Financial Manager (Parow) at Western Cape Gambling and Racing Board

The minimum requirements are:

• A Bachelor's Degree (NQF Level 7) in Accounting, Financial Accounting or an equivalent relevant qualification, with Financial Accounting as a major subject.
• Five years or more relevant experience in financial accounting, financial reporting and budgeting, including the preparation of Annual Financial Statements, of which at least two years must have been gained in a public-sector environment operating within the PFMA or MFMA legislative framework.
• Alternatively, candidates registered as Chartered Accountants (South Africa) [CA(SA)] with at least five years' relevant external audit experience, including experience auditing Annual Financial Statements of entities subject to the PFMA or MFMA, will also be considered.
• A minimum of five years' experience in a supervisory or management capacity.
• Demonstrable technical knowledge and practical application of the Standards of Generally Recognised Accounting Practice (GRAP), the Public Finance Management Act (PFMA), Treasury Regulations and applicable public-sector financial reporting requirements.
• Advanced computer literacy, particularly in Microsoft Excel and other Microsoft Office applications.

The following qualifications, knowledge and experience will be a distinct advantage:

• Registration as a Chartered Accountant (South Africa) [CA(SA)]; completion of SAICA or equivalent professional accounting articles; a relevant postgraduate qualification in Accounting, Financial Management, Management Accounting or Financial Auditing; proven hands-on experience in preparing complete GRAP-compliant Annual Financial Statements, including disclosure notes and supporting schedules; practical experience using CaseWare or similar financial reporting software; a valid Code B driver's licence; experience coordinating external audits and engaging with the Auditor-General of South Africa; and experience managing a financial accounting or financial reporting team within a public-sector environment.

The key performance areas of this position will include, inter alia:

• Manage and oversee the preparation of the Board's Annual Financial Statements in accordance with GRAP and applicable legislative requirements.
• Provide technical accounting guidance, interpret applicable accounting standards and ensure the appropriate accounting treatment of transactions.
• Manage the preparation, monitoring and reporting of the Board's annual operational and capital budgets, including medium-term expenditure planning.
• Oversee monthly, quarterly and annual financial reporting, including financial analysis, budget variance reporting and submissions to relevant oversight authorities.
• Manage the Board's financial accounting processes, reconciliations, financial management information systems and related internal controls.
• Oversee asset accounting and asset management processes, ensuring accurate accounting records and compliance with applicable requirements.
• Coordinate external audit processes, liaise with the Auditor-General and oversee the resolution of audit findings.
• Supervise, develop and manage staff within the Financial Services Department, ensuring effective performance and service delivery.
• Develop, maintain and oversee the implementation of financial policies, procedures and internal controls to ensure sound financial governance and compliance with applicable legislation.

The Board offers an all-inclusive salary package of R 1 101 468.00 per annum (including 13th cheque).