Branch Financial Advisor at Department of Trade, Industry and Competition

REQUIREMENTS :

• B Degree (NQF 7) in Finance/ Business Administration / Supply Chain Management or equivalent qualification.
• 3-5 years’ Managerial experience in Financial Management in the Public / Private Sector. 

DUTIES :

• PFMA & Treasury Compliance. Ensure adherence to delegations of power and Treasury/departmental policies on all payments and transactions. Verify supporting documentation, completeness of records and correctness of calculations for transactions. Advise management on PFMA/SCM compliance and facilitate training interventions for branch staff.
• Coordinate responses to audit queries and compile management comments and supporting documents. Financial Reporting & Analysis. Provide accurate inputs to management accounts and the Annual Financial Statements/Annual Report. Analyse branch performance, explain variances and advise on contingent liabilities. Prepare information and inputs for portfolio committee or senior management presentations as required. Budgeting & Cash Flow Management. Cost and verify budget requirements, prepare budget breakdowns and motivations.
• Project and verify cash flows, monitor spending against cash flows and report on cash flow status. Advise on budget reallocations and ensure spending aligns with approved cash flows and business plans. Budget Allocations & Control. Monitor expenditure according to projections and follow up on over/under spending areas. Prepare budget re-allocation requests and submit budget breakdown summaries per unit/directorate. Support accurate capturing of budget breakdowns on BAS and ensure SCOA compliance. Supply Chain Management & Procurement Support. Facilitate procurement processes, ensure correct procurement routes are followed and advise on tender specifications.
• Administer stores and orders, monitor committed funds and assist with asset verification and movement reporting. Provide SCM advisory support during supplier selection, adjudication and contract administration. Expenditure Control & Payments Administration. Confirm availability of funds, verify BAS reports and ensure correctness of expenditure and commitments. Administer payment processes, verify SCOA codes and initiate re-allocations where required.
• Manage S&T claims processing, payroll certification checks and petty cash reconciliations. Track and report on revenue collection and recovery of staff cellphone/private call costs. Donor Funding & Special Projects. Track donor-funded projects, disbursements as per MOUs and report on donor funding status. Provide financial oversight for project-specific allocations and ensure compliance with donor conditions. Stakeholder Engagement & Advisory. Liaise with Management Accounts, National Treasury, Auditor-General and other stakeholders on financial matters.
• Provide advisory services to branch officials and support responses to external stakeholders and audit bodies. Unit Management & Administration. Supervise staff, coordinate inputs for business plans, monitor performance and oversee unit administration. Manage financial resources and assets of the unit and contribute to operational planning and reporting.