Chief Financial Officer - Financial Industry

SUMMARY:
A leader in the financial industry is seeking to employ a hands-on Chief Financial Officer to join their team in the Northern Suburbs. My client is looking for someone who can manage existing business as well as generate new business through strategic, open-minded thinking, minimizing risk. Apart from assisting with the generation of new business in different profit centers of the group, the individual must be organised, have great leadership and communication skills with a natural ability to identify associated risks with certain expansion options.

POSITION INFO:

Responsibilities:

• Business development - identify and drive new market opportunities, develop new strategies to grow revenue and profits in the business.
• Continuously analyse and improve the company’s consumer lending policies as well as identifying and minimising risk.
• Corporate client meetings with the Managing Director.
• Overseeing and managing the company’s loyalty rewards program for its corporate clients.
• Drafting monthly newsletter to corporate clients.
• On-board new consumer finance merchants (corporate clients)
• Corporate Client Liaison – Structuring of finance agreements, Negotiations.
•  Credit and Risk management (Regulatory & Compliance)
•  Assessment of new credit applications as well as the re-assessment of declined applications.
•  Project Management (Previous experience desirable)
•  Budgeting and Forecasting.
•  Product costing: Calculate total production, selling, distribution and admin costs.
• Calculate fixed and variable costs for projects and make suggestions on the best strategies to implement.
• Activity Based Costing.
• Perform break-even analysis and calculate selling prices by applying the correct mark-ups or margins.
• Profit and Loss Analysis.
• Familiar with the concept of cost-volume profit.
• Weekly and Monthly divisional reporting.
• Assist with expansion of business units into other African countries.
• Management of existing product distributors for one of the group companies.
• Inventory Management.
• Fixed asset management.
• Resolving queries with internal and external stakeholders.
• Needs to have an aggressive flair and approach towards research in taxation laws, in order to reduce tax and maximise profits in a group of companies.

• At least 5 years’ experience in a senior management role.
• Confident & Pro-active leadership approach.
• Bcom or equivalent.
• Innovative and ambitious with a can-do attitude.
• Proven experience in a business development & office management role.
• Expert level in excel reporting and analysing data.
• Good presentation skills.
• Good communication and relationship building skills.
• Good knowledge of the National Credit Act (NCA) and its application to unsecured lending.
• Previous experience building scorecards advantageous. 
• Basic knowledge of the Insurance Act, with specific reference to the Long-Term Insurance Act of 1998, Insurance Act of 2017, and the Financial Sector Regulation Act of 2017, would be advantageous.
• Good understanding of the consumer credit or unsecured lending industry. Previous experience in dealing with loan management systems would be advantageous.
• Good knowledge of consumer lending policies and practices in some African countries (advantageous)
• Ability to lead a team.

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