Job title: Chief Financial Officer / Must be CA(SA)
Job type: Permanent
Emp type: Full-time
Location: Bellville
Industry:
  • Electronics
Expertise:
  • Accounting & Finance
Salary type: Annual
Job published: 2019-04-11
Job ID: 32298
Contact name: Callista Greeff
Contact email: callista@zealhr.co.za

Job Description

 
This exciting role is a career opportunity not to be missed with great scope for further growth as a close advisor to the CEO. The ideal candidate will have the opportunity to take over the financial and investment management of the company as well as the commercial and project financing aspects of this role.
 
As part of the executive team, the successful candidate will work closely with various internal and external stakeholders as well as senior executives and board members to make effective organisational decisions regarding improved business performance.
This multi-faceted role requires someone with sound knowledge and experience in business planning, financial modelling, reporting and risk management as well as the ability to negotiate key commercial aspects with investors and review new business opportunities.
Candidate Profile Description Requirements
  • A strong people leader with experience guiding, driving, connecting and inspiring people
  • High level of integrity and dependability with a strong sense of urgency and results-orientation
  • Substantial working experience partnering with an executive team and board of directors
  • Ability to communicate and manage well at all levels of the organisation and with staff at remote locations
  • Highly collaborative (across the business and externally)
  • Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses
  • Excellent verbal and written communication skills
  • Strategic insight and approach to capital structuring, BEE, etc
  • Business acumen and commercial awareness
  • Relevant tertiary education and registered as a CA (SA)
  • 10+ years’ experience in a senior leadership role in a medium/large corporation
  • Experience within and understanding of the renewable energy sector or construction industry would be advantageous
Specific responsibilities include:
The Chief Financial Officer is accountable for the following functions within the Group:
  • Capital structures; funding requirements; Investment decisions
  • Financial function
  • Risk management function
  • Administrative function (including but not limited to Company secretarial, Trademarks, Legal support, BBBEE and Insurance)
 
This includes the following:
  • Continuous development of the most effective debt structures suitable for the company and sourcing the most cost-effective debt in the market
  • Construction of the investment portfolio within a pre-agreed risk framework
  • The development of a financial and operational strategy and measurement metrics tied to that strategy
  • Ongoing development and monitoring of internal control systems designed to preserve company assets and to report accurate financial results
Principal accountabilities are:
Planning
  • Assist in formulating the company's future direction and supporting tactical initiatives with the Group executive management team
  • Monitor and direct the implementation of strategic business plans
  • Develop financial and tax strategies
  • Manage the capital requests and budgeting processes
  • Develop and monitor performance measures that support the company's strategic direction
  •  
  • Operations
  •  Participate in key decisions as a member of the Group executive management team
  • Maintain in-depth relations with all members of the Group executive management team and middle management
  • Attend Board- and Sub-committee meetings; including being the lead Group representative on the Finance & Risk Committee
  • Manage the accounting, legal, tax and treasury functions
  • Oversee the financial operations of subsidiary companies
  • Oversee the Group's transaction processing systems
  • Implement operational best practices
  • Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters
  • Continuously develop finance team members to progress in their career
  • Manage the registrations and continuous maintenance of all company trademarks
  • Formulate and manage the execution of the BBBEE strategy of the Group
  • Assist the business development function with possible acquisitions and with the performance of the acquisition due diligence processes
  • Support all subsidiaries with operational complexities and tactical matters
  •  
  • Financial Information
  • Oversee the issuance of financial information (project profitability reports, energy asset performance reports and other management information)
  • Report financial results to the Board of Directors and executive management team of the Group
  • Oversee the annual preparation of the audited financial statements according to IFRS
  •  
  • Risk Management
  • Understand and mitigate key elements of the Group’s risk profile (including that of all subsidiaries)
  • Monitor and manage processes on all open legal issues involving the company and legal issues affecting the industry
  • Construct and monitor reliable internal control systems to mitigate the Group risk profile
  • Maintain appropriate insurance coverage at Group and subsidiary level
  • Ensure that the company complies with all legal and regulatory requirements
  • Ensure that record keeping meets the requirements of auditors and government agencies (Department of Trade & Industry, Department of Labour and SARS)
  • Report on all risk issues to the Finance & Risk Committee of the Board of Directors
  • Manage the annual interim and final audit processes and investigate and act on all auditor findings and recommendations
  • Act as member of the Credit Committee to evaluate feasibility of all energy asset investment proposals and risk profiles of clients
  • Funding
  • Monitor and manage banking activities of all group subsidiaries, cash balances and cash forecasts to ensure adequate allocation of cash to all group subsidiaries (treasury function)
  • Continuous development of the most effective debt structures suitable for the company and sourcing the most cost-effective debt in the market
  • Arrangement and negotiation of cost effective debt funding with financial institutions
  • Drive equity financing processes and manage equity capital raising activities
  • Investigate and recommend most suitable investment products for surplus company funds
Third Parties
Maintain and build relationships with shareholders, financial institutions, auditors, legal representatives and insurance brokers.