Chief Financial Officer

2 years ago3424 views
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General Details
Advertised By:Agency
Job Type:Contract
Description
The bank is looking for a suitable candidate to setup a CFO to join our dynamic team. * The candidate is expected to setup the finance function within the bank as per the established reporting structure  * Compiling all financial reports in consultation with the department/divisional heads. * Oversight of all the taxation matters such as VAT, Income Tax, Payroll taxes etc. at the bank. * Responsible for ensuring integrity, accuracy and completeness of financial data * Overseeing the entire Bank’s fiscal operating results in compliance with all accounting principles (including regulatory agencies, government policies and local laws) for ensuring & safeguarding the Bank’s interests in consultation with other department heads. * Reviewing of all major MIS returns prepared by various department heads as well as presenting it to the Banks management in consultation with the Country Head & CEO. * Preparing for and ensuring completion of Annual financial statements and related returns in consultation with department heads and statutory auditors. * Oversee the preparation and submission of quarterly financial reports and returns to be submitted to the head Office. * Responsible for liaising with the external / Internal auditors regarding financial statements & reporting. * Oversight on the implementation of the IFRS reporting standards within the Bank??????? * CA (SA) with at least 5 years post articles experience within financial services * Must be working as CFO/Dy CFO in a Bank in South Africa * Must have minimum 5 years’ experience in a Finance function within a Bank * Must possess managerial experience in mid-level management position * Must be well versed with IFRS 9 standards within a bank * Must have sufficient knowledge in regulatory reporting * Must have sufficient knowledge of the regulatory framework within which a bank operates, including but not limited to accounting methodologies, prudential ratios, & tax related matters  * Additional preference will be given to candidates with some risk management experience within the banking environment. Market Related * CA (SA) with at least 5 years post articles experience within financial services * Must be working as CFO/Dy CFO in a Bank in South Africa * Must have minimum 5 years’ experience in a Finance function within a Bank * Must possess managerial experience in mid-level management position * Must be well versed with IFRS 9 standards within a bank * Must have sufficient knowledge in regulatory reporting * Must have sufficient knowledge of the regulatory framework within which a bank operates, including but not limited to accounting methodologies, prudential ratios, & tax related matters  * Additional preference will be given to candidates with some risk management experience within the banking environment.

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