Chief financial officer – Finance jobs near me

State Bank of India, South Africa

A position has become available for a Chief Financial Officer to join our dynamic team, based in Gauteng.

Duties & Responsibilities

  • The candidate is expected to setup the finance function within the bank as per the established reporting structure
  • Compiling all financial reports in consultation with the department/divisional heads.
  • Oversight of all the taxation matters such as VAT, Income Tax, Payroll taxes etc. at the bank.
  • Responsible for ensuring integrity, accuracy and completeness of financial data
  • Overseeing the entire Bank’s fiscal operating results in compliance with all accounting principles (including regulatory agencies, government policies and local laws) for ensuring & safeguarding the Bank’s interests in consultation with other department heads
  • Reviewing of all major MIS returns prepared by various department heads as well as presenting it to the Banks management in consultation with the Country Head & CEO
  • Preparing for and ensuring completion of Annual financial statements and related returns in consultation with department heads and statutory auditors
  • Oversee the preparation and submission of quarterly financial reports and returns to be submitted to the head Office
  • Responsible for liaising with the external / Internal auditors regarding financial statements & reporting
  • Oversight on the implementation of the IFRS reporting standards within the Bank

Desired Experience & Qualification

  • CA (SA) with at least 5 years post articles experience within financial services
  • Must be working as CFO/Dy CFO in a Bank in South Africa
  • Must have minimum 5 years’ experience in a Finance function within a Bank
  • Must possess managerial experience in mid-level management position
  • Must be well versed with IFRS 9 standards within a bank
  • Must have sufficient knowledge in regulatory reporting
  • Must have sufficient knowledge of the regulatory framework within which a bank operates, including but not limited to accounting methodologies, prudential ratios, & tax related matters
  • Additional preference will be given to candidates with some risk management experience within the banking environment

Package & Remuneration

Annual Gross CTC: depending upon experience and work knowledge.

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