The National Treasury is responsible for managing South Africa’s national government finances. Supporting efficient and sustainable public financial management is fundamental to the promotion of economic development, good governance, social progress and a rising standard of living for all South Africans. The Constitution of the Republic (Chapter 13) mandat...
Read more about this company
Deputy Director :Municipal Finance Recovery Services
A Grade 12 is required coupled with a Bachelor’s degree (equivalent to NQF level 7) in Public Finance or Business Economics or Accounting. A minimum of 4 years’ experience of which 2 years should be on an Assistant Director level or equivalent obtained within a financial environment. Knowledge of challenges facing local government finances in the context of the Municipal Financial Management Act. Knowledge and understanding of the legislative framework on local government.
DUTIES :
Legislative framework: Provide assistance pertaining to legislative clarification of the S139 Constitutional Framework, MFMA, including governance, finance and institutional mandates. Supplement the review of the LG fiscal Framework with findings from the intervention process. Provide a framework of legal options for Intervention, Assist in the preparation of the financial recovery plans. Analysis and evaluation: Analysis of financial ratios and its interpretation for municipalities under financial recovery. Review and analyse annual financial statements, budgets, in year reports, audit and management reports, other financial reports, plans to detect problems. Conduct evaluation on financial and non-financial aspects, refine and develop recovery plans, Analyse sources of information required for FRP development. Conduct research, evaluation a advice on appropriate intervention and best intervention practices, Reviewrequest for facilitation of financial disputes and provide appropriate advice. Monitoring and reporting: Assess and monitor the state of municipal finances, Interpret data and analyse information, Articulate in reports findings from the assessment, Monitor the implementation of the financial recovery plan and prepare progress report. Rendering Advice: Draft submissions, letters, in the execution of advice to stakeholders, Provide advice to municipalities on intervention matters, Attend meetings relating to interventions and development of recovery plans. Draft and present proposed interventions on improved recovery mechanisms, Liaise with key stakeholders, other departments, creditors on recovery initiatives
Gmail
Yahoomail