CFO – Chief Financial Officer

Job Description:

• Strategic and Operational Financial Management
• Develop, implement, and maintain financial policies, procedures, and standard operating guidelines.
• Provide strategic direction in financial management and support the organization’s strategic planning processes.
• Analyze financial performance and make recommendations for improving efficiency and effectiveness.
• Compile and present monthly management reports, including financial board packs, to the CEO and board.
• Ensure full compliance with all relevant legislation, policies, and financial guidelines.
• Financial Policies and Control
• Develop and review finance policies for CEO input and board approval.
• Manage the execution of financial policies across the organization.
• Administer bank accounts and oversee the budgeting process, including execution and control of the budget.
• Oversee the preparation of financial statements and ensure their accuracy.
• Advise department heads on budgeting, financial analysis, reporting, and cash management, per CEO delegation.
• Ensure timely settlement of contractual obligations and payments.
• Authorize expenditure within delegated authority levels and ensure compliance with financial limits.
• Financial Reporting
• Lead and manage the organization’s financial reporting framework.
• Prepare quarterly and annual financial statements for submission to the CEO and board in compliance with financial norms and standards.
• Oversee the distribution of monthly management reports to all relevant business units.
• Ensure accurate and timely accounting and financial reporting, including budget forecasts and variance analysis.
• Monitor budget performance and inform the CEO of any unauthorized expenditure or variances.
• Payroll Management
• Lead and supervise payroll operations, ensuring compliance with statutory regulations.
• Review and approve payroll-related statutory returns and financial deductions.
• Ensure accurate implementation of payroll acts and regulations.
• Monitor high-level payroll controls, including the reconciliation of the general ledger and payroll exception reports.
• Banking and Cash Management
• Oversee the establishment of banking systems, procedures, and processes to ensure effective cash management.
• Manage the preparation of cash flow forecasts and determine cash resource requirements.
• Ensure timely bank reconciliations and clearance of outstanding items.
• Provide regular reports on cash management performance and ensure adherence to authorized delegation levels.
• Budget Management
• Lead and coordinate the annual budgeting process in alignment with the organization’s strategic goals.
• Provide guidelines for business planning and ensure that the budget process is consistent with the strategic plan.
• Prepare the annual consolidated budget and present it to the board of directors.
• Oversee timely budgeting, monitoring, variance analysis, and financial reporting.
• Procurement
• Develop and review procurement policies for board approval and ensure compliance with procurement regulations.
• Oversee procurement planning and ensure timely specification development and adherence to procurement processes.

• Bachelor’s degree in Accounting, Finance, or a related field (Master’s degree preferred).
• Chartered Accountant (CA) or equivalent professional qualification.
• Minimum of 10 years of progressive experience in financial management, with at least 5 years in a senior leadership role.
• Experience in strategic financial planning, budgeting, and forecasting.
• Strong knowledge of financial regulations, payroll management, and procurement processes.

• Email your comprehensive CV toexceedhr@exceed.co.za.
• If you are already registered, please forward your CV and the relevant reference number to the consultant with whom you are currently registered in order to avoid duplicity on our system.
• We reserve the right to only conduct interviews with candidates of choice.
• Applicants who have not received feedback within 30 days from the closing date must please accept their application as unsuccessful.