Chief Financial Officer (JB946)
Northern Suburbs, Cape Town
R1.2M per annum + performance bonus

This well-established organisation has a diverse portfolio of businesses within their group, they believe in investing in their staff, training with the view of promotion and fostering an environment that is team orientated.

The current opportunity is within their consumer finance leg of the organisation therefore previous experience in consumer finance or unsecured lending is desirable. You should be able to manage existing business and generate new business in profit centres of the group with the ability to identify associated risks with expansion options.
Identify and drive new market opportunities, develop new strategies to grow revenue and profits in the business
Continuously analyse and improve the company’s consumer lending policies as well as identifying and minimising risk
Onboard new corporate clients, structure finance agreements and manage negotiations
Credit and Risk management (Regulatory & Compliance)
Assessment of new credit applications as well as the re-assessment of declined applications
Project Management
Budgeting and Forecasting
Product costing: Calculate total production, selling, distribution and admin costs
Calculate fixed and variable costs for projects and make suggestions on the best strategies to implement
Activity Based Costing
Perform break-even analysis and calculate selling prices by applying the correct mark-ups or margins
Profit and Loss Analysis
Familiar with the concept of cost-volume profit
Weekly and Monthly divisional reporting
Assist with expansion of business units into other African countries
Management of existing product distributors for one of the group companies
Inventory Management
Fixed asset management
Knowledge of taxation laws
Minimum requirements
BCom Degree or equivalent
Minimum of five years’ experience in a senior management role
Understanding of the National Credit Act (NCA) and its application to unsecured lending
Understanding of the Insurance Act (Long Term Insurance and Financial Sector Regulation Act)
Good understanding of the consumer credit or unsecured lending industry
Proven experience in a business development role
Excellent management skills with the ability to lead a team