Job description
Strategic Planning and Financial Management:
- Provide input and guidance into the financial aspects of WCLA’s strategic business plan and ensure translation into the annual performance, operational and procurement plans
- Ensure WCLA’s strategic plans are in accordance with relevant legislative requirements and frameworks (e.g. the Medium-Term Expenditure Framework (MTEF), Public Finance Management Act (PFMA) and Treasury Regulations)
- Support the CEO and other executives to ensure compliance with financial regulations and requirements in the execution of their functions
- Compile or revise delegations of authority in respect of financial, administration and procurement matters
- Measure and monitor achievement of strategic objectives of the business unit and take corrective actions where required
- Oversee the development, review and implementation of financial policies, procedures and systems
- Provide consultative support and recommendations on financial implications to the CEO to support decision-making and management processes
- Oversee, manage and report on the execution of all duties implicit and implied in the PFMA and National Treasury regulations as they relate to financial management and administration
- Provide oversight and management of capital expenditure policies and procedures
- Establish and maintain the financial management and administration system and ensure strict control measures are in place to mitigate risks
- Provide regular feedback to the CEO with regard to the operation of the financial department and processes therein
- Ensure all Finance policies and procedures are in place and implemented.
- Contribute to the WCLA strategic decision-making process
- Prepare and manage budget for Component
- Ensure all policies and SOP’s (internal controls) developed and implemented for component
- Proactively manage and report on component’s projects
- Accurate input to QPR for component provided timeously
Financial Reporting and Budgeting:
- Define the financial parameters for WCLA and deliver a robust and accurate financial planning and reporting system to ensure the financial viability of WCLA. Identify opportunities to optimise the various revenue streams
- Ensure compliance with statutory and budgetary reporting requirements
- Draft and submit WCLA budget for approval ensuring that the financial requirements are in accordance with the strategic and operational requirements and budgeting standards / guidelines
- Ensure that effective financial controls and expenditure management practices are in place to ensure that WCLA delivers on its stated financial objectives
- Oversee the approval and processing of departmental budgets, maintenance of accounts and ledgers, ensuring compliance with relevant legislation
- Monitor expenditure against budget and ensure that only authorised overspending is approved in accordance with procedures. Ensure that overspending is managed in accordance with policies and procedures
- Ensure WCLA’s annual financial statements in accordance with all relevant regulatory and legislative requirements
- Lead all financial reporting processes i.e. preparation, analysis, submission and presentation to the relevant financial and auditing committees within WCLA
- Oversee annual, quarterly, monthly and ad-hoc internal and external financial reporting processes
- Evaluate WCLA’s financial reporting systems, and accounting, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions
Financial accounting, revenue and cash management:
- Ensure systems, policies and procedures in place and implemented for payments, banking and cash management.
- Financial reporting
- Statutory reporting
- Revenue management and payment to parent department
- Ensure bank account is maintained
Risk Management
- Guide enterprise risk management function
- Ensure compliance to all finance processes and financial policies up-to-date
- Oversee finance audit processes
- Oversee fraud investigations and loss register, and fraud prevention activities
- Reconciliation between LMATS and revenue received
Supply Chain Management
- Manage people development in line with organisational-wide skills development strategy within the unit
Ensure systems, policies and procedures in place and implemented for SCM, including:
- Procurement
- Fleet management
- Asset management
Provide oversight to SCM committees
- Lead the review, enhancement, development and implementation of procurement strategies, plans, policies processes and procedures
- Oversee, manage and report on the execution of all duties implicit and implied in the PFMA and National Treasury regulations as they relate to supply chain management and procurement
- Manage compliance to agreed procurement and tender policies and procedures to ensure the most efficient and cost-effective delivery of quality services by accredited service providers
- Manage contracts and service level agreements
Lead Human Resources Management and ICT
- Guide the development and implementation of Human Resources strategies, plans and policies
- Provide guidance and roadmap for WCL Employee Value Proposition
- Provide periodic HR reports to the Governing Board (GB) and other government agencies
- Lead ICT governance processes in collaboration with the CEO and GB
- Report on all ICT policy and strategy matters
- Be a custodian of all ICT outsourced services and partner with service providers on all strategic ICT related services
Resource management (human, financial and physical) within the Unit
- Establish and maintain appropriate systems (analytical tools, information systems, projections of cost behaviour) and policies to ensure effective and efficient management of resources
- Perform accurate forecasting, budgeting and allocation of resource within the unit
- Manage external contractors and suppliers within the unit
- Develop and manage internal service level agreements with other units
- Ensure effective identification and management of business risks, resources and continuous improvement
- Manage capacity within the unit to ensure sustained service delivery
People Management within the Unit:
- Manage people development in line with organisation-wide skills development strategy within the unit
- Manage talent within the unit and ensure talent management strategies (attraction, retention, development) are implemented
- Implement performance management within the unit in line with Human Resources Policies and Guidelines
- Manage grievances, discipline and terminations within the division in line with Human Resources policies and guidelines
- Lead and direct staff within the division to be able to meet the objectives set for them
- Build and foster a culture of good governance, customer service, honesty and integrity and world class delivery in the division
- Implement innovative recognition and reward systems
Promotion and practice of good corporate governance, risk and compliance pertaining to HR and financial policies, legislation and regulations
- Implement governance framework to ensure professional conduct by Unit employees and upholding of WCLA values and governing principles
- Ensure good governance within the unit in line with the corporate governance guidelines and related legislation
- Manage risks within the Unit
- Manage compliance within legislation, regulations, WCLA policies and procedures within the unit
- Ensure compliance of the unit with all audit requirements emanating from audit processes within the unit
- Draft and submit annual, quarterly and monthly reports required or delegated
Minimum requirements
- Relevant B-Degree in Finance with Accounting as a major (NQF Level 7)
- Relevant post graduate qualifications will be advantageous.
- At least 7 year's relevant senior management experience.
- Experience and knowledge of the Public Sector strategic and budget planning processes.
- Accounting background required.
- Project management experience.
- Experience working with a governing board will be advantageous.
- Registration with any of the following bodies will be advantageous: Chartered Institute of Management Accountants (CIMA); South African Institute of Public Accountants (SAIPA); International Institute of Auditors (IIA); South African Institute of Chartered Accountants CA (SA).
Apply by: 18 August 2025
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