Group Chief Financial Officer

Headhunters; Johannesburg; On-site; ZAR 600 000 - 750 000; Full time

Job summary

A recruitment agency is seeking a Group Chief Financial Officer to join a leading firm in Engineering, Telecommunications, and Renewable Energy sectors in Johannesburg. The role involves ensuring financial compliance, managing budgets, and improving financial controls, along with significant experience in senior financial roles and proficiency in IFRS and ERP systems. Candidates should be Chartered Accountants with a BCom in Accounting.

Qualifications

• 3 to 5 years’ experience in a senior financial role.
• Experience managing finance in a distributed business unit environment.
• Solid knowledge of IFRS.
• Familiarity with South African tax legislation.

Responsibilities

• Prepare and review monthly management accounts and annual financial statements in compliance with IFRS.
• Provide financial control over business units in relation to budgets and cash flow.
• Maintain financial accounting and costing records.
• Liaise with internal and external auditors.

Skills

Financial management

Budgeting

Financial reporting

IFRS knowledge

ERP systems

Tax legislation familiarity

Education

BCom (Accounting) degree

Chartered Accountant (SA), registered with SAICA

Tools

Excel

Google Sheets

Job description

Our Client, a leader in the Engineering / Manufacturing, Telecommunications, and Renewable Energy Sectors, is seeking to employ a Group Chief Financial Officer, to their Head Office team based in Sandton, Johannesburg.

Remuneration structure commensurate with the seniority of the role.

Requirements

• BCom (Accounting) degree.
• Chartered Accountant (SA), registered with SAICA.
• 3 to 5 years’ experience in a senior financial role.
• Experience managing finance in a distributed business unit (BU) environment.
• Solid knowledge of IFRS.
• Familiarity with South African tax legislation.
• Experience using, configuring and applying ERP systems and office automation tools (Excel, Google Sheets).

Responsibilities, but not limited to

• Prepare and review monthly management accounts and annual financial statements in compliance with IFRS.
• Compile the quarterly financial sections of board packs.
• Provide financial control over business units in relation to budgets, overheads, recoveries, cash flow and working capital.
• Ensure processes and procedures are documented, registered, controlled and implemented in accordance with best practices.
• Contribute to organisational business plan development through input from various teams.
• Perform monthly management accounting and variance analysis against approved budgets and forecasts.
• Maintain financial accounting and costing records : general ledger, accounts receivable, inventory ledgers, accounts payable, payroll, expenses.
• Compile annual budgets and forecasts.
• Liaise with internal and external auditors; prepare audit and tax packs and required documentation.
• Prepare for and attend Audit & Risk Committee meetings.
• Continuously assess and improve financial controls and reporting.
• Manage cash flow forecasts, bank reconciliations and treasury operations.
• Oversee fixed asset registers and perform reconciliations.
• Design, coordinate and support internal processes to ensure compliance with business guidelines.
• Manage compliance with the Companies Act and related legislation.

Additionally, performance expectations may include

• Adhering to talent management framework.
• Meeting customer satisfaction (e.g. NPS) targets.
• Achieving turnover and profit before interest & tax (PBIT) targets as contracted annually.

Please note that should you not receive a response within 2 weeks of applying, you may consider your application unsuccessful.