METROPOLITAN TRADING COMPANY (MTC) 5 YEAR FIXED TERM PERFORMANCE BASED CONTRACT Department: Metropolitan Trading Company (MTC) Position: Chief Financial Officer Salary Range: 1, 310,202.66 – 1, 917,907.35 TCT Division or Cluster: Financial Services Reports to: Chief Executive Officer Workplace: Braampark BRIEF BACKGROUND OF METROPOLITAN TRADING COMPANY: Metropolitan Trading Company (MTC) is an entity owned by the City of Joburg Metropolitan Municipality (the City) tasked with operating Johannesburg Broadband Network (JBN). The aim of the JBN is to ensure the availability of affordable broadband connectivity throughout the City, which will support socio-economic development through accelerated growth, expanded productivity leading to enhanced quality of life for all. JBN is also aimed to lower the City’s own operating costs whilst increasing access to telecommunications services for residents in the City. This will stimulate economic development in the City, reduce ICT costs and provide available broadband access to the industry. The primary objectives of MTC are: • To increase the competitiveness of existing businesses within the City. • Increase the usage and penetration of high- speed broadband connectivity. • Facilitate the growth and development of new and existing Information and Communication Technology (ICT) businesses. • Improve the marketability of Joburg as an investment destination. • Increase and accelerate access to the benefits of internet-based communication to achieve digital inclusion. • Reduce the operating costs to the City and improve service delivery. MTC is currently embarking on a recruitment process for the purposes of capacitating its resources to enable seamless operations. Educational Requirements and Experience • Chartered Accountant (SA), Certificate in Municipal Financial Management. • Minimum of Seven (7) years at Senior Management. • Strategic Leadership Management • Strategic Financial Management • Operational Financial Management • Governance, ethics and values in Financial Management • Financial and performance reporting • Risk and change management • Project Management • Legislation, Policy implementation • Stakeholder Relations • Supply Chain Management • Audit and Assurance. Short Detailed Job Description: • Identify, lead and direct strategies relating to long term financial sustainability of the Organization • Lead and direct strategies that relate to supply chain management practices • Identify innovative solutions for funding of the Organization and where appropriate, capital projects • Implement, monitor and review financial controls and internal controls as they relate to the finance division. • Implement and review relevant, current financial structures. • Manage the recording and internal controls in respect of revenue (income). • Manage journals, reconciliations and expense allocations. • Manage accurate accruals and provisions • Manage the cash flow and ensure it is effective. • Manage the payment of subsistence and travel. • Monitor the spending and ensure it is in line with budget. • Manage and control operating costs. • Oversee the preparation of the annual financial statements. • Manage the year-end Auditor General engagement • Manage internal controls in respect of supply chain management including policies, procedures, templates, staff, and system controls supporting supply chain management. • Implement and manage controls in respect of payroll. • Develop staffing plans in line with MTC’s short, medium and long-term objectives • Determine budgetary requirements for Human Capital CLOSING DATE 20 AUGUST 2021 Applications should be forwarded to: trn@mweb.co.za or trn.rennet@gmail.com Applications should be submitted on a prescribed Metropolitan Trading Company application Forms for Employment and should be accompanied by a CV and certified copies of qualifications no older than 3 months. Applications received after the closing date and those that do not comply with the requirements will not be considered. A compulsory competency test will be conducted as applicable, and all the logistics will be communicated. The successful candidate will be subjected to personnel suitability checks and other vetting procedures. The appointment will be made in accordance with the MTC Employment Equity Plan and Policy. Candidates who have not been contacted within 30 days of the closing date may consider that their applications have been unsuccessful. PUBLICATION DATE: PUBLICATION DATE: 30 July 2023 5 YEAR FIXED TERM PERFORMANCE BASED CONTRACT Department: Metropolitan Trading Company (MTC) Position: Chief Executive Officer Salary Range: 1,681,595.09 – 2,498,218.50 (CTC) Division or Cluster: Office of the Executive Reports to: Board of Directors Workplace: Braampark office Park BRIEF BACKGROUND OF METROPOLITAN TRADING COMPANY: Metropolitan Trading Company (MTC) is an entity owned by the City of Joburg Metropolitan Municipality (the City) tasked with operating Johannesburg Broadband Network (JBN). The aim of the JBN is to ensure the availability of affordable broadband connectivity throughout the City, which will support socio-economic development through accelerated growth, expanded productivity leading to enhanced quality of life for all. JBN is also aimed to lower the City’s own operating costs whilst increasing access to telecommunications services for residents in the City. This will stimulate economic development in the City, reduce ICT costs and provide available broadband access to the industry. The primary objectives of MTC are: • To increase the competitiveness of existing businesses within the City. • Increase the usage and penetration of high- speed broadband connectivity. • Facilitate the growth and development of new and existing Information and Communication Technology (ICT) businesses. • Improve the marketability of Joburg as an investment destination. • Increase and accelerate access to the benefits of internet-based communication to achieve digital inclusion. • Reduce the operating costs to the City and improve service delivery. MTC is currently embarking on a recruitment process for the purposes of capacitating its resources to enable seamless operations. Educational Requirements and Experience • Degree with relevant Postgraduate qualification • MBA will be added as an advantage. • Fifteen (15) years' experience of which at least five (5) years has been at executive level experience in ICT/ Telco environment • Strategic Leadership Management • Governance, ethics and values in Financial Management • Risk and change management • Project Management • Legislation, Policy implementation (i.e. MFMA and etc) • Stakeholder Relations • Supply Chain Management • Must be able to work under pressure • Systematic workflow • Well- tempered and be able to communicate well at all levels Short Detailed Job Description: • Provide strategic and operational leadership to achieve organisation's financials and operational goals. • Ensure compliance to legislation, risk management, accountability, ethics and operational actions against all requirements of the Municipal Finance Management Act. • Ensure achievement of the organisation's mandate and strategic objectives. • Strategically engage and build relationships with all stakeholders to ensure that the organisation's reputation and brand eminence is progressively built. • Develop and implement organisation-wide policies, procedures and systems to ensure that all processes and procedures comply with legislative/ statutory requirements. • Creating, communicating, and implementing the organization's vision, mission, and overall direction. • Soliciting advice and guidance, when appropriate, from a Board of Directors. • Formulating and implementing the strategic plan that guides the direction of the business or organization. • Ensure alignment and integration of operations infrastructure planning and capacity building initiative with those of broader organisational objectives. • Lead and direct operational effectiveness and customer satisfaction to ensure that customer service, operational efficiency and profitability objectives are met. • Develop, implement and coordinate strategies for business growth to ensure annual growth on market share in designated market segments at the right revenue margins. • Provide strategic human resources leadership that advance the organisation's goals CLOSING DATE 20 AUGUST 2021 Applications should be forwarded to: trn@mweb.co.za or trn.rennet@gmail.com Applications should be submitted on a prescribed Metropolitan Trading Company application Forms for Employment and should be accompanied by a CV and certified copies of qualifications not older than 3 months. Applications received after the closing date and those that do not comply with the requirements will not be considered. A compulsory competency test will be conducted as applicable, and all the logistics will be communicated. The successful candidate will be subjected to personnel suitability checks and other vetting procedures. The appointment will be made in accordance with the MTC Employment Equity Plan and Policy. Candidates who have not been contacted within 30 days of the closing date may consider that their applications have been unsuccessful. PUBLICATION DATE: 30 July 2023 VACANCY CIRCULAR: REFS/004811
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