State Accountant: Cashflow Management at The Government Pensions Administration Agency (GPAA)

Qualification/s Requirements

• A relevant National Diploma / Degree in Finance field or relevant qualification (at least 360 credits). Minimum of 2-3 years’ appropriate experience within the Financial Accounting environment with one-year supervisory experience OR Five (5) years’ experience in Financial Accounting environment. Computer literacy including working knowledge of MS Office products.

Key Performance Areas

The incumbent will be responsible for a wide variety of tasks which includes but are not limited to the following:

Support Cash flow management

• Send daily PMG bank statements to relevant units for allocations
• Daily review of receipts and debits reports to ensure that allocations are done
• Review of cash flow transactions recorded in CIVPEN per the monthly bank statement
• Prepare monthly bank reconciliations on all GEPF accounts
• Assist in preparing monthly suspense account reconciliation
• Process journals entries
• Prepare daily cash flow movements, transfers between banks and PIC and recording thereof
• Prepare monthly intercompany balances reconciliation between funds (GEPF), AIPF, TEPF, VOTE)
• Assist in the provision of information required by the auditors
  Liaise and interact with relevant stakeholders

Ensure cash flow planning, monitoring and reporting

• Prepare monthly cash flow projections and variances
• Prepare quarterly reporting on GEPF Service Level Agreement (SLA)
• Compliance (I.e Investments and disinvestments of funds)
• Prepare monthly reporting on PMG bank balances to National Treasury.