Management Accountant 6 Months Fixed Contract at National Agricultural Marketing Council

QUALIFICATION AND EXPERIENCE: 

• A Bachelor’s Degree in Finance/ Accounting or equivalent is a minimum requirement. 4-5years’ minimum management experience, of which 3 years must preferably be in a public sector entity.
• Qualified Accountant (CIMA, ACCA, ACA or other recognized qualification).
• Excellent numeracy and analytical skills. Accountable and handle figures with integrity. 

KNOWLEDGE AND SKILLS 

• Principles and practice of financial accounting, Public Finance and Management Act (PFMA), Treasury Regulations and guidelines.
• Public entity budgeting and reporting process.
• Knowledge of Sage evolution & Sage VIP Payroll. Government accounting standards (GRAP).
• Asset Management principles and guidelines.
• Public Service Anti-Corruption Strategy and anti-corruption and fraud prevention measures.
• Medium Term Strategic Framework (government priorities) and Estimates of National Expenditure (ENE).
• Framework for managing performance information. 

 
KEY DUTIES AND RESPONSIBILITIES 
 Financial Management 

• Prepare and submit quarterly reports to DALRRD and National Treasury. 
• Produce detailed annual cash flow forecasts to form the basis for the working capital. 
• Monitor expenditure trends and reports on variances on a monthly basis. 
• Prepare monthly management expenditure reports 
• Prepare cash flow projections linked to the annual budget. 
• Manage the budget process for NAMC. 
• Compile quarterly expenditure report for Management, Audit & Risk Committee and Council. 
• Compile Treasury regulations and the PFMA checklist on a quarterly basis.
• Keep abreast of National Treasury, developments and other regulatory requirements. 
• Review financial data for accuracy, correctness and completeness. 
• Actively participate in the Extended Management Committee as required. 
• Assist with the development and presentation of finance policies and procedures to the organisation 

 Budgeting 

• Discuss budget against actual expenditure with senior managers on a monthly basis. 
• Prepare MTEF budget submission and submit to DALRRD and Treasury as per deadlines 
• Provide advice and reports to management and staff in the development of budgets, budget methodology and management of budgets. 
• Manage the assets of NAMC, this includes maintenance of fixed assets register, reconciliations and annual review of useful lives of assets, etc. 
• Prepare monthly reconciliation for various general ledger accounts, e.g., leave provision, prepayments, accruals, assets, etc 

 Reporting 

• Provide advice and reports management and staff in the development of budgets, budget methodology and management of budgets. 
• Manage the preparation of monthly management reports. 
• Investigate anomalies and variances; provide ad hoc reports as required by management. 
• Provide historical financial data and analysis as requested. 

 Compliance and Internal Controls 

• Ensure compliance with all statutory requirements relating to financial control, financial management and accounting. 
• To analyse processing and procedural requirements and recommend standard procedures and systems to be followed across the organisation. 
• Ensure suitable internal controls are in place and assist in the training of staff in new processes or procedures. 
• Assist with preparations and execution of internal and external Audits. 
• Ensure quality of the work submitted is of a standard required within the division. 
• Ensure that all audit queries are addressed in timely manner.