Chief Financial Officer (JB946)

SUMMARY:
Chief Financial Officer (JB946) Northern Suburbs, Cape Town R1.2M per annum + performance bonus

POSITION INFO:

Chief Financial Officer (JB946)
Northern Suburbs, Cape Town 
R1.2M per annum + performance bonus 

This well-established organisation has a diverse portfolio of businesses within their group, they believe in investing in their staff, training with the view of promotion and fostering an environment that is team orientated. 

The current opportunity is within their consumer finance leg of the organisation therefore previous experience in consumer finance or unsecured lending is desirable.  You should be able to manage existing business and generate new business in profit centres of the group with the ability to identify associated risks with expansion options. 

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

Onboard new corporate clients, structure finance agreements and manage negotiations

Credit and Risk management (Regulatory & Compliance)

Assessment of new credit applications as well as the re-assessment of declined applications

Project Management 

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

Knowledge of taxation laws 

Minimum requirements

BCom Degree or equivalent 

Minimum of five years’ experience in a senior management role 

Understanding of the National Credit Act (NCA) and its application to unsecured lending 

Understanding of the Insurance Act (Long Term Insurance and Financial Sector Regulation Act)

Good understanding of the consumer credit or unsecured lending industry 

Proven experience in a business development role 

Excellent management skills with the ability to lead a team 

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