Finance Specialist
3 days ago
**The Finance Specialist to be deployed should have the knowledge of the following**:
2. Knowledge of the Public Finance Management Act (PFMA), Treasury Regulations, Skills Development Act, and Skills Development Levies Act.
3. Knowledge of working on ERP accounting systems Syspro, SAP, SAGE 300, Microsoft AX, Sage Evolution would be an advantage.
4. Payroll experience will be an added advantage.
5. Ability to work on Ms Excel and data analysis will be required.
6. Ability to work under pressure, plan prior and prioritize tasks
7. Planning skills
8. Implementation skills
9. Good interpersonal, negotiation and leadership skills
**The Finance Specialist will be required to perform the following duties**:
- Assist in the Finance policies and development by providing inputs
- Assist in the development and review of financial accounting and related procedures
- Do a thorough review of all invoices support documents to ensure completeness and validity prior to recording
- Ensure completeness and validity of payments batches
- Ensure complete processes of all transactions of the SETA as per source documents
- Process relevant journals and post them to the General ledger
- Prepare reconciliations for different account components of annual financial statements for bank accounts, assets, and payable liabilities, projects expenditure among others
- Prepare the commitment schedules for Projects and Admin contracts
- Assist in compilations of complete budget for “CLIENT” in line with the strategy of the organisation
- Preparing monthly analysis and commentary on Actuals vs Budgets, and for a year on year and month-on-month variances and writing thorough and comprehensive commentary.
- Expenditure management ensures proper accounting of “CLIENT” expenses.
- Ensure proper recording and accounting for all types of liabilities of the SETA.
- Facilitates audit process for internal and external auditors
- Monitor and advice on the accounting impact of the inter-Seta transfers.
- Coordination with the grants administration and project team to ensure proper accounting of the grant’s payment.
- Ensure that proper reconciliation relating to the discretionary grants and mandatory grants are done
- Assist in the compilations or relevant reports for different structures within “CLIENT” and for external, stakeholders
- Participate in different structures including the internal committee for procurements and grant evaluations among others
- Perform all relevant asset management activities and ensure that asset register is complete and accurate
- Assist in the preparation of the interim and annual financial statements
- Ensure the controls are enhanced to avoid a repeat of audit findings
**Required Qualifications and Experience**
- Bachelor’s degree or National Diploma in Accounting/Auditing Financial Accounting/or Management Accounting.
At least 3 years relevant work experience with practical accounting experience, Accounts payables, projects accounting, cash and bank, assets management, and audit environment
**Job Type**: Temporary
**Salary**: R60,000.00 per month
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