Chief Financial Officer

2 years ago3298 views
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Advertised By:Agency
Job Type:Contract
Description
A client in the puclic sector is looking for a CFO for one of its operating divisions. Role is based in Durban.  *Purpose of Position: * * Provide strategic guidance and leadership to enable sound financial management, effective investment decisions, regulatory compliance and reporting and governance * Influence strategy and business decisions and provide real-time insights to ensure that business objectives are achieved * Implement and maintain financial control processes to identify and mitigate key business risks, execute fiduciary duties and safeguard financial assets * Conduct investment analysis when required and establish strategic alignment to the business strategy in defining economic impact on current business operations, Return on Investments and Economic Value Add * Ease to do business at lower transaction costs – lowering the cost of doing business * Timely and effective compliance with legislation and regulation   *Financial Accounting Management* * Provide a set of financials, on a monthly, quarterly, interim and full year  basis, that complies with IFRS and Companies Act, Income Tax Act and Vat Act which is subject to external audit and review * Compile the relevant reports to indicate to Executive Management the financial position of the organisation * Implement the necessary actions to ensure the financial sustainability and growth of the organisation * Preparation of Annual Financial Statements to be used by the Ports Regulator of South Africa * Manage Annual External Audit reviews of the Financial and non-Financial information ito the Auditor General’s requirements. * Ensure compliance with the accounting standards and applicable legislation to protect the Company from financial and reputational risk * Deliver high quality accurate output timeously thus creating capacity to enable enhanced decision making * Responsible for implementation of effective tax strategies  and tax planning   *Internal Control Environment and PFMA* * Ensure sound financial management of organisations by implementing appropriate financial systems, processes, reporting and internal financial controls in alignment with Group Finance policies and guidelines with periodic reviews * Oversight of PFMA compliance and process adherence including identified improvement initiatives * Drive the optimisation of processes that result in improved controls and compliance thereby ensuring unqualified audits, through an effective, ethical and efficient governance & control environment. * Ensure compliance to control systems implemented to ensure sound financial and audit practice * Develop an integrated assurance plan for key finance processes and risks * Manage assurance activities in respect of financial controls with internal & external providers * Ensure compliance to corporate governance in respect of financial management * Develop and implement risk mitigation actions and initiatives and monitor op

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