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  • Posted: Jan 22, 2025
    Deadline: Not specified
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  • The Armaments Corporation of South Africa Ltd (ARMSCOR) is a South African state-owned entity mandated by the Armaments Development and Production Act, 1968 (Act 57 of 1968), and continues its existence through the Armaments Corporation of South Africa, Limited (Ltd) Act, 2003 (Act 51 of 2003).The Minister of Defence and Military Veterans is the executive...
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    Assistant Finance Manager X2 REF No: 9993119 & 9993071

    QUALIFICATIONS AND EXPERIENCE:

    • B.Com. Accounting with Completed Articles.
    • 5 to 8 years work experience in a Financial Reporting environment.
    • Experience with preparation of financial statements.
    • Practical experience in the analysis and evaluation of financial statements.

    KEY RESPONSIBILITIES BUT NOT LIMITED TO:

    • Preparation of financial statements.
    • Ensure compliance of financial transactions to GRAP and PFMA in order to achieve a clean audit report.
    • Support capital projects and other business improvement initiatives by providing business intelligence, financial analysis and (financial) functional inputs into planning & approval processes.
    • Execution of insurance related activities and timeous debtors collection
    • Supervise the Systems and Data Support functions and the maintenance of charts of accounts
    • Compile and/or review the monthly reconciliations prepared by Senior Finance Officers, including reconciliations of all bank accounts
    • Compile working papers for utilisation by the DOD and external auditors and assist with internal and external audit queries.
    • Review of monthly bank reconciliations and monitoring of investments to ensure optimal cash is available for operations
    • Approve the purchase/selling of foreign currency and financial payments.
    • Providing input on financial feasibility of special projects, ad hoc-inquiries, and related ad hoc-analyses.
    • Provide input into the controls needed for data accumulation and reporting systems.
    • Provide support and advice to internal clients with regard to the financial reporting process and queries on financial reports.

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