Chief Financial Officer at Council for the Built Environment (CBE)

JOB PURPOSE

• To provide strategic financial leadership to the Council for the Built Environment’s (CBE) operations, ensuring financial reporting, accounting, and compliance with regulatory standards as well as the Public Finance Management Act (PFMA). To manage audit processes, budgeting, cashflow, supply chain processes, asset register, and financial governance through the implementation of an efficient, economical, and transparent use of public resources.

DUTIES:
IMPLEMENT THE CBE’S FINANCIAL STRATEGIC PLAN

• Ensure strategic alignment of the CBE with government policy in terms of vision, mission, values, ethics, policy and governance.
• Develop CBE’s medium-term strategic plan and oversee its implementation to achieve the CBE’s mandate.
• Develop a fundraising strategy and financial turnaround business for the CBE.
• Develop accounting and financial policies and procedures.
• Ensure that policies are implemented at the CBE to serve as a framework within which to operate.

STRATEGIC MANAGEMENT OF THE CBE’S FINANCES

• Direct the strategic budgeting processes and allocations to align with the CBE’s strategic objectives.
• Monitor the implementation of cost-effective measures and ensure that operational expenditure is contained within agreed budgets.
• Evaluate projects to establish whether anticipated returns have been attained.
• Lead all reporting processes i.e. preparation, analysis and presentation within the Finance Division e.g. Financial, accounting, audit, operational reports, governing committee reporting, audit and other sub-committees of council feedback.
• Ensure compliance with regulatory and legislative requirements (Companies Act, Public Finance
• Management Act) and International Financial Reporting Standards (IFRS) guidelines, contribute content, reviews, reports, financial statements and appendages to the CBE’s annual and interim reports and strategic plan.
• Ensure that sufficient funds are allocated to ensure the medium-term viability of the CBE.
• Collate, tabulate and present appropriate reports/statistics as required on an ongoing basis by the
• CBE Council, Council sub-committees, Executives, Parliament and the Department of Public Works and Infrastructure (DPWI).
• Ensures that sufficient funds are allocated to ensure the medium-term viability of CBE.

DEVELOPMENT AND IMPLEMENTATION OF FINANCIAL GOVERNANCE

• Manage the internal audit process in line with Company audit methodology.
• Evaluates the content, conclusions, recommendations emanating from the audit report. 
• Submits audit report to CEO and other stakeholders with commentary and recommendations, pertaining to the findings and identified control weaknesses.
• Conducts ongoing follow up, monitoring of compliance with implemented controls and procedures.
• Manages the development of control systems to ensure that risk is minimized.
• Manages the implementation of control mechanisms to ensure unqualified audit reporting.
• Ensures compliance to control systems implemented to ensure sound financial and audit practice.

STAKEHOLDER RELATIONSHIP MANAGEMENT

• Plan the internal audit process in line with company audit methodology.
• Provide strategic input into the stakeholder relationship management strategy.
• Measure and ensure service driven outcomes and evaluate and report on results to DPWI.
• Interact with organised stakeholder forums to develop positive stakeholder experience.
• Ensure strategic interventions that would contribute to position the CBE as an industry thought leader.
• Develop partnerships and share knowledge with relevant stakeholders that are of strategic importance to the CBE.
• Oversee strategic interventions that will contribute to the CBE’s overall media profile and reputation, thereby enhancing the CBE’s stability and reputation.
• Network on various platforms with industry thought leaders to share and discuss best practices.
• Monitor trends and benchmark best practices nationally and internationally.

HUMAN RESOURCE MANAGEMENT

• Set performance objectives for subordinates.
• Ensure that subordinates have signed Performance Agreements.
• Conduct quarterly appraisals for subordinates.
• Draw up action plans to address poor performance for subordinates.
• Identify training needs for subordinates.
• Ensure ongoing training and development of subordinates.
• Manage employee relations with direct reports in accordance with policies, procedures and legal requirements.

MINIMUM REQUIREMENTS:

• An appropriate Degree/ or equivalent (NQF level 7) in accounting, finance, financial management.
• Postgraduate qualification in Accounting Science, Bcompt Honours, Bcom Accounting Honours or similar finance qualification recognized by SAQA.
• Ten (10) years’ experience in a financial environment, three (4) years of which must be in a middle management role.

ADDED ADVANTAGE REQUIREMENTS

• Registration with any South African relevant accounting/commerce professional bodies or voluntary association is an added advantage.
• Advanced Sage Evolution (or similar), Sage (or similar) and CaseWare practical experience is an added advantage
• Public Sector or public sector advisory experience would be advantageous