Deputy Director: Management Accounting

Requirements

A minimum of three-year tertiary qualification (NQF Level 06) / National Diploma in Accounting or Cost & Management Accounting Financial Relevant 83 years of work experience in budgeting and financial management at a junior manager or Assistant Director equivalent level. Knowledge: Working knowledge of estimating, budgeting, cash flow management and policy, procedure and processes regarding budget management in the public service. In-depth knowledge of BAS, LOGIS and Vulindlela and ability to prepare and conduct effective decision briefs and presentations. A thorough working knowledge of the financial processes of the public service. Proficient in financial regulatory frameworks in the public sector, augmented with sound working knowledge of acquisition/procurement policies, processes and procedures. Best practice budget management skills, including the drafting and submission of decision briefs, estimates of expenditure and revenue, cash flow plans and providing sound financial advice to clients to ensure informed decisions. Abilities: Able to understand and interpret financial prescripts of the Public Service. Able to effectively apply budget policy and financial regulatory frameworks. Ability to apply forecasting models. Ability to both lead a team and work as part of a team. Accuracy and attention for details. Ability to analyse financial reports for decision-making. Effective communication and collaboration with stakeholders Capability: Demonstrate capability to interpret budget guidelines and convert them to programme guidelines, negotiation skills, data analytical skills and computer literacy. Ensure, enhance and apply the departmental system of financial management and internal control inclusive of budget preparation, budget control, reporting and financial misconduct management. Excellent analytical and numerical abilities, particularly regarding the financial management of multi-year acquisition projects, adjudication of project submissions and forecasting models.

Key Responsibilities

Ensure that budget and expenditure are managed in line with relevant legislation, regulations, frameworks, and departmental policies and procedures. Monitor legislative and regulatory prescripts relating to public finance management and accounting including the PFMA and Treasury Regulations to inform recommendations for amendment to financial policies and procedures where relevant and ensure compliance with National Treasury reporting requirements. Provide advice and guidance to budget managers on budget planning, expenditure estimates and forecasting methods and tools. Analyse and quality assure the financial information requirements for the evaluation budget inputs. Analyse, interpret, and communicate the Treasury Guidelines on budget processes (MTEF, ENE, AENE & Rollover). Develop templates for the collection of budget information from budget managers. Review and analyse the annual budgets and ensure alignment with the departmental annual performance plan and the strategic plan. Coordinate the preparation and consultation for the MTEF budget process. Align budget statements with the. Analyse and interpret the requirements for the annual and adjusted cash flow projections as prescribed by Treasury. Compile presentations to inform management decisions on budget planning and financial performance. Record minutes and implement resolutions on budget and expenditure management. Assess where shifting of funds/ virements are required and recommend budget adjustments. Oversee implementation of approved budget adjustments and provide feedback to the relevant components. Issue budget allocation letters and ensure reconciled ENE and AENE budget. Coordinate and consolidate roll-over submissions. Ensure that compliance requirements for budget rollover and retained surplus requests are disseminated to programme managers and in compliance with the NT guidelines. Monitor expenditure trends, assess additional funding requirements for the adjustment estimates process, and develop proposals on the virement or shifting of funds. Evaluate information on monthly reports for spending variance analysis and recommend corrective measures. Compile monthly and quarterly financial performance reports for and ensure timely submission of In- Year Monitoring Report. Compile information for the interim and annual financial statements. Manage the financial delegations and participate in the internal and external audit reviews. Coordinate the Auditor-General South Africa (AGSA) and internal audit process related to financial management. Supervise subordinates.

How to Apply

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