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TRANSNET
WORK INTEGRATED TECHNICAL LEARNER: DURBAN, EAST LONDON, PORT ELIZABETH, NGQURA
Operating Division: Transnet Corporate Centre
Employee Group: Trainee
Department: TA Youth Development
Location: Various Locations
Reporting To: Specialist: Youth Development
Grade: TN
Reference: req5703
The closing date is on 25/08/2026. It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement.
Position Purpose
The Work Integrated Learning (WIL) Trainee Programme aims to provide students and
recent graduates with practical workplace experience, allowing them to apply their
academic knowledge in a real-world environment. This programme is designed to
enhance participants' employability by offering hands-on training, mentorship, and
exposure to industry-specific tasks. The WIL trainee programme is conducted over a
period of 12 months.
Position Outputs
Task Execution • Assist in specific projects within a department or work-stream. • Perform routine operational tasks under supervision. • Support administrative functions, including documentation and reporting. Learning & Development • Participate in training sessions, workshops, and mentorship programs. • Shadow experienced professionals to gain practical insights. • Engage in problem-solving activities to develop analytical skills. Communication & Collaboration • Interact with customers, suppliers, and internal teams to understand business needs. • Provide regular updates on assigned tasks and project progress. • Serve as a central contact point for queries and assistance. Research & Analysis • Conduct market research, data collection, and analysis to support business decisions. • Prepare reports and presentations using MS Office tools. • Assist in process improvement initiatives.
Follow company policies, procedures, and safety regulations. • Ensure adherence to ethical and professional standards. • Maintain confidentiality and integrity in all tasks
Qualifications and Experience
Matric certificate. B Eng Tech/National Diploma: S4-S5 Completed all theoretical coursework in the following disciplines: Electrical (Heavy Current)/Mechanical/ industrial/ Engineering. • Must be a South African citizen. • Age between 18 -35
Competencies
• Good written and communication skills. • Basic computer skills. • The ability to work well within a team. • Problem solving skills. • Pays attention to detail. • Willingness to learn. • Interpersonal Skills
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.
SNR MANAGER: TAXATION
Operating Division: Transnet Rail Infrastructure Manager (TRIM)
Employee Group: Permanent
Department: TR-FIN-Taxation-PKT
Location: Parktown
Reporting To: General Manager: Finance
Grade: D
Reference: req5678
The closing date is on . It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement.
Position Purpose
• To assist in the implementation of the Company's taxation strategy in respect of direct and indirect tax so as to ensure that TRIM complies fully with taxation requirements and legislation.
• To support the Transnet Group Tax team in the delivery of their responsibility as regards to the management of Transnet Group’s tax affairs.
• To identify tax planning risks relevant to TRIM, manage those risks and ensure compliance with local regulations.
• To provide strategic leadership and management oversight on all aspects of the TRIM tax function for both direct and indirect taxes.
• To coordinate and ensure that all taxation guidelines, processes and procedures for both direct and indirect taxes are in place.
• To ensure that TRIM complies fully with the taxation requirements and all relevant legislation
Position Outputs
• Perform reviews and spot checks on business processes and practices to ensure compliance with the relevant legislation. Where necessary, recommend changes.
• Ensure that Transnet taxation guidelines, processes and procedures are updated with any changes in tax legislation and that these updates are properly communicated to the business.
• Ensure that the Transnet Group Tax strategies and directives are applied consistently at the Transnet Rail Infrastructure Manager tax division
• Identify and manage tax risks (income tax, vat, customs duty and ad hoc projects) within Transnet Rail Infrastructure Manager to ensure compliance with the tax legislation.
• Ensure that internal controls are properly and consistently implemented. Monitor non-compliance to ensure that the appropriate process was used, exceptions are followed up and appropriate corrective action taken.
• Research, develop, and implement tax planning strategies, including new business initiatives. Research tax issues and provide relevant tax advice to the business.
• Research and provide tax advice on the business cases and contracts that are presented on the capital investment committee.
• Lead and manage the staff within the Taxation department so that they meet the objectives of their roles and obtain the necessary guidance and development. Ensure that staff performance is evaluated on a regular basis and that training targets are met.
