Group Chief Financial Officer

Media24; Cape Town; On-site; ZAR 600 000 - 750 000; Full time

Job summary

A leading South African media company is seeking a Chief Financial Officer to drive financial strategy during a digital transformation. The role requires a CA(SA) with an MBA, possessing minimum 10-15 years of financial leadership experience, preferably in media or technology sectors. Key responsibilities include financial planning, budget management, stakeholder relations, and compliance. The CFO will play a crucial role in optimising financial performance and ensuring robust governance. Competitive package and significant growth opportunity in the evolving media landscape.

Benefits

Attractive remuneration with performance-based incentives

Access to Naspers group resources

Collaborative culture

Qualifications

• Minimum 10-15 years of progressive financial leadership experience.
• Prior experience as CFO or Finance Director.
• Strong background in media, technology, or digital transformation industries preferred.

Responsibilities

• Lead comprehensive financial planning, analysis, and reporting across all business units.
• Drive the financial strategy supporting our digital-first transformation.
• Ensure compliance with all regulatory requirements and corporate governance standards.

Skills

Analytical thinking

Strategic thinking

Stakeholder management

Excellent communication skills

Financial modelling

Data analysis

Leadership

Education

CA(SA) or equivalent professional accounting qualification

MBA or relevant advanced degree

Job description

Media24, a leading South African media powerhouse and proud member of the Naspers family, is pioneering the future of digital journalism and content delivery. As we navigate our strategic transformation from a traditional print-focused business to a digital-first media company, we're seeking an exceptional Chief Financial Officer to drive our financial strategy and operational excellence. With flagship digital brands News24 and Netwerk24 at the forefront of our portfolio, as well as leading video and book publishing operations, Media24 is committed to delivering quality journalism while building a sustainable, profitable business model for the digital age.

The Role

As Chief Financial Officer, you will be instrumental in shaping Media24's financial future during this exciting period of digital transformation. You'll partner with our executive team to drive strategic decision-making, optimise financial performance, and ensure robust financial governance across all operations.

Key Responsibilities

• Lead comprehensive financial planning, analysis, and reporting across all business units
• Drive the financial strategy supporting our digital-first transformation
• Oversee budget management, forecasting, and performance analysis
• Manage relationships with the shareholder, banks, auditors, and financial stakeholders
• Ensure compliance with all regulatory requirements and corporate governance standards
• Lead financial due diligence for strategic initiatives, acquisitions, and divestments
• Optimise capital allocation and cash flow management
• Provide strategic financial insights to support business development and growth initiatives
• Champion cost optimisation while maintaining investment in core digital capabilities
• Manage and minimise the company’s financial risk exposure by developing and maintaining systems of internal controls, and ensuring that the internal audit and risk management functions are operating effectively
• Lead and develop a high-performing finance team

What You Bring

Essential Qualifications

• CA(SA) or equivalent professional accounting qualification
• MBA or relevant advanced degree preferred
• Minimum 10-15 years of progressive financial leadership experience
• Prior experience as CFO or Finance Director
• Strong background in media, technology, or digital transformation industries preferred
• Proven track record in strategic financial planning and business restructuring

Key Competencies

• Exceptional analytical and strategic thinking capabilities
• Deep understanding of digital business models and revenue streams
• Experience managing financial operations during organisational transformation
• Strong corporate governance and regulatory compliance expertise
• Excellent stakeholder management and communication skills
• Advanced financial modelling and data analysis capabilities
• Leadership experience with cross-functional teams

Why Join Media24?

• Strategic impact: Play a pivotal role in one of South Africa's most significant media transformations
• Innovation focus: Lead financial strategy for cutting-edge digital media initiatives
• Growth opportunity: Shape the future of Media24 during an exciting period of change
• Industry leadership: Join a respected brand with a legacy of journalistic excellence
• Competitive package: Attractive remuneration with performance-based short- and long-term incentives
• Professional development: Access to Naspers group resources and global best practices
• Collaborative culture: Work alongside passionate professionals committed to quality journalism

Given the employment equity policy of Media24, preference will be given to suitable candidates from the designated groups. We strive to be inclusive and represent all designated groups fairly. Applicants with different abilities are encouraged to apply. Reasonable accommodation will be provided.