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Chief Financial Officer - Cape Town, South Africa

  • Harare, Zimbabwe

Job Details

Job ID: #9423
Job Location Cape Town, South Africa
Company Type FMCG
Job Role Chief Financial Officer
Joining Date ASAP
Employment Type Full Time
Monthly Salary Negotiable

Preferred Candidate

Career Level Senior Management
Years of Experience 10
Residence Location Cape Town, South Africa
Gender Not Specified
Nationality South African work permits or residency.
Degree Relevant Degree or Diploma

Job Description

20Aug
Cape Town, South Africa
  • Job Status: Closed

Our Client is looking for an experienced Chief Financial Officer to join their team.


Responsibilities:
Capital structures; funding requirements; Investment decisions
Financial function
Risk management function
Administrative function (including but not limited to Company secretarial, Trademarks, Legal support, BBBEE, and Insurance)

This includes the following:
Continuous development of the most effective debt structures suitable for the company and sourcing the most cost-effective debt in the market
Construction of the investment portfolio within a pre-agreed risk framework
The development of a financial and operational strategy and measurement metrics tied to that strategy
Ongoing development and monitoring of internal control systems designed to preserve company assets and to report accurate financial results

Principal accountabilities are:
Planning:
Assist in formulating the company's future direction and supporting tactical initiatives with the Group executive management team
Monitor and direct the implementation of strategic business plans
Develop financial and tax strategies
Manage the capital requests and budgeting processes
Develop and monitor performance measures that support the company's strategic direction

Operations:
Participate in key decisions as a member of the Group executive management team
Maintain in-depth relations with all members of the Group executive management team and middle management
Attend Board- and Sub-committee meetings; including being the lead Group representative on the Finance & Risk Committee
Manage the accounting, legal, tax and treasury functions
Oversee the financial operations of subsidiary companies
Oversee the Group's transaction processing systems
Implement operational best practices
Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters
Continuously develop finance team members to progress in their career
Manage the registrations and continuous maintenance of all company trademarks
Formulate and manage the execution of the BBBEE strategy of the Group
Assist the business development function with possible acquisitions and with the performance of the acquisition due diligence processes
Support all subsidiaries with operational complexities and tactical matters

Financial Information:
Oversee the issuance of financial information (project profitability reports, energy asset performance reports and other management information)
Report financial results to the Board of Directors and executive management team of the Group
Oversee the annual preparation of the audited financial statements according to IFRS

Risk Management:
Understand and mitigate key elements of the Group’s risk profile (including that of all subsidiaries)
Monitor and manage processes on all open legal issues involving the company and legal issues affecting the industry
Construct and monitor reliable internal control systems to mitigate the Group risk profile
Maintain appropriate insurance coverage at Group and subsidiary level
Ensure that the company complies with all legal and regulatory requirements
Ensure that record keeping meets the requirements of auditors and government agencies (Department of Trade & Industry, Department of Labour and SARS)
Report on all risk issues to the Finance & Risk Committee of the Board of Directors
Manage the annual interim and final audit processes and investigate and act on all auditor findings and recommendations
Act as a member of the Credit Committee to evaluate the feasibility of all energy asset investment proposals and risk profiles of clients

Funding:
Monitor and manage banking activities of all group subsidiaries, cash balances, and cash forecasts to ensure adequate allocation of cash to all group subsidiaries (treasury function)
Continuous development of the most effective debt structures suitable for the company and sourcing the most cost-effective debt in the market
Arrangement and negotiation of cost-effective debt funding with financial institutions
Drive equity financing processes and manage equity capital raising activities
Investigate and recommend the most suitable investment products for surplus company funds

Third Parties:
Maintain and build relationships with shareholders, financial institutions, auditors, legal representatives and insurance brokers.


Key Skills
A strong people leader with experience guiding, driving, connecting and inspiring people
High level of integrity and dependability with a strong sense of urgency and results-orientation
Ability to communicate and manage well at all levels of the organization and with staff at remote locations
Highly collaborative (across the business and externally)
Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses
Excellent verbal and written communication skills
Strategic insight and approach to capital structuring, BEE, etc
Business acumen and commercial awareness

  • Job Role: Chief Financial Officer
  • Industry: Accountancy / Finance
  • Salary: Negotiable

Required Skills

10 Years of Experience
Qualifications
Relevant tertiary education and registered as a CA (SA)
10 years’ experience in a senior leadership role in a medium/large corporation
Experience within and understanding of the renewable energy sector or construction industry would be advantageous
Substantial working experience partnering with an executive team and board of directors

Additional Requirements

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