Chief Financial Officer (CFO)/Head of Finance – Jhb

JHB North, Johannesburg – Gauteng

Chief Financial Officer (CFO)/Head of Finance
Johannesburg North
Reports to the CEO Africa and Middle East
Minimum Qualifications:
· Chartered Accountant (CA, SA)
Required Experience:
· Minimum 10 years’ experience in financial accounting and financial management practices of which 5 years should be at an Executive Level
· Solid IFRS and Taxation experience and knowledge
· Strong budgeting, forecasting and Strategy experience
· Insurance and claims management
· Promotion of process improvement and strong internal controls
· Proficiency with Microsoft Suite, SAP and Power BI
Key Accountabilities:
Financial Strategy Development and Implementation
· Support the CEO on strategy formulation and implementation
· Onboarding of new entities acquired by the Group
· Develop financial strategies to enhance the financial performance, financial position and cash flows of the company
· Identifying financial and other resources required to meet the strategic growth requirements of the company
· Support the executive team members with strategic recommendations
· Preparation of Financial models as required by the CEO/Executives to assess the financial feasibility of new business/projects/products
Financial Management
· Develop the annual budget, bi-annual forecasts, and long-term plan, whilst ensuring alignment of  resource allocation
· Provide financial projections, reporting and preparation of growth plans
· Monitor financial performance by measuring and analysing results, initiating corrective actions, and minimising the impact of variances
· Ensure that the  company earns the highest possible risk-adjusted return on assets and return on capital (or return on equity)
· Oversee and monitor effective tax strategies and compliance
· Reporting of financial status by developing forecasts, reporting results, analysing variances, and developing improvements
· Coordinate the preparation of the Company’s separate and consolidated Annual Financial
· Statements
· Oversee the annual external audit and ensure no material misstatements
· Oversee the internal audits in line with the annual plan. Ensure that adequate and effective controls are implemented for all findings raised
· Review and update the financial policies and procedures to improve the internal controls in the department and overall business
· Preparation of quarterly ExCo packs and bi-annual board packs for the required meetings
· Manage the debt and liquidity profile of the company
· Optimise funding by matching long-term debt with long-term assets
· Reduce the cost of funding and maximise interest earned on excess cash
· Manage foreign currency risk exposure by procuring hedging instruments.
· Manage the calculation and payments of bi-annual dividends
· Investment of excess cash to generate returns as required
· Effective management of the working capital and cash flow cycle of the business
· Negotiation of interest rates with the company bankers
· Ensure that adequate banking facilities are in place to align with the growth requirements of the business
Manage Credit Control
· Oversight and management of the debtor’s book
· Ensure adequate credit insurance coverage of the debtor’s book
· Implementation of effective strategies and continuous improvements to ensure that the DSO remains below 45 days
· Maximise collections to improve working capital
· Ensure that bad debts are below the threshold of 0.1% of the annual gross billings
· Drive the recovery of legal accounts in conjunction with collectors / attorneys and the credit
· insurer
· Negotiate premiums with the credit insurer and perform an annual exercise of benchmarking premium paid with other insurers
· Review of credit assessments and ensure that at least 99% of the debtors’ book is insured
· Ensure compliance with policy conditions
Legal, Risk, and Compliance
· Responsible for the maintenance of the company’s risk register
· Ensure accurate risk reporting to stakeholders quarterly
· Ensure that all relevant customer and supplier contractual documents are in line with business and legal requirements
· Ensure compliance with laws and regulations
· Ensure POPPI compliance within the business
· Engage with the company attorneys on all litigation matters
· Advise, assist, or lead on legal negotiations, including the reviewing and drafting of all legal
· documentation required
Special Projects and Ad hoc
· To accept additional responsibilities and accountabilities as delegated by the CEO from time
· to time
· Assist with strategic projects as required
Required Competencies:
· Strategic thinking
· Strong Leadership
· Business acumen
· Problem-solving and decision-making
· Interpersonal skills
· Excellent verbal and written communication skills
· Change management
· Planning and organising
· Risk management
· Ability to handle pressure
· Attention to detail
Ideal Attributes:
Customer service orientation – able to handle a demanding and pressurised customer
Excellent problem solving and decision-making skills
Dynamic self-starter that works independently and has the ability to handle pressure
Ability to communicate within the team and contribute to the overall success of the team
Adaptable and Agile as this is a constantly changing environment
Please Note: Should you not receive feedback within 3 months, please consider your application unsuccessful.