Qualifications and Experience
• BCom (Hons) Accounting or Financial Management and a Postgraduate degree/diploma in Taxation • CA(SA) would be added advantage • A minimum of 8 years' experience in Tax environment with at least 5 years at management level • Requirement of trust and honesty in the handling of finances as per the National Credit Act Amendment • Must undergo Lifestyle Audit • Standard Job Requirements • Driver’s license code 08 • Travel as required
Competencies
•Strategy & Sustainability •Strategic Thinking Translates strategies into measurable goals and objectives to achieve the organisations vision. •Commercial Awareness Keeps abreast of internal and external factors that can impact the business; is aware of developments in organisational structures, economics and politics where relevant •Innovating Generates new ideas or solutions by thinking "outside of the box"; reviews current processes or systems and identifies ways to optimise them •Inspirational Leadership •Inspiring People Inspires, motivates and empowers team members to do their best •Managing Talent Provides clear direction and sets performance standards/requirements for the team •Leading Change Manages and directs change initiatives. •Embracing Diversity Manages and promotes equal opportunity and has an appreciation for diversity in the workplace Business Performance and Delivery •Lead Business Performance Manages the business to be more efficient and effective •Strategic Decision Making Is decisive and takes full accountability for decisions •Business Acumen Understands and deals with various business situation using obtained knowledge and a broad spectrum of expertise •Analysing Thinks in a systemic way but is open to new approaches •Relationship Management •Communicating Effectively Communicates the business strategy and objectives in a clear and manner •Collaborating and Networking Build wide and effective relationships with people inside and outside of the organisation to help achieve the organisations goals and objectives •Service Orientated Leads by example; strives for a customer centric culture where everyone acts with the customer in mind •Corporate Governance & Compliance •Leading Governance Always work in the best interest of the organisation and aligns business practices to ethical obligations and good corporate governance. •Leading Safety Practice Takes full responsibility for adherence to safety practices within the department •Leading Risk Management •Personal Mastery •Learning and Applying Expertise •Resilience •Emotional Intelligence •Vigour & Personal Drive
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.
Disclaimer
If you have not heard from Transnet within 90 days, please consider your application as unsuccessful.
Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056 or email reportit@ethicshelpdesk.com.
SNR MANAGER: STATUTORY REPORTING
Operating Division: Transnet Rail Infrastructure Manager (TRIM)
Employee Group: Permanent
Department: TR-FIN-Statutory Reporting-PKT
Location: Parktown
Reporting To: General Manager: Finance
Grade: D
Reference: req5676
The closing date is on . It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement.
Position Purpose
• To manage and Coordinate Group reporting requirements including the development of guidelines, templates and instructions for the business areas and the implementation of internal controls to ensure the delivery of timeous and accurate information. • To review, aggregate and consolidate statutory financial and monthly management information in order to ensure the delivery of accurate and timeous reports in accordance and compliance with the Group reporting standards and requirements. • To ensure that all accounting policies and procedures are compliant with all statutory regulations and accounting standards and that they are communicated to the business areas.
Position Outputs
• Analyse new accounting standards to assess the impact and changes in the reporting requirements and develop new processes to ensure compliance with new standards • Assist in developing adequate levels of internal control throughout the business to ensure the quality and usability of incoming information that it is adequately supported and explained where necessary • Compile and roll out reporting templates, reporting instructions and reporting requirements to be used on a periodic basis, ensuring alignment with the requirements of Transnet • Conduct follow up with appropriate finance personnel for answers on technical queries arising from the reporting of the different business areas and support units. • Perform timely periodic production of the financial consolidations and statistical reporting in order to enforce the financial and statistical reporting calendar and maintain compliance with the prescribed format for the Group
• Review of monthly, quarterly and annual financial reports and audit committee submissions and review of all financial information included within the annual report. • Review the monthly trial balance to ensure that it complies with IFRS prior to inclusion in the monthly reporting in conjunction with the finance managers responsible for the ledger. • Assist in planning and managing the external audit process, including determining the areas to be covered and the extent and scope of the audit, providing facilitation services and ensuring that all queries are satisfactorily resolved, and audit packs are timeously approved
• Coordinate the follow-up of issues related to statutory reporting in the external audit management letter or in the internal control reports and ensure that they are dealt with promptly and in a satisfactory manner and that there are no repeat occurrences • Lead and manage staff within the department so that they meet the objectives of their roles and obtain the necessary guidance and development • Assist the Head in ensuring that the spend of the Statutory Reporting section is well managed and that the allocated budget is not exceeded unless approval is obtained.
