Chief Financial Officer

Recruiter:

Nambiti Technologies

Job Ref:

JHB002667/TR

Date posted:

Tuesday, January 21, 2025

Location:

Johannesburg, South Africa

SUMMARY:
We are recruiting for a Chief Financial officer position.

POSITION INFO:
Duties and Responsibilities:

Strategic Planning and Management:

Contribute towards the development, implementation
and monitoring of the OBP organisational strategy and
objectives.
Develop, implement and monitor an operations
strategy for the division that is directly aligned with the
organisational strategic objectives.
Create, communicate and implement a business plan
that will enable the achievement of the divisional
strategy.
Develop, implement, monitor and review OBP
divisional policies and procedures as required.
Research area of focus and advise stakeholders on
industry best practice policy and procedure standards
and measures.
Ensure the divisional policies and procedures are
aligned to the overall OBP policies and procedures.
Manage the selection and implementation of relevant
systems, frameworks and initiatives that ensure
delivery in line with the legislative framework and
organisational objectives of OBP.

Financial Management and Reporting:

Provide strategic input and advice to the CEO and
Board on the formulation of divisional budgets and
forecasts.
Lead the formulation of annual budgets on behalf of
the division for CEO approval.
Oversee the division’s relevant departmental budgets
to ensure alignment to the organisation’s revenue and
efficiency objectives.
Ensure the costs are contained while maintaining high
levels of impact and performance.

Lead the development of best practices to achieve the
larger Operational financial goals.
Responsible for overseeing that all organisational
assets are managed and maintained to the company’s
standards.
Lead the compilation and presentation of annual
financial statements.
Present company results to the Board,
Parliament and stakeholders according to the
relevant frameworks.
Manage and ensure the publishing of the annual
financial statements for use by shareholders and other
stakeholders.
Lead the compilation, submission and presentation of
quarterly and annual reports.
Manage the formulation, submission and presentation
of reporting templates.
Ensure that annual financial statements comply with
GAAP and other legislative requirements in terms of
the Public Finance Management Act, Companies Act,
IFRS and Taxation Act.
Compilation, submission and presentation of Board
reports for submission quarterly.
Present company results to the Board,
Parliament and stakeholders according to the
relevant frameworks.

People Management:

Lead the implementation of strategic targets,
performance management, and the required
cascading of performance objectives in order to drive
operational success.
Inspire continuous focus on improving overall
productivity through engagement with employees.
Responsible for the overall leadership, direction and
development of all staff within the division.
Maintain a professional environment that sets the
example for the business by living the OBP values
every day.
Inspire continuous focus on improving overall
productivity through engagement with employees.
Ensure the creation of an environment where staff are
developed, engaged and successfully retained.
Lead and guide the determination of staffing
requirements and overseeing all personnel processes
for the division, such as staff development, mentoring,
coaching, recruitment and engagement.

Financial Planning, Budgeting, Controls and Services:

Lead the financial Planning and Budgeting for the OBP
and set budgetary guidelines.
Liaise with shareholders and stakeholders i.e.
Department of Agriculture, National Treasury and the
Parliamentary Agricultural Portfolio Committee in
respect of corporate plans, budgets, financial
forecasts, borrowing plans and annual financial
reports.
Ensure the design, implementation and maintenance
of a sound system of control to safeguard company
assets.
Ensure the implementing audit recommendations to
minimise financial and business risk.
Formulate and develop financial policies in compliance
with accounting principles and other legislative
requirements (e.g. treasury regulations) to support the
business strategy.
Ensure that the accounting system is managed and
controlled.
Ensure that the accounting system complies with
reporting standards and that relevant access to users
is in place.
Lead the management and provision of Supply Chain
Management.
Lead expenditure management.
Lead the provision of Asset Management.
Ensure and manage payroll Administration.
Lead Cost Management.
Lead Revenue Management.
Develop and implement fund investment policies or
strategies.
Ensure that capital investments are delivered within
budget in terms of their envisaged estimated total cost;
and ensure the implementation of the financial risk
management strategy.
Manage investment funds to maximize return on OBP
investments.
Coordinate output of reports and/or approvals of
request by management
Select specific investments or investment mixes for
purchase by an investment fund.
Monitor financial or operational performance of
individual investments to ensure portfolios meet risk
goals.
Select or direct the execution of trades and manage
foreign exchange related transactions.
Establish and obtain alternative sources of funds to
cover funding shortfalls.
Ensure accurate submission of SARS returns
Accurate recording of revenue
Timeous collection of outstanding debtors accounts
Management of working Capital
Coordinate output of reports and/or approvals of
request by management.

Investment Management

Develop and implement fund investment policies or
strategies.
Select specific investments or investment mixes for
purchase by an investment fund.
Ensure that capital investments are delivered within
budget in terms of their envisaged estimated total
cost; and ensure the implementation of the financial
risk management strategy.
Manage investment funds to maximize return on
OBP investments.
Select specific investments or investment mixes for
purchase by an investment fund.
Monitor financial or operational performance of
individual investments to ensure portfolios meet risk
goals.
Select or direct the execution of trades and manage
foreign exchange related transactions.
Establish and obtain alternative sources of funds to
cover funding shortfalls.

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