Chief Financial Officer Job at Community Schemes Ombud Service

Job Description

• Provide strategic leadership to the Division
• Ensure effective financial planning, budgeting and preparation of annual financial statements.
• Co-ordination and preparation of strategic financial plan i.e. Budgets & Forecasts for the CSOS.
• Drive Business Intelligence – structure, interpret Data and implement processes into the CSOS’s operations, building a clear roadmap of the direction the business needs to take to achieve its financial objectives.
• Lead the implementation and maintenance of an effective system of expenditure control
• Oversee the formulation of an effective revenue management strategy
• Co-ordination and preparation of strategic financial plan i.e. Budgets & Forecasts
• Develop and consolidate the five (5) year and annual budgets that supports the overall CSOS Strategic Plan and annual business plan.
• Responsible for implementing and monitoring effective financial and risk control systems
• Oversee the management of Supply Chain Processes and CSOS Assets
• Oversee the integrated internal control framework (systems, policies, and processes)
• Ensure the preparation of monthly accounting records in line with generally acceptable accounting standards, practices and procedures.
• Oversee the financial reporting of the CSOS to the Shareholders
• Carry out financial risk assessments
• Plan and coordinate both the internal and the external audits
• Manage company compliance to laws and regulations i.e. Financial (IFRS), GRAP, Company (Companies Act), Taxation (Income Tax Act), Exchange Control and liaise with the relevant stakeholders.
• Proactively introduce improvement opportunities in line with best practice to optimise business success.

Behavioral Competencies:

• Conflict management
• Negotiation
• Planning
• Analytical skills
• Decision-making skills
• Assertive
• Attention to detail/Accuracy
• Honesty and Integrity
• Decisiveness
• Service oriented

Job Requirements

• A minimum NQF level 8 formal qualification in Financial Management / Accounting or related.
• Chartered Accountant (CA(SA).
• A minimum of 7-12 years’ experience at senior management and executive level in Finance or Financial Accounting, especially within large/ national entity and/or public sector organisation.
• A Master’s Degree / MBA / MBL or equivalent will be an added advantage.
• Knowledge of financial and management accounting and tax.
• Knowledge of supply chain management framework.
• Knowledge of financial reporting and preparation of annual financial statements.
• Knowledge of PFMA, Treasury Regulations, GRAP, IFRS, CaseWare, Income Tax Act and other statutory requirements.
• Knowledge of good governance.
• General knowledge of broader political, economic and social environment.
• Advanced MS Office (Word, Excel, and PowerPoint).
• Accounting, asset, financial reporting and payroll packages.
• Policy Development.
• Budgeting