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ASSISTANT MANAGER: FINANCIAL RISK MANAGEMENT

8:57:00 PM

ASSISTANT MANAGER:
FINANCIAL RISK MANAGEMENT
Salary notch: R221 058 per annum (Ref. PT 12/08)

Requirements:

  • A B degree/ND in Accounting/Financial Management/Economics/Public Finance
  • 3 years’ relevant experience in financial or risk management
  • Advanced computer skills, eg Word, Excel, etc
  • Good written and verbal communication, report-writing and presentation skills
  • Knowledge and understanding of the regulatory framework for the Public Service, eg PFMA and Treasury Regulations
  • Must have completed articles.

Key performance areas:

  • Assist in managing the financial risk of the Revenue Fund of the Eastern Cape Province
  • Maintain effective and efficient communication with the Finance division of each provincial department
  • Assist in forecasting the cash flow of the Province, comparing it to past trends, highlighting major deviations from the budgeted cash flow in order that they may be investigated
  • Assist in consolidating the cash flow of the Eastern Cape Provincial Departments and Revenue Fund
  • Monitor risk parameters (credit and financial instruments limit, as well as interest rate risk) on a daily basis
  • Comply with the provisions of the PFMA Act, 1 of 1999 (as amended), Treasury Regulations and other relevant legal prescripts
  • Liaise constantly with provincial bankers
  • Prepare reports on the status of provincial finance on a daily basis
  • Review the weekly cash flow requisitions from departments for reasonableness
  • Ensure that all excess cash is invested
  • Maintain and manage conditional grants with provincial departments, especially with respect to the inflows and outflows from the Revenue Fund
  • Perform any other responsibilities assigned by the manager from time to time.

Application Instructions
Applications must be submitted on the Application for Employment Form (Z83), obtainable from any Public Service Department, or go to www.gov.za and should be accompanied by a comprehensive CV, including at least 2 contactable referees, and certified copies of qualifications, driver’s licence (where applicable) and Identity Document (with an original certification stamp, Z83 form must be signed by an original signature).

It is the responsibility of applicants in possession of foreign qualifications to submit evaluated results by the South African Qualifications Authority (SAQA).

The Department of Provincial Treasury welcomes people with disabilities.

Applicants are requested to apply for each post separately. Short-listed candidates will be required to undergo competency assessments.

For SMS position, short-listed candidates will be required to undergo competency assessments.

All short-listed candidates will be required to undergo security clearance. All the appointments are subject to State Security Agency (SSA) security screening.

Applications can be forwarded through one of the following options:
• Post: The Senior Manager: Human Resources Management, Eastern Cape Provincial Treasury, Private Bag X0029, Bhisho 5605
• Hand-delivery: Human Resources Section, Provincial Treasury, Room No 3052, 3rd Floor, Tyamzashe Building, Bhisho

Failure to submit a comprehensive CV, qualifications and the signed Z83 form will result in the disqualification of the application from the process (no faxed applications will be accepted).

Enquiries can be directed to Mr P Feni at (040) 609-5801/5986.

Closing date: 6 March 2012

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