ASSISTANT DIRECTOR PROGRAM 2.1 FINANCE

Programme 2.1 - Finance — PRETORIA HEAD OFFICE (Permanent, 1 post(s))

To render provision of Financial Accounting and General Ledger Services for the National Treasury Funds.

Duties:
The incumbent will be responsible for a wide variety of tasks which include but are not limited to the following: Implement financial revenue, expenditure management and accounting . Ensure the adherence of policy and legislative framework to ensure that cognizance is taken of new developments. Assist development and maintenance of policies and processes. Submit reports and plans as required by the management and Service Level Agreements. Ensure compliance with financial scripts. Provide advice and guidance to role players on revenue and expenditure procedures. Ensure that risks are identified in the unit. Present and implement internal controls to mitigate risks. Align internal controls with GPAA policies and strategic objectives. Recommend corrective measures on deviation to internal controls. Assisting in testing of internal control solutions. Outline risk management processes within the Program 2.1 Finance unit and implementation of action plans. Implement the coordination and compilation of National Treasury funds budget, Medium Term Expenditure Framework (MTEF), Estimate of National Expenditure (ENE) and Adjustment Budget in compliance with National Treasury guidelines. Assist with inputs from all business units and liaise with NT Public Finance. Undertake revenue, expenditure management and accounting work as required. Ensure that debt management, monitoring and reporting services are rendered. Ensure that payment of goods and services, transfers, subsidies and reporting are efficiently and effectively performed. Review and posting of monthly journals (BAS & Civpen) for National Treasury Funds. Review the monthly journal for Military Veterans Pensions. Review the monthly advance request to the National Treasury and Department of Military Veterans. Review and check monthly administration claims by GPAA to the National Treasury and Department of Military Veterans. Process financial data to produce financial information Ensure that expenditure is in line with the budget and item provisioning. Facilitate the process of transfer payments/subsidy. Facilitation of General Ledger transitions. Provide inputs to the GPAA finance on creation of new ledger accounts. Facilitate journal processing of General Ledger transactions. Process General Ledger transactions. Clear all suspense accounts before closure of the reporting period. Review of reconciliations of General Ledger accounts. Provide financial reporting services. Preparation of annual financial statements for audit purposes; and Preparation of quarterly and interim financial statements required by management of the relevant funds. Participate in the National Treasury AFS committee. Provide quarterly inputs for organisational performance reporting. Review of monthly fund reports. Review of monthly administration reports. Preparation of Audit processes and Fund Liabilities. Monitor the recording of cash flow transactions. Liaise with external and internal auditors. Preparation and provision of year end audit file. Preparation and provision of additional information required by the auditors. Resolution of internal and external audit queries; and Implementation of internal and external audit recommendations. Review the monthly determination, calculation and classification of Fund liabilities for the National Treasury Funds and Department of Military Veterans monthly. Manage and development of staff. Render debt management, monitoring and reporting services. Manage the performance of the unit which involves coaching, monitoring and take corrective action where required, develop performance standards and evaluates team and individuals. Monitor staff regarding human resource such as leave, recruitment and grievances. Compile the work plans for the section including the consolidation of operational plans into the directorate’s overall work plan.

Requirements:
A relevant 3 years National Diploma / Degree in Financial Management/ Financial Accounting or relevant field (at least 360 credits). Minimum of 3–5 years' experience in Finance Management Accounting and 2 years supervisory/junior management. Computer literacy which includes a good working knowledge of Microsoft Office products. Knowledge of International Financial Reporting Standards. Knowledge of Regulatory Reporting Requirements for Retirement Funds in SA. Knowledge of Pension Fund environment. Knowledge of Financial Accounting. Knowledge of Risk Management. Analytical skills. Communication and interpersonal skills. Problem solving skills. Ability to work in a team and independently. Time management. Attention to detail. Honesty and Integrity. Hard working. Openness to change.