u

Chief Financial Officer at uMshwathi Municipality

uMshwathi Municipality
2 hours ago
Full-time
On-site
TOTAL REMUNERATION PACKAGE PER ANNUM (ALL INCLUSIVE)


Minimum: R 1 174 283
Lower: R 1 202 466
Midpoint: R1 231 325
Upper: R 1 260 877
Maximum: R 1 291 138


Key Requirements


A Bachelor Degree in Accounting / Finance / Economics or relevant NQF Level 7 qualification.
A minimum of five (5) years' experience at senior management level or five (5) years' experience at middle management level or the balanced combination of specified experience.
A proven record of accomplishment at a Management level in Local Government Finance.
Extensive and practical experience in the Local Government financial environment.
Demonstrate practical experience with the implementation of the Municipal Finance Management Act, Treasury Regulations, Supply Chain Management and other related legislation governing Local Government.
A qualification in the Certificate Programme in Management Development for Municipal Finance (CPMD/MFMP) or attaining the qualification within a reasonable timeframe in terms of Municipal Regulations on Minimum Competency Levels of 2007.
A valid code B driver's license.


Leading competencies


Strategic direction and leadership
People management
Program and project management
Financial management
Change leadership


Governance leadership:

Core Competencies


Strategic financial management Operational financial management Governance, ethics and values in financial management
Financial and performance reporting
Risk and change management
Project management
Legislation, policy and implementation
Stakeholder relations
Supply Chain Management Audit and assurance
Revenue Enhancement
Revenue Collection Asset Management.
Knowledge Advanced knowledge and understanding of relevant policy and legislation.
Advanced understanding of institutional governance systems and performance management.
Advanced understanding of Council operations and delegation of powers. Good governance.
Audit and risk management establishment and functionality.
Budget and finance management.
Ability to be an innovative and strategic leader.


Key Performance Areas

Reporting directly to the Accounting Officer, the incumbent shall be expected to:


Ensure the implementation of General Accounting Practice (GRAP) Standards.
Provide strategic leadership in the Finance Services Department of the Municipality.
Develop and continuously evaluate short- and long-term strategic financial objectives and ensure that internal financial targets and budgets are fully consistent with the Municipality's IDP, SDBIP's and relevant agreements with other sectors of Government.
Ensure effective and efficient management and control of municipal bank accounts and investment of surplus funds.
Meet reporting requirements as required in terms of financial management legislation such as the MFMA, Treasury Regulations and the DORA.
Monitor financial risks and implement an anti-fraud and corruption strategy in collaboration with risk management.
Compile budget estimates, monthly forecasts, project planning and produce adjusted cash flows.
Participate during the preparation of the Municipality's IDP and SDBIP's to ensure effective and efficient performance.
Develop tools and systems to provide critical and operational information to the Management of the
Municipality and make actionable recommendations on both strategy and operations.
Formulate creative solutions to enhance cost-effectiveness in the delivery of services and the administration of the Municipality.
Liaise with relevant role-players in the financial environment regarding transverse financial matters.
Manage all resources assigned to the incumbent and provide exemplary leadership toward a culture of Corporate Governance and Ethics.
Be responsible for Financial Performance Management Reporting, Municipal Supply Chain Management, Internal and External Audits and Accountability.
Assist the Accounting Officer with other roles and responsibilities delegated to the CFO position in terms of the relevant legislation.
Effective staff utilisation of staff, labour relations and discipline.
Added Advantage: Registration with relevant Professional body