Pfma Specialist

**_ Equity Statement :Preference will be given to suitably qualified Applicants who are members of the_**
**_designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating_**
**_Division._**

**_ Alternative Application Methods: (Completed Curriculum Vitae to be submitted)_**

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**_ Operating Division : Transnet Pipelines_**

**_ Position Title : PFMA Specialist_**

**_ Employee Group : Permanent_**

**_ Department : Finance_**

**_ Location : Durban Central_**

**_ Reporting To : Senior Manager: Gov,Risk & Controls_**

**_ Grade Level : E_**

**_ Reference Number : 40001460_**

**_ Position Purpose:_**

1. Manage the accurate identification, reporting and monitoring of the PFMA violations to ensure that TPL complies with the

Regulations and standards of the PFMA Act and other legislation/policies.

2. Manage PFMA associated reports and registers to ensure accurate and complete reporting of PFMA.

3. Support the Senior Manager: Governance, Risk and Compliance to review and monitor compliance with PFMA and other

legislation/ policies applicable to TPL including identifying and implement PFMA improvement initiatives to address

non-compliance sustainably.

**_ Position outputs:_**

1. Review and monitor compliance with PFMA and other applicable legislation/policies within TPL.

2. Develop and implement PFMA initiatives, to proactively identify PFMA reportable matters across TPL and ensure

mechanisms are in place to reduce incidents/occurrences and report PFMA violations timeously.

3. Ensure monthly violations are updated for total spend to ensure accuracy of PFMA loss reported. Analyse the PFMA

violations and complete a full financial impact assessment to ensure accuracy of reporting financial loss in the financial

statements.

4. Review PFMA reportable matters submitted by Assurance Specialist/process owners and ensure matters are loaded on

the PFMA reporting system timeously. (PFMA registers)

5. Proactively monitor PFMA reportable matters and track action plans and resolutions are resolved by the due dates

specified.

6. Proactively review the PFMA reporting system on a regular basis to ensure PFMA reportable matters are updated with

status and corrective action taken by management.

7. Review PFMA register on a regular basis to ensure closure of consequence management, determination tests,

condonations and write-offs.

8. Proactively engage with management to identify any PFMA challenges and design support required by the business to

classification thereof in terms of the PFMA Act.

9. Review of PFMA Control Compliance Plan, PFMA Control Framework and Control Self-Assessment to ensure controls are

in place to address PFMA risks and legislative requirements across TPL.

10. Collaborate with functional departments e.g. SCM, Legal, and HR to ensure closure of PFMA reportable items in terms of

PFMA.

11. PFMA reporting to the Senior Manager: Governance, Risk and Controls, CFO, TPL OPCO, TPL FINCO, TPL EXCO,

ICSC and PFMA.

12. Implement the compliance framework and ensure that adequate procedures are put into place to ensure compliance with

laws, regulations and policies within TPL.

13. Review adequacy of key controls to mitigate against key risks relating to compliance with PFMA and other legislative

requirements.

14. Review the outcomes of compliance reports and monitor compliance with policies, standard operating procedures, legal

and regulatory requirements.

15. Assist in developing and approval annual plan for reviews and audits to be completed across multiple functional areas to

provide assurance on PFMA compliance. Ensure successful execution of the across TPL.

16. Develop and design testing approach and relevant documentation to enable reviews and audits to be completed to

provide assurance on PFMA compliance.

17. Review audit programmes, work papers and documentation to support PFMA compliance audits/ reviews.

18. Design and develop analytical dashboards (CCM, SAP reports) to proactively identify transactions across SAP that do not

comply with the relevant processes and could be in contravention of PFMA.

**_ Qualifications & Experience:_**
- Postgraduate Degree in Auditing/Accounting
- 6-8 years’ experience is required with at least 5 years’ experience in an external/internal audit function and within public

sector (PFMA experience essential), including at least 3 years at a managerial level.
- Requirement of trust and honesty in the handling of finances as per the National Credit Act Amendment 19
- Legislative Certification/Registration required:

- SAICA registration as Chartered Accountant
- Registered member of Institute of Internal