About the Role
The Department of Treasury in Pretoria is seeking a Chief Financial Officer at the Deputy Director-General level to provide strategic leadership in financial management. This pivotal role is designed for an experienced professional who will oversee financial operations and advise on the implementation of financial policies. By ensuring that the department’s financial strategies are aligned with national regulations, this position plays a vital part in maintaining the economic integrity of public service in South Africa. Your contributions will help secure the financial health of initiatives that directly impact the community.
As the Chief Financial Officer, you will be based in Pretoria, the administrative capital of South Africa. This role is not just about managing numbers; it’s about empowering the department to better serve the citizens of our country. Effective financial strategies can lead to improved public services and infrastructure, making this an important role for anyone looking to make a difference in public service.
About the Department
The Department of Treasury is dedicated to promoting economic stability and growth through sound financial management and policy formulation. Its mission is to ensure that public funds are managed efficiently and transparently, supporting the government’s broader goals. Working in this department means being part of a team that is committed to responsible fiscal governance and making a tangible impact on the lives of South Africans.
What You’ll Do
- Provide strategic leadership in developing and implementing finance policies and directives.
- Conduct research on the latest trends in finance to inform departmental strategy.
- Source and advise on financial policies from the National Treasury to ensure compliance with regulations.
- Oversee all financial operations, including budgeting, forecasting, and financial reporting.
- Prepare and present detailed reports on budget irregularities to the Executing Authority.
- Manage the implementation of the department’s financial strategies and budget devolution initiatives.
- Establish effective financial, risk, and internal control systems to safeguard resources.
- Compile operational plans for the branch and manage performance and development of employees.
What You’ll Need
- A minimum qualification at NQF level 8 in Financial Management or a related field.
- At least 8 years of experience at a senior managerial level in Finance Management.
- Registration as a chartered accountant is an added advantage.
- Extensive knowledge of the Public Finance Management Act and Treasury Regulations.
- Strong executive management, analytical, and problem-solving skills.
- Excellent communication and interpersonal skills to liaise effectively with stakeholders.
- Ability to work independently and as part of a team in a fast-paced environment.
How to Apply
Email applications for this position must be submitted according to the instructions provided below.
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Requirements
A minimum qualification at NQF level 8 as recognised by the SAQA in Financial Management or related field of study.8 years of experience at a senior managerial level in Finance Management.
Registration as a chartered accountant will be an added advantage.
Knowledge: Strategic Planning, Strategic Knowledge Management, Business analyses and risk management, Change management and organisational development, Extensive knowledge of department strategic objective, In-depth knowledge of government protocol processes, Development and implementation of strategies, Public Finance Management Act, Supply Chain Management, Financial and budget administration processes and systems, Public Service Regulations, Treasury Regulations and directives (MTEF, ENE and Adjustment Estimates), Government Budget Systems and procedures, Government Financial Systems (PERSAL, PMIS, WCS, LOGIS and BAS).
Skills: Executive management skills, Sound analytical and problem identification and solving skills, Advanced report writing, Organising and planning, Computer utilisation, Policy formulation, Negotiation skills, Advanced communication (verbal and written), Advanced interpersonal and diplomacy skills, Time management, Decision making skills, Conflict management, Motivational skills, Programme and management skills.
Personal Attributes: Innovative, Resourceful, Ability to work effectively and efficiently under sustained pressure, Ability to meet tight deadlines whilst delivering excellent results, People orientated, Assertive, Ability to work independently, Team player.
Willing to adapt work schedule in accordance with professional requirements.
Job Duties
Provide strategic leadership in the development, implementation and maintenance of Finance policies, directives, guidelines and strategic plans: Undertake research on latest finance trends.Collate all relevant information and infuse them in Finance strategic policy.
Source financial policies, guidelines and directives from the National Treasury.
Advise and monitor the implementation of National Treasury policies and guidelines in the Department’s Strategic Plan.
Evaluate and monitor compliance to Medium Term Expenditure Framework.
Ensure that the department’s strategic objectives are aligned to regulations (particular on finance).
Undertake the effective monitoring and evaluation of department’s financial policies.
Oversee all financial operations, including accounting, budgeting, forecasting, and 129 financial reporting: Oversee the collation of components budgets.
Ensure that the department’s expenditure is in accordance with budget vote.
Ensure that effective and appropriate steps are put in place to prevent unauthorised, irregular and fruitless expenditure.
Prepare and present reports to the Executing Authority on budget irregularities.
Prepare Departments’ budget vote statements.
Ensure that budget management complies at all times to the PFMA and MTEF.
Ensure that financial reports/statements adhere to applicable financial standards.
Manage the implementation of the department trading entity’s financial strategies: Develop guidelines and strategies to manage the effective implementation of budget devolution initiatives and strategies.
Oversee and monitor the implementation of the developed guidelines and strategies.
Support the Director-General and management in the execution of their functions in terms of PFMA and Treasury Regulations: Establish and maintain effective and efficient financial, risk and internal control systems.
Ensure the effective, efficient, economical and transparent use of Department’s financial resources.
Manage Department’s working capital efficiently and economically; monitor the preparation and keep full and proper records on Department’s financial affairs.
Monitor the settling of all contractual obligations and collection of monies owing to the Department.
Advise the Minister, Director General and Heads of Departments on financial management related policies.
Monitor the implementation of policies on the management and writing off of damaged and lost assets; act as a link between the Department, National Treasury, Financial Institutions and relevant stakeholders.
Represent the department in financial related matters.
Manage the Branch: Plan, organise and control activities pertaining to the functions of the branch; Develop and manage the operational plan of the Branch and report on progress as required.
Manage performance and development of employees.
Establish, implement and maintain efficient and effective communication arrangements.
Compile and submit all required administrative reports.
Quality control of work delivered by employees.
Manage and monitor the budget and expenditures for the Branch.