Chief Financial Officer (CFO)

Placements24; Durban; Hybrid; ZAR 3,000,000 - 6,000,000; Full time

Benefits offered by this job

Hybrid work model

Executive medical aid

Retirement plan

Relocation assistance (if applicable)

Bonuses and equity options

Job summary

Placements24 is seeking a seasoned Chief Financial Officer to lead the organization's financial planning, risk management, and reporting in Durban, South Africa. The role demands strategic vision, strong leadership, and extensive experience in manufacturing finance.

Responsibilities span treasury, budgeting, IFRS compliance, and stakeholder engagement with the CEO and Board. A hybrid work model is offered, with on-site collaboration at the Durban headquarters.

Qualifications

• Professional accounting designation (CA(SA), ACCA, CPA) or equivalent.
• MBA or master's in Finance is highly desirable.
• 10–15 years of progressive experience in financial leadership roles, CFO or Senior Finance Executive.
• Proven experience in the manufacturing or industrial sector.
• Deep understanding of financial markets, corporate finance, accounting principles, and regulatory frameworks.
• Strong strategic thinking, analytical, and decision-making skills.
• Excellent leadership, communication, and stakeholder management abilities.
• Experience with financial modeling, forecasting, and risk management.
• Proficiency in financial management software and ERP systems.
• Demonstrated ability to manage complex financial operations and drive business growth.
• Familiarity with the Durban economic environment.

Responsibilities

• Lead the development and implementation of the company's financial strategy.
• Oversee all financial operations, including accounting, treasury, tax, and FP&A.
• Manage budgeting, forecasting, and reporting processes for accuracy and timeliness.
• Provide strategic financial advice to the CEO and Board of Directors.
• Ensure compliance with financial regulations, IFRS, and governance requirements.
• Identify and mitigate financial risks with robust internal controls.
• Manage relationships with banks, investors, auditors, and regulators.
• Oversee capital structure, treasury functions, and investments.
• Drive initiatives to improve financial performance, profitability, and efficiency.
• Lead and develop the finance and accounting team.

Skills

Strategic thinking

Leadership

Communication

Stakeholder management

Analytical skills

Decision making

Financial acumen

Education

CA(SA)/ACCA/CPA designation

MBA or MSc Finance

Tools

ERP systems

Finance software

MS Excel (advanced)

Job description

About the Role

Our client, a leading manufacturing firm with significant operations in Durban, KwaZulu-Natal . is seeking a highly strategic and experienced Chief Financial Officer (CFO) . This executive leadership role is responsible for overseeing all financial aspects of the organization, including financial planning, risk management, investment strategies, and reporting. The CFO will play a crucial role in shaping the company's financial future, driving sustainable growth, and ensuring financial health and compliance. This is an exceptional opportunity for a seasoned finance professional to join a prominent company and contribute to its ongoing success in the dynamic South African market.

Key Responsibilities

• Lead the development and implementation of the company's financial strategy.
• Oversee all financial operations, including accounting, treasury, tax, and financial planning & analysis (FP&A).
• Manage the budgeting, forecasting, and reporting processes, ensuring accuracy and timeliness.
• Provide strategic financial advice and guidance to the CEO and the Board of Directors.
• Ensure compliance with all financial regulations, accounting standards (IFRS), and corporate governance requirements.
• Identify and mitigate financial risks, implementing robust internal controls.
• Manage relationships with external stakeholders, including banks, investors, auditors, and regulatory bodies.
• Oversee capital structure, treasury functions, and investment activities.
• Drive initiatives to improve financial performance, profitability, and operational efficiency.
• Lead and develop the finance and accounting team.

Requirements

• Professional accounting designation (e.g., CA(SA), ACCA, CPA) or equivalent.
• MBA or Master's degree in Finance or a related field is highly desirable.
• Minimum of 10-15 years of progressive experience in financial leadership roles, with significant experience as a CFO or Senior Finance Executive.
• Proven experience in the manufacturing or industrial sector.
• Deep understanding of financial markets, corporate finance, accounting principles, and regulatory frameworks.
• Strong strategic thinking, analytical, and decision-making skills.
• Excellent leadership, communication, and stakeholder management abilities.
• Experience with financial modeling, forecasting, and risk management.
• Proficiency in financial management software and ERP systems.
• Demonstrated ability to manage complex financial operations and drive business growth.
• Familiarity with the Durban economic environment.

Benefits

• substantial base salary, significant performance-based bonuses, and equity options.
• Comprehensive executive medical aid, a top-tier retirement plan, and generous relocation assistance (if applicable) are included.
• Professional development and continuous learning are strongly encouraged.
• This position offers a Hybrid work model, balancing remote flexibility with essential on-site collaboration at our modern Durban headquarters.