Assistant Director: Reconciliation (06 Months Contract)

SUMMARY:
MINIMUM REQUIREMENTS:

• A Bachelor’s Degree/National Diploma in Acccounting/Cost and Management Accounting/Internal Audit/Financial Management or equivalent qualification.
• 3-5 years working experience in the Financial Management environment with supervisory experience.
• Knowledge of Public Service financial legislations, procedures and Treasury Regulations.

POSITION INFO:
RESPONSIBILITIES:
CONTROL AND COORDINATE THE BUDGET

• Manage and coordinate the MTEF, drawings, budget adjustment and ENE process.
• Ensure that the appropriate budget of the Branch is correctly allocated to the relevant responsibilities/cost centres.
• Realign the budget in line with operational needs for the branch.
• Manage the funds shift process.

• Ensure compliance to internal and external financial prescripts when processing payments.
• Verify and authorise payments in line with the delegated responsibilities.
• Ensure that payments are processed within the laid down time frames and correctly in terms of SCOA allocations.

• Analyse and monitor the expenditure trends against the spending plans and drawings payment volumes, and financial commitments, ensuring alignment with national budget expectations.
• Identify risk to financial performance (e.g. slow disbursements) and implement rapid corrective measures.

• Reconcile new approvals and old approvals to ensure that household are affected.
• Take effective and appropriate steps to avoid unauthorized, irregular and fruitless and wasteful expenditure.

• Report on spending against the monthly cash flow projections (IYM) and spending plans for the branch.
• Provide expenditure reports and projects analysis reports to the line managers.
• Provide financial management information and advise to the line managers.