Supervisor: Financial Accountant - Centurion at W&RSETA

The role of this position is to:

• Provides financial information to management by researching and analysing accounting data and generating reports

Key Performance Areas will include but not limited to the following:

• Implement sound financial management in line with PFMA and any other applicable government policies
• Prepares asset, liability, and capital account entries by compiling and analysing account information
• Check, approve and post accounts payable vouchers before effecting payments for discretionary and admin
• Verify EFT reports against payment group before releasing to cash focus
• Manage and review payroll data, statutory and other payroll returns for example . South African Revenue Services, South African Reserve Bank
• Manage the fixed assets additions/disposals and calculate monthly depreciations accurately and process journals; ensure the monthly reconciliation thereof
• Prepare monthly reconciliations for all balance sheets accounts
• Assist with the preparation of the annual financial statements of the W&RSETA
• Ensure weekly bank reconciliations are accurately executed
• Review adjusting journal entries on the financial system and ensure that it supported by appropriateevidence
• Ensure interest accrued from call accounts is accurately accounted for
• Ensure accurate payment of invoices within 30 (thirty) days
• Verify debit orders against rental agreements against relevant supporting documents
• Provide information for internal and external audits
• Prepare all relevant financial reports within stipulated time-frames
• Ensure the relevant monthly reports, DHET and National Treasury quarterly reports are produced
• through close liaisons with the project specialist, financial officers in the provinces and provinces
• Ensure efficient use of SETA financial resources and assets, risk management and fraud prevention
• Ensure compliance with PFMA and Treasury Regulations
• Report any irregular and unlawful deviation from prescribed standards and conditions
• Ensure efficient management and interpretation of applicable legislation
• Adherence to W&RSETA policies, procedures, PFMA and relevant legislation
• Review the work of the team and ensure overall supervision of the administration and processing work within the team
• Supervise, guide, coach, motivate and performance manage team
• Ensure the maintenance of complete and proper records of revenue, expenditure, assets and liabilities and ensure the accuracy and integrity of financial information
• Assist with preparations for the internal and external audits
• Ensure all behaviours and conduct are aligned with the SETA values
• Effective, professional communication and dialogue with all Stakeholders
• Effectively plan, execute ad hoc projects

Minimum Qualifications and Experience

• BCom Accounting, Financial Accounting or Cost Accounting
• 3 years relevant experience in an accounting position
• 2 years’ experience in a supervisory or team leader position will be an advantage
• Extensive computer literacy experience
• Sound knowledge of GRAP principles and PFMA
• Good understanding and interpretation of applicable legislation within the financial environment
• Experience in dealing with internal and external auditor engagements
• Excellent knowledge and understanding of financial accounting systems
• Good understanding of Supply Chain Management procedures
• Advanced computer literacy (MS Word, Excel and Projects)
• Experience in a SETA/Public Sector environment will be an advantage
• Valid Driver’s Licence