Picture
 
MEDIA DEVELOPMENT AND DIVERSITY AGENCY (MDDA)
 
The Media Development and Diversity Agency (MDDA) is a statutory development agency for promoting and ensuring media development and diversity, set up as a partnership between the South African Government and major print and broadcasting companies in terms of the MDDA Act, No. 14 of 2002.
 
The following position based in Johannesburg is available at the MDDA:
 
FINANCE MANAGER
Post Code: 
Department: Finance
Normal Hours of work: As Business dictates
Normal place of work: Auckland Park, Johannesburg
Job Classification: Management
Reporting to: Chief Financial Officer
Job Grade: D2
Last Review: May 2023
 
PRIMARY OBJECTIVE(S) OF THE JOB
Responsible for overseeing the financial operations and the provision of financial management support to the organisation, including the corporate liquidity, financial performance, financial position and risk management functions related to the organisation’s financial activities in order to achieve strategic objectives of the organisation.
Responsible for the provision of Supply Chain Management support, including demand management for goods and services, and Acquisition Processes for MDDA, in order to ensure both the compliance and efficiency of the Procurement Process.
 
MDDA VALUES
Integrity: We are honest, transparent, reliable, fair, accountable and responsible for our actions
Ubuntu: We are empathetic, courteous and respectful to our staff and clients alike
Professionalism: We are efficient, effective, service delivery orientated, punctual, performance driven and work collectively
Commitment: We are passionate, go the extra mile, responsive, have a strong work ethic, are consistent and accessible
Developmental: We are inclusive, open and participatory
 
 
KEY DUTIES AND RESPONSIBILITIES
Strategic Implementation
  • Assist the CFO with the Annual Performance Plan and Business Unit Operational Plan
  • Compile the Medium-term revenue and expenditure framework
  • Undertake an annual Financial Policy development and review
  • Observe and comply with the provisions of all relevant and requirements of Treasury Regulations and the PFMA
Team Leadership
  • Implementing the activities of the team
  • Manage effective communication within the unit
  • Manage and create a conducive environment for highly motivated and productive staff for the team
  • Manage Staff performance
  • Develop work performance standards for both employees and review committees for the team in consultation with the CFO
  • Planning for the teams future needs and operations in consultation with the Executive
Financial Management
- Revenue Management
  • Assisting the CFO in the sourcing of Funds to ensure the financial viability of the organisation.
  • Assisting the CFO in the investigation of new revenue streams for the organisation.
  • Ensure the accurate and timely submission of legislative documents for the Grant Funds approval process.
- Expenditure Management
  • Verification of expenditure documents to ensure required documents and signatures are in place before payments are made.
  • Oversight the Payments process to suppliers, grant beneficiaries and managing of organisational creditors to ensure payments are made within the stipulated time frames.
  • Ensure that all correct and verified invoices are paid within 30 days
  • Oversee the compilation of expenditure and other account reconciliations
  • Assist the HRM and CFO in the management of the payroll process
- Budget Management
  • Facilitate and compile the Medium Term Expenditure Framework report as per National Treasury guidelines
  • Facilitate and compile the Estimate of National Expenditure as per National Treasury guidelines
  • Assist the CFO in the design of the system of internal controls.
  • Monitoring the efficiency of the implemented internal controls.
  • Creation of accounts to ensure the accurate allocation of funds to departments.
  • Oversight of organisation expenditure to ensure alignment to the approved budgeted plan.
- Investment Management
  • Assist the CFO in the investment of surplus funds to ensure the maximum return on investments.
  • Oversee the compilation of investment reconciliations.
Reporting
  • Manage accounting and reporting processes
  • Compile and ensure that all reports and documentation are generated and submitted according to specified standards and requirements
  • Assisting Management in the development of their departmental financial reports
  • Assisting Management in the development of Annual Performance Report
  • Assisting Management in the development of the Organisational Annual Report
  • Development of Monthly and Quarterly organisational Financial Reports for approval by the CFO
  • Preparation of Quarterly and Annual Financial Statements for approval by the Board
Asset Management
  • Ensure proper fixed assets management
  • Annual review of the General Ledger to trace and record asset transaction to the Assets Register.
  • Annual reconciliation of the Assets Register
  • Safeguarding of all assets
Internal and External Audit Management
  • Assisting the CFO in co-ordination of the Audit preparation plan
  • Co-ordination of the Audit Process
  • Provision of information to the Auditors
  • Responding to the Audit Quires
  • Assist the CFO in attaining a positive audit outcome
Financial Business Continuity / Financial Information Technology Systems
  • Ensure effective administration of the financial management systems
  • Ensure business continuity and data recovery related to the financial information systems.
  • Ensure with IT Manager the security and privacy of financial information
Supply Chain Management
  • Ensure that MDDA has and maintains an appropriate procurement system which is fair, equitable, transparent, competitive and cost effective
  • Oversight of the compilation of Tender documents
  • Oversight of Tender Committees (Specification Committee, Evaluation Committee, Adjudication Committee)
  • Oversight of the development and placement of Advertisements for acquisitions
  • Oversee the requisition of quotations from suppliers listed on the supplier’s database
  • Undertake the evaluation of quotations and make recommendations to the CEO on preferred suppliers
Inventory Management
  • Oversight on the purchase of inventory
  • Oversight of the issuing of inventory items to stakeholders
  • Oversee the Quarterly stock counts of both physical inventory and current projects
Disposal Management
  • Manage the Disposal of assets and inventory
Contracts Management
  • Drafting of Service Level Agreements with the assistance and approval by the Legal Services Department
  • Oversight of the compilation of the Contracts Register
  • Monitor and Review the Contracts Register
 
