East London: Chief Financial Officer (5 year FTC) posted by Profile Personnel

About the Role

The Chief Financial Officer is a key member of the executive leadership team responsible for overseeing and managing the financial strategy, planning, and operations of the organization. The CFO shall be expected to ensure the Corporation’s financial health while driving profitability, optimizing costs, managing risks, and supporting strategic growth initiatives.

Key Responsibilities

• Develop and implement financial strategies to support the company’s business goals and long-term growth.
• Collaborate with the CEO, EXMA, and other executives to define and execute strategic initiatives.
• Provide financial insights to drive decision-making, improve profitability, and achieve operational efficiency.
• Lead the annual budgeting process, ensuring alignment with business objectives.
• Identify opportunities to optimize financial performance and implement best-in-class financial practices across all companies in our company Group.
• Implementing and overseeing financial systems, protocols, controls, and strategies.

• Lead the budgeting and forecasting process across the group, ensuring clarity, alignment, and precision within a relevant and reasonable time frame.
• Monitor financial performance, conduct variance analysis, and present actionable insights to the leadership team.
• Monitor key financial metrics, including functional/service area costs, gross margins, and profitability by product line.
• Analyse operational cost drivers and identify opportunities for cost reduction.
• Evaluate capital investment projects, ensuring alignment with financial objectives and ROI targets.
• Drive profitability by identifying inefficiencies and areas for improvement across all areas of the corporation.

• Ensure accurate and timely financial reporting in compliance with applicable public sector accounting standards.
• Oversee all accounting functions, including accounts payable, accounts receivable, payroll, and general ledger management.
• Oversee cash flow management across the group, ensuring liquidity and optimal allocation of resources.
• Oversee all tax aspects and financial legislative requirements for the business.
• Provide oversight on working capital requirements and capital allocation strategies to support growth initiatives.
• Lead the preparation of monthly, quarterly, and annual financial statements.
• Managing the day-to-day financial operations of the group and group companies.

• Identify and mitigate financial risks, including currency fluctuations, interest rate risks, and market volatility.
• Determine, implement, optimize and manage strategies and systems to manage significant risk areas within the group so far as they pertain to the optimal operation of the Finance responsibility in the group, including but not limited to Credit risk, Audit risk, Compliance risk, Financial Data Security risk, Business Continuity risk and Liquidity risk.
• Oversee internal and external audits, addressing any findings promptly.
• Establish and maintain a robust internal control framework to safeguard company assets.
• Assuming total responsibility for all challenges and opportunities and requirements that may arise within the business insofar as they relate to the financial administration, compliance and strategy of our company.

• Monitor and control operating costs, including cost of employment, functional area expenses (all business units) and general overheads.
• Work closely with properties, infrastructure and development finance function to optimize operations efficiency.
• Analyse cost variances and implement corrective measures to improve profitability.
• Oversee rental income streams, collaborating with property management functions to ensure timely revenue recognition and realization.
• Work with the Enterprise Finance Unit to facilitate the timely disbursement and collection of loans in alignment with contractual agreements, policies, regulations and best practices.

• Overseeing the entire team in the Finance Department.
• Build and lead a high-performing finance and supply chain team, fostering a culture of accountability and excellence.
• Provide mentorship and professional development opportunities for team members.
• Collaborate cross-functionally with trading services operations and supply chain teams to align financial goals with operational priorities.

• Evaluate potential growth opportunities and partnerships to support business expansion.
• Lead and support due diligence and financial integration or separation for new acquisitions or disposals within the portfolio,
• Drive funding initiatives, including equity financing, debt financing, or partnerships, as required.
• Prepare reports and presentations for investors, ensuring transparency and trust in financial performance and growth.

Requirements

• Strategic Vision: Ability to align financial strategies with overall business goals.
• Analytical Thinking: Strong problem-solving skills with the ability to analyse complex financial data.
• Leadership and Team Building: Effective leader who can inspire and develop high-performing teams.
• Communication Skills: Ability to present financial insights and recommendations to stakeholders clearly.
• Business Acumen: In-depth understanding of property investment and/or loans operations, supply chains, and cost structures.
• Attention to Detail: High level of accuracy and commitment to financial integrity.
• Adaptability: Ability to thrive in a fast-paced, dynamic environment with competing priorities.
• Stakeholder management: CFO will develop and maintain healthy relationships with key stakeholders, including company’s subsidiaries, banks, investors, and other external partners.

Qualifications

NQF level 9 qualification such as masters in business administration or finance OR

Chartered Accountant (SA) or equivalent

A minimum of 10 years of working experience in finance of which 5 years must be in a senior leadership role.

Deep understanding of commercial operations and/or business financial turnaround.

Strong ability to link financial strategies to operational and strategic goals.

Strong interpersonal and presentation skills,