Chief Financial Officer at Gauteng Gambling Board

Reference Number: Position 1

Purpose And Overall Responsibility: To provide oversight and management of the financial management and management accounting, asset and supply chain management functions of the Gauteng Gambling Board (GGB) thereby minimizing financial risks and managing the sustainability of the organization.
Qualifications Required and Experience:
Qualification:

• Degree in Finance or Accounting and a Masters degree (NQF 9)
• Registered with a professional accounting body will be added advantage.

Experience:

• A minimum of 5 years’ experience in gambling industry.
• Minimum 10 to 15 years of financial management experience in the public sector, with at least 7 years of experience in the senior management level.

Key Performance Areas:

• Direct the financial strategy of the Gauteng Gambling Board to ensure compliance with Legislated Prescripts
• Contribute to effective financial decision-making, implementation, and reporting to the Accounting Authority and its Committees
• Ability to advise the Accounting Authority on revenue enhancement and cost optimisation opportunities
• Prepare monthly management accounts and financial statements and ensure compliance with all relevant statutory requirements, regulations, and standards
• Manage the budget process (annual, capital, and MTEF) while contributing to effective strategic planning systems and ensuring timely management reporting
• Oversee all accounting records, General Ledger, and reporting systems and ensure compliance with the appropriate accounting standards, regulatory and audit requirements
• Ensure effective financial and risk management and proactively manage internal audit and external audit activities
• Oversee the Fixed assets and Payroll function within the Gauteng Gambling Board
• Ensure implementation and updating of financial policies within the Gauteng Gambling Board
• Ensure that the Supply Chain Management (SCM) Unit within the Gauteng Gambling Board operates within the relevant legislation and internal policies and procedures
• Liaise with the Shareholder and other stakeholders.
• Provide executive support to the CEO and participate in special and adhoc projects as required and/or delegated