PLANNING AND DEVELOPMENT
  • Assist in the preparation of the MDDA's overall budget
  • Assist management in the formulation of its overall fiscal control
 
HUMAN RELATIONS
  • Team-player
  • Motivator - relationship with colleagues, works well with other employers and can achieve results.
  • Strategic planning sessions
 
CUSTOMER RELATIONS
Internal – All staff
External – Government officials, Funders, Insurers, Customers, All visitors, Service providers/vendors, Banks, Grant Receivers
 
CONTINUOUS PROFESSIONAL DEVELOPMENT AND UPGRADE
International and Local Accounting requirements and Financial and Supply Chain regulations and legislation
 
QUALIFICATIONS AND EXPERIENCE
  • Accounting Degree Qualification
  • Post Graduate Accounting Qualification would be an advantage
  • 10 years of Financial Management experience of which 5 must be at management level
  • 5 years public sector financial management experience will be an added advantage
  • Experience in the development and/or grant-making sector will be an added advantage.
  • Knowledge and understanding of the Public Finance Management Act (PFMA); Preferential Procurement Policy Framework Act and Supply Chain Management in the public sector; Public Audit Act; Treasury Regulations; and Public Administration
 
Leadership Competencies
Team Leadership; Results Management; Planning and Organising
Behavioural Competencies
Problem Solving; Achievement Orientation; Decision Making; Analytical Thinking; Attention to Detail
Technical Competencies
Financial Management and Accounting; Financial Budgeting, Planning and Reporting; Accounting and Reporting
 
SPECIAL REQUIREMENTS
  • Ensure the integrity and completeness of financial reporting.
  • Oversee effective utilisation of financial support provided as financial grants.
  • Understanding of interaction between public finance Acts and corporate governance, specifically relating to the
  • PFMA, King III, and GAAP / GRAP practices.
  • Understanding of complex financial and accounting principles.
  • Experience and understanding of Risk analysis, Cash flow, Budgeting and Forecasting, Financial Modeling,
  • Financial Statements and Investments.
  • Computer proficiency.
  • Strong report writing skills.




HOW TO APPLY: Suitably qualified and experienced candidates are invited to submit a comprehensive CV with at least three contactable references and a fully completed employment application form obtainable on www.mdda.org.za must be emailed to recruitment@mdda.org.za quoting the reference no: 2023FM
 
NB: Use the relevant reference no. as a subject line.
An email without the reference number as a subject/heading, CV and fully completed employment application form will be disqualified Nompumza 
 
For further enquiries please contact Mr Sisanda at the MDDA offices at (011) 643 1100.
 
PLEASE NOTE: Communication will be limited to shortlisted candidates only. If you have not heard from us within 30 days of the closing date, please assume that your application has not been successful. Only applicants who are interviewed will be advised on the outcome of their applications. Successful candidates will be expected to sign performance contracts. It is the responsibility of candidates with foreign qualifications to have their qualifications verified by the South African Qualification Authority (SAQA).
 
The MDDA is committed to Employment Equity policies, promoting equity, and equal opportunity employment.
 
Appointment is subject to appropriate reference checks, competency assessment and verification of all their credentials. The MDDA is under no obligation to fill the position after advertising it and reserves the right not to make an appointment. Although advertised, it may thus either be withdrawn or re-advertised.
 
Closing date: 05 June 2022.
 
Promoting and supporting Media Development in SA.