About the Role
The Department of Finance is seeking a dedicated Assistant Director of Financial Accounting, located at the Administration Centre in East London, South Africa. This essential role plays a critical part in the financial oversight and management within the public sector, ensuring that fiscal policies are adhered to and that the community’s resources are managed effectively. By joining this team, you will contribute to the transparency and accountability of financial operations, which are fundamental in maintaining the trust of the public and ensuring the efficient use of government funds.
As an Assistant Director, you will engage in various financial tasks that are vital for budget preparation, implementation, and monitoring. Your efforts will directly impact the delivery of services to the community, making your role not only important for financial accuracy but also for the overall functioning of public service. Your expertise will help in the timely preparation of annual financial statements and the management of revenue collection processes, which are crucial for the sustainability of government initiatives.
About the Department
The Department of Finance is committed to promoting good governance and financial management across all levels of government. With a mission to ensure that public funds are used effectively and efficiently, the department plays a pivotal role in maintaining fiscal discipline and promoting accountability. Working here means being part of a team that values integrity, transparency, and service excellence, contributing to the betterment of South African society.
What You’ll Do
- Prepare and implement budgets while monitoring and controlling expenditures.
- Generate annual financial statements and manage revenue collection, including cashier and banking services.
- Oversee debt management and ensure accurate reporting on revenue expenditures.
- Supervise financial accounting staff to ensure effective service delivery.
- Liaise with both internal and external auditors to maintain compliance and improve financial practices.
What You’ll Need
- A National Senior Certificate (Grade 12) or equivalent and a recognized three-year National Diploma (NQF 6) in Financial Management or a related qualification.
- Three to five years of experience in a finance-related position.
- Knowledge of relevant legislation, including the PSET and CET Act, PFMA, Treasury Regulations, and Labour Relations Act.
- Proficiency in financial management systems and computer literacy, particularly in MS Office.
- Strong competencies in planning, organizing, report writing, and communication, along with leadership and analytical skills.
How to Apply
Please forward applications to the email address below each post.
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Requirements
National Senior Certificate/Grade 12/STD 10 or NCV level 4 and a recognised three (3) National Diploma (NQF 6) in Financial Management or related qualification.Three to five years’ work experience in Finance section.
Knowledge of PSET and CET Act.
Understanding of PFMA, Treasury Regulations, Skills Development Act, Public Service Regulations and Public Service Act, Labour Relations Act.
Knowledge of the National Student Financial Aid Scheme and related legislation.
And financial management systems.
A valid driver’s licence and Computer Literacy (MS Office is necessary.
Competencies: Knowledge of PSET and CET Act.
Knowledge and understanding of PFMA.
Knowledge of Treasury Regulations and Public Service Act.
Labour Relations Act, Skills Development Act, National Students Aid Scheme and related legislation.
Knowledge of financial management systems.
Administrative, Planning and Organizing.
Financial Management.
Report Writing.
Communication and interpersonal Skills.
Problem solving.
Computer Literacy.
Analytical.
Client Oriented.
Project Management.
Team Leadership and People Management
Job Duties
Budget Preparation.Implementation, Monitoring and Control.
Prepare Annual Financial Statements Collection and Recording of revenue- Cashier, Banking Services and Electronic payments, Debt Management, Monitoring and Reporting on Revenue Expenditure-Compensation of employees & Goods and Services.
Transfers and subsidies.
Reporting year and month end close out processes and procedures.
Supervise employees to ensure an effective financial accounting service.
Liaise with auditors (internal and external)