Qualifications and Experience
•CA (SA) qualification. • 8-10 years’ experience in Finance with at least 5 years at management level • Direct experience in statutory reporting will be preferred. • Requirement of trust and honesty in the handling of finances as per the National Credit Act Amendment. • Must undergo Lifestyle Audit. Standard Job Requirements • Driver’s license code 08 • Travel as required and approved
Competencies
• Strategy & Sustainability • Strategic Thinking Formulates strategies and business plans to achieve the overall organisation’s direction •Commercial Awareness Keeps abreast of internal and external factors that can impact the business •Innovating Generates new ideas or solutions by thinking "outside of the box"; reviews current processes or systems and identifies ways to optimise them •Inspirational Leadership •Inspiring People Leads by example. Inspires, motivates and empowers team members to do their best •Managing Talent Provides clear direction and sets performance standards/requirements for the team. •Leading Change Leads and directs change initiatives •Embracing Diversity Leads and promotes equal opportunity and has an appreciation for diversity in the workplace •Business Performance and Delivery •Lead Business Performance Leads the business to be more efficient and effective •Strategic Decision Making Is decisive and takes full accountability for decisions •Business Acumen Understands and deals with various business situation using obtained knowledge and a broad spectrum of expertise •Relationship Management •Communicating Effectively Communicates the business strategy and objectives in a clear and manner •Collaborating and Networking Build wide and effective relationships with people inside and outside of the organisation to help achieve the organisations goals and objectives •Service Orientated Leads by example; strives for a customer centric culture where everyone acts with the customer in mind •Persuading and Influencing Is able to persuade and influence those around him/her for the benefit of achieving the organisation/department’s goals and objectives. Identifies and influences key decision makers using strong persuasive techniques and creates a strong personal impression that leads to buy in from others •Corporate Governance & Compliance •Leading Governance Always work in the best interest of the organisation and aligns business practices to the ethical obligations and good corporate governance •Leading Safety Practice Leads safety practices by communicating, enforcing and supporting all safety standards and activities •Leading Risk Management Identifies areas of risks and implements corrective actions to mitigate the impact of risks to ensure overall sustainability •Personal Mastery •Learning and Applying Expertise •Resilience •Emotional Intelligence •Vigour & Personal Drive
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.
Disclaimer
If you have not heard from Transnet within 90 days, please consider your application as unsuccessful.
Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056 or email reportit@ethicshelpdesk.com
SNR MANAGER: GOVERNANCE LOSSCONTROL&PFMA
Operating Division: Transnet Rail Infrastructure Manager (TRIM)
Employee Group: Permanent
Department: TR-FIN-Compliance & Governance-PKT
Location: Parktown
Reporting To: General Manager: Finance
Grade: D
Reference: req5675
The closing date is on . It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement.
Position Purpose
Proactively establish and maintain a sound internal control, PFMA governance and loss control environment to assist in the improvement of organisational operational activities towards the efficient and effective attainment of TRIM’s goals and objectives. The role supports the Head: Governance and Audit Liaison by providing specialised oversight of PFMA compliance, irregular expenditure, fruitless and wasteful expenditure, SCM governance, loss control matters and related governance breaches, including support for internal and external audit queries, evidence preparation, root cause analysis, management responses and corrective action tracking in these areas.
Position Outputs
• Develop control frameworks, assist the business in the embedment of policies, procedures and the socialising and/or ensuring awareness of approved documented control frameworks by the Process Owners and the Internal control Champion. • Drive Control self-assessments by ensuring that business process owners adhere to the requirement to complete regular assessments and analysis of results. • Ensure a sound internal control environment within the organisation by reviewing reports (ITM, CSA, PFMA, Audit reports, etc.), identify any control deficiencies and implement measures to address these. • Participate in Special Projects and adhoc requests from management and Group that deal with internal controls. • Contribute to the development of the strategic goals and objectives of the Governance and Audit Liaison department e.g. (Business Plan, policies & programs) aligned to best practice and Group strategic goals and manage the implementation thereof.
