Finance Manager: General Ledger (2600) at The South African National Roads Agency (SANRAL)

MINIMUM REQUIREMENTS

• A Bachelor’s degree in finance/accounting at an NQF8.
• At least ten (10) years of article experience in the financial accounting environment.
• At least five (5) years of management experience.
• Must be a Chartered Accountant.

Knowledge of the following is essential:

• SAP
• CaseWare
• IFRS

TECHNICAL COMPETENCIES

• Advance technical knowledge of IFRS.
• Knowledge of PFMA and Treasury Regulations.
• Sound proficiency in SAP and Case ware.
• Knowledge of PFMA and Treasury Regulations
• Advanced proficiency in Microsoft Office.
• Possesses integrity and ability to maintain accurate and confidential records.
• Motivated by making the finance function run more efficiently. 

KEY RESPONSIBILITIES 

Management and Coordination of Financial Reports

• Submit statutory returns and reporting to regulatory authorities.
• Review and manage all tax-related matters such as income tax, PAYE, VAT, returns, and rulings and provide guidance and support to staff requiring assistance.
• Ensure adherence to PFMA and related regulations.
• Prepare EXCO/MANCO reports monthly.
• Review of annual financial statements.

Development and Implementation of Financial Operations

• Review the development of financial control systems on SAP.
• Maintain compliance with the approved reporting framework (IFRS/GRAP).
• Research on IFRS application and implementation relating to complex standards.
• Identify weaknesses and develop methods to complete processes within SAP and Finance Manual.
• Review and update policies and control manuals.

General Ledger Review and Management

• Review and manage monthly general ledger reconciliation process to ensure that all applicable accounts are reconciled, and errors are detected timely for the financial statements to be accurate and complete.
• Review regional office reconciliations for accounts payable, receivables and GL.
• Enable correct allocations to cost accounts.
• Maintain and ensure relevant and accurate supporting documentation for all financial postings through reviews.
• Review of the trial balance.
• Provide continuous guidance to all regional offices on complex IFRS matters.
• Extensive review of reports from external service providers.
• Approve payments to vendors and investing purposes.
• Review of local and international subsistence and travel claims.

Accounts Payable / Receivable

• Manage the accounts payable and receivable functions.
• Review and ensure that invoices are paid within 30 days as per the PFMA.
• Review all vendor and customer reconciliations for SANRAL.
• Review and manage the collection of outstanding debtors and implement the debtors' management policy. 

Assets

• Ensure the safeguarding of SANRAL assets.
• Review and guide on all matters relating to assets.
• Review of all the assets reconciliations.
• Review of the assets under construction from the regions.
• Review of assets-related disclosures for financial reporting.
• Review of the physical verifications performed bi-annually.
• Review of schedules from external sources (ETC, concessionaires).
• Review of the fixed asset register inclusive of regions.

Audit Liaison

• Provide guidance to auditors both internal and external.
• Review and respond to audit findings timeously and implement recommendations.
• Attend weekly audit steering committee meetings scheduled by AGSA.
• Coordinator of the AGSA and Internal Audit within SANRAL.
• Inspect documents to ensure that correct information is provided to the auditors to avoid findings. 

Supply Chain Management

• Provide inputs to the procurement office when requested.
• Provide guidance and inputs on the implementation of the national treasury prescripts.

Administration and Management of Staff

• Determine and implement adequate structure and staffing within the division to ensure internal controls are effective and functions are optimally performed.
• Conduct performance review and assess areas of development and recommend training.
• Finalise and submit performance reviews to HR bi-annually.
• Provide ongoing supervision and guidance to staff.