NWDC is inviting applications for the following position. Applications close on 20 July 2021.
Chief Financial Officer
Duration of the contract: 5 Years
Purpose: The Chief Financial Officer is the spokesperson of the organisation and business partner to the Chief Executive Officer and organisational heads, assessing organisational performance against both the annual budget and the company’s long-term strategy. He/she will develop tools and systems to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations. In addition, he/she will engage the Audit and Risk and Finance and Investment Committees around issues, trends and model(s) and operational delivery and will oversee long-term budgetary planning and cost management in alignment with the company’s strategic plan, especially as the organisation considered sponsorships, potential acquisition and collaborations with external organisations. The CFO must oversee business insurance plan and health care analysis coverage.
Key Performance Areas: Prepare and maintain regular financial planning reports, monthly profit and loss by division (vs budget) and 13-week cash flow forecast. Undertake a complete analysis of financial results and develop recommendations (strategic and tactical). Develop and execute analysis of various business initiatives (e.g. open new operations, asset acquisition, new service launches etc.). Develop and maintain capital budget. Coordinate the development and monitoring of budgets. Develop financial business plans and forecasts. Participate in corporate policy development as a member of senior management team. Engage the Finance and Investment Committee of the Board of Directors to develop short, medium and long term financial plans and projections. Represent the company to financial partners, including financial institutions, investors, financial executives, auditors, public officials etc. Ensure timelines, accuracy and usefulness of financial and management reporting to state funders, foundations and the Board of Directors. Oversee the preparations and communication of monthly and annual financial statements. Coordinate audits and proper filing of tax returns. Ensure legal and regulatory compliance regarding all financial functions. Ensure an unqualified audit outcome as a minimum requirement. Supervise all finance personnel. Manage vendor relations. Set up and oversee company finance IT systems.
Requirements: Matric plus a 4-year B.Com Degree (Accounting), practising CA (SA). At least a minimum of 10 years’ exposure to broad management or executive level. Good knowledge and understanding of PFMA requirements, leadership ability. Team management and interpersonal skills. High ethical behaviour. In-depth knowledge of corporate financial law and risk management practices. Excellent knowledge of data analysis and forecasting methods. Proficient in the use of MS Office and any financial system.
Note: The successful candidate will be required to sign a Performance Agreement Contract.
The NWDC is committed to the achievement and maintenance of diversity and equity in employment, especially regarding race, gender, and disability.
Interested persons are requested to forward detailed CVs, cover letters and relevant certified academic qualifications to email firstname.lastname@example.org.
Enquiries may be directed to Ms Phemelo Matli (HR Manager) 018 381 3663.
Closing date: 20 July 2021.
No late applications will be considered.
Due to Covid-19, no hand-delivered applications will be received. Should you not hear from us 30 days after the closing date, please consider your application as unsuccessful. The onus lies with the applicant to ensure all foreign qualifications are verified by SAQA.
NWDC reserves the right not to appoint.