CFO

SUMMARY:

Our client based in Sandton is looking for a CFO to setup the finance function within the bank as per the established reporting structure 

POSITION INFO:

Job Specification

·         CA (SA) with at least 5 years post articles experience within financial services

·         Must be working as CFO/Dy CFO in a Bank in South Africa

·         Must have minimum 5 years’ experience in a Finance function within a Bank

·         Must possess managerial experience in mid-level management position

·         Must be well versed with IFRS 9 standards within a bank

·         Must have sufficient knowledge in regulatory reporting

·         Must have sufficient knowledge of the regulatory framework within which a bank operates, including but not limited to accounting methodologies, prudential ratios, & tax related matters 

·         Additional preference will be given to candidates with some risk management experience within the banking environment

Responsibilities

·         Compiling all financial reports in consultation with the department/divisional heads

·         Oversight of all the taxation matters such as VAT, Income Tax, Payroll taxes etc. at the bank

·         Responsible for ensuring integrity, accuracy and completeness of financial data

·         Overseeing the entire Bank’s fiscal operating results in compliance with all accounting principles (including regulatory agencies, government policies and local laws) for ensuring & safeguarding the Bank’s interests in consultation with other department heads

·         Reviewing of all major MIS returns prepared by various department heads as well as presenting it to the Banks management in consultation with the Country Head & CEO

·         Preparing for and ensuring completion of Annual financial statements and related returns in consultation with department heads and statutory auditors.

·         Oversee the preparation and submission of quarterly financial reports and returns to be submitted to the head Office

·         Responsible for liaising with the external / Internal auditors regarding financial statements & reporting

·         Oversight on the implementation of the IFRS reporting standards within theBank

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