Chief Financial Officer - Nexio

Vodafone Group; Gauteng; On-site; ZAR 1 200 000 - 1 500 000; Full time

Job summary

A major telecommunications provider in South Africa is seeking a Senior Financial Manager to oversee the financial strategy and health of the organization. This role involves risk management, financial reporting, and collaboration with the executive team. The ideal candidate will have a CA (SA) certification and a minimum of 10 years of financial management experience, including a background in technology. The position supports strategic planning and compliance with regulations.

Qualifications

• Minimum of 10 years' relevant experience with 5 years in a senior financial management position.
• 3 years' experience in a technology environment dealing with industry specific accounting issues highly desirable.

Responsibilities

• Develop and implement financial strategy and policies.
• Manage financial risk and statutory compliance.
• Prepare official reports on a monthly and annual basis.

Skills

Financial leadership experience

Risk management

Corporate governance

Business development

Strategic financial organizational strategies

Education

CA (SA)

Job description

When it comes to putting people first, we're number 1.

The number 1 Top Employer in South Africa. Certified by the Top Employer Institute

Role Purpose / Business Unit

The incumbent is responsible for the overall financial function and fiscal health of the organisation.

This includes determining financial strategy, establishing financial and dividend policies, and coordinating all aspects of the financial function.

The role directs activities related to the security and investment of the organisation's assets and funds, ensuring that all financial transactions, policies, and procedures align with both short- and long-term objectives as well as regulatory requirements.

Key responsibilities include developing, implementing, and maintaining financial plans and policies to ensure effective financial management.

The role establishes fiscal controls, prepares financial reports, maintains relationships with investment and banking communities, advises management on financial affairs, and supports long-range planning.

Additionally, the role manages, leads, and guides the organisation through dynamic regulatory environments, delivering all financial elements of the Nexio strategy.

This is achieved through the development of accurate 3–5-year long-range plans and effective business planning.

The incumbent is also responsible for establishing a comprehensive risk management framework, including the development of risk and legal management strategies, structures, processes, and culture.

This includes making recommendations for proactive risk management decisions, implementing risk management techniques, and ensuring robust risk reporting to top management, public disclosure, and regulatory bodies.

Your Responsibilities will include:

Executive directorship and Organization Strategy

Responsible for financial strategy and reporting as a board member.

Influencing board members, investors, and executive peers

Primarily involved in the development, evolution and approval of the long-term vision across the Finance and Commercial functions

Functional Responsibility

Most senior level within a major Function / s for a business unit

Sets functional strategy and significantly influences business unit strategy

Accounting Officer

Account to FRRC – Annual Financial Statements

Account to FRRC – Dividends

Collaboration & Cross-Functional Leadership

2IC to the CEO

Business Partner to Exco

Working closely with other departments to drive integrated strategies.

Building trust and alignment across the leadership team.

Provides leadership to managers and / or professional staff

Provides technical guidance to employees

Key Accountabilities

• Financial Outlook
• Management Accounts
• Budgeting and long-range plans
• Cash conversion cycle management
• Balance Sheet – overs & unders
• Products development business cases sign-off
• M&A due diligence
• Bids oversight and approval
• Opex; headcount & capex executive approvals
• Taxation compliance
• Lead commercial negotiations – customers, supplier, partners
• Has accountability for the performance and results of the function
• Develops departmental plans and sets priorities
• Controls resources and policy formation in area of responsibility
• Adapts departmental plans and priorities to address resource and operational challenges
• Manages transformation – BBBEE strategy formulation and implementation

Prepare official reports on a monthly and annual basis

Ensures the timely submission of month-end financial and operational reviews, contributes to the development of and participation in corporate-wide strategic planning efforts.

Oversee, review, and adhere to the budgets for each business department

Assist in company-wide budgetary planning

Ensure that all the company's financial practices are in line with statutory regulations and legislation

Analyse the financial climate and market trends to assist senior executives in creating strategic plans for the future

Interpret complex financial information and provide updates and information as needed

Monitor cash flow, accounts, and other financial transactions

Manage the finance department employees in the facilitation of day-to-day operations, including tracking financial data, invoicing, payroll, etc.

Seek out methods and practices to minimise financial risk

Contract auditing services to ensure financial monitoring is up to date

Create and maintain relationships with service providers and contractors, including banking institutions and accountants

Update and implement financial policies and procedures

Risk & Statutory

Chief Risk Officer

Internal controls designs

Account to FFRC – Going Concern and Solvency & Liquidity

Chair – Nexio Pension Fund (Company member)

Custodian of the Delegation of Authority (DOA)

Approval of commercial contracts

Approval of third-party onboarding

Data Governance custodian

Internal audits oversight

Business continuity plans

Ethics oversight

External Auditors executive relations

External Attorneys executive relationship management

Bankers' relationship management

Insurers relationship management

ERP Vendors executive relations

Chair Cyber Security SteerCo

The ideal candidate for this role will have :

CA (SA) essential.

Minimum of 10 years' relevant experience with not less than 5 years in a senior financial management position.

3 years' experience in a technology environment dealing with industry specific accounting issues highly desirable.

Technical Competence :

Financial leadership experience, including development for the continuous evaluation of short and long-term strategic financial objectives and operating procedures and managing with Integrity to drive business performance.

Experience in working with board of director level executives, deep understanding and experience in Strategy development process, Corporate Governance as well as sound business planning skills.

Ability to provide hands‑on functional management for all strategic and day‑to‑day operational activities related to accounting and finance, including, but not limited to accounting, finance, budgeting, forecasting, reporting, financial analysis, audit, management of funds and cash flow, pricing, contracts, tax, and direct oversight of audit function.

Experience in the finance and accounting function of the organization.

Experience in pricing negotiations with Vendors on major deals.

Commercial and Risk Management experience.

Experience in business development, and deal making experience will be an added advantage.

Strong understanding of corporate finance and experience in mergers and acquisitions will be an added advantage.

Key Competencies :

Strategic financial organizational strategies Contributing financial and accounting information analysis and recommendations to strategic thinking and direction, establishing functional objectives in line with organizational objectives.

Reshapes organizational capability early to reflect strategy Matches structure, operating model, processes and capability to the commercial needs of the market.

Profit, revenue and cash; dealmaker– ability to understand and drive all P&L levers / resources in a complimentary manner and manage trade-offs Willing to invest short-term on financials for long-term interest.

Invests understanding on what levels Nexio can differentiate itself and corrals the organisation energy to this

Anticipates the impact of external trends to shape positions, investments and business development

Combines business instinct with an analytical, data driven focus

Operational experience– leads strategically but understands the commercial, customer and people detail. Creates space to shape the long‑term whilst maintaining short‑term delivery

Can easily switch from helicopter view to detail

Willing to drive operational intensity by drilling into the detail

Understands business operations in a detailed way

Personal impact & leads with integrity, with emotional intelligence.

Has personal presence, stature & interpersonal skills to engage internal & external stakeholders

Closing date for Applications : 31 October

The base location for this role is Vodacom, Midrand Campus.

The company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process.

As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.

Vodacom is committed to an organisational culture that recognises, appreciates, and values diversity & inclusion.