Job Description
CONTROL AND COORDINATE THE BUDGET
- Manage and coordinate the MTEF, drawings, budget adjustment and ENE process.
- Ensure that the appropriate budget of the Branch is correctly allocated to the relevant responsibilities/cost centres.
- Realign the budget in line with operational needs for the branch.
- Manage the funds shift process.
MANAGE RESTITUTION HOUSEHOLDS AND CURRENT PAYMENT
- Ensure compliance to internal and external financial prescripts when processing payments.
- Verify and authorise payments in line with the delegated responsibilities.
- Ensure that payments are processed within the laid down time frames and correctly in terms of SCOA allocations.
MANAGE EXPENDITURE AND COMMITMENT REGISTER
- Analyse and monitor the expenditure trends against the spending plans and drawings payment volumes, and financial commitments, ensuring alignment with national budget expectations.
- Identify risk to financial performance (e.g. slow disbursements) and implement rapid corrective measures.
PROJECT RECONCILIATION
- Reconcile new approvals and old approvals to ensure that household are affected.
- Take effective and appropriate steps to avoid unauthorized, irregular and fruitless and wasteful expenditure.
COMPILE AND COORDINATE FINANCIAL REPORTS
- Report on spending against the monthly cash flow projections (IYM) and spending plans for the branch.
- Provide expenditure reports and projects analysis reports to the line managers.
- Provide financial management information and advise to the line managers.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Finance/Accounting Management Jobs in Eastern Cape
Career prospects in Finance and Accounting Management positions in the Eastern Cape are generally strong, with a growing demand for skilled professionals in this field. The region’s diverse economy, which includes key sectors such as agriculture, mining, and manufacturing, creates a need for financial expertise to drive business growth and stability.
Typically, salaries for Finance and Accounting Management roles in the Eastern Cape can range from R400 000 to R1 million per annum, depending on factors such as experience, company size, and industry sector. However, it is essential to note that actual salary ranges may vary significantly due to these variables. For instance, senior executives or those working for larger multinational corporations like Google or Microsoft may earn on the higher end of this range.
Common skills required for Finance and Accounting Management roles in the Eastern Cape include proficiency in financial software such as SAP or Oracle, strong analytical and problem-solving skills, excellent communication and leadership abilities, attention to detail, and a solid understanding of financial reporting and regulations. A degree in accounting, finance, or a related field is typically necessary, with many professionals also holding relevant professional designations like CA (South Africa) or CIMA.
The Eastern Cape’s economy is diverse, with various industries that commonly employ Finance and Accounting Management professionals. The financial services sector, for example, plays a significant role in the region, while technology companies and manufacturers also require skilled finance professionals to manage their finances effectively. Additionally, the province’s growing tourism industry creates opportunities for finance specialists to work on hospitality operations.
Career development opportunities for Finance and Accounting Management professionals in the Eastern Cape are generally strong. With experience, many professionals can move into senior roles or transition into related fields like financial planning or risk management. Many companies also offer training and development programs to help employees build new skills and advance their careers.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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