Chief Financial Officer

Job Description

• An industry leader in the cosmetic manufacturing industry which is based in the Gauteng Province is recruiting an experienced and skilled Chief Financial Officer.
• The CFO provides strategic financial leadership, safeguards the organisation's assets and ensures the integrity of financial reporting and internal controls.

Experience

• The successful incumbent must possess at least seven 7 years' experience within a financial constituency and pertaining to an executive managerial level.

Formal qualifications

• A degree in Finance/Management Accounting
• A relevant post graduate degree in Finance/Management Accounting
• Master of Business Administration MBA or similar post-graduate qualification will be advantageous
• Registered with the South African Institute for Chartered Accountants SAICA

Responsibilities

• Ensure development and monitoring of financial policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced operating costs and income generation.
• Working with team on innovative ways to increase profitability
• Managing ways in which capital is raised
• Overseeing and supporting short and long-term strategic planning
• Directing the company's financial advisors
• Assisting in numerous financial tasks and projects
• Formulate and regularly review management procedures and policies
• Establish an internal audit, risk management function and monitor assessments to ensure compliance with formal systems
• Configure and manage the electronic financial systems to ensure security and optimal utilisation
• Establish and implement a corporate governance system within the organisation
• Oversee the maintenance of the inventory of all fixed assets, including assets purchased, and ensure that all are in accordance with International and South African legislation.
• Responsible for developing and monitoring a system of internal controls to adequately safeguard financial resources.
• Manage the preparation of the annual budget.
• Develop and implement the organisation's financial goals and objectives.
• Oversee the investment of funds and manage associated risks.
• Understand and mitigate key elements of the company's risk profile.
• Maintain appropriate insurance cover.
• Approve monthly bank reconciliations.
• Manage the preparation of monthly management accounts and other informational reports and analyses.
• Review financial results and highlight future needs and trends.
• Ensure underlying accounting records are accurate, complete and in line with legislative provisions.
• Review monthly operating reports for accuracy, completeness and major variances between actual and budget results.
• Prepare quarterly and annual fair value reports.
• Prepare summaries and forecasts for future business growth and the general economic outlook.
• Provide the CEO and Board of Directors with accurate and timely communication of financial issues.

Inherent requirements and skills applicable to this vacancy

• Excellent management skills - experience in managing teams and also in relation to high-level stakeholder management
• Solid experience and understanding of financial control frameworks and methodologies
• Solid experience in the IFRS reporting Framework
• Knowledge of SA legislation, and Income Tax Act;
• Knowledge of Companies Act
• Proven experience in People management
• Demonstrable experience in managing a strategic relationship management
• Experience leading lender negotiations, managing debt covenants, and engaging with development finance institutions and commercial lenders.
• Regulatory reporting experience
• Working knowledge of supply chain management governance, including the PPPFA framework.
• Proven fundraising skills and experience
• High level of business insight and commercial acumen
• Good knowledge of all corporate and institutional banking products
• Experience in conducting presentations to diverse groups of internal and external stakeholders
• Policy formulation and review
• Analytical, organisational and report writing skills
• Strong financial budgeting, planning, and execution skills
• Re-engineering, project, and process change skills would be desirable
• Strong interpersonal and communication skills
• Ability to lead the overall Finance and any other teams assigned
• Excellent teamwork and project management skills
• Ability to think strategically, operate, and communicate at all levels
• Integrity and confidentiality in handling information
• Independence of judgement; willingness to raise matters with the CEO, ARC and Board where appropriate;
• Ability to maintain professional skepticism in the conduct of the role.
• Experience in audit firm appointment and rotation processes, including RFP design, IRBA registration verification, and independence assessment of audit firms.
• Appointment subject to fit-and-proper assessment; annual declaration of personal financial interests under Companies Act s.75; obligation to disclose any interests in a counterparty or supplier of the company
• Identifying and understanding challenges, problems and opportunities by finding solutions
• Attention to detail
• Extensive knowledge in financial management regulatory and legislative framework
• Extensive knowledge of management accounting principles, methodologies and procedures
• High proficiency in computer programs Excel, Word, Dear Inventory, Xero accounting
• Code B licence
• Own vehicle

Closing Date 10 September 2026