To provide financial information to management by researching and analysing accounting data and preparing reports, and to assist in the preparation of CATHSSETA’s annual budget, compliant financial statements and reporting.
Financial Statement and Reporting
- Preparation of the GRAP Financial Statements (interim and annual) as per the guidelines and GRAP standards;
- Assist in clearing Audit Queries and implement the internal and External Audit recommendations;
- Prepare management accounts monthly;
- Prepare finance reports monthly; and
- Prepare quarterly reports for the National Treasury and Department of Higher Education and Training.
Policies, systems and governance implementation
- Advise management of any potential risk leading to noncompliance or over expenditure; and
- Provide inputs for development of standard operating procedures and/or business processes and policies.
Financial Management
- Review investment schedules and reconciliations monthly;
- Review the cash book transactions, journals and reconciliations monthly;
- Review the levy schedule and reconciliations monthly;
- Review other journals and reconciliations of accounts monthly and yearly;
- Review payroll journals and reconciliations processed monthly;
- Review asset journals and reconciliations processed monthly;
- Review FAR and GL reconciliation monthly;
- Review inventory and nonfleet journals and reconciliations processed monthly;
- Review the commitment register reconciliation monthly;
- Review commitment registers and TB quarterly; and
- Review provision reconciliations.
Budget, forecasting and revenue management
- Review and monitor actuals against budgets monthly;
- Prepare cost Centre report and share with all line managers for sign-off;
- Manage the transfer of budgets from one account to another;
- Prepare weekly cash forecast to assist management to transfer funds to bank accounts;
- Upload the yearly budget on the Sage system;
- Prepare the Medium-Term Expenditure Framework and ENE in line with Treasury regulations and DHET requirements;
- Prepare the adjustment budget;
- Prepare submission for retention of surplus; and
- Prepare submission to exceed 10.5% expenditure.
Financial Accounting
- Managing the processing of payments in line with PFMA and National Treasury Regulations;
- Managing the processing of Mandatory grant payments in line with the Skills Development Act; and
- Reviewing payroll and managing the payment thereof.
People Management and Development
- Manage a positive and constructive culture;
- Set performance targets for the subordinates and regularly monitor achievement thereof (performance);
- Monitor capacity of subordinates by providing relevant training;
- Develop Individual Development Plans/Individual Learning Plans (IDPs/ILPs) for subordinates to promote succession and talent retention. Monitor implementation of (IDPs/ILPs);
- Coach and/or mentor subordinates, where required; and
- Manage participatory democracy and Batho Pele principles through a caring, accessible and accountable service.