Chief Financial Officer

Chief Financial Officer Vumilia Africa Group (Pty) Ltd Monday, 08 June [Click the Apply button below to see the contact details] 3 Verified Ad Finance/Accounting - Other Finance/Accounting Sandton

PART TIME

Job Spec Company Job Summary

- 1. JOB TITLE

Chief Financial Officer

- 2. POST LEVEL

Executive

- 3. DEPARTMENT

Finance

- 4. REPORTING LINE

Chief Executive Officer

- 5. DIVISION

Finance

Localisation

• 90 Grayston drive - Sandton

- 7. CONTRACT TYPE

Fixed Term

PURPOSE OF THE JOB

Enables financial sustainability, and compliance with all relevant legislation and financial/accounting standards to provide strategic oversight and insights on the financial position and performance of the organization’s strategic partnerships and investments to ensure sustainability. Key Performance Areas Key Activities Strategic Planning and Analysis

• Integrates financial data into long term strategic planning

• Conducts scenario planning and predictive financial modelling

• Guides investment prioritisation and resource allocation at the executive level

Formation / Diplômes

• Support organisational transformation with financial insight

• Facilitating and identifying budget guidelines and parameters development and implementation

• Assist in translating business strategy into a financial plan

• Design and document BU level budgeting

• Draw up a standardised business unit budget proposal template

• Submitting budgets and financial information to Treasury and Department of Human Settlement

• Forecasting income and expenditure against various parameters Financial Management and Reporting

• Oversees all financial operations with full accountability

• Provides forward-looking insights that shape business strategy

• Ensure IFRS / GAAP compliance across the organisation

Autres informations

• Interprets complex financial data to inform critical decisions

• Design BU level and management accounting model

• Establish appropriate BU performance metrics

• Financial reporting against budgets and reporting on variances

• Manage monthly / quarterly reviews with departments heads External Reporting

• Annual Financial Statements to National Treasury

• Quarterly and annual reports to the National Department of Human Settlement Treasury and Capital Management

• Optimise capital structures to support growth and stability

• Makes strategic investment and funding decisions aligned with organisational objectives

• Engage with funders/sources to understand characteristics of each option (pricing, term, conditions etc)

• Engage with preferred funders and conclude detailed funding plan

• Document funding strategy and detailed implementation plan and obtain sign-off from EXCOM and Board

• Manage Funding Covenants and requirements Investment

• Managing investments and maximising returns on financial assets

• Calculating financial implications of schemes and investments

• Assessing and evaluating financial viability and soundness of products and services Risk Management

• Identifies strategic, operational, and financial risks proactively

• Design and implements enterprise risk management frameworks

• Advises the board on risk appetite and mitigation strategies

• Leads organisation-wide risk culture initiatives

• Ensures financial and organisational protection

• Oversee all accounting and internal control activities to ensure compliance with GAAP, internal controls practice, tax laws and all relevant legislative and regulatory requirements Compliance and Governance

• Ensure organisational compliance with PFMA, Companies Act, tax laws, and regulatory frameworks

• Leads governance initiatives and develops policies for audit readiness

• Advises the board and executive team on governance risks and mitigations

• Developing, implementing and maintaining finance and credit control policies and procedures

• Managing assets and liabilities appropriately

• Managing and maintaining financial information and documents

• Revising and updating work processes and collection methodologies

• Managing the general ledger, cash book, fixed assets, and stock inventory Procurement

• Developing, implementing and maintaining SCM policies and procedures in accordance with National Treasury requirements

• Implement process and procedures to enable efficient SCM processes to meet organisational needs Audit and Internal Controls

• Oversees robust internal controls across all operations

• Engages with internal and external auditors at board level

• Ensures timely and transparent audit reporting

• Drives continuous improvement of