Job Description
Our Client in the Engineering Industry is seeking to employ a Chief Financial Officer to their team based in Midrand.
Requirements:
- BCom (Accounting) degree.
- Chartered Accountant (SA), registered with SAICA.
- 3 to 5 years experience in a senior financial role.
- Experience managing finance in a distributed business unit (BU) environment.
- Solid knowledge of IFRS.
- Familiarity with South African tax legislation.
- Experience using, configuring and applying ERP systems and office automation tools (Excel, Google Sheets).
Responsibilities, but not limited to:
- Prepare and review monthly management accounts and annual financial statements in compliance with IFRS.
- Compile the quarterly financial sections of board packs.
- Provide financial control over business units in relation to budgets, overheads, recoveries, cash flow and working capital.
- Ensure processes and procedures are documented, registered, controlled and implemented in accordance with best practices.
- Contribute to organisational business plan development through input from various teams.
- Perform monthly management accounting and variance analysis against approved budgets and forecasts.
- Maintain financial accounting and costing records: general ledger, accounts receivable, inventory ledgers, accounts payable, payroll, expenses.
- Compile annual budgets and forecasts.
- Liaise with internal and external auditors; prepare audit and tax packs and required documentation.
- Prepare for and attend Audit & Risk Committee meetings.
- Continuously assess and improve financial controls and reporting.
- Manage cash flow forecasts, bank reconciliations and treasury operations.
- Oversee fixed asset registers and perform reconciliations.
- Design, coordinate and support internal processes to ensure compliance with business guidelines.
- Manage compliance with the Companies Act and related legislation.
Additionally, performance expectations may include:
- Adhering to talent management framework.
- Meeting customer satisfaction (e.g. NPS) targets.
- Achieving turnover and profit before interest & tax (PBIT) targets as contracted annually.
Please note that should you not receive a response within 2 weeks of applying, you may consider your application unsuccessful.
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