Chief Financial Officer

Recruiter:

Ann Swann Personnel

Job Ref:

JHB001203/CL

Date posted:

Sunday, March 6, 2022

Location:

Johannesburg, South Africa

JOB SUMMARY:
A top position within this international organisation requires an exceptional financial manager. At least 7 to 10 years experience with ideally a CPA designation and a Masters in Accounting, Finance or Business are recommended.

JOB DESCRIPTION:

Requirements:

CPA designation preferred
Minimum of 7 to 10 years’ experience in a senior role
Master’s degree in accounting, Finance or Business
Up to date knowledge of current financial and accounting computer applications
Excellent Financial & Budget skills
Underground Mining knowledge
Excellent analytical and interpersonal skills
Excellent verbal and written skills in English
Responsible for meeting deadlines
Conflict management skills
Time management skills

Duties and Responsibilities:

To manage, organise and contribute to the profitable operation of the company by ensuring that financial accounting systems and internal controls are properly developed and maintained
To ensure that financial information, advice and directions are available for management and that the requirements for both Branches and Head Office are met
May be required to undertake specific assignments because of having expert knowledge and/or experience in a specific field
Monthly Financial Reports:
Preparation of monthly Executive Committee and Head Office reporting packs
Analyse and interpret the monthly revenue figures when released to provide relevant information to the CEO
Review monthly spreadsheets to ensure proper investigations take place before ledger close to run final reports.
Review findings of these investigations
Review and approve the monthly financial package, checking for accuracy and completeness, follow up any unusual matters with staff or manager concerned
Analyze and interpret the financial package to provide relevant information to the CEO

Review Forecasts and Budgets:

Review forecasts and budgets prepared by Business Unit Managers and departments and consolidate them
Prepare forecasts and budgets
Prepare guidelines and deadlines for budget process, monitor and review progress helping out where necessary
Provide all necessary back up information to support budgets, as well as all additional information required by branches
Provide financial information for budget narrative
Assist Chief Executive Officer in budget presentation Financial Year End
Prepare the annual financial statements and supporting schedules for review by the auditors
Ensure compliance with all statutory and group reporting
requirements
Liaise with auditors and handle any matters of principle raised by them

Tax Matters

Review the annual tax returns for the company, including all the required schedules, ensuring exposure to taxation is limited

IT Matters

Review utilization of the IT Systems and assist in developing systems which optimize usage
Set up reports in other systems e.g., Excel and recommend any changes, upgrades, etc., including the development of new systems to better manage the business

Staff Supervision

Manage the Key Performance Indicators of staff ensuring that the required duties are properly and effectively performed
Cash Flow Management
Management of accounts receivable book
Monitor that cash funds are properly managed
Ensure that capital expenditure is funded in the most effective and cost-efficient manner
Optimize the cash flow of transfers to the group in order to meet financial commitments

Ad Hoc Projects

Assist the Chief Executive Officer with any ad hoc projects
Identifying, assessing, and mitigating business risks to ensure business continuity
Assist with strategic BEE compliance
Strategic financial planning and structuring of the business
Scenario driven financial modelling
Legal review of all contracts
Implementation of a bolt-on reporting and analysis software to the current ERP system

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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