Assistant Director: Cash Management – Pretoria – Department Of Finance

About the Role

The Department of Finance is seeking a dedicated Assistant Director: Cash Management to join its team in Pretoria. This role is pivotal in ensuring the effective management of cash flow within the public service framework, directly impacting the financial health of government operations. By forecasting cash flows and managing liquidity, you will play an essential role in maintaining financial stability for various departments, thus benefiting the community at large.

In Pretoria, a city known for its significant administrative role in South Africa, this position offers a unique opportunity to contribute to the financial governance of the nation. The responsibilities include managing bridging finance facilities and ensuring that the government’s cash requirements are met, ultimately supporting the delivery of public services to citizens. Your work will not only enhance fiscal responsibility but also foster trust in the public sector’s financial management.

About the Department

The Department of Finance is committed to promoting sound financial management and transparency within government institutions. Its mission is to ensure that public funds are managed wisely and effectively, facilitating sustainable economic growth and development across South Africa. Working in this department means being part of a team that prioritizes integrity, accountability, and excellence in public service.

What You’ll Do

• Forecast cash flows over short, medium, and long-term periods on a monthly and daily basis.
• Review cash flow statements in line with reporting standards and manage liquidity through bridging finance facilities.
• Prepare detailed procedure manuals for undocumented processes and respond to audit requests.
• Conduct variance analysis by updating actual cash flow against projected figures and liaising with relevant teams.
• Maintain records of meetings with the South African Revenue Service (SARS) regarding tax revenue forecasts.
• Manage Exchequer investments, including maintaining signing arrangements and ensuring compliance with prescribed credit risk ratios.
• Engage with stakeholders to automate manual processes and improve cash management strategies.
• Execute daily bank transactions and ensure accurate reconciliation of all figures.

What You’ll Need

• A minimum of Grade 12, with a National Diploma (NQF level 6) in Accounting, Economics, or Finance.
• A Bachelor’s Degree (NQF 7) in any of the above disciplines is an advantage.
• At least 3 years of experience in a finance environment, with a focus on cash management.
• Strong analytical skills and the ability to communicate effectively with various stakeholders.

How to Apply

Interested applicants must submit their applications via the online link provided below.