Finance Roles 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

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MINIMUM REQUIREMENTS

• Grade 12
• B. Com Degree in Accounting/Finance/Economics or National Diploma in Public
• Finance and Administration (SAQA Qualification ID No. 40554)/48965 and must meet
• Municipal Regulations on minimum Competency levels as outlined
• Minimum of 2-5 years work-related experience of which 2 years must be at any level in a role related to this position
• Proven track record of operational financial management
• Demonstrate knowledge and practice of governance, ethics and values in financial management.
• Experience in Budget planning, financial and performance reporting.
• Knowledge and experience in application of legislation and policy implementation.
• Knowledge and understanding of Basic Conditions of Employment Act.
• Intense experience on Employer Annual Reconciliation (EMP501)
• Interpersonal skills and ability to work under press
• Computer literacy
• Code B driver’s license

KEY RESPONSIBILITY:

• Ensure timeous payment of monthly employees related cost to employees and third parties.
• Ensuring that returns and deduction tables are correct and are reconciled to the individual employee’s salary.
• Assist with the monthly reconciliation of general ledger.
• Compilation and Submission of Monthly Section 66 Report
• Monthly payment and reconciliation of 3rd Parties
• Perform data capturing of new appointments and/or resignation, updating employee information under the supervision of the Chief Accountant, handling enquiries, recons of 3rd parties, etc.
• Assist with internal audit processes.
• Assist with compilation of various statutory reporting on monthly basis
• Attend to any other duty as instructed by the Chief Financial Officer.

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MINIMUM REQUIREMENTS

• Grade 12
• B. Com Degree in Accounting/Finance/Economics and must meet Municipal
• Regulations on minimum Competency levels as outlined
• 5-8 years’ relevant experience in budget and reporting required which include intensive experience on budget report in terms of the Municipal Budget and Reporting Regulations (MBRR)
• Knowledge of generally recognised accounting practise (GRAP) and MSCOA regulations
• Knowledge of MFMA and other financial regulations and legislations governing Local Government
• Experience in Budget planning, financial and performance reporting.
• Excellence communication skills and Good interpersonal relations skills
• Organising and Coordination Skills
• Computer literacy (Proficient in Microsoft Office)
• Valid Driver’s license

KEY RESPONSIBILITIES

• Coordinate and control sequences associated with provision of information related to budget implementation administration.
• Providing support with regards to the consolidation of transactional information to facilitate the production of Annual Financial Statements.
• Coordinate specific sequences associated with maintaining electronically based budget related information data and file records.
• Manage Key performance Areas and outputs of subordinates within the sector interacts with the institution to ensure execution of posts responsibilities are met.
• Consolidate departmental budget submissions.
• Ensure alignment of budgets with the municipality's strategic objectives and Integrated
• Development Plan (IDP) and Service Delivery and Budget Implementation Plan (SDBIP).
• Assist with internal audit process and maintain proper financial controls.
• Ensure compliance with the Municipal Finance Management Act (MFMA), treasury regulations, and municipal policies.
• Conduct cost-benefit and financial impact analyses.
• All Statutory Reporting as required by Municipal Finance Management Act (MFMA).
• Attend to any other duty as instructed by the Chief Financial Officer

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MINIMUM REQUIREMENTS

• B. Com Degree in Accounting/Finance/Economics or equivalent NQF Level 6 and must meet Municipal Regulations on minimum Competency levels as outlined
• Minimum of 3 years’ work-related experience, in which 2 years must be at any level in a related role
• Grade 12
• Computer Literacy
• Good Communication Skills
• Knowledge of Local Government system and Municipal Financial Act will be an advantage
• Experience in financial, performance reporting and GRAP 16&17
• A Valid driver’s license

KEY RESPONSIBILITIES

• Assist to update Asset Register in terms of GRAP 16 & 17 by ensuring that all Asset are accounted for.
• Assist with annual physical verification of assets to ensure completeness.
• Assist with the calculation and recognition of impairment loss.
• Assist to ensure that the asset register reconciles with the Trial balance at year end.
• Assist with the disclosure notes on the Annual Financial Statements.
• Assist with the management of the insurance portfolio by managing insurance claims and ensuring that all municipal assets are insured.