Assistant Director: Policy Development & Internal Control at National Treasury

Qualification/s Requirements

• A Grade 12 is required coupled with a minimum National Diploma (equivalent to NQF 6) or Bachelor’s degree (equivalent to NQF 7) in any of the following disciplines: Financial Management or Financial Accounting or Auditing;
•  A minimum 3 years’ experience in obtained an accounting environment with specific reference to financial reporting, compliance monitoring, internal control and risk management;
•  Knowledge and experience of exposure in internal control;
•  Knowledge and experience of exposure in financial reporting; and 
•  Knowledge of the Public Finance Management Act (PFMA), Treasury Regulations. 

Key Performance Areas

Organisational culture and performance: 

• Review mid-year and annual financial statements;
• Monitor the financial management policies, prescripts and procedures for compliance;
• Monitor compliance on governance framework for conformity;
• Maintain and monitor the entity databases ,BAS and Safety web in accordance with the relevant prescripts,
• Monitor reviews pertaining to departmental losses and confirm clearance for recording in the Loss Control; Register with supporting documentation; and
• Monitor and confirm budget manager’s specimen signature and delegations. 

Organisational Assets and Resources Verification: 

• Update filing system with accounting and financial information in line with relevant prescripts;
• Comply to internal control measures pertaining to source documents and strengthen the risks in documents control and security of info;
• Prepare and/or review information/details to be included in departmental reports as prescribed;
• Verify information /details contained in departmental reports for correctness and appropriateness; and
• Assist in the implementation of financial norms and standards and engage with stakeholders through the Financial Management information and awareness sessions. 

Monitoring and Compliance: 

• Monitor the implementation and alignment of internal policies and procedures pertaining to their application in business; 
• Review the application of prescribed policy and procedures for enhancement; 
• Provide inputs into policy, prescripts, guidelines and related control measures;
• Monitor the application and procedures pertaining to systems, e.g., BAS, Persal and LOGIS and suggest remedial solutions;
• Monitor the department’s contract management compliance against prescribed regulations; and 
• Initiate benchmarking on internal control processes for implementation into the broader business.

 Audit Coordination: 

• Oversee the coordination of the external audit of the department as well as the internal audit pertaining to the review of the financial statements;
• Monitor and record auditor’s requests for information; and 
• Monitor and record auditor’s communication of audit findings as well as comments from management.