Chief Financial Officer at Lesedi Nuclear Services Pty Ltd

PURPOSE OF ROLE

Lesedi seeks an exceptional Chief Financial Officer (CFO) to play a vital role in steering the financial direction of the company. The CFO will have a broad mandate to oversee all financial aspects of the company, serve as a strategic advisor to the executive team, and ensure that financial strategies align with our long-term objectives. This strategic role demands not only financial acumen but also a visionary leadership approach to support and lead our growth and operational excellence.

KEY PERFORMANCE AREAS

Strategic Financial Leadership:

• Lead all aspects of the company's financial functions, including monthly financial reporting, revenue management, and cost analysis.
• Ensure robust financial systems and controls are in place, reviewing processes and internal controls for continuous improvement.
• Provide detailed financial information for executive decision-making and board reviews, including budgets, reforecasts, and strategic financial planning.
• Oversee cash flow, cash management, working capital, and company audits.
• Prepare financial analyses for contract negotiations and product investment decisions.

Regulatory Compliance and Reporting:

• Ensuring legal and statutory compliance, including IFRS compliance, tax filings, STATS SA returns, and BBBEE audits.
• Maintain diligent oversight of financial audits, CIPC duties, and compliance with all regulatory bodies like FICA and SARB.
• Ensure robust financial systems and controls are in place, reviewing processes and internal controls for continuous improvement.

Strategic and Operational Finance:

• Drive the treasury function, managing cash flow forecasts and the strategic management of debtors and creditors to enhance financial terms and operations.
• Evaluate and advise on new business opportunities, tenders, and potential acquisitions, ensuring competitive pricing and optimal investment strategies.

Stakeholder and External Relations:

• Act as the primary financial interface for banks, financial institutions, auditors, and regulatory authorities.
• Manage relationships with key stakeholders including DTI, Eskom, investors, and shareholders, ensuring transparent communication and strategic alignment.

Technology and System Oversight:

• Guarantee the effective management of the company’s ERP system, maximizing functionality and overseeing external support services to ensure system efficiency and reliability.
• Have oversight of the company’s IT department, aligning IT infrastructure and strategy with business objectives to enhance operational efficiency and innovation.

QUALIFICATION AND EXPERIENCE

• CA (SA) or similar qualification
• At least 10 years post articles experience preferably in the project engineering / EPC or energy sector, supported by at least 5 years demonstrable experience in a senior role with proven decisive leadership qualities.

COMPETENCIES

Skills:

• Strategic Financial Management
• Analytical skills
• Leadership and Team Management
• Excellent Communication
• Technical proficiency

Knowledge:

• Understanding of local and international financial regulations, compliance requirements, and best practices in corporate governance.
• Deep knowledge of International Financial Reporting Standards (IFRS), local tax laws, and other relevant financial regulations.
• Understanding of capital investment decisions, funding strategies, and cash flow management pertinent to corporate operations and expansions.
• Expertise in all aspects of accounting, from operational accounting to creating comprehensive financial statements.
• Knowledge of IT systems management, particularly ERP systems, which are critical for financial data processing and reporting.

Behaviours

• Uphold the highest standards of integrity and ethics, especially in financial reporting and compliance.
• Takes initiative and anticipates potential challenges or opportunities, preparing strategies to address them efficiently.
• Ability to manage stress effectively and adapt to a rapidly changing environment.
• Meticulous attention to detail in all aspects of financial management and reporting.
• Strong ability to work collaboratively across different departments and with external stakeholders to achieve business goals.
• Sees the bigger picture and aligns financial management strategies with broader company objectives.