About the position
An Independent financial solutions provider and advisory services business is seeking a dynamic and experienced Group Chief Financial Officer (Group CFO) to join its executive leadership team in Cape Town. This is a unique opportunity to shape and strengthen the financial direction of a fast-growing, client-centric enterprise.
Qualifications Skills:
• BCom Hons Accounting degree
• Accredited CA (SA)
Experience:
• 15 years post-article experience
• Experience in financial services, advisory or similar
• Strong financial reporting, budgeting and compliance background
• Proven experience in managing or supporting external audits
• Solid understanding of financial systems and experience in process automation or improvement projects
• Hands-on, proactive, and solutions-oriented, with strong attention to detail
• Strong interpersonal and communication skills, capable of working effectively across departments and seniority levels.
Responsibilities would include:
Financial Management Internal Controls
- Provide strategic oversight of day-to-day finance operations to drive accuracy and operational efficiency across the group.
- Safeguard the integrity and uniformity of financial records across all business divisions.
- Ensure comprehensive compliance with financial policies, statutory requirements, and tax regulations.
- Establish, implement, and enforce effective internal control mechanisms throughout the organisation.
- Continuously evaluate and enhance financial reporting processes to ensure timeliness and precision.
- Partner with the CIO to identify and implement improvements in financial systems and digital tools.
- Approve payments in alignment with defined authority frameworks.
- Review and authorise monthly payroll runs, ensuring accuracy and compliance.
- Manage liquidity proactively, including the coordination of funding drawdowns to support business operations.
- Optimise cash flow management and enforce stringent controls over company assets.
- Monitor and ensure compliance with financial covenants and funding agreements
Financial Reporting
- Lead the timely and accurate preparation of monthly management accounts.
- Oversee the consolidation and detailed analysis of monthly group financial results.
- Monitor financial performance against budget and evaluate product-level profitability.
- Deliver monthly financial reports and insights to the Executive Committee (Exco).
- Develop and present financial updates for internal communications and investor briefings.
- Manage the creation of financial content and ensure prompt engagement with external stakeholders, including funders, investors, and shareholders.
- Supervise the preparation of Annual Financial Statements for 14 entities, ensuring full compliance with the Companies Act and applicable IFRS standards (including IFRS for SMEs where relevant).
- Direct the consolidation and statutory reporting of Group Annual Financial Statements in alignment with regulatory requirements.
- Coordinate with external auditors, resolve identified issues, and ensure audits and reviews are finalised within agreed timelines.
- Ensure timely and accurate submissions to regulatory authorities such as the JSE, SARS, and FSCA.
Governance (Board Executive Committee)
- Act as a designated director representing the Companies across multiple group and affiliated entities.
- Lead and maintain robust governance frameworks for the Board and its sub-committees, ensuring effective oversight and regulatory compliance.
- Promote strong financial governance in accordance with the principles of King IV.
- Coordinate and manage the scheduling and execution of monthly Executive Committee (Exco) meetings.
- Partner with the CEO in crafting strategic documents and driving the execution of group-wide strategic initiatives.
- Champion the implementation of Broad-Based Black Economic Empowerment (BBBEE) structures where relevant, aligning with transformation objectives.
Budget Management, Acquisitions, Team Management, Strategy and Growth.
Desired Skills:
- Systems Analysis
- Complex Problem Solving
- Programming/configuration
- Critical Thinking
- Time Management