Financial Manager (Parow)

In brief

Overview This is an explanation of a Financial Manager position at the Western Cape Gambling and Racing Board, located in Parow. The role offers an all-inclusive annual salary package of R 1,101,468.00, which includes a 13th cheque. What you will do * Manage and oversee the preparation of the Board's Annual Financial Statements in accordance with GRAP and applicable legislative requirements. * Provide technical accounting guidance, interpret applicable accounting standards and ensure the appropriate accounting treatment of transactions. * Manage the preparation, monitoring and reporting of the Board's annual operational and capital budgets, including medium-term expenditure planning. * Oversee monthly, quarterly and annual financial reporting, including financial analysis, budget variance reporting and submissions to relevant oversight authorities. * Manage the Board's financial accounting processes, reconciliations, financial management information systems and related internal controls. * Oversee asset accounting and asset management processes, ensuring accurate accounting records and compliance with applicable requirements. * Coordinate external audit processes, liaise with the Auditor-General and oversee the resolution of audit findings. * Supervise, develop and manage staff within the Financial Services Department, ensuring effective performance and service delivery. * Develop, maintain and oversee the implementation of financial policies, procedures and internal controls to ensure sound financial governance and compliance with applicable legislation. Requirements (from the original advert) * A Bachelor's Degree NQF Level 7 in Accounting, Financial Accounting or an equivalent relevant qualification, with Financial Accounting as a major subject. * Five years or more relevant experience in financial accounting, financial reporting and budgeting, including the preparation of Annual Financial Statements, of which at least two years must have been gained in a public-sector environment operating within the PFMA or MFMA legislative framework. * Alternatively, candidates registered as Chartered Accountants South Africa [CASA] with at least five years' relevant external audit experience, including experience auditing Annual Financial Statements of entities subject to the PFMA or MFMA, will also be considered. * A minimum of five years' experience in a supervisory or management capacity. * Demonstrable technical knowledge and practical application of the Standards of Generally Recognised Accounting Practice GRAP, the Public Finance Management Act PFMA, Treasury Regulations and applicable public-sector financial reporting requirements. * Advanced computer literacy, particularly in Microsoft Excel and other Microsoft Office applications. Who should apply Candidates should possess a Bachelor's Degree (NQF Level 7) in Accounting or Financial Accounting, or an equivalent relevant qualification, with Financial Accounting as a major. A minimum of five years' experience in financial accounting, reporting, and budgeting, including Annual Financial Statement preparation, is required, with at least two years in a public-sector environment under PFMA or MFMA. Alternatively, Chartered Accountants (CASA) with at least five years of relevant external audit experience in PFMA/MFMA entities are considered. Five years of supervisory or management experience, strong technical knowledge of GRAP, PFMA, Treasury Regulations, and advanced computer literacy (especially Excel) are essential. Ideal candidates may also be registered as a Chartered Accountant (CASA), have completed SAICA or equivalent professional accounting articles, hold a relevant postgraduate qualification, possess hands-on experience preparing complete GRAP-compliant Annual Financial Statements (including disclosure notes and supporting schedules), have practical experience using CaseWare or similar financial reporting software, hold a valid Code B driver's licence, have experience coordinating external audits and engaging with the Auditor-General of South Africa, and have managed a financial accounting or financial reporting team within a public-sector environment. Deadline Not specified Reference Original posting: https://www.myjobmag.co.za/job/financial-manager-parow-western-cape-gambling-and-racing-board Source: myjobmag

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At a glance

• Microsoft Excel
• Microsoft Office
• Driver's licence

Extracted automatically from the advert; confirm requirements on the original listing.

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