Chief Financial Officer Job at Nelson Mandela Bay Municipality in Port Elizabeth

JOB TITLE: CHIEF FINANCIAL OFFICER

(FIVE-YEAR FIXED-TERM PERFORMANCE-BASED CONTRACT)

POSITION CODE: 5628



THIS IS A RE-ADVERTISEMENT. PREVIOUS APPLICANTS NEED NOT APPLY AGAIN, AS THEIR APPLICATIONS WILL BE CONSIDERED AUTOMATICALLY.

Job purpose:

The Chief Financial Officer is the administrative head of the Budget and Treasury Office within the administration of the Nelson Mandela Bay Municipality and is, inter alia, responsible for providing strategic financial support to the Municipality.

The incumbent will be accountable to the Municipal Manager for the day-to-day financial management of the Municipality, and in particular the statutorily assigned functions of the post.

Requirements:

    Post-graduate degree/diploma or a higher education qualification at NQF Level 7 within the financial management discipline, with Accounting as a major subject, or a qualified Chartered Accountant.
    A Certificate in Municipal Financial Management, Certificate Programme in Municipal Development (CPMD) or registration with a recognised professional body (a recommendation).
    Eight (8) years’ proven management experience, of which at least three (3) years must have been in a senior management position.
    Must demonstrate a thorough knowledge of and experience in the application of legislative prescripts.
    A valid Code B driver’s licence.

Core competencies:

    Strategic leadership and management.
    Strategic and operational financial management.
    Governance, ethics and values in financial management.
    Financial and performance reporting.
    Risk and change management.
    Project management.
    Legislation, policy and implementation.
    Stakeholder relations.
    Supply Chain Management.
    Audit and assurance.

 Key Performance Areas:

    Advising the Accounting Officer and Senior Managers on the exercising of the powers and duties conferred on them in terms of the MFMA and the preparation and implementation of the municipal budget in line with the MBRR.
    Advising the Executive Mayor and other office-bearers on financial and economic strategies, policy formulation, procedures and by-laws and the implementation thereof.
    Preparing and submitting regular reports to the Council, Executive Mayor and national and provincial departments, as prescribed by statute and policy.
    Controlling the budget and monitoring spending patterns and income generation in terms of Council’s approved SDBIPs, all supply chain management processes, and expenditure control, development and implementation.
    Monitoring and controlling proper accounting systems, preparing annual financial statements in accordance with GRAP, cash and investment management, billing processes and revenue collection, financial and asset risk management, and the operation of the internal insurance fund and development.
    Monitoring and maintaining a credible asset register in line with GRAP 17 and Treasury Regulations and developing and implementing municipal-wide internal control systems.
    Managing the human resources of the Budget and Treasury Office, so as to contribute to labour harmony and minimise disputes.
    Developing and implementing revenue enhancement mechanisms.
    Implementing credible and effective SCM processes, in line with the PPPFA and Treasury Regulations.
    Developing a financial turnaround plan for the Municipality.

 RECRUITMENT PROCESS REQUIREMENTS:

As part of the selection criteria, prospective candidates will be required to undergo competence/psychometric assessments to determine their suitability in respect of applicable core managerial and occupational competencies, as well as financial supply chain management competencies, as prescribed in the regulations on minimum competencies and municipal performance.

Should the necessity to determine equivalence of qualifications be required, such responsibility will rest with the applicants, and this should be established via a relevant verification authority.

Applicants must pass the minimum requirements for a security clearance, as required for the above posts. If it is not possible to screen the applicants with regard to a security clearance within the time-frame prescribed herein, any appointment must be subject to the applicant obtaining the necessary security clearance.

·     Note: Applications in envelopes marked "Confidential", stating the specific position for which application is being made and containing a detailed curriculum vitae, with certified copies of supporting documents, must reach the Acting Executive Director: Corporate Services, Nelson Mandela Bay Municipality at PO Box 116, Port Elizabeth 6000, on or before Friday, 15 November 2013 at 12h00 noon, eight floor, Lillian Diedericks Building, Govan Mbeki Avenue, Port Elizabeth.