expertise, clarity, and client-centricity. We take pride in being large enough to offer extensive support while remaining small enough to provide personalised service. At Reflex, our clients are at the centre of everything we do, and we're committed to delivering reliable, jargon-free solutions that drive your success.

About the role

The Chief Financial Officer will lead Reflex's financial strategy, operations, and governance, ensuring the organisation's stability and growth. The CFO will oversee financial systems, controls, and cash flow management, while partnering with the Managing Directors to embed best practices across the finance function. The role is pivotal in shaping strategies that strengthen our financial health, driving informed decision-making, and delivering sustainable value. The role will work closely with the Board of Directors and senior leadership team, to provide strategic, financial, and operational leadership to support Reflex's long-term success.

Key duties and responsibilities:

Strategic Leadership

• Partner with the MDs to develop and execute the company's overall business strategy, both financial and operational.
• Drive the company's financial planning in alignment with strategic objectives.
• Oversee and manage capital investments (Capex) and significant overhead expenditure.
• Lead corporate governance initiatives, ensuring compliance and ethical operations.
• Provide guidance on investment strategies with consideration for cash and liquidity risks.
• Perform comprehensive risk management by analysing liabilities and investments.
• Maintain appropriate cash flow to support operational requirements.
• Evaluate and integrate investment opportunities into the business.
• Develop growth plans to increase profitability while reducing expenditure.

Operational Management

• Oversee the following business functions:
  • Finance: Finance & Reporting, Costing, Debtors, Creditors, Treasury, Tax
  • Stock Procurement & Warehousing - Local (Supply Chain)
  • Stock Procurement - Importing
• Office/Facilities Management
• HR
• Legal
• Implement and monitor controls for all above functions.
• Enhance governance and controls to accommodate the shift from owner management to a structured delegation of authority framework.
• Manage treasury operations, including
  • Cash management and banking activities
  • Net working capital management
• Build and maintain strong relationships with senior management, external partners, and key stakeholders.
• Manage and optimise key vendor relationships.

Financial Reporting

• Ensure timely and accurate preparation of all financial reporting, including:
• Monthly management accounts
• Forecasts and budgets
• Annual financial statements
• Quarterly reporting on financial performance to the Board
• Quarterly reporting on audit and risk-related matters
• Group reporting requirements
• Oversee the year-end audit process and liaise with external auditors to finalise annual financial statements.

Statutory Compliance

• Ensure compliance with all SARS reporting requirements (Income Tax, Provisional Tax, EMP).
• Oversee adherence to the Companies Act.
• Fulfil ICASA regulatory requirements.
• Maintain and manage B-BBEE compliance.

Education, Experience and Skills:

• Education
• CA (SA)
• BComm (Hons) Accounting
• Experience
• 5 to 10 years of financial management experience.
• At least 5 years' experience as senior FM of a similar size company is preferred.
• Proficient in the use of MS Office and financial management software,
• Knowledge of SAP B1.
• Must have operational experience and be hands-on
• Skills and knowledge:
• Decision-making and problem-solving skills
• Leadership skills with the ability to delegate, motivate and inspire team members
• Honesty and integrity
• Strong written and verbal communication skills
• Ability to manage time effectively
• Must be systems-driven and interested in IT

Other information

• Is there any specific industry experience that will be of benefit or is preferred?

- Telecommunications industry experience