JOB TITLE: Head of Finance
LOCATION: Cape Town
Brief Description:
I am on the hunt for a qualified CA(SA) with experience in financial management, strategy, and operations within the Fintech industry. This isn’t your everyday number-cruncher-type position; we are looking for enthusiasm and creativity in the start-up space, but also a solid background in dealing with banks, treasury and funding. If you feel that you can tick the boxes, and add value to a fast-growing and successful start-up, please apply today!
Job Description:
Strategic Financial Leadership:
- Design and implement the company’s financial strategy to drive growth and strengthen its competitive positioning.
- Deliver financial insights to the executive team and board to inform and guide strategic decision-making.
- Collaborate with various business units to assess the financial impact of new products, markets, and partnerships.
Financial Planning & Analysis (FP&A):
- Lead the budgeting, forecasting, and financial performance monitoring processes.
- Conduct variance analysis, providing actionable insights to enhance profitability and operational efficiency.
- Develop financial models to support decisions on pricing strategies, revenue expansion, and cost reduction.
Operational Accounting & Reporting:
- Oversee the timely and accurate preparation of financial reports, ensuring compliance with IFRS and local accounting standards.
- Manage daily accounting operations, including accounts payable, accounts receivable, and payroll functions.
- Ensure robust financial controls are in place to maintain the integrity of financial reporting.
Taxation & Regulatory Compliance:
- Ensure compliance with tax regulations in both South Africa and the US (parent company).
- Stay updated on changes in tax legislation and implement strategies to optimize the company’s tax position.
- Oversee regulatory reporting to the South African Reserve Bank (SARB) and other relevant authorities.
Treasury & Cash Management:
- Optimize cash flow management, ensuring sufficient liquidity for both operational needs and growth objectives.
- Manage banking relationships and streamline banking operations, including settlements and reconciliations.
- Mitigate financial risks, particularly those related to currency fluctuations and interest rate exposures.
Risk Management & Internal Controls:
- Develop and sustain a strong internal control system to safeguard company assets.
- Identify and manage various financial risks, including operational, credit, and fraud risks.
- Ensure compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations.
Leadership & Team Development:
- Build and lead a high-performing finance team, nurturing a culture of accountability and continuous improvement.
- Offer mentorship and professional development opportunities to finance team members.
Skills & Experience:
- Registered CA(SA)
- A minimum of 8 years post article experience
- A minimum of 4 years of managerial experience
- Experience in Fintech
- Proven track record of leading financial Ops in a regulated environment
- Out of the box strategic thinker
Qualification:
- CA(SA)
- CFA highly beneficial
Contact ALEXANDRA MALONEY on 021 418 1750, quoting the Ref: CTF020209