Chief Financial Officer (CFO) at SITA SOC (Ltd)

PURPOSE OF THE JOB

• To provide strategic leadership and direction in all financial, audit, and governance matters of SITA. Ensure that the organisation remains financially sustainable, compliant, and audit-ready. Establish and execute financial strategy, drive sound resource allocation, enforce financial controls, and ensure compliance with the PFMA, Treasury Regulations and King IV. Deliver a clean audit outcome, ensure consequence management for financial misconduct, and safeguard organisational assets through a robust internal control system. Partner with the Managing Director, Executive Team, and Board to maximise financial resources as a strategic enabler for service delivery, operational efficiency, and organisational sustainability.

QUALIFICATIONS AND EXPERIENCE

• Minimum Required: A minimum (NQF Level 8) qualification or relevant in Accounting, Finance, or a related field. Recognised Chartered Accountant qualification (CA (SA)) with articles. All qualifications obtained outside of South Africa must be SAQA-accredited at the behest and expense of the candidate.
• Preferred Qualification: Postgraduate (NQF Level 8 or Higher) Such as MBA, MCom, Postgraduate Diploma in Public Finance, Governance, or Risk Management, or CA(SA) with Articles
• Professional Body Registration: Membership with SAICA.
• Work Experience: A minimum of fifteen (15) years of professional experience in accounting, finance, or auditing. At least eight (8) years at a senior management level in finance, of which five (5) should be at the executive management level in a large organisation or equivalent. A Proven record of leading audit turnaround strategies and achieving unqualified/clean audits.

KEY RESPONSEBILITIES
Strategic Leadership:

• Align the organisation’s Financial Strategy with the Corporate Strategy, Annual Performance Plan and shareholder compact while ensuring financial sustainability, compliance, and audit readiness.
• Provide strategic financial leadership on revenue management and cost reduction to ensure organisational profitability and sustainability.
• Provide strategic leadership and oversight to ensure financial controls, accounting frameworks, and systems that guarantee accurate reporting, compliance with audit standards, and long-term organisational sustainability
• Provide strategic guidance on financial planning, budgeting, and resource allocation to support the organisation’s objectives.

Financial Reporting:

• Direct and support external audit processes and address internal and external audit findings timeously in compliance with the SMART principles.
• Present financial performance at different forums including the Board and the Portfolio Integrated Audit Committee Forum.
• Prepare management accounts, quarterly reports, and Annual Financial Statements, Ministry, National Treasury.

Financial Planning and Management:

• Ensure the preparation of annual budgets, medium-term financial plan, and the alignment with the MTEF period, cash flows, and forecasts.
• Implement cost control measures, as well as the optimal use of financial resources.
• Monitor and manage financial performance and ensure alignment with strategic objectives.
• Implement revenue management, expenditure controls, and liquidity management.

Financial Governance and Compliance:

• Implement and maintain effective internal controls to safeguard assets and prevent fraud.
• Ensure compliance with tax laws and obligations, National Treasury directives, and all relevant and applicable accounting standards (including IFRS, GRAP, etc.)
• Ensure compliance and risk management processes to ensure alignment with corporate strategy, the PFMA, Companies Act, 2008, Treasury Regulations, KING IV on Corporate Governance, and regulatory requirements.
• Enforce consequence management and drive audit closure to strengthen accountability and governance.

Stakeholder Management:

• Drive stakeholder engagement and statutory reporting to strengthen accountability, transparency, and trust in the organisation’s financial governance.
• Interact and engage with key stakeholders such as the Department of Communication and Digital
• Technologies (DCDT), National Treasury, Auditor General of South Africa (AGSA), DCDT Portfolio Committee, SCOPA, and other financial forums.

Financial Transformation and Innovation:

• Drive finance innovation, financial systems modernisation, and digital transformation to strengthen financial governance, efficiency, and audit readiness.
• Ensure compliance with the Public Procurement Regulations and Preferential Framework Act (PPPFA).
• Ensure that the internal and external Procurement pricing framework is introduced to ensure fairness and value for money.
• Comply with the broad-based black economic empowerment (B-BBEE) objectives, including localisation objectives in procurement and research and development initiatives.
• Ensure that all financial practices are compliant with SITA values by introducing ethical governance into financial management to strengthen accountability, transparency, and long-term organisational sustainability.

Leadership and Performance:

• Oversee the finance team to ensure high performance and accountability.
• Introduce initiatives for financial literacy across the SITA.
• Develop and monitor financial performance KPI’s are aligned to the APP, Strategy and Corporate Plan. 

Deadline:25th Januay,2026