Deputy Director: Internal Control & Compliance

About the role

To manage and provide oversight of the Department's internal control and financial compliance environment by monitoring compliance with the Public Finance Management Act, 1999, Treasury Regulations, financial policies and related prescripts; coordinating internal and external assurance processes; overseeing the assessment, determination, recording and reporting of unauthorised, irregular, fruitless and wasteful expenditure and departmental losses; advising the Chief Financial Officer and management on control, audit, financial reporting and governance matters; and monitoring the implementation of corrective actions to support sound financial management in National Treasury.

What you will need

• A Grade 12 certificate is required coupled with a minimum National Diploma (equivalent to NQF level 6) or Bachelor's degree (equivalent to NQF level 7) in Financial Management, Accounting, Auditing, Internal Control, Public Finance.

Experience

A minimum of four years' relevant experience, of which at least two years must be at Assistant Director level or equivalent, in an accounting, auditing, internal control, compliance or financial-governance environment. Knowledge and experience in Public Finance Management Act, Public-sector accounting and financial reporting requirements, Internal control, compliance monitoring, risk assessment and audit coordination, Assessment and reporting of unauthorised, irregular, fruitless and wasteful expenditure and departmental losses, Interpretation of financial statements, policies, delegations and audit findings, Supervisory, report-writing, presentation and stakeholder- management experience.

Key responsibilities

• Audit and assurance coordination: Coordinate the annual external audit and relevant internal assurance processes, including planning, requests for information, management responses, technical engagements and the submission of supporting evidence.
• Maintain audit request, finding and action- plan registers
• follow up outstanding information and monitor the implementation and closure of agreed corrective actions.
• Review draft audit findings, management reports and audit reports
• facilitate engagements with assurance providers and affected business units
• and escalate significant unresolved matters.
• Financial reporting oversight and technical assurance: Coordinate and quality-assure the preparation, review, adjustment and submission of interim and annual financial statements in accordance with the applicable public-sector reporting framework.
• Review financial information and supporting evidence for completeness, accuracy and compliance
• coordinate the resolution of reporting queries and provide technical advice on accounting and disclosure matters.
• Non-compliant expenditure and loss control: Oversee the identification, assessment, determination, recording and reporting of unauthorised, irregular, fruitless and wasteful expenditure, including maintenance of relevant registers and audit trails.
• Oversee departmental loss cases, liability assessments, recoveries, write-offs and referrals for financial recovery, disciplinary action, criminal or forensic investigation and control improvement, where applicable.
• Internal control, governance, policy and advisory services: Plan and oversee risk-based reviews of financial management, procurement, contract management and related processes to identify non-compliance, control weaknesses and emerging risks.
• Assess the design and operation of preventative, detective and corrective controls
• communicate findings and recommendations
• and monitor implementation by responsible business units.
• Advise the Chief Financial Officer and management on internal control, financial governance, delegations, compliance, audit, financial reporting and the interpretation of applicable prescripts.
• Support reporting to executive and governance structures by consolidating finance and control information, monitoring matters arising and tracking agreed actions.
• Develop, review and maintain financial policies, 124 procedures, delegations, control frameworks, registers and standard operating procedures, and monitor adherence to approved

Additional details

• Grade: Provincial

How to apply

• Enquiries: enquiries only (No applications): [email protected]