Chief Financial Officer

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 companys 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.

Should you not hear from us within 21 days of the closing of the advert, kindly regard your application to have been unsuccessful.