Chief Financial Officer (5-year fixed-term) at The Johannesburg Development Agency

Purpose of the position:

• Reporting to the Chief Executive Officer and a member of the Board of Directors, the role will provide strategic financial leadership to the JDA and oversee the provision of financial management, management accounting, and supply chain management functions, in accordance with legislation and regulations.

Key Responsibilities:

• The role will be responsible to develop an alternative financial revenue model with multiple income streams to sustain the JDA.
• Develop the Finance Strategy in line with MTREF and aligned to the overarching Business Strategy and Business Plan.
• Contribute towards the development of short-, medium- and long-term plans and strategies for the JDA, to give effect to national and provincial government objectives and the City of Joburg’s Growth and Development Strategy, as a member of the Executive Committee.
• Oversee the establishment and management of an efficient budgeting control system.
• Oversee the timeous and accurate monthly, quarterly, and annual financial reporting, as per legislation.
• Assess financial implications propositions and align expenditure to cash flow projections to ensure JDA’s objectives are met.
• Identify operational and strategic financial risk within area of responsibility and implement risk mitigation plans.
• Oversee the management of internal and external audits, inclusive of stakeholder engagement and resolution of audit findings.
• Support the Accounting Officer of the organization and the Board in terms of the Municipal Finance Management Act in fulfilling his financial responsibility.

Requirements: 

• A minimum of an Honours degree in Accounting, Finance, Commerce, or any related field is required. CA (SA) qualification and master’s degree or MBA will be advantageous.
• Minimum of 10 years’ experience in Financial Management and 3 years in a Senior management role, extensive knowledge of MFMA, Treasury Regulations, GRAP, IFRS and IIA Standards.
• Understanding of local, provincial, and national government environment.
• Understanding of best practice leadership principles and track record in managing human capital.