Chief Financial Officer (CFO) (Gauteng)

In brief

**Overview** This role is for a Chief Financial Officer (CFO) based in Gauteng with the Transport Education Training Authority (TETA). The CFO is responsible for providing strategic financial leadership and overseeing all aspects of the organisation's financial management. **What you will do** * Develop and execute TETA’s Financial Strategy aligned to the Strategic Plan and Annual Performance Plan (APP). * Oversee development and management of TETA’s budget, ensuring alignment to strategic objectives, Government priorities. This must be done in line with relevant legislative and regulatory frameworks and procedures (PFMA, applicable Sector, National Treasury Framework for Strategic Plans and APP), Policies, Delegations of Authority, MTEF Budgeting process, Estimates of expenditure (national and provincial), Business and project financial planning, Adjustment estimates and roll overs, Monthly cash flows and adjusted monthly cash flows. * Ensure preparation of GRAP-compliant financial statements and management reports. * Lead internal and external audit processes. * Ensure implementation of audit recommendations. * Ensure effective SCM systems that comply with Treasury and BBBEE frameworks. * Oversee expenditure, cash flow, revenue expected and received, and asset control, ensuring efficient resource allocation. Revenue management involves all the procedures necessary to ensure that the income is properly planned and fully accounted for, and that cash once received is safeguarded and banked promptly. * Implement and maintain internal control and financial risk management systems. * Drive automation and efficiency in financial systems and reporting processes. * Ensure accurate financial submissions to DHET, Treasury, and Board Committees. **Requirements (from the original advert)** * **Experience and Qualification:** * A minimum of a Postgraduate degree in Accounting, Finance or Auditing at NQF Level 8 recognized by SAQA. * Master’s Degree (NQF 9) in Finance, Governance, or Business Administration will be an added advantage. * Chartered Accountant (CA(SA). * Registered with SAICA, CIMA, or equivalent. * Minimum of 10 years’ experience in financial management with 5 years at senior/executive level in a public-sector environment. * Experience within a SETA, regulatory body, or state-owned entity will be an added advantage. * Proven experience managing PFMA compliance, GRAP reporting, and clean audit achievement. * Demonstrated success in governance transformation or automation projects. * **Technical Competencies:** * Expert capability in PFMA and Treasury application. * Financial strategy, planning and budgeting. * GRAP accounting and financial reporting. * Revenue, levy and grant finances; expenditure and payroll controls; asset and liability management; cash, banking and investments. * SCM and contract governance; and financial risk, internal controls and misconduct responses. * Thorough capability in audit engagement and remediation, and financial systems and information controls. **Who should apply** This position is suitable for candidates holding a postgraduate degree (NQF Level 8) in Accounting, Finance, or Auditing, with a Master's degree (NQF Level 9) in Finance, Governance, or Business Administration being an advantage. Applicants must be a Chartered Accountant (CA(SA)) and registered with SAICA, CIMA, or an equivalent body. A minimum of 10 years' financial management experience is required, with at least 5 years at a senior/executive level within a public-sector environment. The ideal candidate will have proven experience in managing PFMA compliance, GRAP reporting, achieving clean audits, and demonstrating success in governance transformation or automation projects. Experience within a SETA, regulatory body, or state-owned entity is also an advantage. Expertise in PFMA and Treasury application, financial strategy, GRAP accounting, revenue/expenditure management, SCM, financial risk, internal controls, audit engagement, and financial systems is essential. **Deadline** Not specified **Reference** Original posting: https://www.myjobmag.co.za/job/chief-financial-officer-cfo-gauteng-transport-education-training-authority-teta Source: myjobmag

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At a glance

• At least 10 years of experience.

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