About the Role
The Department of Finance is seeking an Assistant Director: Financial Accounting to join their dynamic team in Johannesburg. This pivotal role plays a critical part in ensuring the financial integrity and accountability of the department, which is essential for effective public service delivery in South Africa. By overseeing adherence to the Public Finance Management Act (PFMA) and Treasury Regulations, you will help to ensure that financial resources are managed wisely, ultimately benefiting the communities served by the department.
As an Assistant Director based at the Head Office in Johannesburg, you will be entrusted with preparing timely financial statements and reports. Your contributions will not only enhance departmental efficiency but also support the financial management processes that underpin public service operations. This role is ideal for someone passionate about public finance and eager to make a tangible difference in the lives of South Africans through diligent financial oversight and management.
About the Department
The Department of Finance is dedicated to promoting sound financial management practices within the public sector. With a mandate to ensure that government resources are utilized effectively, this department plays a crucial role in maintaining the financial health of various government initiatives. Working here means being part of a team that strives for excellence in public service, ensuring that financial decisions are made with integrity and transparency for the benefit of all citizens.
What You’ll Do
- Ensure compliance with PFMA, Treasury Regulations, and departmental policies.
- Prepare monthly, interim, and annual financial statements accurately and on time.
- Attend and participate in meetings and conferences to discuss financial matters.
- Identify training needs and develop performance reports for subordinates.
- Implement recommended improvements to departmental systems and processes.
- Compile compliance reports for Treasury and respond to management requests.
- Facilitate monthly clearance of inter-departmental receivables and payables.
- Provide administrative support and guidance on accounting best practices.
- Write correspondence and maintain effective communication within the department.
- Hold regular performance and feedback meetings with subordinates and management.
- Manage and supervise the financial accounting team to ensure quality service delivery.
What You’ll Need
- Matric and a Bachelor’s Degree in Financial Management, Accounting, Public Finance, or Cost and Management Accounting (NQF level 7).
- A minimum of 3 years relevant supervisory experience in financial management.
- A valid driver’s license is essential.
- Knowledge of departmental policies, procedures, and government priorities.
- Strong skills in planning, organizing, report writing, negotiation, and decision-making.
- Exposure to financial accounting practices is an added advantage.
How to Apply
Please submit your application before the closing date as late applications will not be considered.
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Requirements
Matric plus Bachelor’s Degree in Financial Management / Accounting / Public finance/Cost and Management Accounting (NQF level 7) as recognised by SAQA.3 years relevant supervisory experience.
A valid driver’s license.
Competencies: Knowledge of Departmental policies and procedures, Reporting procedures and Government Priorities.
Skills: Planning and Organizing, Report writing, Negotiation and Decision making.
Exposure and training in Financial Accounting will be an added advantage.
Job Duties
To Ensure adherence to PFMA, Treasury Regulations, Financial Manual and relevant Departmental Policies and Procedures as well as the implementation thereof; Prepare Monthly, Interim and Annual Financial Statement timely; Attend Meetings and Conferences with Supervisor; Determine and develop training needs to Subordinates; Control Subordinates Performance reports and perform personnel performance functions; Assist with the implementation of recommended solutions regarding the Departmental Systems and processes to improve Departmental efficiency; Assist with the compilation of section 40, Monthly Compliance Reports to Treasury as well as Reports requested by Management; Ensure that confirmation Letters are received and provided from/by the Department/s and ensure that all Inter-Departmental Receivables and Payables are cleared monthly; Provide administrative support and best accounting practices to subordinates and business units and to all Responsibility and Line Managers on all aspects of functional areas; Writing of correspondence within and outside the Department, and to be assigned by a Higher-Level Manager and ensure excellent verbal communication skills; Ensure the continuous development of quality improvement of Sub-Ordinates; Liaise on administration matters with other Departments, the Public and Service Providers; Attend to internal and external Audit matters; clearing the suspense and interdepartmental account; hold weekly meetings with Sub- Ordinates and provide feedback report to the Deputy Director; hold monthly meetings with the Deputy Director; Supervise Sub-Ordinates and their duties.Timely payment of Suppliers of goods and services (100% of Service Providers payments finalized each month over the 12-month financial period); Authorise the payment of transfers and subsidies processed on the accounting system.
Supervise employees to ensure an effective financial accounting service.
Ensure that all supervisees are trained and developed to be able to deliver work of the required standard efficiently and effectively.
Manage performance, conduct and discipline of supervisees.
