About the Role
The Department of Finance is seeking a Chief Financial Officer to be based in Polokwane. In this pivotal role, the successful candidate will oversee strategic financial management services within the Local Municipalities of Limpopo. This position is vital as it ensures the integrity of financial operations and compliance, ultimately supporting the effective delivery of public services to the community. By managing the overall financial health of LOCMA, the Chief Financial Officer plays a crucial part in enhancing the economic stability and growth of the region, impacting the lives of countless residents.
As a leader in this role, you will engage with executive management and the Board to provide strategic financial advice, ensuring that financial resources are available to meet the organization’s goals. Your expertise will help shape the financial strategy, supporting sustainable development and responsible governance in Polokwane and surrounding areas.
About the Department
The Department of Finance is tasked with ensuring the effective management of public funds in South Africa. Its mission encompasses providing fiscal oversight, ensuring compliance with financial regulations, and promoting transparency and accountability in public spending. Working within this department means being part of a team dedicated to upholding the principles of good governance and financial stewardship, which are essential for fostering public trust and enhancing community well-being.
What You’ll Do
- Lead and manage all financial and management accounting activities, including budget preparation and compliance.
- Oversee revenue collection and supply chain management to optimize resource allocation.
- Implement and enhance accounting and internal control systems in line with GRAP and PFMA regulations.
- Develop a cost management strategy using effective financial management techniques.
- Provide strategic financial advice to executive management and the Board, ensuring the availability of resources.
- Ensure timely and accurate financial reporting to governance structures.
- Direct cash flow management and operations of finance personnel.
- Monitor compliance with financial policies and assess risks associated with new projects and agreements.
- Facilitate the annual audit process and respond to findings effectively.
- Guide the implementation of human resource policies and ensure effective IT services are provided.
- Establish service levels and evaluate the efficiency of service delivery methods.
What You’ll Need
- An NQF level 7 (bachelor’s degree) in a relevant field.
- Registration as a Chartered Accountant (CA(SA)) with the South African Institute of Chartered Accountants (SAICA).
- A minimum of five (5) years of experience in a middle/senior managerial level in finance.
- Successful completion of the Pre-entry Certificate for the Senior Management Service (SMS).
- Extensive knowledge of financial management, PFMA, Treasury Regulations, and GRAP.
- Strong strategic capability, leadership, and project management skills.
- Excellent problem-solving, people management, and communication skills.
- A detail-oriented approach with a strong sense of accountability and ethical conduct.
How to Apply
All applications must be hand delivered at: 389 Sophie De Bruyn Street, Pretoria. To submit an application online, click the link under the post you wish to apply for.
Requirements
An NQF level 7 (bachelor’s degree) in a relevant field.Registration as a Chartered Accountant (CA(SA) with the South African Institute of Chartered Accountants (SAICA).
A minimum of five (5) years of experience at middle/senior managerial level in Finance.
Successful completion of the Pre- entry Certificate for the Senior Management Service (SMS) as endorsed by the National School of Government.
Extensive knowledge of financial management, the Public Finance Management Act (PFMA), Treasury Regulations and Generally Recognised Accounting Practice (GRAP).
Knowledge of the local government sector, and of the Public Service Act and Regulations.
Strategic capability and leadership, programme and project management, financial management, change management, knowledge management and service delivery innovation (SDI) skills.
Problem solving and analysis, people management and empowerment, and client orientation and customer focus skills.
Attention to detail.
Good verbal and written communication skills.
Accountability and ethical conduct.
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Job Duties
The incumbent will be responsible for strategic oversight of financial management services within LOCMA.Assume overall responsibility for general financial and management accounting activities, budget preparation and compliance, revenue collection, supply chain management, asset management, payroll and banking functions, ensuring compliance with relevant legislation, prescripts, policies and agreements.
Establish, implement and enhance accounting and internal control systems, policies and procedures in compliance with GRAP, the PFMA, Treasury Regulations and other legislation.
Develop and implement a cost management strategy through effective accounting controls and financial management techniques.
Ensure compliance with policies, provide guidance, and assess the risks and financial viability of existing and new policies, projects and customer agreements.
Direct the financial strategy of the organisation to ensure the availability of adequate financial resources.
Provide strategic financial advice to executive management and the Board.
Ensure timely and accurate financial reporting to all internal and external governance structures.
Set parameters for cash flow management and for the operations of finance personnel.
Ensure the integrity of financial data in terms of timeliness, accuracy and reliability.
Oversee and provide assistance during the annual audit, respond to audit findings and implement recommendations as required.
Keep abreast of new trends in accounting, financial management and budgeting.
Provide strategic direction in the implementation of human resource policies, prescripts and strategies.
Ensure the provision of information technology (IT) services and the effective mitigation of associated risks.
Ensure the provision of office support services, including facilities management.
Establish appropriate service and staffing levels, monitor and evaluate the efficiency and effectiveness of service delivery methods and procedures, and allocate resources accordingly to meet LOCMA’s strategic priorities.
Take responsibility for the related sections of the Annual Performance Plan (APP), Shareholder Compact and Annual Report.
