Fractional CFO

In brief

Overview This is a remote, fractional position with RecruitMyMom, starting at approximately 4 to 5 hours per month, providing expert financial oversight, model review, and strategic structuring advice for a growing SME. The primary focus is to review and stress-test financial models, diagnose current financial standing, and ensure full compliance across regulatory and tax obligations before key business decisions are executed. Working on an ad-hoc, project-commissioned basis, this role serves as a trusted oversight partner to company directors and works directly with the internal finance contact, offering high-level strategic involvement in reviewing loan book performance, refining pricing strategies, and evaluating funding structures without handling day-to-day bookkeeping. What you will do * Review and stress-test new or updated financial models, budgets, forecasts, and business cases prior to submission to prospective partners or management. * Check and correct model logic, formulas, and underlying assumptions including growth rates, cost escalation, margins, and tax treatment. * Conduct scenario and sensitivity testing best, base, and worst case for material decisions such as contract terms, capital purchases, or pricing changes. * Provide clear written or verbal opinions detailing risk areas, recommended fixes, and elements to challenge before models are finalised. * Perform monthly diagnostics on balance sheets, income statements, and cash flow to monitor liquidity, solvency, working capital, and profitability trends. * Track key metrics and ratios—including current ratio, gross margin, debtor days, debt-to-equity, and interest cover—against prior periods to identify early red flags. * Identify cost lines to renegotiate or cut, evaluate pricing strategies to improve margins, and optimize working capital collection cycles. * Advise on capital allocation, debt-versus-equity funding, facility consolidation, and contract payment terms to optimise tax efficiency and lower interest costs. * Review, edit, and finalise bi-annual funder reports covering claims book performance, arrears, book quality, and required credit calculations including NROC. * Reconcile reported metrics against internal tracking systems and flag potential covenant risks early. * Oversee compliance and identify gaps across CIPC requirements Companies Act 71 of 2008, SARS corporate/provisional tax, VAT, PAYE/UIF/SDL, financial reporting frameworks IFRS for SMEs/full IFRS, B-BBEE, POPIA, COIDA, and relevant statutory obligations. * Conduct an initial assessment of the business's regulatory footprint within the first weeks of engagement. Requirements (from the original advert) * A recognised professional accounting qualification CASA preferred, or ACCA / CIMA. * Prior experience as a CFO, Financial Manager, or Financial Consultant to SMEs, ideally working in a fractional, portfolio, or part-time capacity. * Proven experience in preparing or reviewing funder and covenant reporting for loan or debtor books, including arrears, book performance, charge-off, and recovery metrics. * Strong regulatory fluency in South African tax SARS and Companies Act/CIPC requirements. * Ability to work autonomously on an ad-hoc, project-based model. * Excellent communication skills with the ability to translate technical financial details into plain language and clearly articulate risks. * Experience or familiarity with FSCA/FAIS, FICA, and the Debt Collectors Act. * Sage * Microsoft Excel Who should apply The ideal candidate is an experienced finance professional with a recognised professional accounting qualification (CASA preferred, ACCA, or CIMA) who has served as a CFO, Financial Manager, or Financial Consultant to SMEs, particularly in a fractional, portfolio, or part-time capacity. They should possess proven experience in funder and covenant reporting for loan or debtor books, strong regulatory fluency in South African tax (SARS) and Companies Act/CIPC requirements, and the ability to work autonomously on an ad-hoc, project-based model. Excellent communication skills, translating complex financial details into plain language and clearly articulating risks, are essential for this high-level strategic oversight role. Deadline Not specified Reference Original posting: https://www.myjobmag.co.za/job/fractional-cfo-recruitmymom Source: myjobmag

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At a glance

• Microsoft Excel
• Sage / Pastel
• IFRS
• Bookkeeping

Extracted automatically from the advert; confirm requirements on the original listing.

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