Chief Financial Officer Johannesburg, south-africa
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Background:Excellent career opportunity for a CFO within a leading manufacturing company to ensure the financial health of the organisationMinimum Requirements:
Professional qualification: CA(SA)
8-12 years’ experience in a financial management role; including experience in a senior finance leadership role
A commercial track record beyond accounting or audit
Demonstrated multi-entity consolidation and ownership of an external audit
Demonstrated cash and working-capital management in a constrained, turnaround or high-growth-strain setting, including hands-on management of trade finance, letters of credit and Customer and Supplier terms
Demonstrated financial modelling, budgeting, and reforecasting owned personally
Experience managing inventory in a manufacturing, assembly, or distribution business, including BOM-based product costing, WIP and inventory valuation, and the associated financial controls and reporting
Senior finance experience in a manufacturing, engineering, project-based or industrial-distribution environment
Demonstrated pricing and margin management: owning or overseeing costing and quotation models, order- and customer-level profitability, and quoted-versus-actual margin reviews
Practical experience of foreign-exchange risk management, trade finance, and cross-border operations, including import-heavy supply chains and USD-linked revenue
Demonstrated hands-on leadership of Finance teams across multiple business units
Lead the finance function across the Group and ensure efficient financial operations of all business units in the portfolio
Oversee accounting, budgeting, cash flow management, audit, payroll, billing, and financial compliance in accordance with financial operational requirements
Manage and oversee the financial consolidation process across all business units, including appropriate management of intercompany balances and transactions
Present financial statements that are accurate, complete, and timely, in full compliance with IFRS and applicable South African regulatory requirements
Ensure robust internal controls and risk management practices (including inventory, stores, BOM and master-data, procurement, and order-to-cash controls) are implemented and standardized across the Group
Translate strategic initiatives into financial models and execution plans
Support the CEO and business unit Managing Directors in: Growth and strategic planning / business unit expansion and new market opportunities / pricing and revenue strategies / capital allocation and investment decisions
Develop financial models to support decision-making, expansion, and scenario planning
Conduct ratio analysis to provide more comprehensive financial oversight and support informed decision-making
Oversee and support product and project costing (BOMs, labor standards, landed cost including freight, duties and FX, and overhead absorption), applied consistently in the ERP, with Finance accountable for BOM and master-data integrity
Produce a monthly gross-margin bridge that explains movements and shows a fully loaded margin, with financing costs such as trade finance and LC charges shown separately
Oversee and support BOM-based pricing and quote approval with the CEO and commercial leads, including quoting FX rates and repricing triggers: no material quote without a verified BOM and a fully loaded order-level P&L, with escalation below approved margins
Assess bulk, discounted and multi-year contracts on contribution and cash rather than revenue alone, and support negotiation of payment, LC, Incoterm, and currency terms
Own the 13-week rolling cash forecast at Group and entity level, maintained weekly, built bottom-up from the order book, production plan, LC and shipment timing, Supplier payment runs and FX, and reconciled to actual bank balances
Own banking relationships, bank mandates, and the payment authorization matrix
Develop and assess appropriate funding solutions for the Group’s operations, projects, and growth initiatives
Monitor debt and funding facilities, including facility limits, obligations and financial covenants
Lead and support capital raising initiatives, including debt and equity funding, as required to support the Group’s growth and strategic objectives
Own the cash-conversion cycle (debtor, inventory, and creditor days) against business-unit targets, with a single order-to-cash view from order book to collections
Structure and manage trade and working-capital finance for a manufacturing and project business, including letters of credit, invoice and Supplier finance, guarantees, and development-finance or export-credit facilities, with LC terms reviewed before orders are accepted
Set and apply customer credit and country-exposure limits, and manage Supplier terms and payments against the production plan
Measure and manage net FX exposure across USD-linked pricing, imported components and foreign-currency receipts, under a Board-approved hedging policy (forward cover, natural hedging, and quoting rates)
Ensure compliance with SARB exchange control, including repatriation of export proceeds, and manage currency-convertibility risk in customer countries
Ensure compliance with environmental, social, and governance (ESG) standards across the Group
Oversee HR operations by coordinating with external service providers (incl. payroll, benefits, recruitment) and internal staff responsible for other aspects of HR
Assess the financial viability of new projects, investments, acquisitions, and strategic partnerships including financial due diligence where required
Evaluate capex requirements, cost projections, expected margins and projected returns on new investments and growth initiatives
Assess affordability and sustainability of expansion plans using long term financial modelling and recommend the most optimal financing options
Ensure compliance with applicable regulatory, tax and governance requirements across the Group, including requirements arising from international operations (exchange control, customs, VAT, and cross-border tax)
Manage annual audits and liaise with external Auditors
Oversee the Group’s financial and governance of B-BBEE, including procurement-spend reporting
Oversee the Group’s tax compliance and work with external Tax Advisers where required
Implement processes to mitigate financial risk, including debt management, covenant monitoring, and insurance oversight
Provide financial support and strategic insights to the Executive team and Board
Communicate financial performance, outlook, and key risks in a clear, accessible manner to non-financial Stakeholders
Support engagement with external Auditors, tax advisers, and other professional advisers as required
Only if you meet the minimum job requirements and experience as mentioned above, you may submit a detailed updated CV.
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Desired Skills:
Chief Financial Officer
Leadership Skills
Strategic Skills
Reporting Skills
Attention to Detail