Deputy Director: Financial Risk Management

Appointment requirements

• An appropriate career-related tertiary qualification (three-year national diploma or degree) in Public Financial Management, Accounting, Finance or Economics, or National Diploma: Public Finance Management and Administration (SAQA Qualification ID No 49554) or any other finance-related study field
• At least eight years’ relevant working experience in financial risk, audit and assurance environment
• Managerial experience will be an added advantage
• Registration with a professional body will be an added advantage
• Compliance with the unit standards of the Local Government: Municipal Finance Management Act, 2003 (Act 56 of 2003), as prescribed by Regulation 493 of 15 June 2007, as published in Government Gazette 29967 of 15 June 2007, will be an added advantage
• Proficiency in SAP and experience in the Municipal Standard Chart of Accounts will be an added advantage
• A valid Code B driving licence
• Computer literacy
• Must undergo a criminal record check and such a person shall allow their fingerprints to be taken by the Tshwane Metro Police Department at own cost 

Personal attributes and/or competencies

• Good written and verbal communication skills; advanced management skills; ability to work under pressure; basic background of property law and principles; advanced knowledge of the Local Government: Municipal Property Rates Amendment Act, 2014 (Act 29 of 2014); basic knowledge of other legislation relevant to local government; ability to cope with stress

Primary functions

• Monitor and control the operational and strategic risk for the department
• Prepare reports for the Integrated Risk Committee
• Identify emerging risks for the department and come up with relevant controls
• Support the Financial Reporting and Assets Division on audit matters
• Execute financial risk management functions to support financial reporting
• Keep informed of the economic status of components that will have an impact on the City’s objectives
• Use systematic and formalised processes instituted by the City to identify, assess, manage, monitor and report on financial risks to ensure the achievement of the City’s objectives
• Identify potential events that may affect the City to minimise risks to the City’s property, services and employees to ensure the continuity of municipal operations
• Assist with the development of strategies that will help the City to minimise financial risks
• Guide departments towards adhering to statutory requirements and financial regulations laid out by the Local Government: Municipal Finance Management Act, 2003 (Act 56 of 2003)
• Make use of various valuation techniques and tools, statistical models and quantitative analysis to complete required jobs
• Analyse various research data by doing reviews of accounting and financial documents