JOB PURPOSE

• To drive the achievement of sustainable results in the company by preparing budgets and 5 year financial plans and monthly management accounts. Driving and Coordinating the setting of KPI targets, reporting of KPI results, and explanations for variances from budget / plan.

KEY PERFORMANCE AREAS

• Prepare a 5-year financial plan and budgets.
• Prepare the timetable to ensure that the financial plan and budget is produced timeously parcels.
• Do the going concern test at year-end.
• Produce full financials for the forecast and budget using profit / cost centres.
• Prepare monthly management accounts.
• Produce management accounts to users’ needs timeously.
• Monitor actual vs. budget.
• Explain variances from budget.
• Manage the setting and reporting of key performance indicators.
• Assist EXCO in setting key performance indicators.
• Manage the reporting of monthly results.
• Ensure all under-achievements are explained, performance indicators with root causes and corrective action taken is taken.
• Input into strategic business decisions.
• Evaluate feasibility of projects.
• Stakeholder engagement.
• Provide reports that may be required by the Department of Transport e.g. MTEF
• Policies and procedures.
• Liaise with internal and external auditors with regards to performance information
• Resolve audit findings.
• Create/update policies and procedures as and when required.

MINIMUM REQUIREMENTS

Qualifications

• Bachelor’s degree in Accounting or Finance (NQF 7).
• Postgraduate Diploma/Honours degree (NQF 8) would be an added advantage.

Knowledge and Experience

• Seven (7) years’ experience in Accounting and Financial Management in a multifaceted organisation, of which three (3) years’ experience should be at a supervisory/management level.

Required Certification/ Professional Registration

• Qualified Chartered Accountant.

Competencies

• High levels of competence on the skills below is a requirement:
• Knowledge of budgeting.
• Working knowledge of the Public Finance Management Act (PFMA), National Treasury Regulations, the Generally Recognized Accounting Practice (GRAP), and other prescripts relevant within state-owned entities.
• Good knowledge of governance framework i.e. King IV.
• Strong communication and presentation skills.
• Financial and analytical skills.
• Strategic thinking.
• Ability to manage, guide and lead people.
• Skilled in the use of electronic accounting systems and Microsoft Office Package.
• Acts with integrity, and reliable
• Willing to take accountability.
• Ability to work under pressure.
• Ability to delegate work and inspire subordinates.