Chief Financial Officer - South Africa
Main Purpose To manage the Clients financial sustainability and health and to manage implementation of compliant financial practices. Strategic Management · Provide required and relevant information, insights and influence to the Clients strategic planning process · Participate in finalizing the strategic plan and vision · Develop the financial strategy to support the overall organisational strategy · Define targets and strategies for team to implement in support of the achievement of the Clients strategic objectives · Develop unit operational plans to facilitate achievement of the organisational strategy Financial Management Manage the effective implementation of the Clients financial strategy and delivery of financial objectives and requirements Present defined financial reporting to senior management and Board Implement financial systems and policies in the organisation to ensure compliance with good practice principles Audit Management Oversee the effective completion of the annual audit Manage the resolution of any identified audit issues Manage presentation of annual financial statements and any other related matters to the Audit Committee Manage implementation of corrective action required to address issues raised in the management letter Budget Management Manage the collection of relevant information required to define the budget Plan the budget process, time frames and activities to complete within the budget delivery deadlines Advise Clients management and staff when formulating their budgets Drive delivery of each phase of the budget process to ensure timely completion Monitor approved budget – costs, cost control and budget discipline Implement and maintain agreed budget monitoring and control processes Analyse budget variations, determine causes and recommend actions to control budget within constraints Report on and address budget variances Risk Management and Compliance Manage financial compliance with all relevant tax, governance, regulatory and statutory requirements Conduct a risk assessment of Clients projects Manage the implementation of risk management strategies in line with the overall risk profile and risk management plan Assist the Board with regard to compliance in terms of the PFMA Supply Chain Management Chair bid adjudication committee Review and approve supply chain policy Manage implementation of supply chain policy Manage compliance of policies with government circulars, guidelines and requirements Manage communication of procurement decisions to service providers Manage archiving and filing of contracts and agreements as per requirement Public Officer Accept legal responsibilities of the position of public officer as required by SARS Represent Client in any matters that require the Public Officers input People Management Select, assign, lead and manage people Set clear objectives for self and others and measure achievements against these objectives through implementation of the performance management system Build and manage relationships with staff members Manage and support staff development Develop and manage the implementation of succession plans for key individuals and critical positions Implement the Clients HR policies and procedures as required Manage risks and address all related issues as they arise Qualifications & Experience Relevant degree or equivalent in Financial Accounting is required CA (SA) qualification or equivalent Minimum of 12 years relevant experience with at least 5 years or more at a senior management level Excellent understanding and experience in working with the PFMA/MFMA/SCM legislation/Public Finance and public entities
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