Graeme Smith is likely to become Cricket South Africa's (CSA) director of cricket weeks after initially withdrawing his interest from taking up the position.
The announcement was made by the governing body's president Chris Nenzani, who added the board was engaged in the final round of talks with the former Proteas skipper.
"I am happy to announce that we have engaged Graeme Smith and I am confirming that by next week Wednesday all of the negotiations around the contract terms that need to take place would have been concluded," said Nenzani.
The impending appointment of Smith will provide him little time to assemble a quality coaching staff and selection panel ahead of the four Test matches against England at home starting December 26.
Smith, who captained South Africa for almost a decade, reportedly turned down the same post earlier owing to the presence of ex-CSA chief executive Thabang Moroe, who was suspended on charges of misconduct.
Nenzani admitted the current negotiations with Smith, intermittently taking place over the last three months, had begun due to the absence of Moroe.
Meanwhile, Moroe has been replaced by Jacques Faul, the chief executive of the Northerns cricket union, as the acting chief executive with immediate effect.
A tumultuous week has seen the CSA embroiled in various controversies leading to several members of the South Africa cricket fraternity calling for the resignation of Nenzani and the entire board.
However, the CSA president said the board had been mandated by the organisation's members' council "to continue to guide us through this period and turn it around."
He also brushed off the resignations of three of the board's five independent directors, which had snowballed the CSA crisis.
"We thank them for their service and will engage in a process to fill the vacancies," Nenzani said.