Director: Finance at City of Johannesburg

Minimum Requirements: 

• Grade 12/NQF level 4; 
• BCom Degree in Accounting / Financial Management or Any Accounting and finance related qualification at NQF 7; 
• 10 years’ financial management experience of which 5 years should be at middle management; 
• 5 years municipal financial management experience, Management of local government operational and capital expenditure processes, Financial Analysis and Reporting, Asset Management; 

Primary Function:

• The main purpose of this job is to direct and lead the Finance department of the Legislature by ensuring that the finances in the office are properly managed, used and accounted for. This role also plays an oversight role to ensure that there is proper governance and compliance with the regulatory and/or legislative prescripts within the Legislature. 

The main purpose of this role can be summarised as follows, to strategically: 

• Ensure that there is sound financial management in the Legislature by maintaining financial control and ensuring that finances are properly administered, accounted for and monitored; 
• Play an active role in the development and roll out of the strategic initiatives to improve financial management and to implement sound internal controls in the Legislature; 
• Play a leading role in change management initiatives and new process aimed at improving financial management in the Legislature; 
• Act as pillar of support to other departments within the Legislature; 
• Promote good governance by enforcing compliance with all the relevant financial regulations and/or legislative prescripts; 
• Ensure that the Legislature meets all the financial reporting responsibilities within deadlines; 
• Benchmark specific best practices regularly to facilitate innovation and improvement in order to achieve excellent results; 
• Ensure that the Finance department for Legislature is recognised as a Centre of Excellence by employees, senior management, stakeholders and fellow employees through providing sound financial solutions within reasonable turnaround time. 

Key Performance Areas: 

• Lead the preparation of the budget and allocate financial resources to carry out planned programmes; 
• Guide and provide reports on the status of financial management in the Legislature; 
• Lead compliance with GRAP (General Recognised Accounting Principles), Standards and Group Finance requirements for the Legislature; 
• Lead and direct the execution of the acquisition plan for the Legislature to ensure that its done in compliance with supply chain management policies (SCMP), procedures and practices notes; 
• Lead the management of assets through planning, acquisitions and reporting; 
• Lead the management of financial risks to ensure that they are well managed and minimised, while ensuring good governance in the Legislature; 
• Ensure that all stakeholders that have queries in the financial affairs of the Legislature are assisted by the Finance Directorate timeously, diligently and satisfactory in order to harness good relations with the Legislature; 
• Lead and direct staff within the Directorate so that they are able to achieve the objectives and defining/adjusting the role boundaries, workflow processes and job design against laid down service delivery requirements.