Chief Financial Officer-24 Months Fixed Term Contract

SUMMARY:
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POSITION INFO:

Participate in the development of strategic plans.

• Contribute input into the overall conceptualisation and development of the strategic plan and supporting annual performance plan

Develop, implement, and manage the risk management process.

• Support in the development, implementation, and monitoring of the risk management process and plan that supports the strategy.

Planning and Organising

• Oversee the preparation of monthly, quarterly, and annual financial and Supply Chain Management reports (on content, financial and staffing, etc.).

Performance monitoring

• Quarterly evaluation of the implementation of the strategy benchmarked against the approved budget.
• Manage the performance of the budget and ensure that the business plan targets are fully consistent with business strategy.
• Monthly and quarterly management accounting (analysis of financials with a view to informing management decisions).
• Effective, efficient, and economic use of resources that supports the budgeting processes.

Overseeing the budgeting process that supports the overall strategy.

• Develop and consolidate the 3 year and annual budgets that support the overall Strategic Plan and business plan.

Compliance and governance

• Ensure adherence to PFMA, Treasury Regulations, Trust Deed, King 4, and protocol for governance in the public sector.
• Performance management of relevant supplier relations and the specs for supplier relations management and contributing to the SLAs.
• Ensure structured and regular engagement with the Executive Authority counterpart.
• Support team members by providing capacity and information when needed.
• Ensure that the internal control system is in place: to prevent unauthorised, irregular, fruitless, and irregular expenditure.
• Develop and/or improve on accounting and operational policies and procedures, with a view to complying with Public Financial Management Act (PFMA), General accepted accounting principles, Auditor General’s circulars-11.
• Ensure asset management is in compliance with Treasury regulations (GRAP, GAAP).

Financial and Supply Chain Management

• Ensuring sound and controlled financial management systems.
• Revenue, assets, and liability management; Expenditure Management; Investment Management; Cash and banking management.
• Overseeing, monitoring, and reporting on the implementation of a Supply Chain that is fair, equitable and transparent, and cost-effective system.
• Ensuring an effective and adequate Supply Chain Management system.
• Demand management, Acquisition Management, Logistics Management.
• Contract Management and SCM performance reporting.

Reporting

• Ensure timely, accurate, and complete reports as follows:
• Monthly management reports.
• Quarterly management reports.
• NT quarterly templates.
• NT annual templates.
• MTEF and ENE chapters.
• Unaudited AFS.
• Audited AFS.

Staff management and development

• Delegate work assignments and tasks to appropriate individuals, providing sufficient direction so desired business outcomes can be achieved.
• Provide direct reports with leadership, direction, and coaching to achieve work objectives and improve performance and skills.
• Performance Management – ensure that team members achieve their Performance Objectives as per individual agreements.
• Staff development, motivation, and training.
• Recruit respective staff and select.
• Ensure that the internal control system is in place: to prevent unauthorised, irregular, fruitless, and irregular expenditure.
• Effective, efficient, and economic use of resources that supports the budgeting processes.

MINIMUM REQUIREMENTS:

• Post BCom in Accounting or equivalent (minimum).
• CA (SA) Honours in Accounting or financial management (Preferred)
• 10 years’ experience at the CFO level within the public and private sector
• Knowledge of financial and management accounting and tax
• Knowledge of Supply Chain Management framework
• Knowledge of PFMA, IFRS, Treasury Regulations, GRAP, GAAP, Income Tax Act, and other statutory requirements.

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