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  • Posted: Jul 16, 2026
    Deadline: Jul 21, 2026
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  • SAFCOL (South African Forestry Company Limited) is the third largest state-owned company in South Africa, under the department of Public Enterprises (DPE), primarily involved in the forestry industry with operations in Limpopo, Mpumalanga, KwaZulu-Natal, as well as in the southern half (Manica and Sofala provinces) of Mozambique. SAFCOL’s mandate is; to c...
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    Chief Financial Officer

    Key Accountabilities

    • Lead the development and execution of the Group Financial Strategy, including oversight of business cases, investments, funding structures, and capital allocation, aligned to SAFCOL’s integrated business strategy.
    • Act as custodian of value creation by driving financial turnaround, cost Optimisation and revenue enhancement to strengthen organisational performance and sustainability.
    • Ensure accurate, timely, and decision-relevant consolidated financial reporting across complex entities.
    • Oversee financial planning, budgeting, forecasting, and statutory reporting while ensuring full compliance with IFRS, GAAP, PFMA, King IV principles, and applicable legislation, embedding ethical leadership and good governance across the Group.
    • Translate complex financial information into clear strategic insights for executive and Board decision-making.
    • Provide executive oversight of internal and external audit processes, strengthening audit outcomes through proactive audit management, enhanced internal controls, and the reduction of irregular, fruitless, and wasteful expenditure.
    • Lead enterprise-wide financial risk management and ensure integrity of the risk control framework.
    • Provide and oversee strategic oversight of Supply Chain Management to ensure compliance, efficiency, and value-for-money procurement aligned with public sector regulations.
    • Cultivate strategic relationships with key stakeholders, while representing the organisation in engagements with Board Committees, Parliamentary structures, investors, financiers, and other strategic stakeholders.
    • Oversee a high-performing Group finance function.
    • Enhance and optimise digitisation, automation, and continuous improvement of financial systems and reporting capabilities.

    Minimum Requirements

    • Chartered Accountant CA(SA) with SAICA registration
    • NQF Level 9 qualification (MBA, MCom, or equivalent) is highly desirable
    • Professional affiliation with bodies such as SAICA, CIMA, or IoDSA will be advantageous
    • 10–15 years’ progressive experience in financial leadership roles
    • Minimum 5 years at Executive or Senior Management level in a complex, regulated environment
    • Proven track record within a state-owned entity or public sector environment, with strong exposure to PFMA, Treasury Regulations, and governance frameworks
    • Demonstrated experience in managing large-scale, capital-intensive operations and multibillion-rand budgets
    • Proven experience in leading and delivering successful corporate turnaround and business transformation initiatives
    • Proven experience in funding and capital raising within a commercial or public sector environment
    • Proven experience in leading and delivering successful corporate turnaround and business transformation initiatives
    • Demonstrated experience in reporting to and engaging with Boards and Board Committees on strategic financial, governance, and risk matters
    • Professional membership with a recognised forestry professional body will be an added advantage

    Core Competencies

    • Strategic thinking, operational excellence, and commercial insight
    • Strong capabilities in governance, risk management, supply chain oversight, stakeholder engagement, cross-functional leadership, and change management
    • Deep expertise in financial regulation, tax, capital planning and reporting standards
    • Data analytics and performance optimisation
    • Digital transformation, systems integration, and process automation

    Leadership and Strategy

    • Visionary and transformational leadership
    • Strategic thinking and execution
    • Business growth and commercial acumen
    • Enterprise leadership and organisational transformation

    Financial and Commercial Management

    • Financial stewardship
    • Investment and capital allocation
    • Corporate finance and funding strategies
    • Revenue growth and profitability management

    Governance and Risk

    • Corporate governance expertise
    • Risk management and regulatory compliance
    • Ethical leadership and accountability
    • Board and shareholder engagement

    Stakeholder Management

    • Political acumen and stakeholder diplomacy
    • Government relations
    • Community engagement
    • Labour relations and social partnership management

    Operational Excellence

    • Operational optimisation
    • Infrastructure and capital project oversight
    • Performance management
    • Innovation and digital transformation

    Personal Attributes

    • High integrity and ethical conduct
    • Sound judgement and decision-making
    • Resilience and adaptability
    • Strong interpersonal and communication skills
    • Results-oriented and performance-driven
    • High emotional intelligence

    Preferred additional expertise

    • Public-Private Partnerships (PPPs)
    • ESG and Sustainability Reporting
    • Climate Change and Carbon Markets
    • International Trade and Market Development
    • Corporate Restructuring and Turnaround Management
    • Development Finance and Infrastructure Financing
    • Land Reform and Restitution Programmes
    • Mergers, Acquisitions and Strategic Partnerships
    • Renewable Energy and Bioeconomy Initiatives
    • Forestry Certification Systems (FSC, PEFC or equivalent)
    • Knowledge of State-Owned entity governance

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