Chief Financial Officer ( CFO ) (Automotive)

Hedz Recruitment; Sandton; On-site; ZAR 600,000 - 750,000; Full time

Job summary

A leading recruitment firm is seeking a CFO for a well-established organization in Woodmead, Johannesburg. The ideal candidate will have over 5 years of experience in automotive retail and wholesale, hold a Bcom Accounting or similar degree, and be qualified as CA(SA) or CIMA. Key responsibilities include financial management, departmental strategy planning, and risk management. Strong operational and financial reporting capabilities are essential.

Qualifications

• 5 years experience in automotive retail and wholesale.
• Valid drivers license.
• Minimum of 15 years experience in accounting or finance.

Responsibilities

• Determine and compile the annual budget in collaboration with the CEO.
• Oversee financial planning and reports.
• Drive strategies for departmental objectives and performance measures.

Skills

Financial reporting

Operational management

Strategic planning

Budget management

Risk management

Education

Bcom Accounting or similar Degree

CA(SA) or CIMA qualification

Job description

a Well Established organisation is seeking the services of a CFO for the Woodmead, Johannesburg area.

The ideal candidate will have 5 years Automotive retail / wholesale experience and have qualified as a CA(SA). Strong operational experience is essential.

Salary: Market Related

Min Requirements

• Bcom Accounting or similar Degree
• Admission to the board as a chartered accountant [CA(SA); CIMA]
• Min of 5 Years motor retail and wholesale experience
• Must be Operationally strong
• Adept at Financial reporting
• Valid drivers license
• Knowledge of strategic planning and management skills
• In-depth understanding of organizational policy conceptualization, analysis and implementation
• Minimum of 15 years experience in accounting or finance
• 5 years experience in senior management
• Experience in partnering with an executive team

Financial Management

• Determine and compile the annual budget in collaboration with the CEO
• Implement, control and manage the resources and procedures within approved budget guidelines
• Compile and present budget reports regarding expenditure to keep the Finance and Risk Committee appropriately informed of the companys budget position
• Approve all agreements concerning financial obligations in the company
• Ensure systems for reconciliation and reporting on organisational expenses
• Report financial results to the management team and to the board
• Oversee the provision of timely and accurate analysis of budgets, financial trends and forecasts

Departmental Strategy & Planning

• Interpret and execute the companys strategy into a departmental plan with specific objectives and targets and communicate to the team
• Compile, implement and enforce departmental procedures in support of the companys strategy
• Evaluate and optimise departmental systems and procedures in support of the Companys plan / strategy
• Provide leadership in the development of and the continuous evaluation of short and long term strategic financial objectives
• Assist in formulating the organisations future direction and supporting tactical initiatives within the company
• Monitor and direct the implementation of strategic business plans
• Develop performance measures that support the organisations strategic direction

Financial Operations

• Compile and present reports at management and stakeholder meetings
• Drive financial planning
• Provide executive management with advice on the financial implications of business activities
• Oversee the preparation of all financial statements, invoices and proposals
• Co-lead company members due diligence
• Conduct periodic financial analyses to identify and resolve issues, gaps or variances
• Decide on investment strategies by considering cash and liquidity risks
• Oversee that a fraud prevention plan is implemented and operational
• Construct and monitor reliable control systems
• Oversee that cash flow is appropriate and well managed for the companys operations

Risk Management

• Develop and maintain a comprehensive risk management register for the organisation and conduct periodic audits to ensure risk compliance
• Lead the organisations risk mitigation strategies