Head of Finance

• Date Posted: Posted 3 weeks ago
• Location: Cape Town, Western Cape
• Job Title: Head of Finance
• Salary: R110,000
• Education Level: Bachelors Degree
• Job Level: Management
• Minimum Experience: 10 - 15 Years

A renowned international travel and tourism company is looking for a ‘’Head of Finance’’ to join their team on a full-time permanent basis at their offices in Century City, CT.

Excellent salary (subject to background and experiences) plus benefits and internal career advancement opportunities.

The Head of Finance will play a crucial role in shaping and managing the financial landscape, from compliance, forecasting, reporting, and analysis.

The successful candidate will have a proven track record of success in a scaling-up, matrix-model environment and possess the ability to integrate financial functionality seamlessly into business processes. This individual will also have a hands-on approach to aiding the company’s growth and designing teams around business processes and functionality in a matrix model environment.

The core purpose of this role is to collaborate with the other high-level industry leaders who have joined us to drive the organisation’s growth and success. The role reports to the CEO with dotted line reporting to the CFO.

Position Requirements:

• 15+ years’ experience in finance with a proven track record of success in a leadership role;
• More than 5 years’ experience as Head of Finance or in a similar leadership role reporting to the CFO or CEO;
• Your work experience is in medium to large sized companies of more than 100 employees headcount, which you have taken an active part in scaling-up and expansion growth;
• Bachelor’s degree in finance, Accounting, or a related field;
• CA (SA), CIMA or similar qualification would be a plus;
• Must prove a track record of making impact in scalable business environments experiencing rapid growth;
• Experience in the travel, hospitality industries would be useful and desirable.
• Strong understanding of financial systems, regulations, and best practices;
• Excellent analytical, strategic thinking, and problem-solving skills;
• Exceptional leadership and team management capabilities;

Job Duties and Responsibilities:

• Financial Strategy and Planning:
  • Develop, monitor, and advise financial strategies to support the company’s growth objectives;
  • Provide strategic financial insights, support and recommendations to the CEO, executive, senior leadership and process clusters team to support and guide decision-making and drive profitability and growth;
  • Facilitate the annual budgeting and forecasting process;
  • Facilitate strategic advice to process clusters in providing financial insights, analyses and guidance to support decision-making;
• Financial Operations:
  • Oversee day-to-day financial operations;
  • Oversee the development and implementation of financial policies and procedures;
  • Building out controls and processes to help facilitate better reporting and internal controls as the business grows;
  • Optimise financial processes and systems to improve efficiency and scalability;
• Business Partnership:
  • Collaborate closely with cross-functional teams to shape financial functionality around business processes;
  • Identify opportunities for cost optimisation and revenue enhancement across the organisation;
• Risk Management:
  • Identify and assess financial risks and opportunities, implementing strategies to mitigate risks;
  • Monitor compliance with financial regulations and standards, including submission of monthly ABTOT and ATOL returns;
• Financial Reporting:
  • Oversee the preparation of accurate and timely financial statements;
  • Preparation of financial reports to present to the CFO;
• Team Leadership and Development:
  • Build and coach a high-performing team that provides the right skills at the right time and place as required by the organisation’s functions and processes;
  • Provide team members with coaching and professional development opportunities to support their growth and career progression;
  • Set the right deliverables with the correct KPIs aligned with the organisation’s objectives;