Chief Financial Officer - 13125

Job No:  13125
Chief Financial Officer
Location:  Johannesburg North
Salary:   Highly negotiable dependent upon current experience and package

Our client is currently looking for a suitable individual to join their Executive Committee in the challenging role of Chief Financial Officer in June 2020. You will have overall responsibility for all internal and external financial and management reporting of the company, ensuring adherence to internal group reporting standards together with local and international regulatory and statutory requirements. You will be responsible to drive financial and business planning in provide meaningful financial analysis to ensure profitable growth and delivering on its targets.


The CFO is expected to contribute to the Companies strategy and the attainment of its goals as stated in its balance scorecard, and bears overall responsibility for:

  • Technical accounting and credit control for both Life and Non-life business

  • Financial accounting, including bank & cash, accounts payable, receipts and payments, fixed assets

  • Corporate Actuarial: Life and Non-Life Reserving

  • Local financial & management reporting

  • Regulatory reporting to the Financial Services Board and SARB

  • Direct and indirect tax management and accounting

  • Investment accounting & administration

  • Capital management and reporting

  • Support business management and development by providing analysis and transparency on technical profit/loss drivers (profitability analysis) as well as management expenses

  • Ensure that effective internal controls are in place

  • Support the Reinsurance CFO and Head Office functions by delivering the financial information required by the Company


  • Provide Leadership and management to the FMR team

  • Establish and maintain relationships with senior management (across the region), external auditor, tax advisor and banks.

  • Cultivate good working relationships with external auditors and regulators to build trust and confidence

  • Keep abreast of ongoing changes in financial reporting standards and ensure the business understands the impact of a changing regulatory landscape (SAM, Solvency II)

  • Contribute to the RI CFO international organisation strategy and development

Minimum Formal Education and Required Work Experience:

  • Qualified CA or Actuary preferred

  • Extensive relevant experience (10 years) in financial services organisations

  • Reinsurance industry financial experience is preferable

  • Life Actuarial experience would be beneficial

  • Ability to demonstrate successful management of the annual financial cycle in a senior financial management role within the financial services industry


  • Excellent leadership and team development skills

  • Good quality orientation

  • Strong and high-quality decision-making skills

  • Good analytical as well as strategic thinking

  • Technical skills at a high standard

  • Good negotiation skills