Chief Financial Officer(CFO) at FASSET

The successful candidate will:

• Provide strategic leadership and oversight of finance, supply chain management, budgeting, financial reporting, and asset management functions in compliance with GRAP, PFMA Treasury Regulations and other relevant legislative prescripts.
• Assist the CEO with the formulation of the strategic plan (SP) and annual performance plan (APP) in order to set comprehensive goals for performance and sustainable growth.
• Develop and implement financial and supply chain management strategies aligned to organisational objectives and legislative requirements.
• Ensure sound financial governance, internal controls, compliance, and risk management across the organisation.
• Lead the preparation and management of interim and annual Financial Statements, management accounts, mid-year and annual budgets, forecasts, and financial performance reports, as well as the procurement plan.
• Oversee levy income management, grant disbursements, cash flow management, investments, and working capital optimisation.
• Oversee and lead in the development and monitoring of the implementation of finance and supply chain management policies and procedures in line with PFMA and Treasury Regulations in order to ensure sound financial management.
• Ensure compliance with PFMA, Treasury Regulations, GRAP standards, SARS requirements, and all relevant legislative frameworks.
• Provide strategic financial advice and support to the CEO, Executive Management, Board, and Board Committees.
• Lead audit processes and ensure effective implementation of audit findings and recommendations.
• Drive financial sustainability, operational efficiency, and continuous improvement initiatives.
• Strengthen financial performance monitoring, reporting, and governance systems across the organisation.
• Build and maintain effective relationships with Accounting Authority, CEO, DHET, 
• Auditor-General South Africa, National Treasury, service providers, and other strategic stakeholders.
• Advise the CEO and Accounting Authority on all matters that may have adverse financial implications for the organisation. 
• Lead and develop high-performing finance and supply chain management teams.
• Quality assures all submissions to the CEO’s Office and ultimately the Board structures.
• Monitor the operation of the accounting systems, controls, and procedures in order to ensure the integrity of the financial information.
• Manage and guide in compliance with Section 51 of the PFMA to prevent fruitless, wasteful, and irregular expenditure. 

MINIMUM REQUIREMENTS

• A Bachelor of Commerce (Honours) in Accounting or Finance and a qualified Chartered Accountant, CA (SA).
• Active membership with a professional body
• Minimum of 10 years management experience, of which 5 years must be at a management level within the public sector at the CFO level.
• Extensive experience in the public sector will be advantageous.

The following will serve as an added advantage:

• A Master's Degree will be advantageous.