EXECUTIVE SEARCH STATUS:

COMPLETED

JOB POSITION:
NATURE OF BUSINESS:

 

Chief Financial Officer
Multinational Industrial Manufacturing Group

JOB LOCATION: Inland Region, South Africa

 

REPORTS TO: Chief Executive Officer

  

TOTAL STAFF RESPONSIBILITY: 30 people

  

FINANCIAL RESPONSIBILITY: R4 billion turnover

  

SUMMARY OF EXECUTIVE OPPORTUNITY:

Responsibility and accountability for the financial health and governance of the company.

 

COMPANY BACKGROUND:

The company is the South African subsidiary of a listed multi-national industrial organisation.

KEY EXECUTIVE ATTRIBUTES REQUIRED:

  • Articles completed with one of the big four auditing firms 
  • At least 10 to 15 years post-qualifying experience with a minimum of five years in a similar position within the financial function of a listed/previously listed organisation with a turnover of at least ZAR3 billion
  • Experience in the heavy industrial sector, ideally internationally
  • A thorough understanding of Accounting Standards such as GAAP and IFRS and other relevant legislative frameworks as well as market risk dynamics and treasury expertise
  • The ability to translate business strategy into actionable financial plans
  • Familiarity with evolving global financial policies and procedures related to raising capital, foreign exchange dealings, commercial, tax and legal matter

KEY JOB PERFORMANCE AREAS:

  • Advise the Chief Executive Officer on key investment issues and assist the Chief Executive Officer with investor relationships
  • Participating in the Company's strategic planning processes by providing high level financial leadership and commercial acumen, and assess and agree financial objectives, budgets and strategic plans
  • Providing high standards of financial control and ensuring the effective management of working capital
  • Managing an efficient balance sheet
  • Ensure senior executives understand key dependencies, risks and opportunities in all plans, forecasts and proposals
  • Exercise firm control over capital expenditure. Keep management fully informed of all local and international transactions, particularly with regard to loans, credit facilities, exchange fluctuations, currency exposure and movement of funds
  • Making presentations on Company results, forecasts and future plans to the investment community and relevant stakeholders
  • Develop and maintain effective relationships with all relevant outside bodies
  • Through appropriate management and development, ensure that the Company's financial and administrative functions are organised, led and staffed with capable individuals
  • Contribute to the success and overall growth and profitability of the Company by maintaining an ethos of excellence and desire for continuous improvement