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SOUTH AFRICAN POST OFFICE (SAPO) - CHIEF FINANCIAL OFFICER
SOUTH AFRICAN POST OFFICE (SAPO)
Internal/External
Head Office Pretoria
Chief Financial Officer
A challenging environment with great opportunities
The position will be responsible and accountable for the effective financial leadership of the Group and the effective management of Financial Planning and Analysis, Financial Control, Retirement funds, Banking and Cash flow Management, Tax and CAPEX Management with due cognisance of the different stakeholder, relevant legislation under which the Board of Directors and the Executive Committee can make the necessary resolutions / decisions, in accordance with accepted principles / procedures and the Delegation of Authority.
Key Outputs
Develop and implement relevant financial strategies to support SAPO’s business strategy/objectives
Ensure financial policy formulation, revisions in line with best practice, legislation and alignment with business needs as well as implementation
Prepare the Group’s Annual Financial Statements at the end of every financial year / the interim results for the six month period that ends on 30 September every year, strictly
in accordance with the time lines outlined in applicable legislation
Prepare and submit quarterly reports to the Shareholder within thirty days of the end of each quarter of the financial year to facilitate effective performance monitoring, evaluation and corrective action
Ensure that proper control systems exist for assets and that preventative mechanisms are in place to eliminate theft, losses, wastage and misuses and that stock levels are at an optimum and economic level
Ensure that effective and appropriate steps are taken to timely collect all moneys due to the Group
Coordinate the activities of external auditors
Active participation in the strategic direction and vision of the Group and supporting all initiatives to ensure the achievement of all ambitious targets to improve the Group’s profitability
Ensure compliance with standards of financial reporting, ethical behaviour and corporate governance
Exercising a senior executive leadership role beyond the confines of the Finance Division
Compilation of annual capital plans and associated budgets based on evaluations of strategic investment/cost/service performance options, that will achieve the financial, service, technological and human resources objectives of the Post Office, but with due cognisance of the Boards and the Shareholder requirements
Ensure compliance to financial and accounting policies, programmes and systems
Serve on designated Committees, e.g. EXCO, PROCAPEX.
Serves as a non-executive Director on the Boards of subsidiaries
Ensure the Efficient management and reporting of function / resources in accordance with the stipulations of the PFMA, BCEA, fraud prevention and risk management principles, legislation, agreements, company policies, practices, procedures, regulations, Public Entities Act, King Reports on Corporate Governance, Articles of Association, Tax Act and Companies Act. etc.
Do you have the following?
Qualified Chartered Accountant (SA) (NQF Level 8), registered with SAICA 10 years in senior strategic management position. Proven track record in running an entity or large division Knowledge and understanding of public affairs / public policy; Commercial awareness; Strategy development; Financial Management; Risk and Compliance management and Relevant statutes, rules and regulations.
Coordinate the activities of external auditors
Active participation in the strategic direction and vision of the Group and supporting all initiatives to ensure the achievement of all ambitious targets to improve the Group’s profitability
Ensure compliance with standards of financial reporting, ethical behaviour and corporate governance
Exercising a senior executive leadership role beyond the confines of the Finance Division
Compilation of annual capital plans and associated budgets based on evaluations of strategic investment/cost/service performance options, that will achieve the financial, service, technological and human resources objectives of the Post Office, but with due cognisance of the Boards and the Shareholder requirements
Ensure compliance to financial and accounting policies, programmes and systems
Serve on designated Committees, e.g. EXCO, PROCAPEX.
Serves as a non-executive Director on the Boards of subsidiaries
Ensure the Efficient management and reporting of function / resources in accordance with the stipulations of the PFMA, BCEA, fraud prevention and risk management principles, legislation, agreements, company policies, practices, procedures, regulations, Public Entities Act, King Reports on Corporate Governance, Articles of Association, Tax Act and Companies Act. etc.
Do you have the following?
Qualified Chartered Accountant (SA) (NQF Level 8), registered with SAICA 10 years in senior strategic management position. Proven track record in running an entity or large division Knowledge and understanding of public affairs / public policy; Commercial awareness; Strategy development; Financial Management; Risk and Compliance management and Relevant statutes, rules and regulations.
To apply please send your CV to thembin@mindworx.co.za.
Contact Person: Thembi Nkosi
Contact number: 011 484 4747/8
Closing Date: 15 January 2020
Position Number: 60007245
The South African Post Office is committed to the achievement and maintenance of diversity and equity in employment, especially with regard to race, gender and disability. Only shortlisted candidates will be contacted. If you do not hear from the South African Post Office within 3 months, please accept that your application was unsuccessful. The South African Post Office Limited reserves the right to re-advertise or withdraw this position at any time.