Qualification/s Requirements
- A minimum Grade 12, coupled with a Bachelor’s degree (equivalent to NQF level 7) is required in Accounting or Finance;
- CFA/CA will be an added advantage;
- A minimum 5 years’ experience at a middle or managerial level obtained in a financial environment, or public sector environment. Knowledge of the broader financial management framework;
- Knowledge and experience of analysing financial reports, business and strategic plans;
- Knowledge of the PFMA, Treasury Regulations and the Public Entities policy framework; and
- Successful completion of the Nyukela Public Service Senior Management Leadership Programme as endorsed by the National School of Government available as an online course on https://www.thensg.gov.za/training-course/sms-pre-entry-programme/, prior to finalisation of an appointment.
Key Performance Areas
Review and implement any legislative and other Treasury’s Reporting requirements in terms of the Public Finance Management Act and Treasury Regulations:
- Participate in key legislative and policy reforms related to these entities and contribute through formal written input and other stakeholder engagement;
- Participate in key discussions related to Instruction Notes and updates and where possible, identify challenges with existing Instruction Notes and entity compliance by making submissions to the relevant authority such as the Office of the Accountant General; and
- Stay abreast of any policy and treasury reporting requirements and be a key interface with entities to ensure compliance. Direct the formulation and implementation of governance, monitoring and reporting frameworks.
Financial Analysis and Reporting:
- Evaluate Strategic Plans, Corporate Plans, Shareholders Agreements, Annual Performance plans for Public Entities reporting to the Minister of Finance;
- Analyse Public Entities expenditure trends and monitor financial management and performance in Public Entities as prescribed by the PFMA and Treasury Regulations;
- Provide financial inputs in relation to PFMA applications and other functions within the Chief Directorate;
- Evaluate annual reports of Public Entities reporting to the Minister and Monitor the performance as well as alignment with set objectives and programmes; and
- Direct the formulation and implementation of governance, monitoring and reporting frameworks.
Budget Analysis, review of annual budget allocations:
- Review and assess Public Entities Medium Term Expenditure Framework (MTEF), Estimates of National Expenditure (ENE), Adjusted Estimates of National Expenditure (AENE) budget allocations;
- Draft chapters and provide inputs relevant to the ENE;
- Review, research, analysis of fiscal implications and engage through submissions on public entities in alignment with legislation, regulation, policy proposals, and service delivery trends;
- Prepare submissions and engage the Chief Financial Officer on retention and roll-overs of surplus funds; and
- Lead the development and implementation of financial performance oversight strategies for public entities reporting to the Minister of Finance.
Stakeholder relations:
- Engage SOC’s and liaise on the provision of information, inputs and recommendations; and
- Provide advice to the Director-General and Minister on Cabinet Memoranda, Ministerial correspondence pertaining to Public Entities. Contribute to NT publications, MTBPS, Budget Review, and ENE.