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Kempton Park

    Chief Financial Officer - Kempton Park, South Africa - Quality Connect Staffing

    Quality Connect Staffing
    Quality Connect Staffing Kempton Park, South Africa

    Found in: Job Placements ZA C2 - 5 days ago

    Default job background
    Description
    Duties & Responsibilities

    MAIN PURPOSE OF THE JOB

    • A skilled and experienced Chief Financial Officer who is responsible for all aspects of financial management,
    • Ensuring compliance with internal policies and procedures and builds the capacity of the company finance
    • Team by overseeing the day-to-day work of the finance department and is responsible for the effective use and
    • Deployment of staff and financial resources. Responsible and able to prepare, compute, manage, research and
    • Analyse all accounting data, in order to provide quantitative information on performance, financial position,
    • Solvency, liquidity and cash flows of our businesses, hereby undertaking all aspects of the financial
    • Management, including corporate accounting, regulatory and financial reporting, budget and forecasts
    • Preparation, as well as development of internal control policies and procedures for all the companies in the
    • Group. Alternative duties, assignments and projects may be given to the employee and the job profile
    • May be amended from time to time as may be required by the company.


    DUTIES & RESPONSIBILITIES:

    Management

    Manage all accounting operations from transactional level to reporting based on accounting principles

    Ensure that the monthly management accounts are prepared and analysed within deadlines

    Develop periodic reports for management according to reports set

    Coordinate the preparation of regulatory reporting and submissions

    Support and conduct month-end and year-end close process

    Collect, analyse and summarize account information

    Ensure quality control over financial transactions and financial reporting

    Manage and comply with local, regulatory, and government reporting requirements and tax filings

    Develop and document business processes and accounting policies to maintain and strengthen internal

    controls

    Manage and coordinate accounting staff and assess their performance

    Ensure appropriate external audit arrangements are in place and ready for audit as well as manage the

    audit process

    Run the Financial Year end Audit and liaise with the Auditors

    Ensure that all balance sheet reconciliations are produced on an accurate and timely basis to include bank

    reconciliations, debtors, creditors and inter-company account

    Funds Management

    Forecast and manage cash flow positions, related borrowing needs

    Ensure that sufficient funds are available to meet ongoing operational requirements

    Negotiate and obtain finance from banks and financial institutions, including facilities and funding

    Maintain banking and financial institutions relationships

    Risk Management

    Identify and assess financial risks and opportunities, and develop strategies to mitigate risks while

    maximising returns

    Establish and monitor internal controls to safeguard company assets and ensure compliance with laws and regulations

    Budgeting

    Coordinate, direct and complete the preparation of the budget and financial forecasts

    Report to management on variances from the established budget, and the reasons for those variances

    Assist management in the formulation of its overall strategic direction

    Financial Analysis

    Engage in ongoing cost reduction analyses in all areas of the company

    Interpret and analyse the company's financial results to management and recommend improvement

    activities

    Review company bottlenecks and problem areas with recommendations of changes to improve the overall

    level of company throughput

    Compile key business metrics and report on them to management

    Create additional analyses and reports as requested by management

    Oversee the extension of credit to customers

    Recommend changes to the corporate credit policy

    Desired Experience & Qualification

    REQUIRED MINIMUM QUALIFICATION and WORK EXPERIENCE:

    Matric/Grade 12

    Bachelors Degree in Finance, Accounting, Business Administration or related fields, MBA preferred

    SA citizenship or SA permanent residency essential

    Proven experience as a CFO or in a senior financial role, preferably in the same industry

    Sound knowledge of financial regulations, compliance requirements and accounting principles

    Strong financial acumen and analytical skills, with the ability to interpret complex financial data and trends

    Proficiency in accounting software and Microsoft packages

    TECHNICAL COMPETENCE & RESPONSIBILITIES:

    Demonstrated alignment with company values and purpose

    Excellent leadership and communication (English) skills, with the ability to influence and collaborate on all

    levels of the organisation

    Strategic thinker with a track record of driving financial results and implementing innovative solutions

    Strong communication skills and proficiency in English

    Advanced troubleshooting and multi-tasking skills

    Customer service orientation

    High degree of accuracy and attention to detail

    Deadline driven

    Creative problem-solving and results-driven mindset

    Able to formulate plans and action them

    BEHAVIORAL COMPETENCE:

    Excellent oral and written communication skills

    Persuasion Skills / Abilities Persuading others to change their behaviour

    Critical thinking Using logic and reasoning to identify the strengths and weaknesses of alternative

    solutions, conclusions or approaches to problems

    Active listening Giving full attention to what other people are saying, taking the time to understand the

    points being made

    Judgment and decision making Considering the relative costs and benefits of potential actions to choose

    the most appropriate one

    Negotiation and conflict management skills Bringing others together and trying to reconcile differences

    Fluency of ideas The ability to come up with a number of ideas about a topic

    Problem solving The process of working through details of a problem to reach a solution

    Experience of working at a senior level, with good communication skills at both external parties and

    business audiences

    Experience of working in an FMCG environment and liaising with all levels of employees and stakeholders

    Good communication skills with both external parties and business audiences

    Employee management and departmental performance management skills

    Package & Remuneration

    Market Related

    Provident

    Medical Aid

    Annual Incentives

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