Chief Financial Officer

Randburg, South Africa | Posted on 02/27/2026

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The Chief Financial Officer (CFO) serves as the 2IC to the CEO and is responsible for providing strategic financial leadership, operational oversight, and commercial direction to Lyceum College. The role ensures long-term financial sustainability, strong governance, regulatory compliance, and effective operational execution aligned with institutional strategy.

Reporting directly to the CEO, the CFO leads the organisation’s financial strategy, budgeting, forecasting, cash flow management, risk governance, and operational efficiency initiatives. The CFO plays a critical role in enabling strategic growth, strengthening internal controls, supporting regulatory readiness, and ensuring that financial decision‑making supports institutional performance and transformation objectives.

This is a senior executive leadership role combining strategic oversight with operational accountability, serving as a key advisor to the CEO and Exco.

Main Purpose of the Job:

To lead and direct the financial strategy, operational governance, and commercial sustainability of the organisation, ensuring sound financial management, risk mitigation, regulatory compliance, and alignment between financial performance and institutional objectives.

The CFO is accountable for driving financial discipline, operational efficiency, revenue optimisation, cost control, and long‑term financial planning, while serving as the CEO’s primary financial and operational advisor.

The following are the primary areas of responsibility and their estimated percentage of time:

• Financial Strategy & Executive Leadership (25%)
• Financial Planning, Budgeting & Forecasting (20%)
• Operational Oversight & Commercial Performance (20%)
• Governance, Risk & Compliance (15%)
• Cash Flow, Revenue & Cost Management (10%)
• Stakeholder, Audit & Regulatory Engagement (10%)

• Act as 2IC to the CEO, contributing to strategic direction, institutional growth, and operational execution.
• Develop and implement long‑term financial strategies aligned to institutional goals.
• Provide strategic financial insight to support business expansion, programme development, and operational scalability.
• Translate strategic objectives into measurable financial targets and operational plans.
• Participate actively in Exco, contributing to strategic, commercial, and governance discussions.
• Advise the CEO on financial risk exposure, funding strategies, sustainability modelling, and capital allocation decisions.

• Lead the annual budgeting process across all departments.
• Develop rolling forecasts and scenario planning models.
• Monitor budget performance and implement corrective action where required.
• Provide detailed financial analysis, variance reporting, and performance insights to Exco.
• Ensure accurate financial modelling to support decision‑making.
• Establish financial performance dashboards and KPI tracking mechanisms.

• Oversee financial operations including Debtors, Creditors, Billing, and Revenue functions.
• Ensure strong internal financial controls and operational efficiency.
• Drive revenue optimisation initiatives and improve collection strategies.
• Strengthen cost control mechanisms and margin improvement strategies.
• Support operational departments in achieving financial and performance targets.
• Oversee financial systems integration and continuous improvement initiatives.
• Ensure alignment between operational processes and financial governance standards.

• Ensure compliance with applicable…