Manager: Finance at CATHSSETA

Qualification: 

• Bachelor’s Degree (NQF 7) in financial accounting and/or auditing or equivalent as recognised by the South African Qualifications Authority (SAQA). A driver’s license is required..

Experience: 

• At least 6 years of experience within the field. At least 2-3 years’ middle management experience within the field. 2-3 years of experience in a SETA environment is advantageous.

Description:

To manage the Financial Accounting function of CATHSSETA in accordance with financial best practices, governance, accounting and treasury standards as set out in the Public Finance Management Act to ensure CATHSSETA’s long-term financial viability and sustainability.

Strategic leadership for the Unit

• Produce inputs into the strategic and Annual Performance Plan;
• Timely submission of inputs into the Organisation’s Strategic Plan, and APP and prepare Department/Unit Operational Plan;
• Develop the Unit’s Operational Plan;
• Manage that performance targets contained in the Operational Plan are fully achieved;
• Produce the Unit’s monthly, quarterly and annual reports to the Management and Board structures;
• Perform effective contract management in the area of responsibility; and
• Submit any other reports as and when required.

Effective and efficient management of the Unit’s resources

Financial Management

• Develop a budget for the area of responsibility;
• Track and monitor expenditures against the allocated budget;
• Implement measures to ensure financial viability, thereby delivering robust and accurate financial planning and a reporting system that incorporates a balanced budget within the area of responsibility;
• Develop initiatives aimed at eliminating waste, improving productivity and reducing operating costs within the area of responsibility;
• Develop Demand Management Plans;
• Provide inputs into the Procurement Plan for the organisation; and
• Manage the TOR for the procurement of goods and services to be prepared in a timely.

Asset management

• Units’ assets are properly managed in accordance with the stipulated guidelines and procedures.

People Management

• Manage a positive and constructive culture;
• Set performance targets for the department and regularly monitor achievement thereof (performance management). Provide feedback on the performance of the subordinates;
• Manage capacity development of subordinate(s) by providing relevant training; and
• Manage Individual Development Plans/Individual Learning Plans (IDPs/ILPs) for subordinates to promote succession and talent retention. Monitor implementation of (IDPs/ILPs).

Effective compliance with governance and legislative requirements

• Contribute to the development of internal controls and systems;
• Implement and monitor internal control systems and organisational policies;
• Submission of documents (reports/requests, etc.) to the Governance Structure;
• Compliance with legislative prescripts by ensuring timeous submission of reports to the AA Structures and Management Committees; and
• Timely submission of responses to Parliamentary Questions.

Management of risks for the Unit

• Identify, assess and monitor risks within the Unit;
• Develop a risk register for the Unit;
• Participate in fraud risk assessments and monitor action plan;
• Manage the implementation and monitoring of internal control systems and organisational policies;
• Obtain a departmental acceptable Audit score;
• Manage the audit of performance information; and
• Submit responses to internal and external audit queries.

Financial Accounting

• Managing the processing of payments in line with PFMA and National Treasury Regulations;
• Managing the processing of Mandatory grant payments in line with the Skills Development Act;
• Review of payroll and managing the payment thereof; and
• Review of the month-end reporting.

Compliance, reporting, and financial statements for auditing

• Prepare GRAP-compliant Annual and Interim financial statements;
• Prepare quarterly reporting to DHET and National Treasury;
• Co-ordinate and implement actions in the Post Audit Action Plan;
• Submission of Finance monthly reports to the AA Structures and Management Committees; and
• Submission of responses to internal and external audit.

Budgeting

• Sourcing and consolidating the budget inputs from departments;
• Prepare and submit the Medium-Term Expenditure Framework (MTEF) to the National Treasury;
• Prepare and submit the Estimates of National Expenditure (ENE) to the National Treasury; and
• Prepare and submit the Revised Budget to DHET.