Divisional Head: Financial Reporting and Budget Management - FINA20484 at Ekurhuleni Metropolitan Municipality

Responsibilities

• Ensure optimization of the financial delivery value chain through strategic planning and alignment of budget and management accounting practices and processes as per accepted protocols and legislation, in alignment with the finance strategy
• Develop, input and advise on strategic capability and leadership to implement and contribute t the overall Departmental strategy
• Management the City financial reporting and treasury operational processes to ensure that the reported financial results are accurate, timely and relevant
• Manage the budget and accounting processes to ensure that the budget is approved annually
• Management of grants and donations received
• Manage the compilation and monitoring of the multi-year capital and operating budget, including the maintenance of the internal costing systems
• Manage the annual financial statement process as determined by the MFMA to ensure that annual financial statements and consolidated financial statements are compiled
• Manage the MFMA implementation and compliance monitoring to ensure that the MFMA is being complied with
• Manage the reporting on monthly financial results to ensure that council and top management receive accurate and timely financial information to guide decision making and to ensure compliance with the MFMA
• Manage the process for developing asset management plans to establish a performance measurement system to evaluate the effectiveness of assets utilization
• Manage the internal control operational process to ensure that a sound system of internal control is maintained, and the City complies with its policies, laws and regulations
• Manage the asset management systems and processes to ensure that Council asset registers, asset management processes are complete and accurate
• Manage the City treasury functions and processes to achieve diversified funding sources, investment and cash management, improved liquidity and increased investment position
• Ensure governance and risk management compliance to ensure compliance to the MFMA and other relevant legislation, policies, processes and resolutions and minimize risk

Job Requirements

• Honours BCom Degree in Accounting or equivalent NQF Level 8 qualification
• NQF Level 5 Finance Management Qualification (MFMA) in terms of National Treasury requirement will serve as an advantage
• 5 years' relevant experience with at least 3 years at senior management
• Proven leadership ability to lead organisational change, development of staff and teamwork
• ·Effective problem-solving ability supplemented by strong analytical and organisational skills
• Excellent communication (oral and written) and interpersonal skills
• Technical knowledge in accounting and auditing standards