Finance Officer
Job Grade: B4
Department: Finance
Normal Hours of work: Normal hours of work unless there are urgent matters to be attended to
Normal place of work: Auckland Park, Johannesburg
PRIMARY OBJECTIVE(S) OF THE JOB
Responsible for the provision of financial control support to the Financial Manager, including the monthly corporate liquidity, monthly financial performance, monthly financial position and monthly risk management activites related to the company’s financial activities in order to assist the Financial Manager in ensuring the solvency and liquidity of the organisation. Payment of invoices and reconciliations of creditors and preparation of age analysis. Assist the Accountant and Project Accountant with recording of transactions in the financial system.
MDDA VALUES Integrity: We are honest, transparent, reliable, fair, accountable and responsible for our actions Ubuntu: We are empathetic, courteous and respectful to our staff and clients alike Professionalism: We are efficient, effective, service delivery orientated, punctual, performance driven and work collectively Commitment: We are passionate, go the extra mile, responsive, have a strong work ethic, are consistent and accessible Developmental: We are inclusive, open and participatory.
KEY DUTIES AND RESPONSIBILITIES. Financial Control – Revenue Management o Assisting the Finance Manager in the sourcing of Funds to ensure the financial viability of the organisation. o Assisting the Finance Manager in the investigation of new revenue streams for the organistion. o Compling of of legislative documents for the Grant Funds approval process, to assit the Finance Manager in the accurate and timely submission of required documents. – Expenditure Review o Verification of expenditure documents to ensure required documents and signatures are in place before payments are made. o Loading of payments, as processed by the Disbursement Officer, to the Banking Platform o Compilation of expenditure and other account reconciliations. o Assist the HRM and Finance Manager in the processing of payroll. – Budget Control o Assist the Finance Manager in budgeting control, ensuring that expenditure is in line with the approved budget.Monitoring of internal budget controls. – .Investment Control o Assist the Finance Manager in the investment of surplus funds to ensure the maximum return on investments. o Compilation of investment reconciliations. – Petty Cash Control o Replinishment of Petty Cash o Issuing of Petty Cash Disbursements o Recoding of Petty Cash transactions o Monlty reconciliation of Pett Cash
Reporting o Compile and ensure that all reports and documentation are generated and submitted according to specified standards and requirements o Assits the Finance Manager in the development of their departmental financial reports. o Assits the Finance Manager in the development of Annual Performance Report. o Assits the Finance Manager in the development of the Organisational Annual Report. o Assits the Finance Manager in the development of Monthly and Quarterly organizational Financial Reports. o Assist the Finance Manager in compilation of Quarterly and Annual Financial Statements.
Internal and External Audit Management o Assisting the Finance Manager in co-ordination of the Audit preparation plan o Co-ordination of the Audit Process for finance o Provision of information to the Auditors o Assist the Finance Manager in responding to the Audit Quires o Assist the Finance Manager in attaining a positive audit outcome Record Keeping o Maintain department records and files to ensure information is kept up to date and filed accurately
PLANNING AND DEVELOPMENT Keep up to date with latest financial management trends
QUALIFICATIONS AND EXPERIENCE A relevant tertiary qualification at NQF level 6 in Finance Minimum of (2) relevant Accounting experience Knowledge and understanding of the Public Finance Management Act (PFMA); Preferential Procurement Policy Framework Act and Supply Chain Management in the public sector; Public Audit Act; Treasury Regulations; and Public Administration would be an advantage.
CONTINUOUS PROFESSIONAL DEVELOPMENT AND UPGRADE Maintain professional and technical knowledge by attending educational workshops; benchmarking with latest financial practices and keep abreast with new financial trends by participating in professional bodies
All the best with your applications
