Chief Financial Officer North West

The Ditsobotla Local Municipality is actively recruiting for a Chief Financial Officer position in North West. This is an excellent opportunity for professionals in the Finance / Accounting / Audit sector looking to advance their careers.

• Experience Level: 7 years • Educational Background: Bachelor or equivalent • Industry Focus: Finance / Accounting / Audit • Location Preference: in North West

Financial professionals like Chief Financial Officer are vital for organizational stability and compliance. This role offers the opportunity to impact business strategy and financial health.

This role in Finance / Accounting / Audit offers valuable career progression opportunities aligned with your experience level and professional aspirations.

When applying for this Chief Financial Officer position, ensure your CV highlights: • Relevant experience matching the 7 years requirement • Educational qualifications in line with Bachelor • Specific achievements in the Finance / Accounting / Audit field • Any certifications or specialized training

The Finance / Accounting / Audit sector in South Africa continues to show strong demand for skilled professionals. This position represents a valuable opportunity in the current job market.

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R1 291 138 (minimum), R1 322 125 (lower), R1 353 856 (midpoint), R1 386 348 (upper), R1 419 621(maximum)

Requirements:  

Matric (National Senior Certificate);  A Bachelor’s Degree in Accounting / Finance / Economics, relevant NQF Level 7 qualification or Chartered Accountant (SA). Registration with relevant Professional body.  A minimum 7 years work-related experience of which two (2) years must be at senior management level and 5 years must be at middle management level.  A proven record of accomplishment at a management level in local government finance.  Extensive and practical experience in the local government financial environment.  Demonstrate practical experience with the implementation of the Municipal Finance Management Act, Treasury Regulations, Supply Chain Management and other related legislation governing Local Government.  A qualification in the Certificate Programme in Management Development for Municipal Finance (CPMD/MFMP) in terms of the Municipal Regulations on Minimum Competency Levels of 2007.  A valid code B driver’s license. 

Leading competencies:  

Strategic direction and leadership;  People management;  Programme and project management;  Financial management;  Change leadership;  Governance leadership.

Core Competencies:  

Strategic financial management;  Operational financial management;  Governance, ethics and values in financial management;  Financial and performance reporting;  Risk and change management;  Project management;  Legislation, policy and implementation;  Stakeholder relations;  Supply Chain Management;  Audit and assurance;  Revenue Enhancement;  Revenue Collection;  Asset Management.;  Ability to be an innovative and strategic leader. 

Reporting directly to the Accounting Officer, the incumbent shall be expected to:  Ensure the implementation of General Accounting Practice (GRAP) Standards;  Provide strategic leadership in the Finance Services Department of the Municipality;  Develop and continuously evaluate short- and long-term strategic financial objectives and ensure that internal financial targets and budgets are fully consistent with the Municipality’s IDP, SDBIP and relevant agreements with other sectors of government;  Ensure effective and efficient management and control of municipal bank accounts and investment of surplus funds;  Meet reporting requirements as required in terms of financial management legislation such as the MFMA, Treasury Regulations and the DORA;  Monitor financial risks and implement an anti-fraud and corruption strategy in collaboration with risk management;  Compile budget estimates, monthly forecasts, project planning and produce adjusted cash flows;  Participate during the preparation of the Municipality’s IDP and SDBIP to ensure effective and efficient performance;  Develop tools and systems to provide critical and operational information to the Management of the Municipality and make actionable recommendations on both strategy and operations;  Formulate creative solutions to enhance cost-effectiveness in the delivery of services and the administration of the Municipality;  Liaise with relevant role-players in the financial environment regarding transverse financial matters;  Manage all resources assigned to the incumbent and provide exemplary leadership toward a culture of Corporate Governance and Ethics; Be responsible for Financial Performance Management Reporting, Municipal Supply Chain Management, Internal and External Audits and Accountability;  Assist the Accounting Officer with other roles and responsibilities delegated to the CFO position in terms of the relevant legislation;  Effective utilisation of staff, labour relations and discipline.