Chief Financial Officer

Job Description : CFO SOUTHERN AFRICA · Responsible for driving continuous forecasting accuracy; assuring the integrity of financial reporting (internal and external) through control functions; providing analyses and insights on business performance to inform decision-making and strategy; balancing the investment needs and demands of multiple stakeholder groups; and for building a strong talent in the finance function. · Ensure an adequate ERP system is in place to meet the needs of the organisation. · Partner the MD and function heads to formulate Wilmar Africa’s future direction, strategy and supporting tactical initiatives (this includes fostering and cultivating internal and external stakeholder relationships) · Monitor and direct the implementation of strategic business plans and develop finance strategies and KPIs aligned to these plans and ensure the finance team delivers on the KPIs. · Develop financial operating performance measures that support the company’s strategic direction in alignment with group performance reporting requirements. · Ensure accurate and timely preparation of financial reports, monthly and yearly. Preparation and presentation of budgets, forecasts and actuals reports. · Analysis report presentation and ensure it reflects the business activities and results thereof. · Ensure processes are in place to complete Group Reporting Package and other Wilmar Group Reporting requirements on a timely and accurate basis; investigate problem areas and develop action plans to address and remediate these · Manage cash flow and prepare cash flow forecasts, ensure adequate funds are available and efficient management of excess funds. · Drive and facilitate budgeting process with the management team. · Ensure timely identification of variances to budget to be able to drive the correct behaviours to achieve financial objectives. · Develop and implement cost savings initiates. · Review capital spending plans ensure financial models are diligently prepared and AFCE approvals and monthly reporting are accurately performed. · Externally, comply and adhere to all regulatory compliance and legislation to protect and reflect the financial position and reputation of Wilmar. · Take primary responsibility for all local tax and statutory compliance. · Implement and ensure appropriate financial and internal controls in compliance with Wilmar policies and procedures. · Access gaps in the control environment and develop action plans to implement the appropriate controls. · Monitor compliance with controls requirements and hold individuals accountable for compliance. · Any other matters as decided by the Management · CA / CPA (essential) · Master’s degree in Finance or business (preferred) · More than 25 years with 10 years proven professional and leadership experience in a senior finance function supervising a team of staff. · Sound financial reporting skills, including solid experience and exposure to IFRS and auditing standards · Comprehensive risk management and compliance skills, including knowledge of relevant legislation (e.g. · Companies Act and exchange control legislation) · Solid knowledge of local and international taxation practices · ERP system and systems implementation knowledge (SAP knowledge advantageous) · Commodity trading, processing and/or manufacturing experience (preferred)

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