Group Chief Financial Officer at Mindworx Consulting

The successful incumbent will be responsible and accountable for the effective financial leadership of the Group and the effective management of Financial Planning and Analysis, Financial Control, Retirement funds, Banking, and Cashflow Management, Tax and CAPEX Management which are relevant to legislation under which the Board of Directors and the Executive Committee can make reasonable decisions.

Key Output:      

• Develop and implement relevant financial strategies to support the Company's business strategy/objectives
• Ensure financial policy formulation, revisions in line with best practice, legislation, and alignment with business needs as well as implementation
• Prepare the Group’s Annual Financial Statements at the end of every financial year / the interim results for the six month period that ends on 30 September every year, strictly in accordance with the timelines outlined in applicable legislation
• Prepare and submit quarterly reports to the Shareholder within thirty days of the end of each quarter of the financial year to facilitate effective performance monitoring, evaluation, and corrective action
• Ensure that proper control systems exist for assets and that preventative mechanisms are in place to eliminate theft, losses, wastage, and misuses and that stock levels are at an optimum and economic level
• Ensure that effective and appropriate steps are taken to timely collect all money due to the Group
• Coordinate the activities of external auditors
• Active participation in the strategic direction and vision of the Group and supporting all initiatives to ensure the achievement of all ambitious targets to improve the Group’s profitability
• Ensure compliance with standards of financial reporting, ethical behavior and corporate governance
• Exercising a senior executive leadership role beyond the confines of the Finance Division
• Compilation of annual capital plans and associated budgets based on evaluations of strategic investment/cost/service performance options, that will achieve the financial, service, technological and human resources objectives of the Post Office, but with due cognizance of the Boards and the Shareholder requirements
• Ensure compliance to financial and accounting policies, programmes and systems
• Serve on designated Committees, e.g. EXCO, PROCAPEX
• Serves as a non-executive Director on the Boards of subsidiaries
• Ensure the Efficient management and reporting of function/resources in accordance with the stipulations of the PFMA, BCEA, fraud prevention and risk management principles, legislation, agreements, company policies, practices, procedures, regulations, Public Entities Act, King Reports on Corporate Governance, Articles of Association, Tax Act and Companies Act

Competency Profile Managerial Position

Knowledge:

• Qualifications: Qualified Chartered Accountant (SA) (NQF Level 8), registered with SAICA
• Experience: 10 years in a senior strategic management position. Proven track record in running an entity or large division

Knowledge and understanding of:

• Understanding of public affairs / public policy
• Commercial awareness
• Understand the concept of customer satisfaction
• Strategy development, deployment, planning, and communications
• Project management (principles, practices, techniques, and tools)
• Best practices in Market
• Organizational development, management techniques, and good business practices
• Financial Management
• Value Chain Management
• Risk and Compliance management
• Relevant statutes, rules, and regulations

Skills:

• Conflict resolution and/or mediation skills
• Influencing and Negotiation skills
• Financial Management skills, i.e. budgeting, cost-benefit analysis, and business case development
• Advanced verbal and written communication, presentation and selling skills
• Conceptualization and integration skills
• Decision-making skills
• Change management
• Analytical Thinking and Research skills
• Ability to analyze complex problem situations and design effective remedial solutions
• Planning, coordination & implementation skills
• Accurate numerical computations, analytical and overall quantitative skills
• Developing and delivering business strategy (e.g. Turnaround Strategy)