Director: Finance (Jobs Fund PMU) needed at Government Technical Advisory Centre

Qualification/s Requirements

• A bachelor’s degree/ Advanced Diploma (NQF Level 7) in Finance, Accounting, Business, Public Administration or related field.
• A Postgraduate qualification in Economic Sciences, Development Studies, Finance or Financial Management will be advantageous.
• 6 years of experience in budget preparation and/or accounting program analysis in a public or governmental setting.
• 5 years of experience at a middle/senior management level.

Key Performance Areas

• Strategic Support: Analysis of financial data to provide input into the Fund strategy. Support fundraising activities for the Fund. Manage the budget process for the fund, including preparation of submissions and presentations. Develop Jobs Fund Strategic Business Case and implementation plans. Provide input to GTAC policies. Revise Jobs Fund Governance Committee Terms of References. Provide input to the Jobs Fund Balanced Scorecard. Develop unit operational plans and report on progress. Contribute to the Jobs Fund learning agenda. Provide input into annual programme performance and quarterly reviews. Monitor changes to applicable legislation and ensure Fund compliance with PFMA and other applicable legislation. Advance Fund Learning Agenda by hosting brown bags.
• Manage Jobs Fund Budget: Provide inputs to the budget cycle and oversee all budget-related processes including preparation of submissions for: Medium Term Expenditure Framework (MTEF); Estimates of National Expenditure (ENE); Rollover Requests.; Retention of Surplus Funds; Engagements with Public Finance; Monthly budget reports; quarterly fund transfers and cost recovery and Ad hoc requests for budget-related information. Manage Jobs Fund Programme’s operational and grant budget, including the analysis of historical spending patterns, budget projections, the monthly drawings programme and annual procurement plan. Manage quarterly transfer of funds. Manage the processing of grant payments (budget of R300 – R700 million per annum) and record keeping. Manage the operational expenditure (R56 million – R80 million per annum). Ensure invoices are complete and are aligned to the agreed-upon terms before processing. Keep track of service provider payments against contracted deliverables. Oversee the cost recovery process between National Treasury and GTAC, as well as the quarterly transfer of fund requests. Manage the Jobs Fund Risk Register. Manage the Jobs Fund asset register. Develop financial reports for forecasting, trend analysis, and disseminating results. Monitor, identify, and communicate over-expenditures to internal clients. Analyse monthly department budgeting and accounting reports to maintain expenditure controls and submit monthly reports. Plan, organise, coordinate, schedule and evaluate budgetary activities. Compile and analyse accounting records and other data to determine the financial resources required to implement the programme. Direct the preparation of regular and special budget reports. Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Interpret budget directives and establish policies for carrying out the mandate.
•  Procurement and Contract Management: Develop Terms of References for the procurement of Goods & Services for the Jobs Fund. This includes procurement of service providers for project evaluations, audits, etc. Serve as a Bid Evaluation Committee member for Jobs Fund bids (Open Tenders, Requests for Proposals and Requests for Quotations). Oversee the management and engagement of service providers on contracting matters. Prepare extensions where required and prepare quarterly service provider reviews and project closeout documentation. Formulate Instructions to Perform Work (IPWs) with service providers. Manage project deliverables, review deliverables and collate input from various stakeholders. Liaise with service providers and promote a culture of adherence towards efficiency and effective application of value for money. Formulate the specifications for the procurement of goods and capital equipment.
• Reporting: Provide input into the Annual Performance Plan (APP) of the National Treasury and report on the achievement of the Fund’s performance indicators. Prepare and submit Fund inputs to the National Treasury Annual Report. Provide input for the quarterly Jobs Fund Portfolio Report, which is submitted to the Minister of Finance. Conduct research and assist with Jobs Fund newsletters and ministerial highlights. Research, compile, maintain, and update budgetary and forecast data to provide management with expenditure data, trend analyses and recommendations. Perform expenditure analysis to inform management of budget variances, explain causes, and measure impact on department mission and resources. 
• Internal Audit and AG Report: Conduct walkthroughs to ensure controls are operating effectively. Prepare responses to audit queries and requests for information. Conduct investigations on cases of non-compliance with prescripts. Review audit reports and supervise the implementation and follow-up of audit findings. Provide advice on financial issues and internal control solutions to senior management. Ensure proper execution of audits in the Jobs Fund. Prepare and track audit log for resolution of all matters.