Director: Financial Management

What you will need

• An appropriate Bachelor’s Degree (NQF level 7 as recognised by SAQA) in Financial Management, Accounting, Auditing, Economics / Financial Economics, Statistics or an equivalent qualification, majoring in Financial Management, Accounting, Auditing, Economics / Financial Economics / Statistics.
• Successful completion of the Public Service Senior Management Leadership Programme (Nyukela certificate) as endorsed by the National 23 School of Government is a pre-requisite for appointment.
• The incumbent must have extensive understanding of the public sector financial statements and budget and project cycles, and managing the provision of public finance support services.
• Provide guidance and inputs on the formulation and implementation of budget policy for the MTEF budget process.
• Monitor, evaluation and analysing departments’ spending of the approved budget.
• Ensure value for money in terms of strategic resourcing.
• Provide guidance on the formulation and implementation of the adjustment budget.
• Proven leadership capabilities, people management and sound interpersonal and project management skills.
• Must have a valid driver’s licence and be computer literate.
• Core Competencies: Strategic Capacity and Leadership, People Management and Empowerment, Financial Management, Change Management, Programme and Project Management.

Experience

At least five (5) years’ extensive middle / senior management level experience in managing and facilitating the provision of financial management services in the department.

Driver's licence

Must have a valid driver’s licence and be computer literate.

Skills and competencies

• Proven leadership capabilities, people management and sound interpersonal and project management skills.
• Core Competencies: Strategic Capacity and Leadership, People Management and Empowerment, Financial Management, Change Management, Programme and Project Management.

Key responsibilities

• The successful candidate will be responsible to provide effective, efficient and compliant financial management services, develop and monitor the implementation of financial administration and accounting, policies, systems and processes.
• Provide management accounting services and monitor and report on expenditure trends.
• Monitor and report on expenditure trends and compilation of financial statements.
• Identify, manage and implement risk and risk mitigation plans for the achievement of GCIS objectives.
• Develop financial reports with internal and external stakeholders.
• Manage relations with National Treasury and the Auditor-General.
• Manage expenditure trends and all financial matters.
• Oversee the process of reviewing departmental financial policies and ensure compliance with the PFMA, Treasury Regulations and related prescripts.
• Monitor the issuing of guidelines by National Treasury.
• Ensure timely settlement of contractual obligations, payment of invoices and quarterly tranches to Public Entities in line with the prescribed period as outline in PFMA, Treasury Regulations and cashflow projections.
• Oversee the monitoring, clearance and reconciliation of ledger accounts and ensure financial reports are compiled and submitted to the relevant forum.
• Oversee the processes of the annual budget cycle and ensure all deadlines are met.
• Oversee operational and personnel costing.
• Provide statistical reports on expenditure trends against the budget.
• Report projected under/overspending against the budget to relevant structures.
• Report proposed funding of ad-hoc activities and proposed virement to fund projected over expenditure.
• Oversee and review the IYM Report and submit to relevant structures in line with the PFMA.
• Identify and review strategic risks, oversee and manage the implementation mitigation plans.
• Participate in the audit planning process and manage responses to audit queries.
• Oversee the drafting and submission of accurate interim and annual financial statements.
• Serve as the link between the department and Auditor- General during audit processes and arrange Audit Steering Committee meetings.
• Ensure that amendments to the financial statements, updates of the Modified Cash Standards and Accounting Manual for Departments are implemented on the GCIS financial statements and accounting processes.
• Oversee the functions of the BAS System Controller and review reports.
• Effective management of staff, expose staff to development opportunities and ensure timeous submission of performance agreements and assessments Ensure prudent financial management of the directorate’s resources.
• Facilitate monthly Financial Control Forum meetings with Finance staff.
• Identify, manage and implement risk and risk mitigation plans for the achievement of GCIS objectives.
• When the need arise, the incumbent may be requested to act as Chief Financial Officer in the absence of the Chief Financial Officer.

Additional details

• Grade: Provincial

How to apply

• Enquiries: Mr Paul Kwerane
• Telephone: (012) 473 0407

Please note

• It is a pre-requisite for candidates to have the Nyukela Public Service SMS Pre Entry Programme certificate to be eligible for appointment.
• For further details, please click on the following link: https://www.thensg.gov.za/trainingcourse/sms-pre-entry-programme/.
• For more information regarding the course, visit the NSG website: www.thensg.gov.za.
• The successful candidate must disclose to the Minister particulars of all registrable financial interests and sign the employment contract within one month from the date of assumption of duty as well as sign a performance agreement with the relevant Chief Director within three months from the date of assumption of duty and obtain a Top-Secret security clearance.