• Develop, manage and enhance scalable compliance program/s with effective program elements that mitigate all areas of operational & financial risk and ensure sustainable controls commensurate with the risk appetite and growth of TRIM. • Monitor and provide advice on measures to ensure compliance to TRIM and Transnet policies and procedures. • Analyse and interpret the financial environment to assess risks and ensure that the department is monitoring activities that address relevant risks. Maintain and update the financial risk register for TRIM Finance. • Ensure that all GMs and TRIM Finance Heads are timeously and accurately kept abreast of all significant/long outstanding audit findings before same is escalated to the Transnet EXCO. Assist where possible to ensure that the ITM is updated with the correct action plans and that they are relevant and up to date.
• Ensure that an effective ITM dashboard of all internal control activities within TRIM is maintained and presented to the Governance Steering Committee in TRIM (and other relevant Transnet approved committee) for proper decision-making and action. • Promote robust discussions around all matters on the ITM dashboard ensuring that it fairly reflects the overall status of internal controls in TRIM. • Liaise with managers at the different locations within the OD to project manage OD wide projects to enhance controls and to adequately manage risk identified through internal audits and the results of controls self assessments. • Establish/define/initiate/refine and manage the Critical Financial Reporting Controls (CFRC) and Business Critical Controls. • Investigate and report on material transactions on an ongoing basis to ensure that such transactions bear evidence of segregation of duties and compliance to DOAs in TRIM.
• Lead and manage the team; manage the cost centre and audit budget Advise and reflect on the adequacy and effectiveness of financial risks and controls and ensure that internal controls are improved where weaknesses in the SAP system are identified. • Integrate efforts on improvement of internal controls through liaison with the Legal department’s Forensic section and consideration of the reason/s as to how controls were bypassed or were not adequate in design.
External audit, PFMA and governance liaison support • Support external audit matters relating to PFMA compliance, irregular expenditure, fruitless and wasteful expenditure, SCM governance, contract deviations, delegations of authority, loss control and governance breaches by coordinating evidence, reviewing management responses and tracking corrective actions to closure. • Review audit evidence packs for completeness, factual accuracy, traceability and alignment to PFMA, Treasury Regulations, Companies Act, SCM governance requirements, Transnet policies and approved delegations before submission to the Head: Governance and Audit Liaison.
Liaise with SCM, Legal, Risk, Compliance, Forensics, Shared Services, Finance Heads and process owners to resolve audit queries and ensure sustainable remediation of PFMA, loss control and governance-related findings. • Identify repeat external audit findings in PFMA, SCM governance and loss control areas and recommend practical control improvements to prevent recurrence.
Qualifications and Experience
• Honours degree in Finance, Internal Auditing/Accounting or Company Law • Minimum 8-10 years' experience in Finance/SCM Compliance and governance or internal audit environment with at least 5 years at a management level • Certified Internal Auditor would be added advantage • Registered CA (SA) is an added advantage • Requirement of trust and honesty in the handling of finances as per the National Credit Act Amendment 19 • Must undergo Lifestyle Audit • Standard Job Requirements • Driver’s license code 08 • Travel as required and approved
Competencies
• Strategy & Sustainability • Strategic Thinking Formulates strategies and business plans to achieve the overall organisation’s direction. • Commercial Awareness Keeps abreast of internal and external factors that can impact the business • Innovating Generates new ideas or solutions by thinking "outside of the box"; reviews current processes or systems and identifies ways to optimise them • Inspirational Leadership • Inspiring People Inspires, motivates and empowers team members to do their best • Managing Talent Provides clear direction and sets performance standards/requirements for the team • Leading Change Leads and directs change initiatives. • Embracing Diversity Leads and promotes equal opportunity and has an appreciation for diversity in the workplace Business Performance and Delivery • Lead Business Performance Leads the business to be more efficient and effective • Strategic Decision Making Is decisive and takes full accountability for decisions • Business Acumen Understands and deals with various business situation using obtained knowledge and a broad spectrum of expertise • Analysing Thinks in a systemic way but is open to new approaches • Relationship Management • Communicating Effectively Communicates the business strategy and objectives in a clear and manner • Collaborating and Networking Build wide and effective relationships with people inside and outside of the organisation to help achieve the organisations goals and objectives • Service Orientated Leads by example; strives for a customer centric culture where everyone acts with the customer in mind • Persuading and influencing Is able to persuade and influence those around him/her for the benefit of achieving the organisation/department’s goals and objectives. Identifies and influences key decision makers using strong persuasive techniques and creates a strong personal impression that leads to buy in from others • Corporate Governance & Compliance • Leading Governance Always work in the best interest of the organisation and aligns business practices to ethical obligations and good corporate governance. Leading Safety Practice Always work in the best interest of the organisation and aligns business practices to the ethical obligations and good corporate governance • Leading Safety Practice • Leading Risk Management • Personal Mastery • Learning and Applying Expertise • Resilience • Emotional Intelligence • Vigour & Personal Drive
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.
