- Published on
MINING QUALIFICATIONS AUTHORITY (MQA) VACANCIES
MINING QUALIFICATIONS AUTHORITY (MQA)
CHIEF FINANCIAL OFFICER
Paterson Grade: E4
The Mining Qualifications Authority (MQA) is a Sector Education and Training Authority (SETA) operating under the Department of Higher Education and Training (DHET). The MQA is mandated by the Skills Development Act (SDA) 97 of 1998 to drive skills development within the mining and minerals sector (MMS). Its scope covers a diverse range of sub-sectors, including Coal Mining, Gold Mining, Platinum Group Metals (PGM) Mining, Diamond Mining, other mining commodities, Cement, Lime, Aggregates, and Sand, as well as services related to the mining industry, Diamond Processing, and Jewellery Manufacturing.
The MQA requires the services of a competent individual to fill the below-mentioned position.
ROLE PURPOSE:
To provide both strategic and tactical support on matters relating to budget management, cost benefit analysis, forecasting needs and financial reporting. The CFO will also have oversight of the Finance, Supply Chain Management Units and Strategic Projects and provide programmatic support of key contracts.
The successful candidate will report to the Chief Executive Officer.
KEY PERFORMANCE AREAS:
- Risk and Compliance Management: Ensure the provision of a sound financial management within the organisation • Oversee the implementation of compliance to all Finance and SCM policies in line with legislation and best practice • Oversee the management of financial aspects of all company transactions including contracts • Ensure the approval of all agreements concerning financial obligations • identify strategic and operational risks and ensure mitigation of such risks • Report to the Audit and Risk Committee and the Board on the strategic and operational
- Budgeting, Expenditure and Financial Management: Overseeing the budget process, collecting the inputs, and comparing the company’s actual performance with the approved budget • Establish and maintain lines of communication with investment bankers, financial analysts, and shareholders • Ensure that the budget is developed and that it is aligned to the business plan • Drive the budgeting and the business planning processes • Manage all costs in line with budget • Investigate and action any items of over expenditure • Review the monthly expenditure and explain and / or action all areas of
- Strategic Reporting: Ensure accuracy and completeness of financial information for effective decision making Conduct meaningful proactive analysis to improve key business decisions focusing on management of the budget.
- Transformation and Strategic Planning: Provide financial inputs into the strategic planning process and guidance on the alignment of organizational goal Ensure the achievement of transformation deliverables in line with procurement of goods and services • Develop and oversee the implementation of financial and SCM policies • Assist in formulating the company’s future direction.
- Asset Management: Oversee the safeguarding and management of company assets Oversee the management of contracts, statutory and tax obligations, liabilities in the form of contingencies and insurance • Ensure value for money for the insurance of all assets and directors.
- Revenue Management: Oversee the management of revenue and ensure timeous preparation of reconciliations and relevant financial data.
- Supply Chain Management: Oversee the implementation of SCM plans and sourcing of goods and services Ensure minimization of costs and elimination of fruitless expenditure.
- Customer Focus: Stakeholder Engagement management.
- People Management: Manage team performance Ensure the development, guidance and empowerment of the team to deliver on Unit targets • Ensure that the performance contracts are in place prior to the beginning of each financial year in line with the Department’s strategy and Plans.
KEY REQUIREMENTS: QUALIFICATIONS, EXPERIENCE AND COMPETENCIES:
Qualifications:
- Minimum of a Postgraduate / Honours Degree (NQF 8) in Finance and / or related field preferred
- Master’s degree (NQF 9) is an advantage
- Professional registration, such as CA(SA), RGA, or CIMA, will be considered an added advantage
Experience:
- Minimum of 10 years’ management experience of which 7 years must have been spent at Senior Management Level.
- Excellent knowledge of the SETA landscape and the relevant policies, legislation and regulations that governs it (PFMA, SDA, SDLA, PSET, SETA grant regulations, etc.)
- Experience with Board and/or all spheres of government and how SETAs operate will be advantageous.
- Proven leadership experience in strategically positioning an organisation and managing strategic partnerships and stakeholder relationships.
Competencies:
- Knowledge: • In depth knowledge of current issues and challenges facing Skills Development and SETAs across South Africa • Knowledge of implementing different strategies, legislative mandates and policies and procedures • In depth knowledge of financial and organisational management • Knowledge of diverse funding models and ability to tailor applicability to SETAs environment • Knowledge of corporate governance, compliance and risk management principles, methodologies, and processes • Knowledge of stakeholder management, partnerships models, marketing, and communication methodologies •National, Provincial and Local authority operations • Multi stakeholder reporting and strategic partnerships.
- Skills: • Ensuring the organisation remains financially viable and well governed (Financial Acumen) (Enhanced proficiency) • Internal & external advocacy, communication, and representation (Enhanced Proficiency) • Creativity and Innovation (Intermediate Proficiency) • Facilitation and consultation skills which lend themselves to the ability to enhance high-level networking and influencing (Enhanced Proficiency) • Strategic Capability and Leadership (Business Acumen, Political savvy, Analysis and Strategic Agility, Environmental awareness, Managing vision and purpose) (Enhanced Proficiency) • Manages and encourages people, optimizes their outputs, and effectively manages relationships in order • Self-Management (Enhanced Proficiency)) • Information Management (Intermediate) • Awareness of External Environment (Enhanced) • Leadership (Enhanced).
- Attributes: • Results orientation • Stakeholder Orientation • Resilience • Emotional Intelligence and situational sensitivity • Values and Integrity • Decisiveness • People Orientation.
- The candidate should also be willing to: Work under pressure inclusive of longer than normal offices hours if required • Work with internal and external stakeholders • Travel away from home if required • Engage in a lifelong learning process relative to the context of the workplace • The successful candidate will be required to sign a performance agreement in terms of MQA Performance Management System.
Closing Date: 04 March 2025. Late applications will not be considered.
Interested candidates should submit their applications which shall consist of a one-page motivation, a comprehensive curriculum vitae, certified copies of their qualifications, a valid drivers’ licence, and valid proof of identification to: recruitment@mqa.org.za
The MQA is an Equal Opportunity Employer; therefore, the filling of the position will be in line with its Employment Equity Plan.
Recommended candidates will be expected to undergo a professional competency assessment and vetting processes.
Successful applicant will be required to disclose their financial interest.
Should you not hear from the MQA within 4 weeks of the closing date, you must regard your application as unsuccessful.
The MQA reserves the right not to appoint any person for this position.