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Home South Africa Head of Finance

Head of Finance

Full time at WePlace in South Africa
Posted on January 23, 2025

Job details

wePlace is a specialist recruiter. We find and place the best talent available in the market by headhunting individuals with specific skill sets, backgrounds and qualifications. We apply our in-depth knowledge and experience in the areas that we operate in, specifically, Information Technology, Banking, Finance, Sales and Marketing, to cater for our clients specific and individual needs.

wePlace has a diverse team with over 30 years of combined experience in Audit, Banking, Bioinformatics, Finance, Information Technology and Sales. Our dedicated team of individuals strive to find and place the best candidates in the most efficient and timely manner to make the process as smooth as possible for our clients as well as our candidates.

wePlace, with its diverse team, will continuously be looking at new and innovative solutions to all your placement needs.

wePlace is looking forward to working with you and to meet your placement requirements with the best talent available in South Africa.Summary:

The Head of Finance is a key member of the leadership team, reporting to the Chief Executive Officer, and plays a critical role in overseeing the financial health, strategic planning, and financial compliance. This role requires a finance leader who is adept at managing complex financial operations, implementing financial strategies and ensuring sound governance practices in a rapidly evolving industry. The successful candidate will provide strong leadership, vision, and guidance to the finance team, driving financial growth and operational efficiencies.

Roles and responsibilities:

Financial Strategy and Planning

Develop and execute financial strategies aligned with the company's business objectives, industry trends, and growth opportunities.

Lead long-term financial planning, including budgeting and forecasting, investment planning, and risk management, to support business sustainability and scalability.

Drive strategic cost management initiatives and optimise profitability through pricing strategies, cost-saving initiatives, and financial analysis.

Financial Reporting and Analysis

Oversee timely and accurate financial reporting, including monthly management accounts, and annual financial statements in compliance with industry standards.

Conduct comprehensive financial analyses to inform decision-making, identifying risks, opportunities, and trends in telecommunications.

Present financial results and recommendations to the executive team and board, articulating financial performance and key metrics in an understandable format.

Operational Financial Management

Ensure robust financial management of day-to-day operations, including accounts payable and receivable, billing, payroll, and cash flow management.

Drive operational efficiencies and implement improvements to streamline financial processes, reduce costs, and improve profitability.

Maintain the control environment and sure policies, procedures and compliance are maximised

Regulatory Compliance and Governance

Ensure compliance with financial regulations and standards specific to the telecommunications industry, including IFRS, and other regulatory frameworks.

Co-ordinate the annual financial planning process and work with external auditors to maintain transparency, accuracy, and accountability in financial reporting.

Manage tax compliance, policies, and procedures.

Team Leadership and Development

Lead, mentor, and develop a high-performing finance team, fostering a culture of accountability, excellence, and continuous improvement.

Collaborate with cross-functional teams, including product, technology, sales and operations, to align financial strategies with business objectives.

Act as a finance partner and advisor to executives, providing insight and support for strategic business decisions.

Stakeholders

Act as the primary point of contact for financial matters with internal and external stakeholders.

Engage with shareholders and other partners, ensuring transparent communication and alignment of financial expectations.

Skill Requirements and Personal Attributes

Education:

An Honours degree in Accounting with completed Audit Articles.

CA (SA) certification is highly advantageous.

Experience:

10+ years of experience in a senior finance role, preferably within the telecommunications or technology industry.

Skills:

Excellent financial modelling, analytical and budgeting abilities, with a solid understanding of telecommunications regulatory frameworks.

Proficient in financial software and ERP systems, with a results-driven mindset and a relentless focus on achieving optimal outcomes.

Leadership:

Demonstrated success in leading finance teams and partnering with executive management to drive strategic business decisions. A hands-on professional who thrives on actively engaging in the work and tackling challenges head-on.

Communication:

Excellent written and verbal communication skills, with the ability to convey complex financial data to non-financial stakeholders.

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