Chief Financial Officer at FNB South Africa

Job Description
Hello, future Chief Financial Officer

Purpose of the role

• FNB Personal Core Banking offers simplistic transactional products tailored to various personal customer segments. The Chief Financial Officer will be required to lead and manage the overall finance portfolio/s for the Business Unit, ensuring professional and ethical financial standards, practices and governance, and a cohesive finance service offering that is aligned to the Business Unit and Segment strategies.
• Determine and direct financial strategy for the Business Unit in partnership with the CEO and Exco.
• Serve as an active member of the senior-management team, providing specialist support and advice that guides business decision making for short- and long-term performance and growth of the Business Unit, and ensure that financial transactions, policies and procedures meet business objectives and regulatory body requirements.

As the CFO, you will be responsible for driving customer growth and profitability by focusing on:

• Acquiring new customers
• Implementing cost-effective acquisition strategies
• Ensuring high-quality customer acquisition
• Optimizing payment solutions and customer profitability
• Retaining customers
• Managing intra-month credit solutions
• Developing effective credit and collections strategies

Key responsibilities

• Deep understanding of financial principles, including accounting, financial reporting, tax planning, budgeting and forecasting.
• Ability to align financial planning with the broader business strategy, understanding market landscapes, competition, and long-term goals.
• Proficiency in identifying, assessing and managing financial risks to ensure the company’s stability and growth.
• Participate in annual risk-based audit plan that appropriately identifies and considers the relevant and evolving business risks facing the organisation.
• Demonstrate ethical leadership and business integrity.
• Strong leaderships skills to guide the finance team and excellent communication skills to convey financial information clearly to stakeholders.
• Able to interpret complex financial data, identifying trends, and make data-driven decisions.
• Solid familiarity with financial management software and current technological advancements in finance.
• High ethical standards and integrity to ensure compliance with financial regulations and laws.
• Practice sound and ethical financial management through the technical application of financial, accounting and business knowledge.
• Strong business acumen and understands the broader business environment and how financial decisions impact the overall business.
• Develop financial strategies and supporting frameworks and execute defined strategies by translating them into financial operations.

Qualifications and Experience

• Minimum qualification: A bachelor of Honours degree in Accounting or related field
• A Masters in Commerce Finance or Business Administration will be advantageous
• Professional Certification as a Chartered Accountant (SA)
• Experience: A minimum of 10 – 15 years relevant extensive experience in finance and accounting roles.
• Proven track record of leading finance teams and managing financial operations at a senior executive level
• Experience in strategic financial planning, risk management and investment decision making.
• Strong level of proficiency of current financial management software and tools