Disclaimer
If you have not heard from Transnet within 90 days, please consider your application as unsuccessful.
Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056 or email reportit@ethicshelpdesk.com
SNR MANAGER: INTERNAL CONTROL&COMBINED A
Operating Division: Transnet Rail Infrastructure Manager (TRIM)
Employee Group: Permanent
Department: TR-FIN-Statutory Reporting-PKT
Location: Parktown
Reporting To: General Manager: Finance
Grade: D
Reference: req5673
The closing date is on . It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement.
Position Purpose
The purpose of this position is · To enhance TRIM’s internal control framework by ensuring that the design and operating effectiveness of controls mitigate key risks, support compliance, enable reliable financial reporting and improve operational efficiency. The role supports the Head: Governance and Audit Liaison by providing specialist oversight of internal controls, control self-assessments, ITM tracking, combined assurance activities, audit evidence readiness and remediation of control weaknesses. · To provide strategic direction in the development, review, management, implementation, monitoring and evaluation of a comprehensive Combined Assurance programme aligned to the standards of the Institute of Internal Auditors (IIA), Transnet governance requirements and recognised assurance practices. The role coordinates assurance activities across risk management, compliance, internal audit, external audit, business process owners and other assurance providers to ensure comprehensive risk coverage, reduced duplication, defensible audit evidence and alignment with national regulations and international best practice.· To complement the Senior Manager: Governance: Loss Control and PFMA role by focusing on internal controls, combined assurance, audit readiness, ITM management and remediation tracking, while the PFMA/Loss Control role provides specialist focus on PFMA compliance, irregular expenditure, fruitless and wasteful expenditure, SCM governance, loss control and related governance breaches.
Position Outputs
Strategy • Alignment with Transnet Group Loss Control to liaise and align efforts for all related activities. • Coordinate with Transnet Group Loss Control to integrate internal control activities, ensuring consistency and compliance within the OD. • To influence the Transnet Internal Audit (TIA) Plan ensuring risk areas are addressed and ensuring comprehensive coverage. • Oversee TIA budgeting, coordinate between TIA and management, and ensure strict adherence to the approved audit plan. • To ensure that all GMs in TRIM are timeously and accurately kept abreast of all significant/long outstanding audit findings. Assist where possible to ensure that the ITM is updated with the relevant and up-to-date corrective action plans. • To ensure that an effective ITM dashboard of all internal control activities within TRIM is maintained and presented to the Internal Control Steering Committee in TRIM (and other relevant committees) for proper decision-making and action.
• To promote robust discussions around all matters on the ITM dashboard ensuring that it fairly reflects the overall status of internal controls in TRIM. • Liaise with managers at the different locations and within the OD to project-manage OD-wide projects that enhance controls and to adequately manage risk identified through internal audits and the results of control self-assessments. • Design and roll out Control Self-Assessment (CSA) frameworks and methodologies across TRIM. • Guide the business in conducting the CSA for all the business functional areas. • Analyse assessment outcomes to identify control gaps or weaknesses. • Track the status of corrective action plans arising from the assessment results. • Develop and implement the Transnet Combined Assurance strategy. • Direct the activities to ensure that the Combined Assurance providers are aligned to the international and national standards.
