Deputy Director: Financial Statements and Reporting Management at City of Tshwane

Reference number FISE588-2024

Job purpose

To collect and process information from monthly financial statements to report on the financial position of the City of Tshwane, compile annual financial statements in accordance with applicable legislation and accounting standards, make financial information available as required by legislation and render an internal support service by providing financial information regarding financial statements, the financial position of the City of Tshwane as well as financial ratios

Appointment requirements

• An appropriate three-year career-related tertiary qualification (national diploma or degree) in Finance or Accounting or any other study field related to the position
• Registration as a Chartered Accountant (CA(SA)), registration with the Chartered Institute of Management Accountants or registration with any other accounting profession will be an added advantage
• At least eight years’ working experience in financial accounting or an auditing environment in the public or private sector, of which at least four years’ experience in the preparation of financial statements using CaseWare software and at least four years’ experience should be at managerial level
• Must undergo vetting and a lifestyle audit
• Compliance with the MFMA unit standards, as prescribed by Regulation 493 of 15 June 2007, as published in Government Gazette 29967 of 15 June 2007, will be an added advantage
• A valid Code B driving licence
• Computer literacy with SAP proficiency and advanced Excel skills

Personal attributes and/or competencies

• Accounting: Establish appropriate accounting systems for the organisation and ensure that the rules of GRAP and other good accounting practices are adhered to
• Budgeting: Establish and manage credible budgets within legislative, political and administrative mandates
• Financial management: Drive the optimisation of the municipality’s financial management through the use of standard operating procedures
• Financial reporting: Identify the overall objectives of financial reporting, the specific information needs of stakeholders and the general information needs of others
• Organisational awareness: Understand the key drivers in the sector and the City of Tshwane and apply this understanding to meet service delivery objectives and challenges
• Planning and organising: Plan activities within specific time frames and then execute these activities according to plan

Primary functions

• Assist the director with overseeing the compilation of monthly, quarterly and annual financial statements
• Assist the director with overseeing the compilation of annual consolidated financial statements
• Make available financial information on a monthly basis to different internal and external stakeholders
• Ensure the development of financial year-end closure activities
• Ensure that reconciliations on monthly management accounts stemming from departments take place
• Account for capex and opex grants stemming from the National Treasury
• Account for and disclose statement of financial performance line items
• Account for and disclose statement of financial position line items
• Account for and disclose cash flow statements
• Account for and disclose the statement of changes in equity
• Assist in the disclosures and notes to the financial statements
• Respond to Auditor-General audit findings
• Manage internal and external processes
• Provide an internal support service to top management
• Make available financial information to management and external stakeholders