About the Role
The Department of Finance is looking for a talented individual to fill the role of Assistant Director: Financial Accounting based in the Central Office. This pivotal position contributes significantly to the financial integrity of government operations in South Africa. By overseeing budget preparation, monitoring expenditures, and ensuring compliance with audit requirements, you will play an essential role in upholding the financial governance that impacts communities across the nation. Your expertise will not only support the department’s financial health but also enhance the public service’s capability to deliver essential services effectively.
In this role, you will find yourself at the heart of financial management, working collaboratively with various stakeholders to ensure that every Rand is accounted for. The position demands a proactive approach to problem-solving and a commitment to maintaining high standards in financial reporting. As you navigate month-end and year-end processes, your contributions will be vital in fostering transparency and accountability, which are core to public service in South Africa.
About the Department
The Department of Finance is dedicated to maintaining sound fiscal policies and practices that promote sustainable economic growth in South Africa. With a mission to enhance financial management across government entities, the department plays a crucial role in ensuring that public funds are utilized efficiently and effectively. Working here means being part of a team that values integrity, accountability, and the continuous pursuit of excellence in public service.
As a member of the Department of Finance, you will engage in meaningful work that directly influences the financial landscape of government operations, contributing to the overall well-being of citizens and communities. Your role will not only involve technical proficiency but also the opportunity to be a part of a greater mission aimed at improving the lives of South Africans.
What You’ll Do
- Coordinate and oversee budget preparation and implementation processes.
- Monitor expenditure control and ensure compliance with financial regulations.
- Prepare Annual Financial Statements and manage month-end and year-end closures.
- Review and analyze expenditure reports, providing insights to budget holders.
- Oversee monthly bank and creditors reconciliations.
- Ensure accurate allocation of funds received and maintain the Asset Register.
- Liaise with internal and external auditors to ensure compliance with audit requirements.
- Supervise staff and manage the operational processes related to financial accounting.
- Facilitate the development and performance management of team members.
What You’ll Need
- Senior Certificate/Grade 12 or NCV Certificate (Level 4) with a recognized 3-year National Diploma (NQF Level 6) or Bachelor’s degree (NQF Level 7) in Financial Management or a related field.
- A minimum of 3-5 years’ experience at a supervisory level in a financial accounting environment.
- Valid driver’s license and proficiency in Microsoft Office.
- Knowledge of PSET and CET Act, PFMA, Treasury Regulations, and Public Service Regulations.
- Familiarity with Financial Management Systems such as SAGE, Coltech, and BAS.
- Strong report writing, financial management, problem-solving, and leadership skills.
- Ability to work under pressure and meet strict deadlines.
How to Apply
Applications must be forwarded to the relevant address provided below.
Requirements
Incumbent should have senior Certificate/Grade12 or NCV Certificate (level 4) plus a recognised 3-years National Diploma (NQF Level 6) or Bachelor’s degree (NQF Level 7) in Financial Management or related qualification, minimum of 3-5 years’ experience at supervisory level in financial accounting environment, Valid driver’s license, Proficient in Microsoft Office, Knowledge of PSET and CET Act, Knowledge and understanding PFMA, Knowledge and understanding Treasury Regulations.Knowledge of Public Service Regulations and Public Service Act, Knowledge of Financial Management Systems (SAGE, Coltech and BAS), Valid driver’s license.
Competencies: Knowledge of PSET and CET Act.
, Knowledge and understanding Treasury Regulations Skills Development Act, knowledge of the National Student Financial Aid Scheme and related legislation.
Report witing skills, financial management skill, problem solving and leadership, ability to work under pressure with strict deadline.
Job Duties
Coordinate and oversee budget preparation, implementation, monitoring and expenditure control.preparation of Annual Financial Statements and the month-end and year-end financial closure processes.
Review and analyse expenditure reports, distribute to budget holders and obtain inputs on expenditure status.
Oversee and monitor monthly bank, creditors reconciliations.
Oversee the accurate allocation of monies received.
Ensure that Asset Register is aligned with the Geneal Ledger.
Ensure stock (inventory) is accurately accounted for in line with accounting system.
Ensure correct audit assertions of all transactions.
Liaise with internal and external auditors and ensure compliance with audit requirements.
Supervise employee to ensure an effective financial accounting service.
Manage the operational processes, resources and procedures associated with the financial accounting functions.
Management of human, financial and other resources of the unit: render management service to the staff, manage the development and performance of the staff, manage the performance agreement of the staff.
