Assistant Director: Management Accounting

Department Science and Technology- Minimum experience Mid-Senior- Company primary industry Accounting- Job functional area Accounting/Auditing- Contract term 12 months**JOB TITLE**: Assistant Director: Management Accounting

1.
**PURPOSE OF THE POST**

To coordinate, review and implement the management accounting systems and procedures.

Post Reports to Deputy Director: Management Accounting.

2.
** KEY RESPONSIBILITIES**

a) Planning-coordinate, review, analyse and quality assure the financial supporting information for planning purposes.

i) Coordinate and review the necessary financial supporting documents required for the strategic and annual performance planning process.
- Accurate and complete financial supporting documents

ii) Analyse and quality assures the relevant financial information required in the evaluation and development of business and project plans.
- Accurate and complete financial documents.

iii) Check and verify the supporting information for various financial planning processes.
- Accurate and complete information for various financial planning processes.

b) Budgeting-coordinate, review, analyse and quality assure the budget preparation process.

i) Assist in coordinating the preparation and consultation for the MTEF budget process.
- Accurate and complete MTEF workbook and Human Resource Budget Plan tool.

ii) Analyse, interpret and implement the treasury guidelines for the estimates of national expenditure (ENE).
- Accurate and complete ENE workbook and HRBP tool submitted to NT within deadline.

iii) Develop templates for the collection of budget information from line functionaries.
- Accurate and complete developed template.

iv) Analyse and interpret the requirements for the monthly cash flow and adjusted cash flow as prescribed by Treasury and recommend corrective action where required.
- Accurate and complete drawings template submitted.

v) Assess where shifting of funds/ virements is required and possible by reviewing expenditure against budget and make recommendations.
- Accurate adjustments on the budget as per programme inputs and as approved by the NT.

vi) Provide information for the preparation of the annual financial statements.
- Accurate information included in the annual financial statement submitted quarterly/annually.

vii) Monitor that all shifts /virements are included in the adjusted budget and used as per approval.
- Shifts of virements captured correctly and shifted expenditure spend according to the intended use.

c) Reporting-coordinate, review, analyse and quality assure the management accounting reporting processes.

i) Evaluate information on monthly reports produced (variance between actual versus budgeted expenditure) and recommend appropriate actions where necessary.
- Timely submission of monthly expenditure reports to the programme.

ii) Monitor that all shifts /virements are included in the In Year Monitoring Report.
- Accurate and completed IYM.

iii) Provide advice and guidance to role players on the use of forecasting methods and tools.
- Effective communication and proper guidance to role players.

iv) Compile information for the interim and annual performance reports.
- Complete and credible interim and annual performance reports.

d) Provide assistance to departmental components in budget and expenditure monitoring.

I) Assess the expending trends and draft recommendations.
- Spending trends assessed and recommendations drafted.

**3. COMPETENCY REQUIREMENTS**

**a)**
**Knowledge**
- Knowledge and understanding of Budget process.
- Knowledge and understanding of the PFMA.
- Knowledge and understanding of Treasury Regulations.
- Knowledge and understanding of financial standards (accounting standards).
- Knowledge and understating of Public Service Regulation.

**b) Skills**
- Management accounting and Financial Management skill.
- Customer orientation and service.
- Problem solving skills.
- Communication (writing, presentation & verbal)
- Computer literacy.
- Research and analytical skills.
- Negotiations.
- Stakeholder management.

**c) Personal attributes**
- Stakeholders liaison
- Ability to work under pressure
- Ability to work independently
- Team player
- Be innovative and creative

**d) Experience**
- At least 3 year relevant supervisory experience in accounting.

**4. LEARNING INDICATORS/QUALIFICATIONS**

a) A Financial Management or Commerce qualification at NQF 7.