Earlybird Educare Chief Financial Officer Job in South Africa Nov 2018

Earlybird is a social enterprise that seeks to address the shortage of high-quality Early Childhood Development (ECD) services in South Africa by opening a network of workplace- and community-based educare centres across the country.

Job Title: Chief Financial Officer

Job Location:

  • Cape Town
  • Johannesburg

Responsibilities:

Financial Management, Reporting, and Planning

  • Work with the CEO on strategy, scenario planning, and long-term projections
  • Prepare an annual budget in collaboration with the CEO
  • Prepare quarterly management accounts, including financial and narrative information
  • Track and comply with grant reporting requirements for funds received from donors
  • Work with the CEO and Chief Academic Officer to develop and implement an efficient system for franchisee administrative record-keeping, bookkeeping, and reporting
  • Supervise our outsourced accounting service provider (currently House of Growth), which captures information in Xero and runs payroll for the company
  • Manage trade payables and invoicing
  • Maintain the general ledger and loading payments for release on internet banking
  • Manage cash flows and bank accounts, including cash forecasting
  • Manage all tax and compliance related matters i.e. CIPC, VAT, PAYE, Income Tax, NPO reporting requirements, Public Benefit Activity tracking and reporting
  • Maintain a lean operating cost environment
  • Oversee and managing the annual external audit
  • Draft annual financial statements

Corporate partnerships

  • Plan, develop, and running Earlybird’s strategy for identifying and engaging potential corporate partners (businesses which wish to include our on-site educare offering as part of their employee wellness package)
  • ‘Engage’ includes pitching (together with our CEO) our offering at high-level management meetings with partner corporates and going through various costing scenarios with corporate partners, helping to price out services under various conditions
  • Maintain a detailed database of (potential) partners and tracking progression of engagement for each relationship
  • Ensure you have an up-to-date understanding of the BEE Codes of Good Practice to quantify the BEE opportunities that exist for potential partners; coordinating with Earlybird’s BEE consultants on more technical BEE questions

Governance and Legal

  • Ensure the organisation’s compliance with the Companies Act and good corporate governance, procedures and protocols
  • Critically reviewing and updating contract templates for service provision to corporate partners as well as franchise agreements
  • Liaise with appointed legal firm on all legal matters
  • Ensure compliance with existing contracts
  • Assist with legal, tax and governance matters in respect of a potential international expansion

Requirements:

  • Minimum of three years’ experience in a corporate work environment.
  • B.com Accounting degree or equivalent with accounting, articles and CA(SA) a distinct advantage
  • Confident speaking with senior executives and government officials
  • Strong project management skills, including the ability to manage multiple and overlapping deadlines almost exclusively on one’s own
  • Reliably sets and meets expectations
  • Willingness and ability to gain a working knowledge of concepts in the fields of early education, innovative finance, and education technology
  • Personable, reliable, organised, motivated by impactful work
  • A creative problem-solver who is undaunted by the inevitable challenges that will crop up as we work to break new ground in South Africa’s under-developed Early Childhood Development sector

Strong communicator, capable of engaging in big-picture strategic thinking as well as detail-oriented implementation to join our management team as a full-time Chief Financial Officer

To apply submit a cover letter and your CV to info@earlybirdeducare.co.za 

Application Deadline: 16th November, 2018