Chief Financial Officer
Isilumko Staffing
Johannesburg, Gauteng, ZA
2d ago

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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