Chief Financial Officer - Audit and Assurance

Main Purpose of JobThe CFO role falls under the Office of the Audit & Assurance (A&A) COO, which capacitates the Business Intelligence Function for A&A. Under this function, the CFO is responsible for curating and reporting meaningful, data-driven insights, trends, observations and findings, and making appropriate recommended solutions for improvement. Key Performance AreasStrategic Impact Gives significant input into the development of Service Line strategy in relation to the Finance functionIdentifying ongoing strategic insights from various sets of data and conceptualizing how those insights may improve:ProfitabilityEfficiencyMonitoringQuality and riskDevelopment of the Finance strategy within A&A Africa through a detailed plan including:Identification of change initiatives that support the Firm's and Service Line specific strategic objectivesApproval of team's implementation plans with timelines, actions and measures for successPeople plan to deliver on set goalsCommunication plan in terms of vision and delivery of strategy related to own Service AreaDefined reporting requirements for tracking of plansSupports leadership in achievement of overall Firm’s strategic objectivesWorks with A&A Africa EXCO team to deliver on the Africa EXCO mandate relating to the Finance functionEstablishes and maintains external business relationships within area of expertise to collaborate on, share and implement best practiceBuilds strong professional relationships across Deloitte Service Line leadership levels to understand varying needs of different areasClient Impact: External / InternalOversees delivery of the A&A Africa Finance team within the Service Line in close collaboration with other specialised areas across Service LinesActs as sounding board to teams on business decisions and direction as neededDevelops thought leadership within area of expertise and shares knowledge through internal/external presentations, and to team for delivery improvementOperational EffectivenessMaintains high level oversight of all change initiatives, implementation of projects, quality and timeliness of team deliveryProvides teams with expert advice, direction and recognitionProvides own Service Line leadership with status of delivery across the business for reporting purposesOversees risk issues within area of responsibility and address non-compliance as a matter of urgencyDrives Deloitte values of exceptional service to internal clients, growing the firm’s brand and talent developmentDevelopment/Growth of TeamMentors and develops managerial Service Area team membersActs as counsellor to Senior Manager/ Manager employees within Service Line ensuring effective coaching and guidance in development and career growth (May act as counsellor to employees from other Service Lines)Develops effective relationships with key talent and ensure they are well supported in their career growthEmpowers existing senior managers / managers through effective delegationProvides consistent recognition and encouragement to teams and leads by exampleDemonstrates commitment to transformation agenda of the firmBudgets / ProfitabilityEnsures annual budget is put together by the Finance BP in line with Service Line targets and marginsManages Service Area budget ensuring no overruns and approving overall expenses and costsProactively identify 12 and medium term budget considerations to enhance overall profitabilityFinancial ManagementDriving target achievement for the A&A Africa Service LineDriving overall Financial Performance of the business: KPIs, North Stars etc.Ensuring effective WC management + interventions to manage downEnsuring Financial health of the A&A business and projectsDrives financial disciplines in Project AccountingReviews pricing of contracts and projectsPlays critical role in aligning Finance Governance & processes across the Service LineStrict adherence to monthly and year end accounting procedures and reportingIdentifying unexpected transactions and exceptions and speedy resolution of thoseDriving stock standard budgeting cycles and run of the mill firm reporting cyclesDriving the budgeting and forecasting process through the Finance BP team by facilitating target setting. Also to review and approve the consolidated budgets/forecasts for A&A AfricaOversight of the A&A finance BP team with strict adherence to reporting deadlines and an improvement in business support in terms of the resolution of queries from the businessMaintain high level oversight and final sign-off– especially wrt high risk balances and coordinate the process in order to ensure that recons are completed timeously and at appropriate level of quality.Performance evaluations and career guidance to the finance teamAd hoc reporting