Financial Management Grant Intern
Newcastle Municipality · Newcastle, KwaZulu-Natal
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Start free — we apply for you →Qualifications
- Bachelor's Degree NQF Level 7 or National Diploma NQF Level 6 with majors in Economics, Accounting or Finance, Internal Auditing or Risk Management
Responsibilities
- Ensure compliance to the Municipal Finance Management Act;
- Assist in the compiling of Audit File;
- Process adjustments on accounts through debit/credit;
- Physical verification of all movable assets;
- Prepare documentation supporting acquisitions, transfers and disposals;
- Prepare the bank recon and monthly reports relating to the bank recon on a monthly basis;
- Accrue interest once a month on all investments and loans;
- Ensure that the interest accrued is paid into the bank account by verifying the amount on the bank statement;
- Journalise all interest capitalised on investments;
- Align mapping of the AFS to be compliant with mSCOA requirements;
- Assist during the budget process with co-ordination, capturing, analysing budget inputs from departments;
- Scrutinization of budget and applicable data strings before approval;
- Assist in ensuring that the credible vote structure is created and maintained;
- Assist with the mSCOA implementation;
- Preparation of budget documents;
- Prepare and compile of the MFMA monthly, quarterly reports;
- Preparation and analysing of all departmental budget performance reports;
- Capturing of virements and journals;
- Assist in preparing monthly income/expenditure reconciliations;
- Assist with incentive schemes applications.