| Date | 2024-06-20 |
|---|---|
| Job Title | Chief Financial Officer |
| Employer | More Information |
| Salary | |
| Category | Accounting Finance |
| Location |
Buffalo City / East London |
Job Summary
Job Description: To provide strategic leadership and management in respect of accounting, financial, and procurement policies, systems, procedures and activities of the organisation. The role reports to the CEO and has 5 direct reports. Education / and or Experience: Minimum three-year tertiary qualification with a post graduate qualification in Accounting or Finance. A minimum of 10 (ten) years relevant experience of which 5 (five) years relevant experience at senior/executive management level in the management of Finance. Sound knowledge and understanding of the Public Finance Management Act (PFMA), related legislation and applicable laws.
Responsibilities:
Accountabilities Planning involved in this position: While performing the duties of this job, the employee is involved in policy development and strategic planning processes Deadlines that need to be adhered to: Submit monthly, quarterly and annual reports for the various organisations e.g. Board, MANCO, Treasury and the Auditor General. Financial Management Ensure the development of the budget for the organisation and its presentation to the Finance and Investment Sub-Committee of the Board. Provide direction towards the management of organisation’s financial and accounting systems. Ensure the creation, production and distribution of all the organisation’s Financial and Accounting Reports to the appropriate authorities and committees in accordance with all statutory, legal and compliance requirements. Ensure that all the financial controls required according to legislative and professional best practices are established, implemented and monitored. Ensure the full financial and accounting compliance of finance related polices, as well as all organisation’s policies, practices and systems. Identify, manage and monitor all financial risks to which the organisation may become party to or be exposed through the pursuit of the organisation’s mandate. Ensure that the internal control function fulfils its function in relation to identifying and ensuring that sufficient internal controls exist and are maintained within the organisation. Monitor the entities cash flow, revenue and expenditure to ensure it is optimised in order to avoid under or over spending of organisation’s budget. KPI Budget and expenditure plans Effective financial management Compliance to policy, statutory and legal requirements Supply Chain Oversee the supply chain processes, procedures and ensure compliance to PFMA and Treasury regulations. Advise CEO on procurement. Chair the BAC (Bid Adjudication Committee). Ensure GRAP compliance asset register. Ensure the optimal use of resources, including sound fleet management principles KPIs Compliance to PFMA, Treasury regulations etc. Record of meetings Stakeholder Management Ensure sound inter-governmental relations by liaising and reporting on the financial affairs to organisation’s Board through the CEO. Ensure sound corporate governance by implementing and strengthening the financial control environment. Ensure the outcomes of the audit report reflects sound governance and financial management. KPIs: Effective stakeholder management Organisation accurately represented Regular participation Sound corporate governance and financial management People Management Ensure effective and efficient organisation structure is in place to achieve organisation objectives. Ensure Finance Department’s organisation structure is appropriately resourced. Ensure performance management of staff in accordance to organisation policies and procedures. Oversee the implementation of skills and training initiatives in accordance with the skills development plan for the Finance Department. Ensure employee relations are managed in accordance with organisation polices and regulations. Ensure compliance to occupational health and safety standards and regulation for staff and visitors. KPIs Effective and appropriate infrastructure and resources Performance against budget Staff management Inspired and motivated staff Compliance with relevant policies and procedures Competencies Planning Organising and prioritising Initiative Detail focused
Chief Financial Officer position available in Buffalo City, East London. This job position was posted by . The job has been posted on 2024-06-20 in the Accounting Finance category
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