Chief Financial Officer at uMshwathi Municipality

TOTAL REMUNERATION PACKAGE PER ANNUM (ALL INCLUSIVE)

• Minimum: R 1 174 283 
• Lower: R 1 202 466 
• Midpoint: R1 231 325 
• Upper: R 1 260 877
• Maximum: R 1 291 138

Key Requirements 

• A Bachelor Degree in Accounting / Finance / Economics or relevant NQF Level 7 qualification. 
• A minimum of five (5) years’ experience at senior management level or five (5) years’ experience at middle management level or the balanced combination of specified experience. 
• A proven record of accomplishment at a Management level in Local Government Finance. 
• Extensive and practical experience in the Local Government financial environment. 
• Demonstrate practical experience with the implementation of the Municipal Finance Management Act, Treasury Regulations, Supply Chain Management and other related legislation governing Local Government. 
• A qualification in the Certificate Programme in Management Development for Municipal Finance (CPMD/MFMP) or attaining the qualification within a reasonable timeframe in terms of Municipal Regulations on Minimum Competency Levels of 2007. 
• A valid code B driver’s license.

Leading competencies 

• Strategic direction and leadership
• People management
• Program and project management 
• Financial management 
• Change leadership 

Governance leadership:

Core Competencies 

• Strategic financial management Operational financial management Governance, ethics and values in financial management
• Financial and performance reporting
• Risk and change management 
• Project management
• Legislation, policy and implementation 
• Stakeholder relations
• Supply Chain Management Audit and assurance
• Revenue Enhancement
• Revenue Collection Asset Management.
• Knowledge Advanced knowledge and understanding of relevant policy and legislation.
• Advanced understanding of institutional governance systems and performance management.
• Advanced understanding of Council operations and delegation of powers. Good governance.
• Audit and risk management establishment and functionality.
• Budget and finance management.
• Ability to be an innovative and strategic leader.

Key Performance Areas

Reporting directly to the Accounting Officer, the incumbent shall be expected to:

• Ensure the implementation of General Accounting Practice (GRAP) Standards.
• Provide strategic leadership in the Finance Services Department of the Municipality.
• Develop and continuously evaluate short- and long-term strategic financial objectives and ensure that internal financial targets and budgets are fully consistent with the Municipality’s IDP, SDBIP’s and relevant agreements with other sectors of Government.
• Ensure effective and efficient management and control of municipal bank accounts and investment of surplus funds.
• Meet reporting requirements as required in terms of financial management legislation such as the MFMA, Treasury Regulations and the DORA.
• Monitor financial risks and implement an anti-fraud and corruption strategy in collaboration with risk management.
• Compile budget estimates, monthly forecasts, project planning and produce adjusted cash flows.
• Participate during the preparation of the Municipality’s IDP and SDBIP’s to ensure effective and efficient performance.
• Develop tools and systems to provide critical and operational information to the Management of the
• Municipality and make actionable recommendations on both strategy and operations.
• Formulate creative solutions to enhance cost-effectiveness in the delivery of services and the administration of the Municipality.
• Liaise with relevant role-players in the financial environment regarding transverse financial matters.
• Manage all resources assigned to the incumbent and provide exemplary leadership toward a culture of Corporate Governance and Ethics.
• Be responsible for Financial Performance Management Reporting, Municipal Supply Chain Management, Internal and External Audits and Accountability.
• Assist the Accounting Officer with other roles and responsibilities delegated to the CFO position in terms of the relevant legislation.
• Effective staff utilisation of staff, labour relations and discipline.
• Added Advantage: Registration with relevant Professional body