Group CFO

SUMMARY:
Responsible and accountable for the effective financial leadership of the Group and the effective management of Financial Planning and Analysis, Financial Control, Retirement funds, Banking and Cash flow Management, Tax and CAPEX Management

POSITION INFO:

Responsible and accountable for the effective financial leadership of the
Group and the effective management of Financial Planning and Analysis,
Financial Control, Retirement funds, Banking and Cash flow Management,
Tax and CAPEX Management with due cognisance of the different
stakeholder, relevant legislation under which the Board of Directors and
the Executive Committee can make the necessary resolutions / decisions,
in accordance with accepted principles / procedures and the Delegation of
Authority.

KEY OUTPUT:

Develop and implement relevant financial strategies to support Compay''s
business strategy/objectives

Ensure financial policy formulation, revisions in line with best practice,
legislation and alignment with business needs as well as implementation

Prepare the Group’s Annual Financial Statements at the end of every financial
year / the interim results for the six month period that ends on 30 September
every year, strictly in accordance with the time lines outlined in applicable
legislation

Prepare and submit quarterly reports to the Shareholder within thirty days of the
end of each quarter of the financial year to facilitate effective performance
monitoring, evaluation and corrective action

Ensure that proper control systems exist for assets and that preventative
mechanisms are in place to eliminate theft, losses, wastage and misuses and
that stock levels are at an optimum and economic level

Ensure that effective and appropriate steps are taken to timely collect all
moneys due to the Group

Coordinate the activities of external auditors

Active participation in the strategic direction and vision of the Group and
supporting all initiatives to ensure the achievement of all ambitious targets to
improve the Group’s profitability

Ensure compliance with standards of financial reporting, ethical behaviour and
corporate governance

Exercising a senior executive leadership role beyond the confines of the
Finance Division

Compilation of annual capital plans and associated budgets based on
evaluations of strategic investment/cost/service performance options, that will
achieve the financial, service, technological and human resources objectives of
the Post Office, but with due cognisance of the Boards and the Shareholder
requirements

Ensure compliance to financial and accounting policies, programmes and
systems

Serve on designated Committees, e.g. EXCO, PROCAPEX.

Serves as a non-executive Director on the Boards of subsidiaries

Ensure the Efficient management and reporting of function / resources in
accordance with the stipulations of the PFMA, BCEA, fraud prevention and risk
management principles, legislation, agreements, company policies, practices,
procedures, regulations, Public Entities Act, King Reports on Corporate
Governance, Articles of Association, Tax Act and Companies Act. etc.

Education and Knowledge:

Qualifications: Qualified Chartered Accountant (SA) (NQF Level 8), registered with SAICA
Experience: 10 years in senior strategic management position. Proven track record in running an entity or large division
Knowledge and understanding of: o Understanding of public affairs / public policy
Commercial awareness
Understand the concept of customer satisfaction
Strategy development, deployment, planning and communications
Project management (principles, practices, techniques and tools)
Best practices in Market
Organisational development, management techniques and good business practices
Financial Management
Value Chain Management
Risk and Compliance management
Relevant statutes, rules and regulations

Skills:

Conflict resolution and/or mediation skills
Influencing and Negotiation skills
Financial Management skills, i.e. budgeting, cost benefit analysis and business case development
Advanced verbal and written communication, presentation and selling skills
Conceptualisation and integration skills
Decision making skills
Change management
Analytical Thinking and Research skills
Ability to analyse complex problem situations and design effective remedial solutions
Planning, coordination & implementation skills
Accurate numerical computations, analytical and overall quantitative skills
Developing and delivering business strategy (e.g. Turnaround Strategy

Attributes:

High level of emotional intelligence
Business Acumen
Business Intelligence / Organisational awareness
Adaptability to change
Effective Communication
Learning Agility
Initiative, creativity and Innovation
Critical Thinking
Cross Cultural Awareness and sensitivity
Decision Making
Knowledge Management
Managing and developing others
Relationship Building
Resilience.
Strategic Thinking:
Customer and Client Orientation

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