Senior Accountant Expenditure at Dr Kenneth Kaunda District Municipality

MINIMUM REQUIREMENTS

• B Comm degree
• A relevant 3-year tertiary qualification, preferably a National Diploma or B Com with financial accounting as major subject.
• Minimum of 10-15 years work-related experience.
• Proven track record of operational financial management
• Demonstrate knowledge and practice of governance, ethics, and values in financial management.
• Experience in Budget planning, bank reconciliation, cashbook, AFS, financial, and performance reporting.
• Sound Knowledge of GRAP, MFMA, Treasury Regulations, procedures, and processes pertaining to Local Government; strategic, human resources, and leadership skills.
• Knowledge in South African Taxation – Certificate
• Computer literacy: MS Office, Advanced Excel, and Database
• A valid driver’s license

KEY RESPONSIBILITY:

• Maintain and update the cashbook and process bank statement entries, ensuring accurate and timely bank reconciliations.
• Analysing and verifying transactional recordings, expenditure reports, and summaries and processing or approving adjustments to entries with due consideration given to settlement discounts, cash flow requirements and payment terms
• Process and verify supplier invoices, statements, and payment requisitions in line with approved procedures.
• Facilitate timely payments to suppliers and ensure all supporting documentation is complete and compliant.
• Review and process approved payroll summaries received from the HR/Payroll section and ensure accurate financial recording.
• Monitor expenditure against approved budgets and verify budget availability prior to processing payments.
• Analyse and report on budget variances, supporting financial control and decisionmaking.
• Ensure compliance with municipal financial policies and applicable legislation, including the Municipal Finance Management Act (MFMA).
• Maintain proper financial records and supporting documents to facilitate internal and external audit processes.
• Supervise, guide, and support staff within the finance section to ensure effective service delivery.
• Ensuring implementation of budget control to prevent unnecessary expenses and reporting regularly in this regard, for instance, preventing unnecessary attendance at workshops or training.
• Identify potential financial and operational risks and implement measures to safeguard council assets and employees.
• Enforce internal controls and contribute to effective risk management practices.
• Providing support with regards to the consolidation of Expenditure transactional information to facilitate the production of Financial Statements
• Reconciling creditor accounts, VAT and claims (insurance claims, fuel, etc.) and proceeding with the posting and balancing of ledger accounts.
• Authorising electronic payment sequences authorizing the Banks to transfer payment to specific Creditor accounts.
• Examining payments, claims and orders.
• Assisting in preparing expenditure trends/patterns based on the previous year’s budget