Job Description

Job Summary Based Durban. Join Subsidiary of dynamic, entrepreneurial and rapidly expanding global and professional Services Group that provides a wide range of digitally enabled business services. This vacancy exists in one of the Subsidiaries with the business focussed on the international sector (UK, USA & Australia) and is rapidly growing these markets. This Subsidiary is heavily labour intensive and provides a BPO (Business Process Outsourcing) service for their international Client base and is a technological driven platform for their diverse customer base. The main office is based in Durban although there are other smaller offices in Johannesburg and Cape Town. The working environment is characterised by an intense and constant focus on growth, optimisation, earnings quality, sustainability and governance. This is a newly created position and the CFO will be responsible for the planning, implementation, managing and running of an effective financial arm which will be achieved by financial leadership, financial activities including involvement in the operations of the business and business development. In addition, the normal financial responsibilities of controlling accounting practices, timely preparation of financial reports, business planning, budgeting, forecasting and negotiations with external parties which will also involve new contracts and assessing the feasabilities thereof. The candidate will report directly to the CEO as well as a dotted line to the Group CFO. Key performance areas, inter alia, include: Financial Strategy and Implementation, inter alia: develop strategy and view on profitability of the business through financial analysis & performance forecasts; provide advice on financial, tax planning, financial risk and strategic recommendations. Assess business performance and assist in identifying new business opportunities together with the CEO and EXCO. Drive operational efficiency. Financial Performance, Measurement and Reporting, inter alia: oversee preparation of financial statements, reporting & IFRS practices, sign off half-year and year-end Financial and Tax Reports. Analyse financial results and participate in performance review discussions; preparation of budgets and ensuring compliance as well as managing cash flow performance and that the business is appropriately funded. Financial Systems, Analysis Tools and Models, inter alia: maintain financial systems especially Payroll which includes time and attendance and workforce management systems (as there is a large workforce); recommend systems enhancements where required. Direct and oversee Management Information Team to support the business with operational and financial metrics which will include creating Power BI Visuals for operational reports. Furthermore, understand the business through currency reporting, rolling forecasts, business pipeline and commercial models and do pricing reviews. The usual Auditing and Compliance, Stakeholder Relations and Risk Management as well as Leadership and People Management. Requirements: CA (SA) and a Post Graduate Business Diploma would be highly recommended but not a prerequisite. Superior business and commercial acumen including analysis of contracts, pricing of deals, financial feasabilities on new business, entrepreneurial and ability to negotiate with various Stakeholders especially based overseas as well as being operationally driven. The usual knowledge that a CFO will have including understanding of IRFS, Tax and VAT together with working capital management, financial & management accounting, risk management, revenue and cost management, financial modelling and planning. In addition, foreign currency experience and highly developed interpersonal skills due to the nature of the industry which is in the Service Sector. Strong MS Office experience especially Excel and knowledge in working with data base applications (Cognos).Gerald Lilian Executive Appointments (GLEA)Recruiter

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