Job Description
Overview
Join a Dynamic Team as Group Head of Finance (CFO)
Are you a seasoned financial leader ready to spearhead the financial strategy of a diverse and vibrant Corporate Group? Our East African business Group, with a strong footprint in various industries including Sugarcane Agriculture, Sugar Production mills and factories, Steel Manufacturing, Security Services, and Hospitality, is seeking a proficient Group Head of Finance to lead our financial operations across multiple subsidiaries.
About The Company:
My Client is a leading Corporate Group with a legacy of excellence spanning decades. Their diversified portfolio encompasses key sectors driving economic growth in East Africa. From fostering sustainable agriculture to delivering quality hospitality experiences, they are committed to innovation, growth, and community development.
Role Overview:
As the Group Head of Finance, you will oversee and direct the financial strategy, planning, and operations of a diverse set of companies. Your responsibilities will include financial forecasting, risk management, budgeting, financial reporting, and ensuring compliance across all subsidiaries. Collaborating closely with senior leadership, you will play a pivotal role in shaping the financial future of our conglomerate.
Key Responsibilities:
- Develop and implement financial strategies aligned with business objectives
- Lead and mentor a high-performing finance team across multiple subsidiaries
- Conduct financial analysis and provide insights to support strategic decision-making
- Oversee budgeting, forecasting, and financial planning processes
- Ensure regulatory compliance and adherence to accounting standards
- Drive operational efficiencies and cost optimization initiatives
- Manage relationships with stakeholders, banks, and external auditors
Qualifications and Requirements:
- Financial Degree coupled with a CA qualification
- Proven experience in overseeing finances within a group of companies
- Strong leadership skills with a track record of leading and developing finance teams
- Excellent analytical and strategic thinking abilities
- Proficiency in financial management systems and tools
- Solid understanding of industry-specific financial dynamics
- Aged between 45 to 50 years
Why Join Us:
- Opportunity to lead and shape the financial future of a prominent conglomerate
- Collaborative and inclusive work environment that values innovation and diversity
- Competitive compensation package commensurate with experience
- Room for professional growth and development within a dynamic organization
Remuneration Structure
Expatriate employees are remunerated in two parts:
External Salary:
- 1st part: Representing the expatriates net Salary is directly paid either in Uganda in US $ Dollars or a nominated offshore account and is tax free. This is negotiable at the time of interview and is fixed for two years. This salary is revised at the end of every two years at the time of contract renewal.
- A highly competitive Salary congruent with international standards will be negotiated with the successful candidate.
Local Living Allowance
- 2nd Part: Local Living Allowance (Based on Salary Banding Level for this position): A local allowance is paid which is taxable in Country. The balance after tax is adequate to meet normal living expenses of the family. Most expatriates can manage their local expenses within the allowance.
Gratuity
- In addition to salary an Annual Gratuity is paid at the rate of one months external salary for each completed year of service. This is payable at the time of leaving the services of the Group
National Social Security Fund
- The company will contribute the full 15% (10% of employer and 5% of employee) of your external salary towards NSSF contributions. This is payable when you finally leave the company employment by NSSF authorities.
Medical
- You will be entitled for self and family Medical Insurance / reimbursement as well as Hospital Cover per company regulations and congruent to your Salary Band this will be detailed to you at time of interview.
Vehicle / Transportation
- You will be provided with a company vehicle or transportation by the company. This will be discussed at interview.
Working Tools Provided by the company
- Computer and all other necessary to carry out your working obligations
- Mobile phone allowance
Accommodation:
- The company provides family accommodation and normally expects employees to be accompanied by their families – unless there are serious constraints such as continuing education of older children or aged parents, spouses employment, etc.
- The accommodation is. provided with hard furniture and basic kitchen equipment, such as a cooking range, refrigerator, etc.
- Water and electricity accounts are covered by the company
- Education facilities are available in East Africa up to O and A level under the British system
Work Permits and Visas
- Successful candidates work permit / visa (for self /family) costs and travel is arranged by the company and the Head Office.
Annual Leave
- 30 days paid leave per year
Air Passages
- Air Passages – are paid for self, spouse and two children (below 18 years of age), to point of origin to run in conjunction with annual leave cycle
- Additional Air Tickets if leave is split up and taken in 2 parts will be borne by the candidate
Application Process:
If you are a visionary financial leader with a passion for driving growth and innovation, and meet the specified qualifications, we invite you to apply. Please submit your resume and a cover letter outlining your relevant experience and how you align with our mission.
Join us in shaping the future of East Africa’s economic landscape!
Note: My Client will welcome applications from All Indian Nationals ( preferably with experience in Africa ) as well as African Nationals.
Note: All applications will be treated with strict confidentiality.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other IT/Computer Jobs in South Africa
In South Africa, the IT and computer industry is a significant contributor to the country’s economy, with a diverse range of job opportunities available across various sectors. Typically, these roles involve working with technology to drive business growth, improve efficiency, and enhance customer experience. Generally, careers in this field require a strong understanding of technical concepts and a willingness to adapt to changing technologies.
When it comes to salary expectations, it’s common for IT and computer professionals in South Africa to earn broad ranges that can vary significantly depending on factors such as experience, company size, and industry sector. Typically, entry-level positions may offer salaries between R400 000 and R600 000 per annum, while more senior roles can command higher figures, often ranging from R800 000 to R2 million or more, depending on the specific requirements of the job.
Common skills for IT and computer professionals in South Africa typically include proficiency in programming languages such as Java, Python, or C++, as well as experience with operating systems like Windows, Linux, or macOS. Data analysis and visualisation tools like Tableau, Power BI, or D3.js are also often required, particularly in roles involving data science or business intelligence. Additionally, IT professionals should be familiar with cloud computing platforms like AWS, Azure, or Google Cloud, as well as cybersecurity principles to protect against threats. Other essential skills may include project management, collaboration tools like Slack or Trello, and a solid understanding of database management systems.
Industries that commonly employ IT and computer professionals in South Africa include the financial services sector, technology industry, manufacturing sector, and public sector organisations. These sectors often require specialists to design, implement, and maintain complex technological systems, ensuring they operate efficiently and securely.
Career development opportunities for IT and computer professionals in South Africa are diverse and varied. Typically, entry-level roles provide a solid foundation for progression into mid-tier positions, where professionals can take on more senior responsibilities and develop their technical expertise. With experience, it’s common to move into leadership roles or transition into related fields like data science, artificial intelligence, or cybersecurity. Many companies also offer opportunities for training, certification, and continuing education to support the ongoing development of their employees’ skills and knowledge.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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