Chief Financial Officer (Cape Town) at Ozow

Role Summary

• The Chief Financial Officer (CFO) will play a pivotal role in driving Ozow's strategic growth and financial success. This high-impact position will oversee all financial aspects of the business, ensuring financial health, regulatory compliance, and efficient operations. The ideal candidate will be a seasoned financial leader with a proven track record in the fintech or payments industry.

Key Responsibilities

• Financial Leadership:
• Oversee financial planning, analysis, reporting, and risk management.
• Develop and implement robust financial strategies aligned with business objectives.
• Ensure compliance with relevant financial regulations, accounting standards (IFRS, GAAP), and data privacy laws.
• Strategic Financial Modelling:
• Develop and utilize financial models to support strategic decision-making, business growth, and M&A activities.
• Conduct financial analysis to assess the feasibility and profitability of new initiatives.
• Fundraising and Investor Relations:
• Lead fundraising efforts, negotiate investment terms, and foster strong relationships with investors, banks, and financial institutions.
• Represent Ozow in investor presentations and meetings.
• Team Management:
• Build and lead a high-performing finance team, providing mentorship, coaching, and career development opportunities.
• Foster a collaborative and results-oriented culture within the finance department.
• Treasury Management:
• Optimize cash flow, manage working capital, and oversee treasury operations.
• Strengthen the treasury function by enhancing liquidity forecasting and risk management capabilities.
• Proactively manage risks across multiple currencies, including interest rate, foreign exchange, and credit risks.
• Risk Management:
• Identify, assess, and mitigate financial risks, including credit, market, liquidity, and operational risks.
• Implement effective risk management frameworks and controls.
• Technology Integration:
• Leverage automation and AI to streamline processes, improve efficiency, and enhance decision-making.
• Integrate financial systems and data analytics to support strategic initiatives.
• Revenue Enablement:
• Drive sustainable revenue growth and profitability through strategic financial planning and analysis.
• Partner with commercial teams to facilitate new product launches (e.g., cross-border payments) and market expansion.
• Optimize pricing strategies, revenue recognition, and contract terms to maximize revenue and profitability.
• Develop and implement financial models to assess the financial feasibility and impact of new business initiatives.
• Hiring and Talent Development:
• Recruit and develop top talent within the finance team to maintain a competitive edge.
• Foster a culture of continuous learning and professional development.
• Stakeholder Engagement:
• Actively manage relationships with regulators, banking associations, clients, and potential partners.
• Provide regular updates to the board of directors and executive team.
• Long-Term Market Positioning:
• Achieve and maintain healthy gross profit margins to support sustainable growth and future strategic initiatives.
• Position Ozow for long-term success through strategic planning and market analysis.
• Develop an exit strategy that aligns with the company's long-term objectives and maximizes shareholder value.

Requirements

• Minimum 10 years of senior finance leadership experience in fintech or payments.
• Bachelor's degree in Finance, Accounting, or related field; advanced degree (MBA) and professional qualifications (CA(SA), CIMA, ACCA) preferred.
• Strong analytical skills and ability to provide strategic insights.
• Exceptional leadership skills and effective communication abilities.
• Tech-savvy with understanding of fintech technologies and a passion for innovation.
• Proven problem-solving skills and ability to make data-driven decisions.
• Demonstrated experience in leveraging automation and AI to streamline processes and improve efficiency.
• Strong understanding of financial regulations and accounting standards.

In office perks 

• Healthy breakfast, lunches and snacks (Cape Town) 
• Healthy lunches and snacks (Johannesburg) 
• Monthly socials (Cape Town and Johannesburg) 
• On-site Barista (Cape Town and Johannesburg) 
• Ozow Library (Cape Town)  
• Birthday Leave

Perks for South African based employees

• Medical aid subsidy (permanent staff)
• Group Risk Insurance (permanent staff)
• Generous paid annual leave   
• Learning and Development opportunities 
• Mentorship programme
• Quarterly team building 
• Community initiatives 
• Employee gifting 
• Access to cutting edge technology