Chief Financial Officer

REQUIREMENTS

• Post Graduate Degree: Accounting, Financial Management or Economics registered on the National Qualifications Framework at NQF level 8 with a minimum of 120 credits or Chartered Accountant SA. Minimum competency as per the National Treasury: Local Government, MFMA: Minimum Regulation on Competency Level, Gazette No 29967 issued 15 June 2007.
• Minimum of 7 years at senior and middle management levels, of which at least 2 years must be at senior management level.
• Practical experience in compilation of Annual Financial Statements AFS. A Valid driver's licence and NO criminal record. Registration with a recognised, relevant and finance related professional body.
• Good knowledge and understanding of relevant financial management policies and legislation. Good understanding of municipal governance and performance management systems. Good knowledge of supply chain management regulations and the Preferential Procurement Policy Framework Act, 2000 Act No 5 of 2000.

RESPONSIBILITIES

• Contribute to strategic planning and budget alignment and report to the Executive and Management team. Develop the MTREF in line with the requirements of the MFMA. Develop and implement a budget spent management system to monitor the budget to prevent over- or under-expenditure.
• Compile annual and mid-year financial statements in line with GRAP and submit to the Auditor-General. Ensure that all financial reconciliations are performed and that reports are submitted to relevant stakeholders.
• Implement the MFMA implementation plan. Ensure effective functioning of Supply Chain Management. Establish an updated Asset Register and the corresponding asset management policy and procedures to enforce compliance with and implementation of GRAP. Compile all relevant financial policies and procedures to ensure sound and sustainable financial management.