• Provide and coordinate improvements on Procedures, compliance obligations, King V as well as Procedure with the TFR Combined Assurance Providers. • Lead the capacitation of the Combined Assurance Providers on the TRIM Framework, procedures, compliance obligations, King V, international and national standards. • Drive the establishment of the tools, methodologies and approaches to ensure alignment and collaboration with Transnet Group Combined Assurance. • Lead the definition of the Roles and Responsibilities for TRIM Combined Assurance per line of assurance and ensure the relevant assurance providers are informed.
• Lead research on continuous improvement opportunities of Combined Assurance processes through various industry platforms e.g. IIA, Risk Based Internal Audit articles or newsletters. • Support the Head: Governance and Audit Liaison in planning and coordinating quarterly reviews, half-year reviews, year-end external audits and other assurance engagements by ensuring that internal control, CSA, ITM and combined assurance evidence is complete, traceable, reviewed and submitted within agreed timelines. • Review audit evidence packs relating to internal controls, control self-assessments, ITM actions, control testing, combined assurance activities and remediation progress before submission to the Head: Governance and Audit Liaison.
• Coordinate management responses for audit findings relating to internal controls, combined assurance, control design, operating effectiveness, repeat findings and remediation delays, ensuring that responses are factual, evidence-based, technically defensible and aligned to agreed corrective actions. • Track audit action plans, ITM actions and combined assurance remediation commitments to closure, escalating overdue, repeat, high-risk or disputed matters to the Head: Governance and Audit Liaison for executive attention. • Work with the Senior Manager: Governance: Loss Control and PFMA to ensure that control weaknesses linked to PFMA, SCM governance, irregular expenditure, fruitless and wasteful expenditure or loss control findings are reflected in the control environment improvement plan and monitored to prevent recurrence.
• Conduct audit post-mortems and lessons-learnt reviews for internal control and combined assurance findings and translate recurring audit issues into practical control improvement plans. Monitoring • Develop and implement monitoring methods and tools for TRIM Combined Assurance activities. • Facilitate the evaluation of the Combined Assurance and resource plan report and identify key issues to be reported to relevant governance structures. • Evaluate adherence to the Combined Assurance Framework and procedure. • Review adherence to timelines of actions from audit and identify critical areas for reporting. • Liaise with internal and external structures on matters that had been identified as gaps as well as areas of good performance to enhance relationships. • Evaluate the impact of transactional tools performance and deviations on the execution of the Combined Assurance from the Assurance Providers and resolve matters with relevant functions.
• Aligning assurance to the various risk exposure levels through properly defined and consistently applied assurance mapping processes. • Maximising control efficiencies and optimising the impact of effective controls through the execution of risk-based assurance. • Giving comfort to Management, the TRIM EXCO that critical risks are understood across the OD, Business Units are properly and effectively managed. Governance • Establish the TRIM Combined Assurance governance structures in line with the Transnet Combined Assurance oversight principles and practices. • Facilitate the appointment of Assurance Providers for the TRIM Combined Assurance Working Group (CAWG) to provide oversight on the implementation of the Combined Assurance framework, procedures and processes. • Represent TRIM at the Transnet Combined Assurance Forum and the Internal Control Steering Committee (ICSC) within the Business Units to ensure that the TRIM activities,
challenges and the achievements are identified, and the necessary support is provided by the Transnet Group governance forum. Manage the Internal Control and Combined Assurance team (leading other) • Compile, monitor and control the annual budget • Comply in terms of PFMA Regulations and Treasury Instructions Manage the Internal Control and Combined Assurance team (leading other) • Lead the assembly of the various assurance providers to constitute an effective Combined Assurance team • Develop a capability matrix that guides the requirements, knowledge and skills of assurance team members • Set out performance objectives for Combined Assurance members and evaluate their performance accordingly Manage and monitor the implementation of Control Self-Assessment (leading other) • Oversee the execution of control testing and validation activities. • Report the CSA findings and remediation progress to all the governance forums
Qualifications and Experience
