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ITHALA DEVELOPMENT FINANCE CORPORATION - GROUP CHIEF FINANCIAL OFFICER
ITHALA DEVELOPMENT FINANCE CORPORATION
GROUP CHIEF FINANCIAL OFFICER – FL
GROUP FINANCE DEPARTMENT
ITHALA TRADE CENTRE
REFERENCE NUMBER: ANB21055
Reporting to the Group Chief Executive Officer, the Group Chief Financial Officer will advise and provide strategic direction on long-term business and financial planning as well as direct processes for policy implementation, financial forecasting and budgets, and overseeing the preparation of all financial reporting.
The Group Chief Financial Officer will:
• Develop and lead implementation of the business unit’s strategic and operational plans, policies, and procedures.
• Manage and direct procedures and processes associated with preparation, consolidation and performance evaluation of the organisation’s capital and operating budgets and financial statements.
• Ensure financial sustainability and viability of IDFC by proper management of budgets.
• Provide financial advice in relation to the organisation’s overall financial position, financial viability and financial sustainability.
• Align capital and operating budgets estimations with the key deliverables and organisational priorities, present budgets for inclusion into committee and board presentation for final approval.
• Prepare and submit budget statement to Treasury or equivalent within stipulated time frames.
• Manage and oversee implementation of the accounting systems and functions.
• Lead and oversee effective reporting frameworks within the organisation.
• Support Human Capital Management in terms of Payroll Management.
• Ensure that all audit (Internal and external) matters are addressed timeously, providing necessary documentation as and when needed.
• Lead mobilisation of funding for approved projects and ensure that funds are invested in accordance with the investment policy and monitor performance/risks associated with investments.
• Ensure that procurement planning takes place and ensure compliance with relevant legislation.
• Ensure IDFC has an established and effective supply chain management system.
• Build and create strategic partnerships with all key stakeholders for IDFC.
• Manage Human Capital.
The following minimum requirements should be met in order to be considered:
• Qualified Chartered Accountant.
• Ten (10) years’ experience in a Senior Financial Accounting and Treasury role, of which seven (7) years should be at Senior Management/Strategic Level.
• Three (3) years of exposure in Supply Chain Management function would be desirable.
• In dept knowledge of finance management in a Development Finance Institution (DFI’s) would be advantageous.
Requisite Functional Competencies
• Computer Literacy (MS Office).
• Knowledge and experience in financial planning and forecasting.
• Knowledge and understanding of Public Financial Management Act.
• Knowledge of corporate government principles.
• Knowledge of risk management concepts, frameworks and methodology.
• Working knowledge of computerised systems (ERP systems).
• Knowledge of relevant legislation e.g., Banks Act, FAIS, FICA, and NCA.
• Knowledge and application of finance management in the Development Finance Institution.
• Knowledge of Fraud prevention strategies.
• Knowledge of financial modelling.
• Ensure that all audit (Internal and external) matters are addressed timeously, providing necessary documentation as and when needed.
• Lead mobilisation of funding for approved projects and ensure that funds are invested in accordance with the investment policy and monitor performance/risks associated with investments.
• Ensure that procurement planning takes place and ensure compliance with relevant legislation.
• Ensure IDFC has an established and effective supply chain management system.
• Build and create strategic partnerships with all key stakeholders for IDFC.
• Manage Human Capital.
The following minimum requirements should be met in order to be considered:
• Qualified Chartered Accountant.
• Ten (10) years’ experience in a Senior Financial Accounting and Treasury role, of which seven (7) years should be at Senior Management/Strategic Level.
• Three (3) years of exposure in Supply Chain Management function would be desirable.
• In dept knowledge of finance management in a Development Finance Institution (DFI’s) would be advantageous.
Requisite Functional Competencies
• Computer Literacy (MS Office).
• Knowledge and experience in financial planning and forecasting.
• Knowledge and understanding of Public Financial Management Act.
• Knowledge of corporate government principles.
• Knowledge of risk management concepts, frameworks and methodology.
• Working knowledge of computerised systems (ERP systems).
• Knowledge of relevant legislation e.g., Banks Act, FAIS, FICA, and NCA.
• Knowledge and application of finance management in the Development Finance Institution.
• Knowledge of Fraud prevention strategies.
• Knowledge of financial modelling.
All Short-listed applicants will be subjected to assessments, references and credit checks.
ITHALA EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT
CLOSING DATE: 27 SEPTEMBER 2021
INTERESTED APPLICANTS MUST FORWARD A DETAILED CV; CERTIFIED COPIES OF QUALIFICATIONS AND ID DOCUMENT BY E-MAIL TO HR_recruitment4@ithala.co.za.
KINDLY ALSO INCLUDE A MOTIVATION OF HOW YOU MEET EACH OF THE ENTRY REQUIREMENTS LISTED ABOVE AND QUOTE THE REFERENCE NUMBER FOR THE POSITION.
PLEASE NOTE:
• LATE APPLICATIONS AND APPLICATIONS WITH NO REFERENCE NUMBER WILL NOT BE CONSIDERED.
• E-MAIL USERS ARE REQUESTED TO SET THE DELIVERY OPTION ON BOTH “RETURN RECEIPT” AND “CONFIRM DELIVERY”.
• CORRESPONDENCE WILL BE LIMITED TO SHORT-LISTED CANDIDATES. ALL SHORT-LISTED APPLICANTS WILL BE SUBJECTED TO ASSESSMENTS, REFERENCE AND CREDIT CHECKS. IF YOU HAVE NOT BEEN CONTACTED WITHIN 1 MONTH OF CLOSING DATE OF THE ADVERTISEMENT, PLEASE ACCEPT THAT YOUR APPLICATION HAS BEEN UNSUCCESSFUL.