Divisional Head:Finance IRPTN RSWD50005

• Develop, monitor and advise on a financial planning delivery framework and strategy ensuring compliance with practices and legislative requirements
• Develop, plan and drive an overall project implementation strategy
• Implement, plan drive and overall departmental operational plan for accounting and financial requirements
• Ensure financial management, control and monitoring of the total capital and operational budgets of the final reporting thereof to the Nation Treasury, National Department of Transport and CoE Finance Department, compliance with all MFMA process and Treasury policies
• Implement balanced financial analysis and economic projections of revenue and expenditure to ensure sound operational and financial management of the IRPTN
• Take overall responsibility for monthly, quarterly and annual financial reporting requirements, including financial statements and performance reports
• Develop and implement financial plans and financial forecasting based on operational and business plan of the IRPTN
• Exercise managerial oversight of financial modelling, business plans, feasibility studies and inputs in fare modelling and reporting on the financial implications thereof
• Lead the annual budgetary process of the IRPTN, financial audit functions and the establishment of prudent financial accounting practices
• Monitor supply chain management processes to ensure that correct tendering prescripts and procedures are followed at all times
• Liaise and establish cooperation with the management support staff to ensure budgetary planning and controls are aligned with the IDP/Master Plans
• Provide oversight of all financial aspects involving the IRPTN, including the financial analysis of projected and current capital and operational expenditure to ensure accountability and risk management
• Ensure the anticipation and management of financial and administrative risks and put in place contingency plan to mitigate such risks
• Ensure the strategic and management responsibility for the finance plans and budgets of the IRPTN are with accordance with the strategic thrusts of the Ekurhuleni Municipality
• Oversee all budgeting aspects, including resources for planning, acquisition and maintenance, new infrastructure and the internal and external operational funds of the IRPTN
• Ensure all economic and financial milestones related to the above functional areas are achieved within the time, cost and expenditure targets set for each phase of the IRPTN. Ensure application and maintenance of an effective, efficient system of internal controls
• Coordinate development and delivery on service level agreements made with internal and external stakeholders that meet or exceed expectations
• Ensure efficient financial management of the IRPTN planning processes, implementation and operations and all other financial elements of the IRPTN project

Core Requirements:

• B Degree in Commerce/ Business Science/ Business Administration/Economic Science or relevant NQF level 7 Qualification
• MBL/MBA will be an added advantage
• 8 years relevant management experience in a similar environment of which 4 years must been in financial administration within programme or project management at senior management level Experience in working with stakeholders such as taxi industry would be an added advantage
• Experience in working with stakeholders such as taxi industry would be an added advantage
• Financial modelling and forecasting
• Strategic capacity and leadership skills, accountability and ethical conduct
• Knowledge of relevant legislation and municipal planning, operational financial management, planning and reporting skills
• Knowledge and information management skills, knowledge of governance and risk management
• Stakeholder and service orientation
• Proficiency in policy development and analysis
• Effective communication skills, programme and project management skills, people management skills
• In-depth knowledge and successful experience in the area of administration, finance, human resources and procurement
• Exposure to the management of large capital and operational budgets
• Budget preparation and the control and auditing of expenditure
• Preparation, analysis, evaluation and interpretation of financial statement
• Performance accounting and financial reporting skills