• Honours Degree or Postgraduate qualification in Internal Auditing, Accounting, Risk Management, Governance, Compliance, Assurance or a related field. • CA(SA) registration would be an advantage. • Certified Internal Auditor certification, Certified Information Systems Auditor certification, Certification in Risk Management Assurance or equivalent assurance-related certification would be an added advantage. • Relevant 8 to 10 years’ experience in internal control, internal audit, combined assurance, governance, compliance, risk management or audit readiness, including at least 5 years at a management-level. • Experience in external audit liaison, management letter resolution, evidence management, ITM action tracking, CSA programmes and remediation of repeat audit findings in a PFMA-regulated or state-owned company environment is advantageous. Standard Job Requirements • Driver’s license code 08 • Travel as required and approved
Competencies
Strategy & Sustainability •Strategic Thinking Formulates strategies and business plans to achieve the overall organisations direction •Commercial Awareness Keeps abreast of internal and external factors that can impact the business •Innovating Generates new ideas or solutions by thinking "outside of the box"; reviews current processes or systems and identifies ways to optimise them Ethical & Inspirational Leadership •Inspiring People Leads by example. Inspires, motivates and empowers team members to do their best. •Managing Talent Provides clear direction and sets performance standards/requirements for the team •Leading Change Leads and directs change initiatives. •Embracing Diversity Leads and promotes equal opportunity and has an appreciation for diversity in the workplace Business Performance and Delivery •Lead Business Performance Leads the business to be more efficient and effective •Strategic Decision Making Is decisive and takes full accountability for decisions •Business Acumen Understands and deal with various business situation using obtained knowledge and a broad spectrum of expertise •Analysing Thinks in a systemic way but is open to new approaches Relationship Management •Communicating Effectively Communicates the business strategy and objectives in a clear and manner •Collaborating and Networking Build wide and effective relationships with people inside and outside of the organisation to help achieve the organisations goals and objectives •Service Orientated Leads by example; strives for a customer centric culture where everyone acts with the customer in mind •Persuading and Influencing Is able to persuade and influence those around him/her for the benefit of achieving the organisations/department goals and objectives. Identifies and influences key decision makers using strong persuasive techniques and creates a strong personal impression that leads to buy in from others Corporate Governance & Compliance •Leading Governance Always work in the best interest of the organisation and aligns business practices to the ethical obligations and good corporate governance •Leading Safety Practice Leads safety practices by communicating, enforcing and supporting all safety standards and activities •Leading Risk Management Personal Mastery •Learning and Applying Expertise •Resilience •Emotional Intelligence •Vigour & Personal Drive
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.
Disclaimer
If you have not heard from Transnet within 90 days, please consider your application as unsuccessful.
Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056 or email reportit@ethicshelpdesk.com
SNR MANAGER: FINANCIAL MODELING
Operating Division: Transnet Rail Infrastructure Manager (TRIM)
Employee Group: Permanent
Department: TR-FIN-Capital Budgeting Govrn & Bus-PKT
Location: Parktown
Reporting To: General Manager: Finance
Grade: D
Reference: req5595
The closing date is on . It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement.
Position Purpose
To lead TRIM’s financial modelling capability within Financial Planning and Regulation, providing senior management oversight, technical assurance and business partnering support across strategic finance, tariff, regulatory, funding, capital investment and commercial decision-making areas. The role reports directly to the Head of Financial Planning and Regulation and is accountable for leading the financial modelling capability that develops, maintains and quality-assures models used across TRIM’s major business areas. The portfolio supports PSP transactions, BFI and other funding applications, tariff and regulatory submissions, corridor and customer profitability analysis, capital investment appraisals, scenario planning, affordability assessments and other executive decision support requirements. The role is accountable for establishing consistent modelling standards, ensuring auditability, strengthening scenario analysis, and translating complex model outputs into clear insights for management, Exco, Board, regulator, National Treasury and other stakeholder submissions. The role is accountable for: • Leading the financial modelling function to support modelling priorities across TRIM’s finance, commercial, regulatory, capital and strategic project areas. • Developing, reviewing and quality-assuring complex financial models for PSP corridor concessions, tariff applications, BFI funding applications, capital business cases, regulatory assessments and other strategic finance decisions. •Embedding modelling governance, standards, controls and documentation to ensure models are robust, auditable, transparent and fit for executive and regulatory decision-making. • Providing senior-level insight and interpretation of model outputs to inform business strategy, funding negotiations, tariff decisions, affordability assessments, investment prioritisation and audit/regulatory responses.
