PURPOSE OF THE ROLE
The Chief Financial Officer is responsible for directing and leading the financial management, reporting, administration, travel and procurement functions in accordance with relevant statutory requirements, regulations and standards;
in order to support the delivery of the department goals as contained in the strategic and business plans.
An Honours degree in the finance field (majoring in Accounting or related field. Master Degree in Commerce / Management or Business Administration will be an added advantage.
CA - SA OR Equivalent
Minimum of 13 years accounting and or auditing experience of which 6 years must be at a senior management level.
Knowledge of Generally recognised Accounting Practices (GRAP), IFRS, PFMA and the Treasury Regulations.
Good understanding of the public sector budget proces
Membership in recognized finance professional structures
The main responsibilities for this exciting position include :
To manage and develop strong relationships with stakeholders in the financial management of the Commission including the Economic Development Department and National Treasury, Audit Committee, the Auditor General and the Internal Audit and the Accounting Authority.
To lead long term financial planning and modelling for the Commission.
To direct the financial strategy of the Commission to ensure availability of adequate financial resources.
To Lead and manage the Finance Division including setting priorities as well as management of human and other resources.
To contribute to effective financial decision making, implementation and reporting to the Accounting Authority and relevant committees.
To prepare financial statements and ensuring compliance with all relevant statutory requirements, regulations and standards.
To manage the budget process while contributing to effective strategic and business planning systems and ensuring timely management reporting.
To oversee all accounts, ledgers, and reporting systems and ensure compliance with appropriate accounting standards, regulatory and audit requirements.
To ensure effective financial and risk management and proactively managing internal control and external audit activities.
To ensure that Supply Chain Management (SCM) within the Competition Commission is in line with relevant legislation and internal policies and procedures.
Over and above well-developed technical skills in your specialisation areas, the incumbent must demonstrate, inter alia
Must demonstrate fit with the deparment''s Values Communication.Ownership.Making a difference.Professionalism.Employee Welfare.Teamwork.Efficiency
Be a visionary leader
A strategic thinker
Have strong Interpersonal skills
Have transformational leadership skills
Change management skills
Other considerations : Practical work exposure to area of expertise will be further considered to balance against other requirements.