Senior State Accountant ( 12 Months Contract)

SUMMARY:
The aim of the position is to coordinate, review and undertake the implementation of financial accounting systems and procedures for the National Treasury Funds.

Qualifications and experience:

• A recognised three-year National Diploma/ Degree in Financial Management or Financial Accounting (at least 360 credits – NQF6) coupled with 3 years’ relevant experience in Financial Management Accounting
• Proficient computer literacy in Microsoft Office especially Excel
• Working knowledge of BAS will serve as an advantage

POSITION INFO:
The successful incumbent will be responsible for a wide variety of tasks, which include the following but not limited to:

Ensure supervision of financial process:

- Prepare a memorandum to National Treasury explaining variances;
- Support the undertakings of researches on latest trends on cash flow management related internal controls;
- Align internal controls with the company policies and Auditor General strategic guidelines;
- Supervise continuous adherence to developed and approved internal controls;
- Support the undertaking of corrective measures on deviation to internal controls;
- Monitor General Ledger.

Provide financial reporting services:

- Preparation and provision of expenditure reports;
- Compile financial reports regarding turnaround times, documents processes and error rates;
- Perform end of day duties to ensure effective reporting, identification of issues and
- Evaluate financial documents

Provide financial reporting services:

- Monitor the recording of cash flow transactions;
- Ensure the undertakings of cash flow management risk analysis processes;
- Supervise the administration for audit queries on cash flow management;
- Assist with the preparation of annual financial statements for audit purposes;
- Assist with the preparation of quarterly and interim financial statements required by management of the relevant Funds;
- Provide quarterly inputs for organisational performance reporting;
- Preparation of monthly fund reports and
- Preparation of monthly administration reports.

Undertake revenue, expenditure management and accounting work as required:

- Render debt management, monitoring and reporting services;
- Ensure payment for goods and services, transfers, subsides and reporting;
- Provide financial administration and accounting services (ledgers/journals, accounting and reporting, interim and annual financial statements)
- Check monthly administration claims by the company to National Treasury;
- Preparation of monthly journals (BAS & Civpen);
- Preparation of the monthly advance request to National Treasury;
- Process information;
- Ensure that expenditure is in line with the budget and item provisioning;
- Facilitate the process of transfer payment/subsidy;
- Determine, calculate and classify of fund liabilities for the National Treasury Funds monthly;
- Assist with the coordination and compilation of the National Treasury Funds budget; Medium Term Expenditure Framework (MTEF), Estimate of National Expenditure (ENE) and Adjustment Budget in compliance with National Treasury guidelines