Background:
Excellent career opportunity for a CFO within the education sector to ensure the financial integrity, liquidity and capital discipline of the company
Professional qualification: CA(SA)
8 - 12 Years’ experience in a financial management role: education sector exposure advantageous but not essential
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
Demonstrated financial modelling, budgeting, and reforecasting owned personally
Demonstrated hands-on leadership of a lean Finance team
Willing to commute to Head Office regularly and occasional travel to campuses across the country
Preference for Johannesburg, Bloemfontein or Cape Town -based candidates
Lead the Finance Department 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
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 are implemented and standardised across the Group
Provide oversight and recommendations in terms of capital raising requirements
Contribute to assessing the financial viability of potential mergers and acquisitions
Responsible for reporting to Exco and the Board on the financial activities of the business
Translate strategic initiatives into financial models and execution plans
Support the CEO and Chief Strategy Officer in: Growth planning, new school rollouts/expansion and pricing and revenue strategies
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
Analyse profitability, cost structures, and operational efficiencies across business units
Present and provide clear financial insights to guide decision-making of the Executive team and Board
Prepare monthly, quarterly, and annual management reports, including variance analysis and performance dashboards on both a division basis and a consolidated basis
Translate strategic initiatives into financial models and execution plans
Support the CEO and Chief Strategy Officer in: Growth planning, new school rollouts/expansion and pricing and revenue strategies
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
Analyse profitability, cost structures, and operational efficiencies across business units
Present and provide clear financial insights to guide decision-making of the Executive team and Board
Prepare monthly, quarterly, and annual management reports, including variance analysis and performance dashboards on both a division basis and a consolidated basis
Own the 13-week rolling cash forecast at group and entity level, maintained weekly
Own banking relationships, bank mandates, and the payment authorisation matrix
Develop funding solutions for new projects and the expansion of existing schools
Perform financial due diligence for new school acquisitions, greenfield developments, or partnerships
Evaluate Capex requirements, cost projections, fee structures, and projected returns for new schools
Assess affordability and sustainability of expansion plans using long term financial modelling and recommend the most optimal financing options
Collaborate with other departments to ensure expansion decisions are aligned with strategic goals
Ensure compliance with South African regulations and expected governance standards including tax/return requirements
Manage annual audits and liaise with external Auditors
Implement processes to mitigate financial risk, including debt management, covenant monitoring, and insurance oversight
Participate in any due diligence processes and close out finance related findings including updated finance policies, standard operating procedures and training
Provide financial support and strategic insights to the Executive team and Board
Communicate financial performance and key risks in a clear, accessible manner to non-financial Stakeholders
Engage with potential Lenders and/or Investors such as banks, funders, and financial institutions when 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
CA (SA)
Capex
Mergers & Aquisitions
Bloemfontein
Johannesburg
Cape Town