Job Description

Motus Africa is looking for a CFO to

• Lead the profitability agenda of the business whilst balancing the strategic imperatives
• Generating financial insights
• Enabling delivery of strategy, budget and forecast
• Lead and manage the finance team
• Driving a high-performance culture that delivers on their commitments
• Prepare detailed and insightful analysis of the business results timeously including the identification of opportunities and risks together with recommendations for actions to address
• Actively handle ad hoc assignments and deliver the results in a timeous manner.

Specific Role Responsibilities

• Lead and manage all the financial aspects of the business.
• Support the CEO in setting and tracking financial goals, objectives and budgets
• Review month end results of 10 entities, ensuring accuracy and completeness
• Prepare the monthly flash report and present to the CEO
• Review the monthly Hyperion reporting packs before submission to Head Office
• Prepare Treasury pack for the Treasury Committee meetings
• Prepare the Financial Risk and Review Committee pack for the FRRC meetings
• Prepare quarterly forecasts
• Prepare annual budget and board packs
• Prepare or review all Annual Financial Statements and ensure it is signed off within the timeframe.
• Responsible for all audits, tax and statutory requirements
• Working capital management
• Cashflow management of all entities
• Forex management
• Responsible for and reviewing of processes and procedures
• Ensure adherence to company approvals framework, including bid bonds, capex, travel, accommodation and payments
• Review balance sheet reconciliations of all entities at least twice a year, whilst ensuring that the Head Office financial managers review the balance sheet reconciliations of their respective dealerships at least on a quarterly basis
• Travel to all countries at least 3 times per year for the review of internal controls and meetings with auditors and bankers when necessary
• Ensure that the Control Self-Assessment questionnaires for all dealerships are prepared and submitted on a monthly basis
• Payroll review and management
• Attend to ad hoc queries from Head Office and all other stakeholders where required
• Ensure in country bank facilities are properly utilised and managed
• Provide funding to countries when required
• Assume overall accountability for managing all financially related governance compliance activities and ensure that all entities comply with all legal requirements.

Qualifications and ExperienceEssential non negotiable requirements

• CA (SA)
• 15 years experience of which 5-10 years must be at senior management level within a financial management environment
• Automotive industry experience required
• Extensive knowledge of IFRS
• Must have practical knowledge and experience in internal and external audits
• Strong analytical and conceptual abilities
• Ability to manage complexity including multiple stakeholders and countries.

Experience in the following is required

• Financial management and control
• Budget and Forecasting
• Forex management
• Financial processes
• Preparing financial statements and liaise with both the internal and external auditors
• Ensuring clean audit reports
• Developing and maintaining relationships with all stakeholders
• Strong leadership skills with the ability to effectively influence all levels of management.

Skills and Personal Attributes

• Deep understanding of financial statements, budgeting, and financial analysis.
• Expertise in financial modeling and forecasting.
• Proficiency in accounting principles and standards (e.g., GAAP, IFRS).
• Ability to oversee and ensure accurate financial reporting.
• Ability to align financial planning with the company's strategic objectives.
• Strong analytical and problem-solving abilities.
• Meticulous attention to detail to ensure accuracy in financial reporting and analysis.
• Ability to manage complexity including multiple stakeholders and countries

Motus