Senior Management Accountant at ETDP SETA

Minimum Requirements 

• Bachelor of Commerce degree in Accounting, Finance Management or Accounting Sciences and completed articles with a postgraduate qualification in Accounting. 
• A CA (SA)/ACCA/CIMA or equivalent will be an added advantage. 
• At least 5 years of experience as a Management Accountant or in a financial management and/or auditing environment. 
• Must be a registered member of at least one (1) Finance Professional Body such as the South African Institute of Professional Accountants (SAIPA), South African Institute of Chartered Accountants (SAICA), or the Association of Chartered Certified Accountants, etc. 
• Experience in Financial Management Framework within the corporate or public sector, particularly in the ETD/SETA environment, will be advantageous. 
• Experience in financial management, budgeting, forecasting, internal controls, and auditing requirements. 
• Extensive experience, a thorough knowledge of GRAP and all computerised accounting systems standards. 
• Proficiency in financial reporting software and Microsoft Office packages with advanced Excel skills. 
• A good understanding of Supply Chain Management processes and procedures. 
• Experience in dealing with audit engagements, both internal and external auditors, is a prerequisite. 
• In-depth working knowledge and understanding of prescripts regulating public finance management such as the PFMA, Treasury regulations, the Preferential Procurement Policy Framework, and related instructions, notes, circulars, etc, Generally Recognised Accounting Practice (GRAP), SETA Grant Regulations, Skills Development Act, and Skills Development Levies Act. 
• Excellent knowledge of reporting procedures and record keeping. 
• Understand business risks and have the technical knowledge to implement appropriate controls. 

Duties and Responsibilities 

• Assess and review monthly management accounts to ensure completeness, accuracy, and validity of all material amounts and balances. 
• Review of GRAP-compliant Annual Financial Statements with supporting schedules. 
• Review annual budgets, MTEF/ENE, and in-year budget monitoring and reporting. 
• Review of National Treasury and Department of Higher Education and Training reports. 
• Review and posting of entries into the General Ledger. 
• Oversee and manage the mandatory grants expenditure process 
• Review and release payments 
• Maintain an effective and transparent system of account management, risk management, internal controls, income, expenditure, asset and budget management. 
• Ensure compliance with PFMA, Treasury regulations, Grants regulations and other prescripts applicable to the finance and SCM environments. 
• Implement plans to ensure that transactions are timely processed in accordance with the applicable legislative framework. 
• Liaise with internal and external stakeholders, such as the Department of Higher Education and Training, the National Treasury, and the SETA banking institutions. 
• Review of commitments (Discretionary grants and administrative-related commitments). 
• Set key performance indicators for employees and monitor performance through regular staff appraisals. 
• Reporting to the Broad Management Team (BMT) on finance matters. 
• Ensure effective management of the finance team. 
• Prepare and monitor the ETDP SETA budget, Discretionary and Administration. 
• Carry out any other responsibilities and duties as assigned by the Finance Manager and the Chief Financial Officer