Chief Financial Officer: CEF Trading

INTERNAL AND EXTERNAL VACANCY: CHIEF FINANCIAL OFFICER: CEF TRADINGCEFSOC

CEF is aSchedule 2 state owned diversified energy company reporting to the Department of Mineral & Petroleum Resources. The Mandate of CEF is to contribute tothe security of energy supply of South Africa and the Region throughexploration, acquisition, development, marketing and strategic partnership. Itis derived from the CEF Act (No 38 of 1977) and the Ministerial directivesissued thereafter.

Lead and oversee the Corporate Finance, Supply Chain Management and Treasury Management departments to ensure the provision of efficient and effective services to CEF Trading in accordance with legislative and statutory requirements. To provide financial insights into the operations of CEF Trading, advising on risks versus opportunities.

• Matric and honours degree in Commerce/ Accounting or Finance-related fields
• 15 years’ experience in Finance/Accounting/Auditing of which 10 years musthave served in a senior managerial role and 5 years in a similar role.
• Registration as a Chartered Accountant will be anadded advantage

• Demonstrated organisational leadership atstrategic and operational levels and navigation in a complex organisation.
• Ability to articulate the big picture, combined with a self-directed commitment to advance and achieve agreed outcomes.
• Strategic thinker with strong negotiation skills.
• Critical skills: analytical ability, creativity,teamwork, communication, influencing and leadership.
• Statutory legal compliance (PFMA, Company law)

• Oversee and provide leadership on the preparation of CEF Trading financial plan
• Oversee and provide guidance on the preparation of quarterly financial performance reports.
• Oversee and provide guidance on the preparation of CEF Trading Financial Statements
• Oversee and provide guidance on:
• Treasury Management
• Transactional Services
• Debt Management
• Expenditure Management
• Demand and Acquisition Management
• Asset Management
• Disposal Management
• Supply Chain Management functions
• CEF Trading
• Oversee the external and internal audit processes and monitor implementation of audit action plans.

• Approve and oversee strategic business plans for Corporate Finance and SCM
• Ensure that CEF Trading financial plan isaligned with strategy
• Provide strategic financial leadership andadvise the Managing Director, GCEO, EXCO and the Board, as a subject matter expert, on the financial implications of the strategic business developments.
• Provide financial guidance to Departments in preparation of their financial plans.

• Provide business support to operations in relation to:
• Weighinginvestment and trading risks against opportunities
• Dealstructuring
• Provide guidance to business on National Treasuryguidelines around investment
• Monitor financial performance of projects andadvice on potential financial sustainability negative or positive earlywarnings
• Advise business during contracting to influence thefinal accounting treatment of transactions of new deals.

• Overseethe development and implementation of policies and procedures for Corporate Finance and SCM aligned with legislation and financial and SCM prescripts.
• Oversee the review and development of Financebest practices by senior managers.
• Oversee and guide the preparation of risk management plans and monitor implementation of risk management plans.
• Ensureestablishment of Bid Committees to deal with procurement requests.
• Givesupport to the Board in providing strategic financial advice to ensure best practice compliance and commercial sustainability.

• Represent the Corporate Finance and Supply Chain Management departments in all relevant forums and meetings to ensure good flowof information.
• Serve as liaison office between AGSA and the entityand facilitate engagements between AGSA with the CEO and Board.
• Communicate with key clients and other stakeholders on their needs and resolve and respond to their queries.
• Interact with State Departments and other bodieswhere required.
• Interact with any software or other service providers to ensure SLAs have been met and contracts managed appropriately.

• Manage the work and performance of direct reports.
• Facilitate the development of performance management system and monitor,guide the direct reports accordingly on the performance improvement plans.
• Support personal development plans of direct reports and monitorpersonal development plans for the Finance and SCM team.
• Determine human resource requirements taking into considerationoperational needs, skills scarcity and retention capability.
• Develop and monitor implementation of team career progression plan.
• Participate in the recruitment and selection of individuals according tojob requirements, EE targets and guidelines.
• Address workplace conflict through the initiation and coordination ofconsultative processes and…