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Chief Financial Officer 

Job Description : CFO SOUTHERN AFRICA This is a South African based 3rd generation Indian company looking for Indians with regional experience Regional experience in the Horn of Africa is mandatory Must be CA + MBA and come with 25+ years experience As a seasoned and strategic Chief Financial Officer (CFO) the successful incumbent will assume a leadership role in overseeing the financial operations of the organisation. This pivotal position involvesreporting directly to the CEO and entails spearheading financial strategy, safeguarding financial stability, and actively contributing to the realisation of the group's expansion objectives on both domestic and international fronts. The sought-after candidate will bring forth a robust finance background, coupled with a track record of effective leadership and a keen strategic mindset. The CFO will be instrumental in steering the financial direction of the group to achieve sustainable growth and success. Key qualifications of a successful Chief Financial Officer: CA(SA) Qualification mandatory Bachelor’s degree in Finance; MBA qualification preferred 7 years of experience as a CFO or Head of Finance Financial Modelling experience essential. Prior experience with mergers and acquisitions including financial due diligence and deal structuring Thorough comprehension of financial principles, regulations, and reporting mandates Proven experience leading a team, growth initiatives and driving financial performance Key duties for the Chief Financial Officer include but are not limited to: Formulate and execute financial strategies that align with the overarching objectives and expansion plans of the organisation. Spearhead the annual budgeting and forecasting process, offering valuable insights and recommendations to optimise financial performance. Supervise all financial operations, encompassing accounting, budgeting, taxation, and treasury functions. Monitor financial performance against budget and forecasts, pinpointing areas for improvement and implementing necessary corrective actions. Ensure rigorous compliance with regulatory requirements and accounting standards. Evaluate potential acquisition targets and strategic partnerships, conducting thorough financial due diligence and risk analysis. Lead negotiations and structure M&A transactions, ensuring alignment with the organisation's growth strategy. Produce accurate and timely financial reports, including monthly, quarterly, and annual financial statements. Provide insightful analysis of financial results, highlighting key trends, variances, and opportunities for improvement. Present comprehensive financial information to the executive team and board of directors, facilitating informed decision-making. Develop and implement robust risk management processes, identifying and mitigating financial risks to the organisation. Ensure the adequacy of insurance coverage and establish contingency plans to safeguard the organisation's financial interests. Provide strong leadership to the finance team, fostering a culture of accountability, collaboration, and continuous improvement. Mentor and cultivate finance professionals, nurturing talent within the organisation. Key personal skills for the successful Chief Financial Officer: Exceptional leadership skills A strategic mindset Excellent communication Strong analytical and problem-solving A robust background in finance Effective collaboration and the ability to influence

Posted on : 05-03-2024
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