Job Description


Job Description Job title Chief Financial Officer Department Finance Reporting structures DIRECTLY – 1ST LEVEL Chief Executive Officer

REPORTING – 2ND LEVEL Board of Directors

NUMBER & TYPE OF JOBS REPORTING DIRECTLY (1ST LEVEL) Executive: Legal & Corporate Affairs; Executive: Human Resources; Executive: Information Technology; Group Treasury, Financial Manager; Management Accountant and Subsidiaries

NUMBER & TYPE OF JOBS REPORTING INDIRECTLY (2ND LEVEL) Compliance Officer; Financial Accountant x2; Accounts Payable Supervisor; Financial Controller; Employee Engagement Officer & Multimedia Developer; Training and Organizational Development Officer; HDI & EE Officer; IT Infrastructure Manager; Systems Manager; Senior Business Analyst

Main purpose Provide both operational and programmatic support to the organization. Play a key role in developing the organization’s strategy, analysis and forecasting. Supervises the Finance, Human Resources, IT and Legal business units and is the chief financial spokesperson for the organization. Is responsible for all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding. (Both debt and equity).

Job Description




1. Financial Management  Determine, implement, monitor, review and evaluate budgetary and accounting strategies, policies and plans in consultation with other managers

 Advise business units and assess their financial plans  Provide financial information and interpreting the implications for business performance and funding needs

 Coordinate the development, implementation and monitoring of accounting and business systems and processes

 Direct the preparation of financial reports summarising and forecasting the organisation’s financial position such as income statements, balance sheets and analyses of future earnings and income

 Assess capital finance proposals and the financial status of operational projects

 Advise on investment strategies, sources of funds and the distribution of earnings

 Deliver long range profit forecasts, budgeting and financial reports

 Ensure the organisation complies with statutory legislation and corporate governance frameworks

 Driving of cost savings – ensuring optimal financial efficiency

 Preparation of pricing models 2. Leadership  Together with the CEO, formulate and ensure the understanding and alignment of the entire Finance division to the Company’s Vision, Mission and value statement

 Provide financial advice, leadership and direction to the organisation

Job Description


3. Strategic financial planning and resource management

 Assist the CEO to develop and implement the financial policy, objectives and strategies

 Ensure that CAPEX and OPEX budgets are set, communicated and monitored

 Ensure that Income statements, balance sheets, cash flow projections, Age Analyses, CRM and other agreed financial reports are provided to stakeholders by agreed due date

 Prepare Annual Financial Statements (IFRS) 4. Corporate Governance  Attend board meetings  Advise on the formulation of policies and procedures in line with the relevant legislation and ensure implementation thereof

5. Risk Management, Audit & Compliance  Oversee and maintain financial and other internal control systems to manage financial risk  Ensure compliance with all statutory and legal requirements and regulations  Proactively manage the external audit activities and ensure timely awareness and compliance by the Organization on new regulations in its operating practices

6. Long-Term Planning  Implement monthly strategy plan in conjunction with the CEO, COO, CIO, CTO, CSO  Facilitate long-term planning for Support and Overheads Business Unit  Oversee quarterly planning with relevant managers

7. Reporting to Exco, Board and Shareholders 

Receive reports and approve to Board of Directors

Report to Exco

Attend budget (revenue) meetings regarding actual vs. budget, with the view of managing the budget.

8. Corporate Finance 

Lead the Merger and Acquisition activities, including Due Diligence of the target Company

Raise of debt or equity funding

Job Description


9. Miscellaneous & General 

Perform any other work related duties and responsibilities that may be assigned from time-totime by management

Competencies and Minimum Requirements: Knowledge, skills, and qualifications 

CA (SA) qualification

15 years accounting experience of which 6 years must be at Executive/Board level.

Knowledge and working experience in the applications of the Generally Recognized Accounting Practices (GRAP) and the Generally Accepted Accounting Principles (GAAP), the Public Financial Management Act (PFMA) and the Treasury Regulations is fundamental

In-depth knowledge and understanding of the PFMA, procurement legislation and other related framework

Corporate finance experience

Merger Acquisition and leading due diligence

Debt fund raising experience and managing complicated debt structures

Listing experience in RSA

Proven leadership and management skills

Track record in the preparation and management of strategic plans and annual performance budgeting

Ability to implement internal systems and controls to ensure sound financial management

Effective leadership skills

Excellent interpersonal skills

Discretion and business ethics

Judgement and decision making skills

Conflict management and negotiation skills

Good presentation skills

Experience of interacting with investor analysts

Personal attributes 

Natural attention to detail and ability to drive performance improvements

Dynamic and strategic thinker with the ability to combine innovative flair with sound business acumen

Analytical thinking

Job Description


Proactive thinking

Quality orientation



Approvals APPROVED




Analyst Job Holder Line Manager HR Manager

Job Description



Job Description

Job Description Job title Chief Financial Officer Department Finance Reporting structures DIRECTLY – 1ST LEVEL Chief Executive Officer REPORTING – 2N...

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