Position Outputs
Financial Modelling Leadership Lead and coordinate the financial modelling capability, allocate modelling work, review outputs, provide technical guidance and ensure consistent modelling standards across the business. BFI Funding Models Prepare financial models and business case templates for BFI funding applications to National Treasury, ensuring alignment with Treasury guidelines and TRIM's strategic priorities. Business Case Financial Models Develop financial models for business cases requiring Exco, GIC, or Board approval, including cost-benefit analysis and risk-adjusted return calculations. Ad-hoc Strategic Project Models Provide financial modelling support for tariff scenario analysis, cost optimisation initiatives, revenue enhancement projects, funding proposals, customer affordability assessments and other strategic finance projects as directed by the Head of Financial Planning and Regulation.
Model Quality Assurance Own the modelling quality assurance framework, review assumptions, inputs, formulas, controls and outputs, and approve models for use in management, regulatory, funding and Board decision-making processes. Sensitivity and Scenario Analysis Conduct sensitivity analysis and scenario planning to assess the impact of key variables (tariff levels, volume forecasts, capital costs, interest rates) on project viability. Model Documentation Prepare clear, concise model documentation, including assumption registers, calculation methodologies, and user guides for handover to business-as-usual owners.
Presentation Support Prepare model outputs, charts, and summary tables for inclusion in Board papers, Exco packs, and Regulator submissions. Gate Review Support Provide financial modelling support for Gate Reviews, including model validation and sensitivity analysis. Tender Evaluation Support Perform financial assessments of tender submissions for PSP transactions and other strategic projects.
Qualifications and Experience
• BCom (Honours) Degree in Finance, Accounting, Economics, Actuarial Science, Engineering, Mathematics, Statistics or similar quantitative discipline is required. • CA(SA), CIMA, CFA, MBA, MSc Finance, Project Finance is highly advantageous. • At least 8–10 years’ experience in financial modelling, business case development, infrastructure finance, project finance, tariff/regulatory analysis or strategic financial planning, with at least 5 years at management level. • Advanced financial modelling skills, including DCF, NPV, IRR, DSCR, sensitivity analysis, scenario planning, tariff modelling and funding/business case models. Experience with Power BI, VBA, SQL, Python or similar analytical tools is advantageous. Standard Job Requirements • Driver’s license code 08 • Travel as required
Competencies
Strategy & Sustainability •Strategic Thinking Translates strategies into measurable goals and objectives to achieve the organisations vision. •Commercial Awareness Keeps abreast of internal and external factors that can impact the business; is aware of developments in organisational structures, economics and politics where relevant •Innovating Inspirational Leadership Inspiring People Inspires, motivates and empowers team members to do their best •Leading Change Manages and directs change initiatives. •Embracing Diversity Manages and promotes equal opportunity and has an appreciation for diversity in the workplace Business Performance and Delivery •Lead Business Performance Manages the business to be more efficient and effective •Strategic Decision Making Is decisive and takes full accountability for decisions •Business Acumen Understands and deals with various business situations using obtained knowledge and a broad spectrum of expertise Relationship Management •Communicating Effectively Communicates the business strategy and objectives in a clear and manner •Collaborating and Networking Build wide and effective relationships with people inside and outside of the organisation to help achieve the Organisations goals and objectives. •Service Orientated Leads by example; strives for a customer centric culture where everyone acts with the customer in mind. •Corporate Governance & Compliance Leading Governance Always work in the best interest of the organisation and align business practices to ethical obligations and good corporate governance. •Leading Safety Practice Takes full responsibility or adherence to safety practices within the department •Leading Risk Management Drives and embeds sound risk management practices. •Personal Mastery •Learning and Applying Expertise •Resilience •Emotional Intelligence •Vigour & Personal Drive
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.
Disclaimer
If you have not heard from Transnet within 90 days, please consider your application as unsuccessful.
Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056 or email reportit@ethicshelpdesk.com
