Chief Financial Officer (Contract) - Femminit Recruitment, Durban

  • Durban
  • Salary: Market Related
  • Job Type: Contract
  • Posted by Femminit Recruitment on Friday, March 15, 2019
  • Reference: SJ: CFO
  • Apply before Wednesday, March 20, 2019 -

Vacancy Details

Employer: Femminit Recruitment

The successful incumbent will be responsible for: 

The full financial function within the organisation including financial reporting

Preparation of management and statutory information for both internal and external stakeholders

Treasury management and risk management

The individual will be expected to implement the principles of good corporate governance and participate and contribute to investment and strategic decision-making.

Scope of Work

Develop and implement the organizational financial plans in alignment with the approved organizational strategy.

Provide effective financial control and leadership to the Company whilst working as an integral part of the team.

Ensure the existence of robust financial risk management strategies and policies to mitigate against risks that face the company 

Implement continuous financial auditing and control systems to evaluate and monitor organizational performance.

Prepare and present the annual financial statements and other related reports.

Report on operational activities, efficiencies, and variances in line with laws, regulations and policy.

Implement and ensure compliance with accounting standards and policies as well as best practices that are suitable to the Company 

Prepare annual budget and consolidative business unit budgets, financial and business plans, feasibility studies and other operational plans for approval by the Board.

Monitor and report on all accounting irregularities, non compliance and gaps which are related to financial systems and processes (actual and potential), and recommend corrective measures.

Manage service level agreements with suppliers including accountants and auditors, consultants, underwriters, etc.

Develop and maintain working relationships with other financial institutions and regulatory bodies to operationalise working plans and corporate governance.

Develop and continuously improve accounting systems including software and other financial communication systems.

Initiate and engage in all manner of activities that will ensure financial health, growth and achievement of business goals.

Attract, develop, and retain talented staff including fostering of a high performance culture.


Be a catalyst for change.

Required Skills

  • banking : 6 to 7 years
  • financial managment : 10 years or more
  • Senior Executive : 7 to 8 years

Candidate Requirements

Postgraduate tertiary qualification in commerce and banking or equivalent.

A Chartered Accountant with at least seven (7) years related senior executive experience preferably in a banking environment.

Knowledge, insight and experience in facilitating the effective management of the treasury function.

Knowledge of computerized systems (ERP Systems).

In depth knowledge and application ability of finance management and development.

Diplomacy, discretion, negotiation, analytical and problem solving skills.

An intimate understanding of the organization together with an appreciation of its strategic objectives, policies and procedures.

A proven record of a successful career in financial management.

Well-developed presentation and negotiation skills.

Thorough knowledge of relevant legislation like Banks Act, PFMA, etc.

Experience and ability to improve organizational efficiencies and improve returns from existing businesses.

High financial skills and acumen to compile, manage and report on financial status of the division

The ability to perceive and understand the true nature of a commercial opportunity in a competitive market and to develop strategies to harness the opportunity, specifically within the KZN environment.

Honesty, integrity and good business ethics.

Apply before Wednesday, March 20, 2019 - Companies may expire jobs at their own discretion. If you have not received a response within two weeks, your application was most likely unsuccessful.
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About Femminit Recruitment

Femminit Consulting was established in November 2010, as a Permanent Recruitment Service Provider to the MINING and IT industries.

We now operate as both an HR Services Company with Recruitment to all industries as our core business function.

Our clients requested assistance with Industry specific positions and HR services; we took on the challenge and recruited the best Talent Acquisition Specialists and HR Consultants to make this possible.

We endeavor to provide a professional service by sourcing professionals who make a valued contribution and regard their careers as platforms to excel; our clients are businesses providing opportunities for growth and stability for their employees.

We understand that people are different, have different needs and define success differently and it is therefore our objective to know our applicants and clients well.

We operate in accordance with the highest standards of integrity in order to command the respect of all our clients and business community at large.

The Femminit Consulting Team consists of four HR Professionals who collectively have more than 10 years of Recruitment Industry and HR experience.

Femminit Consulting is 100% Black Female Owned and Managed.

Our Account Managers are responsible for each of our divisions. By this, we ensure that complete control and specific attention is given to each division.