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Midrand: Chief Financial Officer posted by Headhunters

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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.
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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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