Job Purpose
- The CFO is tasked with providing executive financial leadership and governance to South African Airways Technical (SAAT). This includes developing, implementing, and overseeing a sustainable financial strategy designed to support long-term organizational viability, drive operational excellence, ensure regulatory compliance, and deliver value to the shareholder. The role operates within a complex, asset-intensive Maintenance, Repair, and Overhaul (MRO) environment.
Principal Accountabilities
To provide strategic financial leadership and oversight in support of SAAT’s corporate and technical strategy:
- Develop, implement and continuously refine SAAT’s integrated financial strategy, operating model and financial governance framework, aligned to the SAA Group strategy and shareholder expectations
- Act as a strategic business partner to the CEO and Executive Committee, providing forward-looking financial insights to support strategic and operational decision-making
- Serve as an ex-officio member of the SAAT Board, contributing to strategic oversight, risk governance and financial stewardship
To ensure financial sustainability, liquidity management and capital optimisation across the organisation:
- Lead enterprise-wide financial planning, budgeting, forecasting and long-term financial modelling to support business growth and sustainability
- Oversee cash flow management, treasury operations, funding strategies and capital allocation to ensure liquidity and financial resilience
- Evaluate and approve capital investment proposals, business cases and return-on-investment assessments for major MRO programmes and infrastructure initiatives
To drive financial performance, cost discipline and value creation within a high-cost MRO operating environment:
- Establish and enforce robust cost management, cost recovery and pricing governance frameworks aligned to MRO operational realities
- Monitor and improve financial performance indicators, including revenue, EBITDA, margin performance and asset utilisation
- Identify and address emerging financial risks and performance gaps through proactive intervention and corrective action
To ensure sound financial governance, compliance and assurance in line with legislative and regulatory requirements:
- Ensure full compliance with PFMA, King IV, IFRS, GAAP, Treasury Regulations and other applicable legislation
- Oversee internal and external audit processes and drive the reduction of audit findings and control deficiencies
- Strengthen internal control environments, financial policies and reporting disciplines across the organisation
To provide leadership and oversight of the Finance function in order to ensure it is fit-for-purpose and future-ready:
- Structure and resource the Finance division to effectively support SAAT’s operational, commercial and strategic objectives
- Drive continuous improvement in financial systems, reporting, forecasting accuracy and decision-support capability
- Lead and develop senior finance leaders to ensure succession, capability depth and executive-level financial competence
To manage key stakeholder relationships in support of SAAT’s strategic and financial objectives:
- Engage with shareholder representatives, regulators, lenders, auditors, suppliers and strategic partners on all financial and governance matters
- Represent SAAT in financial engagements at Group, Board, regulatory and funding forums
- Maintain credibility and confidence with internal and external stakeholders through transparent, accurate and timely financial reporting
To manage the department's human resources in line with SAAT's HR policies and procedures:
- Recruit resources at management roles as per the departmental staffing demand
- Identify the training needs of direct reports and oversee their development in order to ensure and maintain competence
- Develop performance contracts for all direct reports in line with SAAT's strategic objectives, conduct performance appraisals to measure productivity and meet objectives
- Initiate appropriate Labour Relation action within the department and chair hearings where necessary
- Motivate employees within the department to ensure high morale and improve productivity
- Adhere to all HR policies and procedures
Qualifications & Experience
- Registration as a Chartered Accountant – CA(SA) SAICA is essential
- Postgraduate qualification in Finance, Accounting or a related field
- A minimum of 12 years’ senior financial leadership experience, gained within complex, regulated and asset-intensive environments, which may have been gained simultaneously
- At least 5 years experience at Executive or ExCo level, with demonstrated accountability for:
- Enterprise-wide financial strategy
- Large-scale CAPEX and OPEX management
- Liquidity, treasury and funding oversight
- Board and shareholder engagement
- Demonstrated experience in Aviation, MRO, engineering, logistics or manufacturing sector exposure will be a strong advantage
- Proven track record in:
- Financial turnaround and sustainability
- Treasury, funding and liquidity management
- Board and shareholder engagement
- Leading large, multi-disciplinary finance teams
Knowledge and Skills
- Strategic financial leadership
- Aviation / MRO financial acumen
- Financial governance, risk and compliance
- Treasury, Funding and Liquidity Management
- Financial Modelling, Forecasting and Scenario Planning
- Capital Investment and Business Case evaluation
- Executive stakeholder and board engagement
- Financial systems and Performance Management
- Change leadership within complex organisations
Attributes
- Demonstrate the SAAT values: Customer Focus; Accountability; Integrity; Safety; Excellence In Performance; Valuing Our People
- Impact and influence
- Organisational awareness
- Resilience and decisiveness
- Teamwork and collaboration
- Analytical and conceptual thinking
- High integrity and ethical leadership
- Strategic judgement and executive maturity
Deadline:17th February,2026
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