The successful candidate will play a crucial role in the Rail / Engineering Industry, combining strategic financial leadership underpinned by a strong technical understanding of financial accounting principles as well as financial legislation such as PFMA etc. Position Title: Chief Financial Officer (CFO) Industry: Engineering, Rail Sector Reporting to : CEO High-Level Requirements: Proven experience as a CFO in engineering or related industries. Strategic financial leadershipExperience working in a project environment.Technical proficiency to navigate complex financial structures and systems.Excellent analytical and problem-solving skills.Strong communication and leadership abilities.Demonstrated ability to drive financial performance and contribute to overall business strategy.Relevant educational qualifications, such as a professional accounting designation (e.g. CA(SA), CIMA).DUTIES:Financial Planning and Analysis (FP&A):Develop and oversee the company's financial planning processes.Analyze financial performance and create forecasts, budgets, and financial models.Ensure accurate and timely preparation of financial statements in accordance with relevant accounting standards. Communicate financial results to stakeholders, including the directors, investors, and management.Cash Management:Monitor cash flow and liquidity to ensure the company meets its financial obligations. Implement strategies to optimize cash resources.Identify and assess financial risks. Develop risk mitigation strategies and ensure compliance with regulatory requirements.Costing of Products/Services:Determine the cost of specific parts, understanding both direct and indirect costs involved in the process. Allocate overhead costs to specific products or services based on a systematic method, allowing for a more accurate determination of product/service profitability.Inventory Valuation:Establish accurate values for inventory items, considering direct material costs, direct labor costs, and allocated overhead.Treasury Functions:Manage relationships with banks and financial institutions.Oversee investment strategies and optimize returns on surplus funds.Ensure compliance with relevant financial regulations and standards.Collaborate with auditors and manage the audit process.Cost Management:Analyze and control costs to improve efficiency and profitability.Implement cost reduction initiatives when necessary.Tax Management:Develop and implement tax strategies to optimize the company's tax position.Ensure compliance with tax regulations.Capital Structure and Financing:Evaluate and recommend financing options.Manage the company's capital structure to optimize financial performance.Mergers and Acquisitions (M&A):Assess potential mergers, acquisitions, or divestitures.Oversee due diligence processes and negotiate financial terms.Financial Systems and Technology:Implement and manage financial systems and technologies to improve efficiency.Ensure the integrity and security of financial data.Internal Controls:Develop and maintain internal controls to safeguard company assets and ensure accurate financial reporting.Monitor compliance with internal control policies.Investor Relations:Communicate with investors and analysts regarding financial performance.Participate in earnings calls, investor presentations, and conferences.Strategic Financial Leadership:Provide strategic financial guidance to the CEO and board of directors.Contribute to the development and execution of the company's overall strategy.Management of Finance Team:Lead a high-performing finance function.Provide mentorship and guidance to finance professionals.#J-18808-Ljbffr
