Divisional Manager: Inventory and Asset Management at Mogalakwena Municipality

Duties:
Reporting directly to the Deputy CFO, the incumbent will perform the following duties:

• Oversee the asset management unit Develop and oversee the implementation of the asset management system, including developing and / or review of the asset management policy and procedure manual Develop and maintain the annual asset management plan aligned with the strategy and budget of the municipality
• Maintain the asset register of the municipality including addition of new acquisition, transfer of assets and review of useful lives in line with the asset management policy Prepare monthly reconciliation with supporting schedules of the asset register to the relevant accounting records and resolve unclear items Organize auctions for the disposal of obsolete assets Oversee the municipality's insurance porfolio, including the administration of insurance claims
• Verify assets in accordance with the policy, effectively investigate variances, resolve and report discrepancies identified, make informed recommendations, and accurately update the asset register in accordance with GRAP and relevant legislation Develop and implement inventory management strategies in order to control costs, reduce expenditure, rationalize inventory and improve order effciency
• Compile monthly inventory reports (quantity, type and value of materials, and equipment and stock quantity, type and value of materials and equipment and stock on hand); and conduct periodic inventory counts Appropriate understanding of GRAP standards Assist with year-end procedures for the compilation of the annual financial statements and annual audit by the AGSA

Requirements:

• Grade 12 plus a Bachelor's Degree in Financial Management / Accounting or equivalent (NQF 7) A postgraduate qualification in Finance or equivalent (NQF 8) will be an added advantage
• 5  years'  experience  of  which  3  years  must  be  supervisory  capacity Municipal Finance Management Programme
• Valid driver's license
• NO CRIMINAL RECORD